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REGISTERED NUMBER: 11905626 (England and Wales)















Abridged Unaudited Financial Statements for the Year Ended 31 March 2024

for

Corran Support Limited

Corran Support Limited (Registered number: 11905626)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


Corran Support Limited (Registered number: 11905626)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 126,113 128,046

CURRENT ASSETS
Debtors 449,612 383,691
Cash at bank 885,142 708,732
1,334,754 1,092,423
CREDITORS
Amounts falling due within one year 115,774 128,828
NET CURRENT ASSETS 1,218,980 963,595
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,345,093

1,091,641

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,344,993 1,091,541
1,345,093 1,091,641

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Corran Support Limited (Registered number: 11905626)

Abridged Balance Sheet - continued
31 March 2024


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 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 15 July 2024 and were signed on its behalf by:





Mrs C A Brockie - Director


Corran Support Limited (Registered number: 11905626)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Corran Support Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11905626

Registered office: The Office Smokey Farm
Smokey Lane
Cropthorne
Pershore
Worcestershire
WR10 3NF

The presentation currency of the financial statements is the Pound Sterling (£).


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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Corran Support Limited (Registered number: 11905626)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 62 (2023 - 33 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 185,598
Additions 66,061
Disposals (57,995 )
At 31 March 2024 193,664
DEPRECIATION
At 1 April 2023 57,552
Charge for year 35,372
Eliminated on disposal (25,373 )
At 31 March 2024 67,551
NET BOOK VALUE
At 31 March 2024 126,113
At 31 March 2023 128,046

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Loan advances in the year to a Partnership in which the directors are Partners totalled £204,283.23 (2023: £201,277.17)

Corran Support Limited (Registered number: 11905626)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. RELATED PARTY DISCLOSURES

During the year the company paid management charges totalling £60,000.00 (2023: £23,882.74) and received management charges of £27,442.94 (2023: £62,768.85) relating to the recharge of staff and agency costs to/from Corran Dean CIC, a company registered in England and Wales in which the director, Mrs C A Brockie has a controlling interest. At the balance sheet date debtors includes £30,580.44 (2023: £42,534.87) owed by Corran Dean CIC.