Company Registration No. 13534255 (England and Wales)
CORDIAL INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 July 2023
CORDIAL INVESTMENTS LIMITED
Unaudited accounts
Contents
CORDIAL INVESTMENTS LIMITED
Company Information
for the year ended 31 July 2023
Director
GABB, Jason Michael
Company Number
13534255 (England and Wales)
Registered Office
LONGFREY COTTAGE
DORKING ROAD
CHILWORTH
GUILDFORD
GU4 8RH
ENGLAND
Accountants
Surrey Hills Accountancy Limited
The Old Workshop
Longfrey Cottage
Dorking Road
Chilworth
GU4 8RH
CORDIAL INVESTMENTS LIMITED
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
55,433
4,465
Creditors: amounts falling due within one year
(4,062)
(5,000)
Net current assets/(liabilities)
1,073,861
(35)
Total assets less current liabilities
1,079,349
(35)
Creditors: amounts falling due after more than one year
(1,092,400)
-
Net liabilities
(13,051)
(35)
Called up share capital
2
-
Profit and loss account
(13,053)
(35)
Shareholders' funds
(13,051)
(35)
For the year ending 31 July 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 8 April 2024 and were signed on its behalf by
GABB, Jason Michael
Director
Company Registration No. 13534255
CORDIAL INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
CORDIAL INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13534255. The registered office is LONGFREY COTTAGE , DORKING ROAD , CHILWORTH, GUILDFORD, GU4 8RH, ENGLAND.
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:
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Accrued income and prepayments
-
500
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,022,490
-
CORDIAL INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,062
-
Loans from directors
-
5,000
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
1,092,400
-
8
Transactions with related parties
During the year the company received a loan from the directors of £1,056,600.20. A market value compound interest of 10% was charged over the period equal £ 35,799.74 (2022: £0).
During the year the company owned 100% of shares in CORDIAL INVESTMENTS SPV 1 LTD, 3-5, Longfrey Cottage Dorking Road, Chilworth, Guildford, England, GU4 8RH , Registration number 14220902
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).