CORGI Services Limited 03268198 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is to act as a brand and data licensing business Digita Accounts Production Advanced 6.30.9574.0 true 03268198 2022-04-01 2023-03-31 03268198 2023-03-31 03268198 core:CurrentFinancialInstruments 2023-03-31 03268198 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03268198 core:PatentsTrademarksLicencesConcessionsSimilar 2023-03-31 03268198 bus:SmallEntities 2022-04-01 2023-03-31 03268198 bus:Audited 2022-04-01 2023-03-31 03268198 bus:FullAccounts 2022-04-01 2023-03-31 03268198 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 03268198 bus:RegisteredOffice 2022-04-01 2023-03-31 03268198 bus:Director2 2022-04-01 2023-03-31 03268198 bus:Director8 2022-04-01 2023-03-31 03268198 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03268198 core:PatentsTrademarksLicencesConcessionsSimilar 2022-04-01 2023-03-31 03268198 countries:England 2022-04-01 2023-03-31 03268198 2021-04-01 2022-03-31 03268198 2022-03-31 03268198 core:CurrentFinancialInstruments 2022-03-31 03268198 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 03268198

CORGI Services Limited

Annual Report and Financial Statements

for the Year Ended 31 March 2023

 

CORGI Services Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2

 

CORGI Services Limited

(Registration number: 03268198)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

4

18

-

Current assets

 

Debtors

5

171,793

221,758

Cash at bank and in hand

 

617,213

628,372

 

789,006

850,130

Creditors: Amounts falling due within one year

6

(403,484)

(464,590)

Net current assets

 

385,522

385,540

Net assets

 

385,540

385,540

Capital and reserves

 

Called up share capital

2

2

Profit and loss account

385,538

385,538

Shareholders' funds

 

385,540

385,540

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 21 September 2023 and signed on its behalf by:
 

.........................................

R J Webb
Director

.........................................

P F Everall
Director

 

CORGI Services Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

1

General information

The address of its registered office is: Suite 2 Healey House, Dene Road, Andover, Hampshire, SP10 2AA.

The company is a private company limited by share capital, incorporated in England. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 22 September 2023 was Andy Hill, who signed for and on behalf of Xeinadin Audit Limited.

Income recognition

Income represents amounts chargeable, net of value added tax.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

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.

3

Staff numbers

The average number of persons employed by the company, including directors, during the year was 1 (2022 - 1).

 

CORGI Services Limited

Notes to the Financial Statements for the Year Ended 31 March 2023

4

Intangible assets

Trademarks, patents and licenses
 £

Total
£

Cost or valuation

Additions

18

18

Amortisation

Carrying amount

At 31 March 2023

18

18

5

Debtors

2023
£

2022
£

Trade debtors

1,490

76,836

Prepayments and accrued income

170,303

144,922

171,793

221,758

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Trade creditors

 

7,161

4,236

Amounts owed to group undertakings and undertakings in which the company has a participating interest

359,764

376,444

Taxation and social security

 

33,305

46,021

Accruals and deferred income

 

3,048

37,606

Other creditors

 

206

283

 

403,484

464,590

7

Parent and ultimate parent undertaking

The company's parent and ultimate holding company is The CO Research Trust. The CO Research Trust is incorporated in England and the address of its registered office is: Suite 2 Healey House, Dene Road, Andover, Hampshire, SP10 2AA.

Consolidated accounts can be obtained from the above address.