D Cooper Properties Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09500182 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

D Cooper Properties Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

D C Cooper

Mrs J Cooper

REGISTERED OFFICE:

Northside House

Northside Business Park

Hawkins Lane

Burton upon Trent

Staffordshire

DE14 1DB

REGISTERED NUMBER:

09500182 (England and Wales)

ACCOUNTANTS:

HSKS Greenhalgh

Chartered Accountants

18 St Christopher's Way

Pride Park

Derby

DE24 8JY

FIXED ASSETS

Investment property

4

298,000

285,000

CURRENT ASSETS

Debtors

79

82

Cash at bank

13,260

13,133

13,339

13,215

CREDITORS

Amounts falling due within one year

259,106

270,983

NET CURRENT LIABILITIES

(245,767

)

(257,768

)

TOTAL ASSETS LESS CURRENT LIABILITIES

52,233

27,232

PROVISIONS FOR LIABILITIES

788

2,016

NET ASSETS

51,445

25,216

CAPITAL AND RESERVES

Called up share capital

5

100

100

Other reserves

6

22,822

8,594

Retained earnings

6

28,523

16,522

SHAREHOLDERS' FUNDS

51,445

25,216

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 27 November 2018 and were signed on its behalf by:

D C Cooper - Director

1.	STATUTORY INFORMATION

D Cooper Properties 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 preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 directors consider it appropriate to prepare the financial statements on a going concern basis,

even though the balance sheet details net current liabilities of £245,767 (2017: £257,768), as the

company has the continued support of its directors and creditors. The directors also believe the

company has adequate cash resources to finance its trading and other obligations during the course of

the twelve months from the balance sheet sign off date.

Turnover

Turnover represents rents receivable.

Investment property

Investment properties are initially recorded at cost including incidental costs in bringing the property

into ownership. Investment properties are reviewed each year by the directors and stated at fair value.

Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

No provision is made for depreciation of investment properties. This departure from the requirements

of the Companies Act 2006 which require all properties to be depreciated is, in the opinion of the

directors, necessary for the financial statements to show a true and fair view in accordance with

applicable accounting standards.

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 2 (2017 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2017

285,000

Revaluations

13,000

At 31 March 2018

298,000

NET BOOK VALUE

At 31 March 2018

298,000

At 31 March 2017

285,000

Fair value at 31 March 2018 is represented by:

£

Valuation in 2017

10,609

Valuation in 2018

13,000

Cost

274,391

298,000

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

cost:

2018

2017

£

£

Cost

274,391

274,391

Investment property was valued on an open market basis on 31 March 2018 by the directors .

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

6.

RESERVES

Retained

Other

earnings

reserves

Totals

£

£

£

At 1 April 2017

16,522

8,594

25,116

Profit for the year

26,229

26,229

Fair value gains net of

deferred tax

(14,228

)

14,228

-

At 31 March 2018

28,523

22,822

51,345

7.	RELATED PARTY DISCLOSURES

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of D Cooper Properties Limited for the year ended 31 March 2018 which comprise

the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of D Cooper Properties Limited, as a body, in accordance with the terms of our engagement letter dated 30 May 2017. Our work has been undertaken solely to prepare for your approval the financial statements of D Cooper Properties Limited and state those matters that we have agreed to state to the Board of Directors of D Cooper Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D Cooper Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that D Cooper Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of D Cooper Properties Limited. You consider that D Cooper Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of D Cooper Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HSKS Greenhalgh

Chartered Accountants

18 St Christopher's Way

Pride Park

Derby

DE24 8JY

30 November 2018