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Company Registration No. 8293285 (England and Wales)
CORNWALL MORTGAGES LIMITED Unaudited accounts for the year ended 30 November 2023
CORNWALL MORTGAGES LIMITED Unaudited accounts Contents
Page
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CORNWALL MORTGAGES LIMITED Company Information for the year ended 30 November 2023
Director
THOMAS CRAPP
Company Number
8293285 (England and Wales)
Registered Office
18 DUKE STREET ST AUSTELL PL25 5PH
Accountants
SG ACCOUNTANCY 102 TREVERBYN ROAD CARCLAZE IND ESTATE ST AUSTELL CORNWALL PL25 4EW
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CORNWALL MORTGAGES LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,052 
5,255 
Investments
1 
1 
5,053 
5,256 
Current assets
Debtors
269,338 
266,386 
Cash at bank and in hand
49,500 
109,312 
318,838 
375,698 
Creditors: amounts falling due within one year
(45,034)
(73,879)
Net current assets
273,804 
301,819 
Total assets less current liabilities
278,857 
307,075 
Creditors: amounts falling due after more than one year
(21,959)
(30,364)
Net assets
256,898 
276,711 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
256,897 
276,710 
Shareholders' funds
256,898 
276,711 
For the year ending 30 November 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 6 March 2024 and were signed on its behalf by
THOMAS CRAPP Director Company Registration No. 8293285
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CORNWALL MORTGAGES LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
CORNWALL MORTGAGES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8293285. The registered office is 18 DUKE STREET, ST AUSTELL, PL25 5PH.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance method
Computer equipment
33% reducing balance method
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
4,891 
11,550 
16,441 
Additions
- 
1,600 
1,600 
At 30 November 2023
4,891 
13,150 
18,041 
Depreciation
At 1 December 2022
2,514 
8,672 
11,186 
Charge for the year
357 
1,446 
1,803 
At 30 November 2023
2,871 
10,118 
12,989 
Net book value
At 30 November 2023
2,020 
3,032 
5,052 
At 30 November 2022
2,377 
2,878 
5,255 
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CORNWALL MORTGAGES LIMITED Notes to the Accounts for the year ended 30 November 2023
5
Investments
Other investments 
£ 
Valuation at 1 December 2022
1 
Valuation at 30 November 2023
1 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,000 
- 
Accrued income and prepayments
1,037 
235 
Other debtors
248,301 
266,151 
269,338 
266,386 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
3,844 
17,103 
Loans from directors
39,757 
55,261 
Accruals
1,433 
1,515 
45,034 
73,879 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,959 
30,364 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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