Company Registration No. 09885593 (England and Wales)
Cortecs Cerebrol Limited
Unaudited accounts
for the year ended 30 November 2023
Cortecs Cerebrol Limited
Unaudited accounts
Contents
Cortecs Cerebrol Limited
Company Information
for the year ended 30 November 2023
Company Number
09885593 (England and Wales)
Registered Office
Garn Farm
Wenvoe
Cardiff
CF5 6BE
Cortecs Cerebrol Limited
Statement of financial position
as at 30 November 2023
Tangible assets
18,611
5,905
Cash at bank and in hand
17,345
12,417
Creditors: amounts falling due within one year
(9,321)
(18,719)
Net current assets
12,840
4,114
Called up share capital
2
2
Profit and loss account
31,449
10,017
Shareholders' funds
31,451
10,019
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 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 8 August 2024 and were signed on its behalf by
Helen Jones
Director
Company Registration No. 09885593
Cortecs Cerebrol Limited
Notes to the Accounts
for the year ended 30 November 2023
Cortecs Cerebrol Limited is a private company, limited by shares, registered in England and Wales, registration number 09885593. The registered office is Garn Farm, Wenvoe, Cardiff, CF5 6BE.
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:
Land & buildings
3% Straight Line Basis
Plant & machinery
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
5,202
-
2,633
7,835
Additions
3,783
10,620
1,924
16,327
At 30 November 2023
8,985
10,620
4,557
24,162
At 1 December 2022
156
-
1,774
1,930
Charge for the year
270
2,655
696
3,621
At 30 November 2023
426
2,655
2,470
5,551
At 30 November 2023
8,559
7,965
2,087
18,611
At 30 November 2022
5,046
-
859
5,905
Cortecs Cerebrol Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Accrued income and prepayments
333
460
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,951
6,311
Loans from directors
5,763
5,463
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
5,463
17,000
16,700
5,763
5,463
17,000
16,700
5,763
8
Average number of employees
During the year the average number of employees was 2 (2022: 1).