IRIS Accounts Production v23.2.0.158 06773392 Board of Directors 1.1.22 31.12.22 31.12.22 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067733922021-12-31067733922022-12-31067733922022-01-012022-12-31067733922020-12-31067733922021-01-012021-12-31067733922021-12-3106773392ns10:Originalns15:EnglandWales2022-01-012022-12-3106773392ns14:PoundSterlingns10:Original2022-01-012022-12-3106773392ns10:Originalns10:Director12022-01-012022-12-3106773392ns10:Original2022-01-012022-12-3106773392ns10:Original2022-12-3106773392ns10:Originalns10:PrivateLimitedCompanyLtd2022-01-012022-12-3106773392ns10:Originalns10:SmallEntities2022-01-012022-12-3106773392ns10:Originalns10:AuditExempt-NoAccountantsReport2022-01-012022-12-3106773392ns10:SmallCompaniesRegimeForAccountsns10:Original2022-01-012022-12-3106773392ns10:Originalns10:FullAccounts2022-01-012022-12-3106773392ns10:Original2021-01-012021-12-3106773392ns10:Originalns10:Director22022-01-012022-12-3106773392ns10:Originalns10:RegisteredOffice2022-01-012022-12-3106773392ns10:Original2021-12-3106773392ns10:Originalns5:CurrentFinancialInstruments2022-12-3106773392ns10:Originalns5:CurrentFinancialInstruments2021-12-3106773392ns5:ShareCapitalns10:Original2022-12-3106773392ns5:ShareCapitalns10:Original2021-12-3106773392ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3106773392ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-3106773392ns10:Originalns5:PlantMachinery2021-12-3106773392ns10:Originalns5:PlantMachinery2022-12-3106773392ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3106773392ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-3106773392ns10:Original1ns10:Director12021-12-3106773392ns10:Original1ns10:Director12020-12-3106773392ns10:Original1ns10:Director12022-01-012022-12-3106773392ns10:Original1ns10:Director12021-01-012021-12-3106773392ns10:Original1ns10:Director12022-12-3106773392ns10:Original1ns10:Director12021-12-31
REGISTERED NUMBER: 06773392 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

CORNHILL & HARVEST LIMITED

CORNHILL & HARVEST LIMITED (REGISTERED NUMBER: 06773392)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CORNHILL & HARVEST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: J G Benson
C Cornini





REGISTERED OFFICE: 38 Craven Street
London
WC2N 5NG





REGISTERED NUMBER: 06773392 (England and Wales)





ACCOUNTANTS: B&P Tax Legal Finance LLP
38 Craven Street
London
WC2N 5NG

CORNHILL & HARVEST LIMITED (REGISTERED NUMBER: 06773392)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 5 91,731 93,919
Investments 6 12,316 47,483
Cash at bank 132,123 5,109
236,170 146,511
CREDITORS
Amounts falling due within one year 7 78,599 44,852
NET CURRENT ASSETS 157,571 101,659
TOTAL ASSETS LESS CURRENT
LIABILITIES

157,571

101,659

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 155,571 99,659
SHAREHOLDERS' FUNDS 157,571 101,659

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 29 September 2023 and were signed on its behalf by:





C Cornini - Director


CORNHILL & HARVEST LIMITED (REGISTERED NUMBER: 06773392)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

Cornhill & Harvest 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.

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

Revenues from rendering services are recognized when services are transferred and by reference to the stage of completion of the transaction at the end of the reporting period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
Office Equipment 33% on cost.

Financial instruments
Financial assets

The company's financial assets comprise basic financial instruments, being trade and other receivables, amounts owed by group undertakings, and cash and bank balances.
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of no more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months or less from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade, other receivable and amounts owed by group undertakings are measured at transaction price less any impairment. Any impairment loss is recognised in the Profit and Loss.

Financial assets are derecognised when contractual rights to the cash flows from the financial asset expires or are settled, or when substantially all the risks and rewards of ownership have been transferred.

Financial liabilities

The company's financial liabilities comprise of basic financial liabilities, including trade and other payables, corporation tax. These are initially recognised at transaction price.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.


CORNHILL & HARVEST LIMITED (REGISTERED NUMBER: 06773392)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022
and 31 December 2022 7,198
DEPRECIATION
At 1 January 2022
and 31 December 2022 7,198
NET BOOK VALUE
At 31 December 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 72,296 35,555
Other debtors 19,435 58,364
91,731 93,919

6. CURRENT ASSET INVESTMENTS
2022 2021
£    £   
Listed investments 4,513 17,544
Restricted investments 7,803 29,939
12,316 47,483

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts - 110
Trade creditors 5,390 6,065
Taxation and social security 52,063 32,639
Other creditors 21,146 6,038
78,599 44,852

CORNHILL & HARVEST LIMITED (REGISTERED NUMBER: 06773392)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2022 and 31 December 2021:

2022 2021
£    £   
C Cornini
Balance outstanding at start of year 38,816 -
Amounts advanced - 38,816
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 38,816

9. RELATED PARTY DISCLOSURES

At the end the reporting period the company was owed £ NIL (2021: £38,816) by the director.