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REGISTERED NUMBER: 11737085 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2022

for

Corbbs Limited

| Corbbs Limited (Registered number: 11737085) |

Contents of the Financial Statements

for the Year Ended 31st December 2022

Page |

| Company information | 1 |

| Abridged statement of financial position | 2 |

| Notes to the financial statements | 4 |

| Corbbs Limited |

Company Information

for the Year Ended 31st December 2022

| Director: | J V Corbett

| Registered office: | Abacus House

| 14-18 Forest Road

| Loughton

| Essex

| IG10 1DX

| Registered number: | 11737085 (England and Wales)

| Accountants: | Cooper Paul

| Abacus House

| 14-18 Forest Road

| Loughton

| Essex

| IG10 1DX

| Corbbs Limited (Registered number: 11737085) |

Abridged Statement of Financial Position

31st December 2022

| 2022 |  | 2021

| Notes | £ | £ |

Fixed assets

Investment property | 4 | 150,000 |  | 145,000 |  |

Current assets

Cash at bank | 1,573 |  | 1,609 |  |

Creditors

Amounts falling due within one year | (46,912 | ) | (45,486 | ) |

Net current liabilities | (45,339 | ) | (43,877 | ) |

Total assets less current liabilities | 104,661 |  | 101,123 |  |

Creditors

Amounts falling due after more than one year | 5 | (102,245 | ) | (102,245 | ) |

Net assets/(liabilities) | 2,416 |  | (1,122 | ) |

Capital and reserves

Called up share capital | 1 |  | 1 |  |

Fair value reserve | 6 | 11,775 |  | 6,775 |  |

Retained earnings | (9,360 | ) | (7,898 | ) |

Shareholders' funds | 2,416 |  | (1,122 | ) |

| Corbbs Limited (Registered number: 11737085) |

Abridged Statement of Financial Position - continued

31st December 2022

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

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 Statement of financial position for the year ended 31st December 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 4th October 2023 and were signed by:

J V Corbett - Director

| Corbbs Limited (Registered number: 11737085) |

Notes to the Financial Statements

for the Year Ended 31st December 2022

1. | Statutory information

| Corbbs 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 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 as modified by the revaluation of certain assets.

| Turnover

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

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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 statement of financial position date.

3. | Employees and directors

| The average number of employees during the year was 1 (2021 - 1 ) .

4. | Investment property

| Total

£ |

| Fair value

| At 1st January 2022 | 145,000 |  |

| Revaluations | 5,000 |  |

| At 31st December 2022 | 150,000 |  |

| Net book value

| At 31st December 2022 | 150,000 |  |

| At 31st December 2021 | 145,000 |  |

| Corbbs Limited (Registered number: 11737085) |

Notes to the Financial Statements - continued

for the Year Ended 31st December 2022

4. | Investment property - continued

| Fair value at 31st December 2022 is represented by:

£ |

| Valuation in 2019 | 138,225 |  |

| Valuation in 2020 | 1,775 |  |

| Valuation in 2021 | 5,000 |  |

| Valuation in 2022 | 5,000 |  |

150,000 |  |

5. | Creditors: amounts falling due after more than five years |

2022 | 2021 |

£ | £ |

| Repayable otherwise than by instalments

| Bank loans more 5 yrs non-inst | 102,245 |  | 102,245 |  |

6. | Reserves

| Fair

| value

| reserve

£ |

| At 1st January 2022 | 6,775 |  |

| Fair value reserve | 5,000 |  |

| At 31st December 2022 | 11,775 |  |

7. | Going concern

| The accounts have been prepared on a going concern basis despite the deficiency disclosed in the balance sheet, and in anticipation of the continued financial support of the company's creditors.