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REGISTERED NUMBER: SC648510 (Scotland)










Unaudited Financial Statements

for the Period 1 December 2020 to 31 March 2022

for

Corvus90 Limited

Corvus90 Limited (Registered number: SC648510)






Contents of the Financial Statements
for the Period 1 December 2020 to 31 March 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

Corvus90 Limited

Company Information
for the Period 1 December 2020 to 31 March 2022







DIRECTOR: Dr R S Rutnagur





REGISTERED OFFICE: 3 Dam Park
Dunlop
Kilmarnock
KA3 4BZ





REGISTERED NUMBER: SC648510 (Scotland)





ACCOUNTANTS: T B Dunn & Co
308 Albert Drive
Pollokshields
GLASGOW
G41 5RS

Corvus90 Limited (Registered number: SC648510)

Abridged Balance Sheet
31 March 2022

2022 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,864 1,493

CURRENT ASSETS
Debtors 729 -
Cash at bank 5,243 4,563
5,972 4,563
CREDITORS
Amounts falling due within one year 30,879 3,546
NET CURRENT (LIABILITIES)/ASSETS (24,907 ) 1,017
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,957

2,510

CREDITORS
Amounts falling due after more than one
year

-

(94

)

PROVISIONS FOR LIABILITIES (5,568 ) -
NET ASSETS 21,389 2,416

CAPITAL AND RESERVES
Called up share capital 5 10 10
Retained earnings 21,379 2,406
SHAREHOLDERS' FUNDS 21,389 2,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Corvus90 Limited (Registered number: SC648510)

Abridged Balance Sheet - continued
31 March 2022


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 March 2022 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 director and authorised for issue on 23 August 2022 and were signed by:





Dr R S Rutnagur - Director


Corvus90 Limited (Registered number: SC648510)

Notes to the Financial Statements
for the Period 1 December 2020 to 31 March 2022

1. STATUTORY INFORMATION

Corvus90 Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 15% on cost
Computer equipment - 33.33% on cost

Taxation
Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2020 - 1 ) .

Corvus90 Limited (Registered number: SC648510)

Notes to the Financial Statements - continued
for the Period 1 December 2020 to 31 March 2022

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2020 2,178
Additions 51,999
At 31 March 2022 54,177
DEPRECIATION
At 1 December 2020 685
Charge for period 1,628
At 31 March 2022 2,313
NET BOOK VALUE
At 31 March 2022 51,864
At 30 November 2020 1,493

5. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2020
value: £    £   
10 Ordinary share capital £1 10 10

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Corvus90 Limited

The following reproduces the text of the report prepared for the director 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 Abridged Income Statement and certain other primary statements and the Report of the Director 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 Corvus90 Limited for the period ended 31 March 2022 which comprise the Abridged Income Statement, Abridged Balance Sheet, Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Corvus90 Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Corvus90 Limited and state those matters that we have agreed to state to the director of Corvus90 Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Corvus90 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 Corvus90 Limited. You consider that Corvus90 Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Corvus90 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.






T B Dunn & Co
308 Albert Drive
Pollokshields
GLASGOW
G41 5RS


23 August 2022