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Company Registration No. 12602120 (England and Wales)
Coopah Limited Unaudited accounts for the year ended 31 May 2025
Coopah Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Coopah Limited Company Information for the year ended 31 May 2025
Directors
Daniel Strang Peter Cooper Jonathan Heilbron
Company Number
12602120 (England and Wales)
Registered Office
Marathon House 190 Great Dover St London SE1 4YB United Kingdom
Accountants
The Accountancy Cloud 1 Fore Street Avenue London EC2Y 9DT
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Coopah Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,932
2,499
Current assets
Debtors
5
282,937
128,047
Cash at bank and in hand
618,492
333,351
901,429
461,398
Creditors: amounts falling due within one year
6
(238,046)
(110,825)
Net current assets
663,383
350,573
Net assets
668,315
353,072
Capital and reserves
Called up share capital
327
249
Share premium
2,474,008
961,707
Capital redemption reserve
-
99,932
Profit and loss account
(1,806,020)
(708,816)
Shareholders' funds
668,315
353,072
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2026 and were signed on its behalf by
Daniel Strang Director Company Registration No. 12602120
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Coopah Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Coopah Limited is a private company, limited by shares, registered in England and Wales, registration number 12602120. The registered office is Marathon House, 190 Great Dover St, London, SE1 4YB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 May 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Going concern
The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
3 years straight line
Computer equipment
3 years straight line
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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Coopah Limited Notes to the Accounts for the year ended 31 May 2025
Research and development tax credit
During the financial year, Coopah Limited received a tax credit for qualifying research and development expenditure under the Research and Development tax relief scheme. This is presented as a tax repayment in the Statement of Profit or Loss in line with disclosure requirements under FRS 102.
Foreign exchange
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Prior period restatement
During the year, prior year balances were reviewed and it was noted that the R&D tax credit was omitted from the prior year, requiring the following adjustments: - Other debtors increased by £76,918 to £76,918. - Retained loss decreased by £76,918 to £708,816.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
518
3,243
3,761
Additions
-
4,623
4,623
At 31 May 2025
518
7,866
8,384
Depreciation
At 1 June 2024
75
1,187
1,262
Charge for the year
173
2,017
2,190
At 31 May 2025
248
3,204
3,452
Net book value
At 31 May 2025
270
4,662
4,932
At 31 May 2024
443
2,056
2,499
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
42,015
1,151
Trade debtors
122,543
49,978
Accrued income and prepayments
19,742
-
Other debtors
98,637
76,918
282,937
128,047
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Coopah Limited Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
17,020
21,197
Taxes and social security
29,676
8,309
Other creditors
9,882
4,941
Loans from directors
10
-
Accruals
7,827
-
Deferred income
173,631
76,378
238,046
110,825
7
Average number of employees
During the year the average number of employees was 17 (2024: 8).
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