REGISTERED NUMBER: 02203828 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Andrew Copeland International Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Other Comprehensive Income

4

Balance Sheet

5

Statement of Changes in Equity

6

Notes to the Financial Statements

7

DIRECTORS:

P J Anson

A Copeland

S Thomas

SECRETARY:

R H Thomas

REGISTERED OFFICE:

224 High Street

Beckenham

Kent

BR3 1EN

REGISTERED NUMBER:

02203828 (England and Wales)

ACCOUNTANTS:

M S Aulak Bsc CIPFA FCCA

Chartered Certified Accountant

25 Coolgardie Avenue

Chigwell

Essex

IG7 5AX

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

R H Thomas

P J Anson

A Copeland

S Thomas

Mrs D M Copeland

Other changes in directors holding office are as follows:

Mrs D M Copeland and R H Thomas ceased to be directors after 31 December 2025 but prior to the date of this report.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

S Thomas - Director

7 August 2026

TURNOVER

3

418,724

378,654

Distribution costs

112,670

93,472

Administrative expenses

298,182

255,799

410,852

349,271

7,872

29,383

Other operating income

7,406

37,132

OPERATING PROFIT

15,278

66,515

Interest receivable and similar income

3,283

3,736

PROFIT BEFORE TAXATION

5

18,561

70,251

Tax on profit

6

3,549

15,069

PROFIT FOR THE FINANCIAL YEAR

15,012

55,182

PROFIT FOR THE YEAR

15,012

55,182

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

15,012

55,182

FIXED ASSETS

Intangible assets

8

-

-

Tangible assets

9

2,993

2,761

2,993

2,761

CURRENT ASSETS

Debtors

10

45,854

108,768

Cash at bank

261,181

198,691

307,035

307,459

CREDITORS

Amounts falling due within one year

11

198,985

202,189

NET CURRENT ASSETS

108,050

105,270

TOTAL ASSETS LESS CURRENT LIABILITIES

111,043

108,031

CAPITAL AND RESERVES

Called up share capital

12

1,000

1,000

Revaluation reserve

150

150

Retained earnings

13

109,893

106,881

SHAREHOLDERS' FUNDS

111,043

108,031

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2026 and were signed on its behalf by:

A Copeland - Director

Called up

share

Retained

Revaluation

Total

capital

earnings

reserve

equity

£

£

£

£

Balance at 1 January 2024

1,000

101,699

150

102,849

Changes in equity

Dividends

-

(50,000

)

-

(50,000

)

Total comprehensive income

-

55,182

-

55,182

Balance at 31 December 2024

1,000

106,881

150

108,031

Changes in equity

Dividends

-

(12,000

)

-

(12,000

)

Total comprehensive income

-

15,012

-

15,012

Balance at 31 December 2025

1,000

109,893

150

111,043

1.	STATUTORY INFORMATION

Andrew Copeland International 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 preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 101 "Reduced Disclosure Framework" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 101 "Reduced Disclosure Framework":

•

the requirements of paragraphs 45(b) and 46 to 52 of IFRS 2 Share-based Payment;

•

the requirements of paragraphs 62, B64(d), B64(e), B64(g), B64(h), B64(j) to B64(m), B64(n)(ii), B64(o)(ii), B64(p), B64(q)(ii), B66 and B67 of IFRS 3 Business Combinations;

•

the requirements of paragraph 33(c) of IFRS 5 Non Current Assets Held for Sale and Discontinued Operations;

•

the requirements of paragraph 24(6) of IFRS 6 Exploration for and Evaluation of Mineral Resources;

•

the requirements of IFRS 7 Financial Instruments: Disclosures;

•

the requirements of paragraphs 91 to 99 of IFRS 13 Fair Value Measurement;

•

the requirements of paragraph 52, the second sentence of paragraph 89, and paragraphs 90, 91 and 93 of IFRS 16 Leases;

the requirements of paragraph 58 of IFRS 16;

•

the requirements of the second sentence of paragraph 110 and paragraphs 113(a), 114, 115, 118, 119(a) to (c), 120 to 127 and 129 of IFRS 15 Revenue from Contracts with Customers;

•

the requirement in paragraph 38 of IAS 1 Presentation of Financial Statements to present comparative information in respect of:

-

paragraphs 53(a), (h) and (j) of IFRS 16;

-

paragraph 79(a)(iv) of IAS 1;

-

paragraph 73(e) of IAS 16 Property, Plant and Equipment;

-

paragraph 118(e) of IAS 38 Intangible Assets;

-

paragraphs 76 and 79(d) of IAS 40 Investment Property; and

-

paragraph 50 of IAS 41 Agriculture;

•

the requirements of paragraphs 10(d), 10(f), 16, 38A, 38B, 38C, 38D, 40A, 40B, 40C, 40D, 111 and 134 to 136 of IAS 1;

•

the requirements of

-

paragraphs 1 to 44E, 44H(b)(ii) and 45 to 63 of IAS 7 Statement of Cash Flows; and

-

paragraphs 44F, 44G, 44H(a), 44H(b)(i), 44H(b)(iii) and 44H(c) of IAS 7;

•

the requirements of paragraphs 30 and 31 of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors;

•

the requirements of paragraphs 88C and 88D of IAS 12 Income Taxes;

•

the requirements of paragraph 74(b) of IAS 16;

•

the requirements of paragraphs 17 and 18A of IAS 24 Related Party Disclosures;

•

the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into between two or more members of a group;

•

the requirements of paragraphs 134(d) to 134(f) and 135(c) to 135(e) of IAS 36 Impairments of Assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on cost

Taxation

Current taxes are based on the results shown in the financial statements and are calculated according to local tax rules, using tax rates enacted or substantially enacted by the balance sheet date.

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.

Employee benefit costs

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3.

TURNOVER

Turnover represents commission receivable.

4.	EMPLOYEES AND DIRECTORS

31.12.25

31.12.24

£

£

Wages and salaries

177,117

164,096

Social security costs

8,890

6,194

Other pension costs

1,090

1,079

187,097

171,369

The average number of employees during the year was as follows:

31.12.25

31.12.24

Office administration

7

8

31.12.25

31.12.24

£

£

Directors' remuneration

70,826

74,156

5.	PROFIT BEFORE TAXATION

The profit before taxation is stated after charging:

31.12.25

31.12.24

£

£

Depreciation - owned assets

998

1,053

Loss on disposal of fixed assets

-

400

6.

TAXATION

Analysis of tax expense

31.12.25

31.12.24

£

£

Current tax:

Taxation on current year

3,549

15,069

Total tax expense in income statement

3,549

15,069

7.

DIVIDENDS

31.12.25

31.12.24

£

£

Ordinary shares of 1 each

Interim

12,000

50,000

8.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

40,500

AMORTISATION

At 1 January 2025

and 31 December 2025

40,500

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

9.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 January 2025

20,991

Additions

1,230

At 31 December 2025

22,221

DEPRECIATION

At 1 January 2025

18,230

Charge for year

998

At 31 December 2025

19,228

NET BOOK VALUE

At 31 December 2025

2,993

At 31 December 2024

2,761

10.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

21,912

44,666

Other debtors

23,942

64,102

45,854

108,768

11.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

4,360

8,918

Underwriter account

139,993

131,341

Return premium outstanding

1,380

-

Tax

3,549

15,069

PAYE and other taxes

7,973

8,979

Income in advance

15,874

11,049

Other creditors

12,000

16,314

Accrued expenses

13,856

10,519

198,985

202,189

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

1,000

Ordinary

1

1,000

1,000

13.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 January 2025

106,881

150

107,031

Profit for the year

15,012

15,012

Dividends

(12,000

)

(12,000

)

At 31 December 2025

109,893

150

110,043