REGISTERED NUMBER: 12499011 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Koppers Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs K A McFadden

P A McFadden

F S McFadden

REGISTERED OFFICE:

4 Redcote Lane

Kirkstall

Leeds

West Yorkshire

LS4 2AL

REGISTERED NUMBER:

12499011 (England and Wales)

ACCOUNTANTS:

KJA Kilner Johnson Ltd

Woodland House

Woodland Park

Bradford Road

Cleckheaton

BD19 6BW

FIXED ASSETS

Tangible assets

4

96,129

36,093

Investment property

5

327,567

380,848

423,696

416,941

CURRENT ASSETS

Debtors

6

509,893

170,292

Cash at bank

396,644

72,513

906,537

242,805

CREDITORS

Amounts falling due within one year

7

621,298

934,972

NET CURRENT ASSETS/(LIABILITIES)

285,239

(692,167

)

TOTAL ASSETS LESS CURRENT LIABILITIES

708,935

(275,226

)

CREDITORS

Amounts falling due after more than one year

8

932,879

-

NET LIABILITIES

(223,944

)

(275,226

)

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

(223,946

)

(275,228

)

SHAREHOLDERS' FUNDS

(223,944

)

(275,226

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2025 and were signed on its behalf by:

Mrs K A McFadden - Director

1.	STATUTORY INFORMATION

Koppers Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The Director's have considered the financial position of the company and consider it to be a going concern on the basis of continued support from other associated companies.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% straight line, 20% straight line and 10% straight line

Fixtures and fittings

-

25% straight line

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

50,500

8,211

58,711

Additions

81,880

3,050

84,930

At 31 March 2025

132,380

11,261

143,641

DEPRECIATION

At 1 April 2024

19,094

3,524

22,618

Charge for year

22,079

2,815

24,894

At 31 March 2025

41,173

6,339

47,512

NET BOOK VALUE

At 31 March 2025

91,207

4,922

96,129

At 31 March 2024

31,406

4,687

36,093

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

380,848

Additions

70,491

Disposals

(123,772

)

At 31 March 2025

327,567

NET BOOK VALUE

At 31 March 2025

327,567

At 31 March 2024

380,848

The directors assert that the fair value of the investment property is the cost price to date. There has been no use of a third party to obtain a valuation on a open market basis.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

88,800

69,548

Amounts owed by participating interests

123,772

-

Other debtors

-

2

Directors' current accounts

170,804

-

Deferred tax asset

121,088

95,590

Prepayments

5,429

5,152

509,893

170,292

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

47,990

-

Trade creditors

15,929

62,466

Amounts owed to participating interests

409,006

702,365

VAT

9,540

11,848

Other creditors

69,507

61,237

Directors' current accounts

-

17,630

Accruals and deferred income

69,326

79,426

621,298

934,972

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

82,879

-

Bank loans - 2-5 years

850,000

-

932,879

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

980,869

-

The bank loan is secured against Koppers Industrial Estate at Dawes Lane.

10.	DEFERRED TAX

£

Balance at 1 April 2024

(95,590

)

Provided during year

(25,498

)

Balance at 31 March 2025

(121,088

)

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

1

2

2

12.	RELATED PARTY TRANSACTIONS

Amounts owed from directors as at 31 March 2025 was £169,146 (2024: £17,630).

At 31 March 2025 the following balance were owed to related parties:

2025

2024

£

£

Amounts owed (to)/from companies under common control

(275,233)

(702,365)

13.	ULTIMATE CONTROLLING PARTY

In the opinion of the directors, there is no single ultimate controlling party.