Company Registration No. 12602120 (England and Wales)
Coopah Limited
Unaudited accounts
for the year ended 31 May 2026
Coopah Limited
Unaudited accounts
Contents
Coopah Limited
Company Information
for the year ended 31 May 2026
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
Level 5a
Maple House
149 Tottenham Court Road
London
W1T 7NF
Coopah Limited
Statement of financial position
as at 31 May 2026
Tangible assets
2,551
4,932
Cash at bank and in hand
393,510
618,492
Creditors: amounts falling due within one year
(290,455)
(238,046)
Net current assets
332,186
663,383
Net assets
334,737
668,315
Called up share capital
355
327
Share premium
3,035,925
2,474,008
Capital contribution reserve
261,597
144,076
Profit and loss account
(2,963,140)
(1,950,096)
Shareholders' funds
334,737
668,315
For the year ending 31 May 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 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 27 October 2026 and were signed on its behalf by
Daniel Strang
Director
Company Registration No. 12602120
Coopah Limited
Notes to the Accounts
for the year ended 31 May 2026
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.
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.
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.
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
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.
Expenditure on research and development is written off in the year in which it is incurred.
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.
Coopah Limited
Notes to the Accounts
for the year ended 31 May 2026
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.
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.
The company operates an Enterprise Management Incentive (EMI) share option scheme and an unapproved share option scheme. Share options have been granted to certain employees, contractors and advisers under these arrangements.
The share options are subject to individual vesting conditions, which generally include continued service over specified periods and, in certain cases, the achievement of specified performance or other conditions. The options are exercisable at prices specified in the respective option agreements.
As at 31 May 2026, the company had 27,616 (2025: 16,401) share options outstanding. The weighted average exercise price of the options outstanding at the year end was £4.65 (2025: £1.72).
The share-based payment charge recognised in profit or loss for the year was £117,521 (2025: £64,055).
During the year, share option arrangements were reviewed and it was identified that the share-based payment charge relating to options granted in the prior period had not been recognised. The comparative figures have therefore been restated to recognise the share-based payment charge.
The effect of the restatement on the comparative figures is as follows:
Capital contribution reserve increased from £nil to £144,076.
Retained loss brought forward increased from £1,806,020 to £1,950,096.
Loss for the prior year increased from £1,097,204 to £1,161,259.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2025
518
7,866
8,384
At 31 May 2026
717
7,866
8,583
At 1 June 2025
248
3,204
3,452
Charge for the year
195
2,385
2,580
At 31 May 2026
443
5,589
6,032
At 31 May 2026
274
2,277
2,551
At 31 May 2025
270
4,662
4,932
Coopah Limited
Notes to the Accounts
for the year ended 31 May 2026
Amounts falling due within one year
Trade debtors
154,924
122,543
Accrued income and prepayments
35,108
19,742
Other debtors
37,989
98,637
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Creditors: amounts falling due within one year
2026
2025
Trade creditors
27,068
17,020
Taxes and social security
18,826
29,676
Other creditors
9,069
9,882
Loans from directors
30
10
Deferred income
224,077
173,631
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors' loan account
10
20
-
30
Directors' loans are interest-free and repayable on demand.
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Average number of employees
During the year the average number of employees was 16 (2025: 17).