REGISTERED NUMBER: 13121925 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Copen Homes Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S F L Galinski

Mrs J R Galinski

REGISTERED OFFICE:

15 Newland

Lincoln

Lincolnshire

LN1 1XG

REGISTERED NUMBER:

13121925 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

21,746

28,876

Investment property

5

450,000

450,000

471,746

478,876

CURRENT ASSETS

Stocks

150,571

125,547

Cash at bank

316

4,271

150,887

129,818

CREDITORS

Amounts falling due within one year

6

323,159

291,918

NET CURRENT LIABILITIES

(172,272

)

(162,100

)

TOTAL ASSETS LESS CURRENT LIABILITIES

299,474

316,776

CREDITORS

Amounts falling due after more than one year

7

(251,950

)

(250,000

)

PROVISIONS FOR LIABILITIES

(1,430

)

(5,486

)

NET ASSETS

46,094

61,290

CAPITAL AND RESERVES

Called up share capital

8

200

200

Retained earnings

45,894

61,090

SHAREHOLDERS' FUNDS

46,094

61,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 30 June 2026 and were signed on its behalf by:

Mr S F L Galinski - Director

1.	STATUTORY INFORMATION

Copen Homes 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.

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 as modified by the revaluation of certain assets.

The accounts are prepared on a going concern basis which assumes that the director will continue to support the Company. If this support were not to continue then this basis may not be appropriate, as at 31 January 2026 the company had net current liabilities of £172,272 (2025- £162,100)

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Work in progress

Work in progress represents the direct costs of renovating properties, including materials, labour and subcontractor costs directly attributable to each project. It is valued at the lower of cost and net realisable value, with non-project overheads expensed as incurred.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

and 31 January 2026

5,616

33,194

3,277

42,087

DEPRECIATION

At 1 February 2025

1,600

8,827

2,784

13,211

Charge for year

602

6,092

436

7,130

At 31 January 2026

2,202

14,919

3,220

20,341

NET BOOK VALUE

At 31 January 2026

3,414

18,275

57

21,746

At 31 January 2025

4,016

24,367

493

28,876

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

and 31 January 2026

450,000

NET BOOK VALUE

At 31 January 2026

450,000

At 31 January 2025

450,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2025

(1,760

)

Cost

451,760

450,000

If the investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

451,760

451,760

The investment property was valued on an open market basis on 31 January 2026 by the directors .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other creditors

323,159

291,918

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

251,950

250,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

200

200