Cooper Specialised Handling Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05354845 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COOPER SPECIALISED HANDLING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D A Cooper

Mrs M S Cooper

SECRETARY:

Mrs M S Cooper

REGISTERED OFFICE:

Holly Farm Business Park

Honiley

Kenilworth

Warwickshire

CV8 1NP

REGISTERED NUMBER:

05354845 (England and Wales)

AUDITORS:

Luckmans Duckett Parker Limited

Chartered Accountants

Statutory Auditors

1110 Elliott Court

Herald Avenue

Coventry Business Park

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

1,514

2,930

CURRENT ASSETS

Stocks

887,477

802,801

Debtors: amounts falling due within one
year

5

8,230,341

3,780,320

Debtors: amounts falling due after more
than one year

5

1,361,023

1,143,204

Cash at bank

79,872

950,698

10,558,713

6,677,023

CREDITORS

Amounts falling due within one year

6

5,480,668

2,758,461

NET CURRENT ASSETS

5,078,045

3,918,562

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,079,559

3,921,492

CREDITORS

Amounts falling due after more than one
year

7

-

(11,615

)

PROVISIONS FOR LIABILITIES

(379

)

(733

)

NET ASSETS

5,079,180

3,909,144

CAPITAL AND RESERVES

Called up share capital

6,000

Retained earnings

5,073,180

3,903,144

SHAREHOLDERS' FUNDS

5,079,180

3,909,144

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

D A Cooper - Director

1.	STATUTORY INFORMATION

Cooper Specialised Handling 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.

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 financial statements have been prepared on the going concern basis. The directors have prepared cashflow projections and forecasts on a group basis which reflect their position that both the company and the group have the ability to continue trading on the going concern basis. However, there are several factors that indicate there may be a short term requirement to make repayment arrangements for key liabilities and the directors are currently in negotiations to secure additional funding should the need arise.

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% on reducing balance, 20% on cost, 15% on cost and Varying rates on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Current asset investments

Investments in subsidiaries, associates and jointly controlled entities are included at fair value. The share of profit or loss from the Godwin Way LLP for its accounting period ending within the accounting period of the company is included in the accounts of that period of the company as a value adjustment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 April 2024

9,225

6,114

24,338

39,677

Disposals

-

(3,055

)

(15,626

)

(18,681

)

At 31 March 2025

9,225

3,059

8,712

20,996

DEPRECIATION

At 1 April 2024

9,225

5,401

22,121

36,747

Charge for year

-

357

1,059

1,416

Eliminated on disposal

-

(3,055

)

(15,626

)

(18,681

)

At 31 March 2025

9,225

2,703

7,554

19,482

NET BOOK VALUE

At 31 March 2025

-

356

1,158

1,514

At 31 March 2024

-

713

2,217

2,930

5.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Trade debtors

3,132,392

88,484

Amounts owed by group undertakings

177,653

-

Other debtors

-

1,088

Directors' current accounts

4,250,583

3,605,193

Prepayments

669,713

85,555

8,230,341

3,780,320

2025

2024

£

Amounts falling due after more than one year:

Other debtors

1,361,023

1,143,204

Aggregate amounts

9,591,364

4,923,524

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

2,372,579

1,185,532

Amounts owed to group undertakings

246,310

159,236

Social security and other taxes

1,314,380

1,013,257

Other creditors

9,272

1,693

Accruals and deferred income

1,538,127

398,743

5,480,668

2,758,461

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Social security and other taxes

-

11,615

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

Within one year

50,632

13,314

Between one and five years

27,336

37,918

77,968

51,232

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

The Report of the Auditors was unqualified.

Mark Spafford FCA FCCA (Senior Statutory Auditor)

for and on behalf of Luckmans Duckett Parker Limited

10.	CONTINGENCIES

The company was issued with a Regulation 80 Determination and S8 Notice during the year by HM Revenue and Customs which could result in additional taxation and social security liabilities arising. The company has made a formal appeal and believes both the Regulation 80 Determination and S8 Notice are invalid and should be revoked.

The company has received contradictory correspondence from HM Revenue and Customs with regard to their approach to the above matter and therefore the company believes that any potential liability is of uncertain timing and amount.

The company will strongly defend its position and its directors have taken professional advice and as such it is considered unlikely that it will be subject to any liabilities arising from this. As a result the company has not made a provision for any liability at 31 March 2025.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

D A Cooper and Mrs M S Cooper

Balance outstanding at start of year

3,605,193

3,024,791

Amounts advanced

645,390

580,402

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

4,250,583

3,605,193

No interest has been charged on the above loan.

12.	ULTIMATE CONTROLLING PARTY

Cooper Group Holdings Ltd is regarded by the Directors as being the company's ultimate parent company. The registered office address is Holly Farm Business Park, Honiley, Kenilworth, CV8 1NP. Copies of the group accounts can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.