Cornish Property Rentals Ltd 05329025 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is property rental Digita Accounts Production Advanced 6.30.9574.0 true 05329025 2023-02-01 2024-01-31 05329025 2024-01-31 05329025 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 05329025 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 05329025 bus:Micro-entities 2023-02-01 2024-01-31 05329025 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 05329025 bus:FullAccounts 2023-02-01 2024-01-31 05329025 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05329025 bus:RegisteredOffice 2023-02-01 2024-01-31 05329025 bus:Director1 2023-02-01 2024-01-31 05329025 bus:Director2 2023-02-01 2024-01-31 05329025 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05329025 bus:Agent1 2023-02-01 2024-01-31 05329025 countries:England 2023-02-01 2024-01-31 05329025 2022-02-01 2023-01-31 05329025 2023-01-31 05329025 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 05329025 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 05329025

Cornish Property Rentals Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2024

 

Cornish Property Rentals Ltd

Contents

Company Information

1

Accountants' Report

2

Profit and Loss Account

3

Balance Sheet

4 to 5

Notes to the Unaudited Financial Statements

4

 

Cornish Property Rentals Ltd

Company Information

Directors

Mr SD Craze

Mr A D Craze

Registered office

Waterside Court
Falmouth Road
Penryn
Cornwall
TR10 8AW

Accountants

GW & Co. Limited
Chartered Certified Accountants
Waterside Court
Falmouth Road
Penryn
Cornwall
TR10 8AW

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Cornish Property Rentals Ltd
for the Year Ended 31 January 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cornish Property Rentals Ltd for the year ended 31 January 2024 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Cornish Property Rentals Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Cornish Property Rentals Ltd and state those matters that we have agreed to state to the Board of Directors of Cornish Property Rentals Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cornish Property Rentals Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Cornish Property Rentals Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Cornish Property Rentals Ltd. You consider that Cornish Property Rentals Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Cornish Property Rentals Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

GW & Co. Limited
Chartered Certified Accountants
Waterside Court
Falmouth Road
Penryn
Cornwall
TR10 8AW

14 August 2024

 

Cornish Property Rentals Ltd

Profit and Loss Account for the Year Ended 31 January 2024

2024
£

2023
£

Turnover

72,441

77,923

Other income

800

-

Depreciation and other amounts written off assets

(2,724)

(2,724)

Other charges

(76,298)

(84,198)

Loss for the year

(5,781)

(8,999)

 

Cornish Property Rentals Ltd

(Registration number: 05329025)
Balance Sheet as at 31 January 2024

2024
£

2023
£

Fixed assets

651,905

654,629

Current assets

5,680

695

Creditors: Amounts falling due within one year

(186,609)

(174,247)

Net current liabilities

(180,929)

(173,552)

Total assets less current liabilities

470,976

481,077

Creditors: Amounts falling due after more than one year

(405,459)

(409,778)

Accruals and deferred income

(2,838)

(2,838)

 

62,679

68,461

Capital and reserves

62,679

68,461

1

General information

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

The address of its registered office is:
Waterside Court
Falmouth Road
Penryn
Cornwall
TR10 8AW
England

These financial statements were authorised for issue by the Board on 12 August 2024.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 1).

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

 

Cornish Property Rentals Ltd

(Registration number: 05329025)
Balance Sheet as at 31 January 2024

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 directors acknowledge their 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 in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 12 August 2024 and signed on its behalf by:
 

.........................................
Mr SD Craze
Director

.........................................
Mr A D Craze
Director