REGISTERED NUMBER: 06772002 (England and Wales)

Coppice Side Engineering Ltd

Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J E V Ratledge

J W Ratledge

SECRETARY:

J E V Ratledge

REGISTERED OFFICE:

Gagarin

Lichfield Road Industrial Estate

Tamworth

Staffordshire

B79 7TA

REGISTERED NUMBER:

06772002 (England and Wales)

AUDITORS:

TC Group

Statutory Auditor

Sterling House

97 Lichfield Street

Tamworth

Staffordshire

B79 7QF

FIXED ASSETS

Tangible assets

4

35,896

45,929

CURRENT ASSETS

Debtors

5

125,533

96,570

Cash at bank and in hand

69,820

146,946

195,353

243,516

CREDITORS

Amounts falling due within one year

6

209,378

223,208

NET CURRENT (LIABILITIES)/ASSETS

(14,025

)

20,308

TOTAL ASSETS LESS CURRENT LIABILITIES

21,871

66,237

PROVISIONS FOR LIABILITIES

7

8,102

10,565

NET ASSETS

13,769

55,672

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

13,669

55,572

SHAREHOLDERS' FUNDS

13,769

55,672

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 23 October 2025 and were signed on its behalf by:

J E V Ratledge - Director

1.	STATUTORY INFORMATION

Coppice Side Engineering Ltd 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.

Going concern

The financial statement have been prepared on a going concern basis. The directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. Based on these assessments and the current resources available, the directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

Turnover

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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

- 20% on cost

Fixtures and fittings

- 20% on reducing balance

Motor vehicles

- 20% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

At each year-end the company reviews the book values of its fixed assets to determine whether there is any indication of impairment loss. The recoverable amount of the asset is estimated and then compared to the book value. Any shortfall is charged to profit or loss as an impairment write off. Reversals of impairment write offs are also credited to profit or loss.

Financial instruments

The company has adopted the exemption from the disclosure requirements of section 11 'Basic Financial Instruments' and section 12 'Other Financial Instruments Issues' of FRS 102 in respect of all of its financial instruments.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employee benefits

The cost of short-term employee benefits are recognised as a liability and as an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

70,301

DEPRECIATION

At 1 April 2024

24,372

Charge for year

10,033

At 31 March 2025

34,405

NET BOOK VALUE

At 31 March 2025

35,896

At 31 March 2024

45,929

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

114,358

80,930

Amounts owed by group undertakings

3,940

8,405

Prepayments and accrued income

7,235

7,235

125,533

96,570

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

22,923

69,440

Amounts owed to group undertakings

158,207

131,710

Social security and other taxes

4,646

4,622

VAT

9,008

2,701

Other creditors

4,116

4,257

Accruals and deferred income

10,478

10,478

209,378

223,208

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

8,102

10,565

Deferred

tax

£

Balance at 1 April 2024

10,565

Provided during year

(2,463

)

Balance at 31 March 2025

8,102

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

Ordinary shares have a right to receive notice of, attend and vote at a general meeting of the company, receive dividends and capital on wind up.

9.

RESERVES

Retained

earnings

£

At 1 April 2024

55,572

Deficit for the year

(41,903

)

At 31 March 2025

13,669

The retained earnings reserve represents the cumulative profits and losses, net of dividends.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen Butler BA FCA (Senior Statutory Auditor)

for and on behalf of TC Group

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12.	PARENT COMPANY

The parent company is Jaycee (Coppice Side) Limited, a company registered in England and Wales.

The ultimate parent company is Tamworth Steel Stockholders Limited, a company registered in England and Wales. Group accounts are available at Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ.