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Company Registration No. 8872935 (England and Wales)
Coverpoint Limited Unaudited accounts for the year ended 31 March 2026
Coverpoint Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Coverpoint Limited Company Information for the year ended 31 March 2026
Director
M R Searle
Company Number
8872935 (England and Wales)
Registered Office
1 West Street Lewes East Sussex BN7 2NZ
Accountants
Maxwell-Gumbleton & Co. 1 West Street Lewes East Sussex BN7 2NZ
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Coverpoint Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
44
55
Current assets
Debtors
5
115,394
92,028
Cash at bank and in hand
-
33
115,394
92,061
Creditors: amounts falling due within one year
6
(115,245)
(87,716)
Net current assets
149
4,345
Total assets less current liabilities
193
4,400
Creditors: amounts falling due after more than one year
7
-
(1,643)
Net assets
193
2,757
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
93
2,657
Shareholders' funds
193
2,757
For the year ending 31 March 2026 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 director acknowledges his 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 and authorised for issue on 26 May 2026 and were signed on its behalf by
M R Searle Director Company Registration No. 8872935
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Coverpoint Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Coverpoint Limited is a private company, limited by shares, registered in England and Wales, registration number 8872935. The registered office is 1 West Street, Lewes, East Sussex, BN7 2NZ.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
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:
Computer equipment
20% straight line
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.
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.
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Coverpoint Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2025
600
At 31 March 2026
600
Depreciation
At 1 April 2025
545
Charge for the year
11
At 31 March 2026
556
Net book value
At 31 March 2026
44
At 31 March 2025
55
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
29,969
72,081
Accrued income and prepayments
77,365
12,265
Other debtors
8,060
7,682
115,394
92,028
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
12,465
31,048
VAT
14,910
5,452
Taxes and social security
48,185
38,732
Other creditors
2,149
1,102
Loans from directors
36,436
10,282
Accruals
1,100
1,100
115,245
87,716
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
-
1,643
8
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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