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REGISTERED NUMBER: 07299725 (England and Wales)















CORKSCREW LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CORKSCREW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr N Finnie





REGISTERED OFFICE: The Generator
The Gallery
Kings Wharf
Exeter
Devon
EX2 4AN





REGISTERED NUMBER: 07299725 (England and Wales)





ACCOUNTANTS: My Business Centre Limited
Jacob's Pool House
11 West Street
Okehampton
Devon
EX20 1HQ

CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 559 390

CURRENT ASSETS
Debtors 6,004 14,834
Cash at bank 128,841 173,779
134,845 188,613
CREDITORS
Amounts falling due within one year 53,464 118,355
NET CURRENT ASSETS 81,381 70,258
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,940

70,648

CREDITORS
Amounts falling due after more than one
year

(34,664

)

(39,216

)

PROVISIONS FOR LIABILITIES (106 ) (74 )
NET ASSETS 47,170 31,358

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 47,070 31,258
SHAREHOLDERS' FUNDS 47,170 31,358

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2024 and were signed by:





Mr N Finnie - Director


CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Corkscrew 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Computer equipment - 25% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Grants received
Grants are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 21,023
Additions 399
Disposals (17,563 )
At 31 December 2023 3,859
DEPRECIATION
At 1 January 2023 20,633
Charge for year 230
Eliminated on disposal (17,563 )
At 31 December 2023 3,300
NET BOOK VALUE
At 31 December 2023 559
At 31 December 2022 390