Company Registration No. 06796205 (England and Wales)
City Corporate Ltd
Unaudited accounts
for the year ended 31 March 2023
City Corporate Ltd
Unaudited accounts
Contents
City Corporate Ltd
Company Information
for the year ended 31 March 2023
Company Number
06796205 (England and Wales)
Registered Office
20 Tallon Road
Hutton Industrial Estate
Brentwood
Essex
CM13 1TJ
United Kingdom
Accountants
Wednesday Professional Services Ltd
50 Princes Street
Ipswich
Suffolk
IP1 1RJ
City Corporate Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
1,017,304
601,919
Cash at bank and in hand
282,338
646,981
Creditors: amounts falling due within one year
(9,841)
(11,178)
Net current assets
272,497
636,858
Net assets
1,289,801
1,238,777
Called up share capital
1
1
Revaluation reserve
414,296
414,296
Profit and loss account
875,504
824,480
Shareholders' funds
1,289,801
1,238,777
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 November 2023 and were signed on its behalf by
C Berry
Director
Company Registration No. 06796205
City Corporate Ltd
Notes to the Accounts
for the year ended 31 March 2023
City Corporate Ltd is a private company, limited by shares, registered in England and Wales, registration number 06796205. The registered office is 20 Tallon Road, Hutton Industrial Estate , Brentwood, Essex, CM13 1TJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Plant & machinery
20% on WDV
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2022
601,796
1,904
603,700
Additions
415,416
-
415,416
At 31 March 2023
1,017,212
1,904
1,019,116
At 1 April 2022
-
1,781
1,781
Charge for the year
-
31
31
At 31 March 2023
-
1,812
1,812
At 31 March 2023
1,017,212
92
1,017,304
At 31 March 2022
601,796
123
601,919
Amounts falling due within one year
City Corporate Ltd
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
9,296
10,633
Loans from directors
50
50
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).