Coopers Court Freehold (Acton) Limited Filleted accounts for Companies House (small and micro)

COOPERS COURT FREEHOLD (ACTON) LIMITED - Company Information

0 false false false false false false false false false true false false false false false false No description of principal activity 2022-01-01 Sage Accounts Production Advanced 2021 - FRS102_2021 256,000 256,000 256,000 xbrli:pure xbrli:shares iso4217:GBP 05254375 2022-01-01 2022-12-31 05254375 2022-12-31 05254375 2021-12-31 05254375 bus:Director1 2022-01-01 2022-12-31 05254375 core:WithinOneYear 2022-12-31 05254375 core:WithinOneYear 2021-12-31 05254375 core:ShareCapital 2022-12-31 05254375 core:ShareCapital 2021-12-31 05254375 core:SharePremium 2022-12-31 05254375 core:SharePremium 2021-12-31 05254375 core:RetainedEarningsAccumulatedLosses 2022-12-31 05254375 core:RetainedEarningsAccumulatedLosses 2021-12-31 05254375 core:LandBuildings 2022-12-31 05254375 core:LandBuildings 2021-12-31 05254375 bus:SmallEntities 2022-01-01 2022-12-31 05254375 bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 05254375 bus:FullAccounts 2022-01-01 2022-12-31 05254375 bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 05254375 bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31

COMPANY REGISTRATION NUMBER: 05254375

Coopers Court Freehold (Acton) Limited

Filleted Unaudited Financial Statements

31 December 2022

Coopers Court Freehold (Acton) Limited

Statement of Financial Position

31 December 2022

	2022		2021
Note	£	£	£

Fixed assets

Tangible assets	4		256,000	256,000

Current assets

Debtors	5	1,228	3,231
Cash at bank and in hand		37,467	33,966
		--------	--------
		38,695	37,197

Creditors: amounts falling due within one year	6	21,767		21,921
		--------		--------
Net current assets			16,928	15,276
			---------	---------
Total assets less current liabilities			272,928	271,276

Provisions

Taxation including deferred tax	9,188	9,188
	---------	---------
Net assets	263,740	262,088
	---------	---------

Capital and reserves

Called up share capital	45	45
Share premium account	118,761	118,761
Profit and loss account	144,934	143,282
	---------	---------
Shareholders funds	263,740	262,088
	---------	---------

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the financial year ended 31 December 2022, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies and the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of the accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Coopers Court Freehold (Acton) Limited

Statement of Financial Position (continued)

31 December 2022

These financial statements were approved by the board of directors and authorised for issue on 26 September 2023 , and are signed on behalf of the board by:

RJ Webb

Director

Company registration number: 05254375

Coopers Court Freehold (Acton) Limited

Notes to the Financial Statements

Year ended 31 December 2022

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 349 Royal College Street, London, NW1 9QS, England.

2. Statement of compliance

These financial statements have been prepared in accordance with FRS102 taking advantage of the disclosure exemptions of FRS102.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Revenue recognition Turnover is measured at the fair value of the consideration received in respect of ground rent received. Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are 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 is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Investment property Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Tangible assets

	Land and buildings
	£
Cost
At 1 January 2022 and 31 December 2022	256,000
	---------
Depreciation
At 1 January 2022 and 31 December 2022	–
	---------
Carrying amount
At 31 December 2022	256,000
	---------
At 31 December 2021	256,000
	---------

The investment property is held for use in operating leases and has been included at the director's valuation at the year end using the latest data available for similar properties in the area.

5. Debtors

	2022	2021
	£	£
Trade debtors	1,228	3,231
	-------	-------

6. Creditors: amounts falling due within one year

	2022	2021
	£	£
Trade creditors	21,013	21,013
Corporation tax	388	392
Other creditors	366	516
	--------	--------
	21,767	21,921
	--------	--------

7. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2021: Nil)