Company Registration No. 14968503 (England and Wales)
Coppice Close Ltd
Unaudited accounts
for the year ended 30 June 2025
Coppice Close Ltd
Unaudited accounts
Contents
Coppice Close Ltd
Company Information
for the year ended 30 June 2025
Directors
Neal Penfold
Nathan Hartigan
Company Number
14968503 (England and Wales)
Registered Office
Anumerate Office 2.05
Old Town Hall
30 Tweedy Road
Bromley
BR1 3FE
England
Coppice Close Ltd
Statement of financial position
as at 30 June 2025
Inventories
294,666
275,587
Creditors: amounts falling due within one year
(315,956)
(284,435)
Net current liabilities
(21,290)
(8,848)
Net liabilities
(21,290)
(8,848)
Called up share capital
100
100
Profit and loss account
(21,390)
(8,948)
Shareholders' funds
(21,290)
(8,848)
For the year ending 30 June 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 29 June 2026 and were signed on its behalf by
Nathan Hartigan
Director
Company Registration No. 14968503
Coppice Close Ltd
Notes to the Accounts
for the year ended 30 June 2025
Coppice Close Ltd is a private company, limited by shares, registered in England and Wales, registration number 14968503. The registered office is Anumerate Office 2.05, Old Town Hall, 30 Tweedy Road, Bromley, BR1 3FE, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The Directors are of the opinion that the Company is a going concern and are providing financial support to the Company in order to meet its liabilities as these fall due.
There is nil corporation tax due in the current financial year.
Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end. Current taxation assets and liabilities are not discounted.
Deferred tax assets are recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax assets and liabilities are measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply in the periods in which any timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted. No deferred tax asset has been recognised for the current or previous year.
Inventories are stated at the lower of cost and net realisable value being the estimated selling price less directly attributable costs to complete and sell. Inventories are assessed for impairment at each reporting date and if impaired, the carrying amount is reduced to its selling price less costs to complete and sell and the impairment loss recognised in profit and loss.
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Coppice Close Ltd
Notes to the Accounts
for the year ended 30 June 2025
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Work in progress
294,666
275,587
Inventories comprise land acquired for development and resale and include directly attributable costs. There was no impairment during this financial year.
5
Creditors: amounts falling due within one year
2025
2024
Other creditors
32,433
13,913
Loans from directors
282,053
269,052
Allotted, called up and fully paid:
200 Ordinary shares of £0.50 each
100
100
7
Transactions with related parties
The Directors advanced £282,053 in loans to the Company to finance the operations of the company. As at the year-end date £183.223 (2024: £180,790) is owed to Mr N Penfold and £98,831 (2024: £88,262) is owed to Mr N Hartigan. Loans from the Directors are interest-free, unsecured and repayable on demand.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).