Company Registration No. 12464133 (England and Wales)
CORNERSTONE WORLDWIDE LIMITED
Unaudited accounts
for the year ended 29 February 2024
CORNERSTONE WORLDWIDE LIMITED
Unaudited accounts
Contents
CORNERSTONE WORLDWIDE LIMITED
Company Information
for the year ended 29 February 2024
Director
Wai Ling Jenny YOONG
Company Number
12464133 (England and Wales)
Registered Office
15 Cheadle Wood
Cheadle Hulme
Cheadle
Cheshire
SK8 6SS
Accountants
Lams Accountants
20 Burton Road
Didsbury
Manchester
Greater Manchester
M20 3ED
CORNERSTONE WORLDWIDE LIMITED
Statement of financial position
as at 29 February 2024
Investment property
795,084
795,084
Cash at bank and in hand
158,712
141,526
Creditors: amounts falling due within one year
(17,880)
(41,778)
Net current assets
146,832
104,848
Total assets less current liabilities
941,916
899,932
Creditors: amounts falling due after more than one year
(750,299)
(750,299)
Net assets
191,617
149,633
Called up share capital
1
1
Profit and loss account
191,616
149,632
Shareholders' funds
191,617
149,633
For the year ending 29 February 2024 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 her 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 18 April 2024 and were signed on its behalf by
Wai Ling Jenny YOONG
Director
Company Registration No. 12464133
CORNERSTONE WORLDWIDE LIMITED
Notes to the Accounts
for the year ended 29 February 2024
CORNERSTONE WORLDWIDE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12464133. The registered office is 15 Cheadle Wood, Cheadle Hulme, Cheadle, Cheshire, SK8 6SS.
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.
Investment property is included at market fair value.
Fair value at 1 March 2023
795,084
At 29 February 2024
795,084
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
10,366
34,395
Proposed dividends
1,000
2,000
Other creditors
6,000
5,100
Loans from directors
445
216
CORNERSTONE WORLDWIDE LIMITED
Notes to the Accounts
for the year ended 29 February 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
750,299
750,299
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).