Cornwall Renewable Developments Limited 07828855 false 2022-11-01 2023-10-31 2023-10-31 The principal activity of the company is the production of electricity Digita Accounts Production Advanced 6.30.9574.0 true true 07828855 2022-11-01 2023-10-31 07828855 2023-10-31 07828855 bus:OrdinaryShareClass1 2023-10-31 07828855 core:RetainedEarningsAccumulatedLosses 2023-10-31 07828855 core:ShareCapital 2023-10-31 07828855 core:CurrentFinancialInstruments 2023-10-31 07828855 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 07828855 bus:SmallEntities 2022-11-01 2023-10-31 07828855 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 07828855 bus:FullAccounts 2022-11-01 2023-10-31 07828855 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 07828855 bus:RegisteredOffice 2022-11-01 2023-10-31 07828855 bus:Director1 2022-11-01 2023-10-31 07828855 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 07828855 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 07828855 countries:AllCountries 2022-11-01 2023-10-31 07828855 2021-11-01 2022-10-31 07828855 2022-10-31 07828855 bus:OrdinaryShareClass1 2022-10-31 07828855 core:RetainedEarningsAccumulatedLosses 2022-10-31 07828855 core:ShareCapital 2022-10-31 07828855 core:CurrentFinancialInstruments 2022-10-31 07828855 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 iso4217:GBP xbrli:pure xbrli:shares

Cornwall Renewable Developments Limited

Annual Report and Unaudited Financial Statements
Year Ended 31 October 2023

Registration number: 07828855

 

Cornwall Renewable Developments Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

Cornwall Renewable Developments Limited

Company Information

Director

T R Dart

Registered office

Underhill Farm
Boyton
Launceston
Cornwall
PL15 8NR

Accountants

Francis Clark LLP
Lowin House
Tregolls Road
Truro
Cornwall
TR1 2NA

 

Cornwall Renewable Developments Limited

Balance Sheet

31 October 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

-

600

Cash at bank and in hand

 

1,442

752

 

1,442

1,352

Creditors: Amounts falling due within one year

5

(175,418)

(87,418)

Net liabilities

 

(173,976)

(86,066)

Capital and reserves

 

Called up share capital

6

100

100

Profit and loss account

(174,076)

(86,166)

Shareholders' deficit

 

(173,976)

(86,066)

 

Cornwall Renewable Developments Limited

Balance Sheet

31 October 2023

For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 31 July 2024
 

.........................................
T R Dart
Director

Company Registration Number: 07828855

 

Cornwall Renewable Developments Limited

Notes to the Unaudited Financial Statements

Year Ended 31 October 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Underhill Farm
Boyton
Launceston
Cornwall
PL15 8NR

These financial statements were authorised for issue by the director on 31 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis on the basis that the Director of the company has confirmed that the company has sufficient working capital with their support to continue to trade for the foreseeable future.

 

Cornwall Renewable Developments Limited

Notes to the Unaudited Financial Statements

Year Ended 31 October 2023

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.


 

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

4

Debtors

2023
£

2022
£

Prepayments

-

600

-

600

 

Cornwall Renewable Developments Limited

Notes to the Unaudited Financial Statements

Year Ended 31 October 2023

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Amounts owed to group undertakings

130,433

52,433

Other creditors

44,325

34,325

Accruals and deferred income

660

660

175,418

87,418

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100