1 false false false false false false false false false false true false false false false false false No description of principal activity 2022-12-29 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 06020136 2022-12-29 2023-12-28 06020136 2023-12-28 06020136 2022-12-28 06020136 2021-12-29 2022-12-28 06020136 2022-12-28 06020136 2021-12-28 06020136 core:WithinOneYear 2023-12-28 06020136 core:WithinOneYear 2022-12-28 06020136 core:ShareCapital 2023-12-28 06020136 core:ShareCapital 2022-12-28 06020136 core:RetainedEarningsAccumulatedLosses 2023-12-28 06020136 core:RetainedEarningsAccumulatedLosses 2022-12-28 06020136 bus:Director1 2022-12-29 2023-12-28 06020136 bus:SmallEntities 2022-12-29 2023-12-28 06020136 bus:AuditExemptWithAccountantsReport 2022-12-29 2023-12-28 06020136 bus:SmallCompaniesRegimeForAccounts 2022-12-29 2023-12-28 06020136 bus:PrivateLimitedCompanyLtd 2022-12-29 2023-12-28 06020136 bus:FullAccounts 2022-12-29 2023-12-28
COMPANY REGISTRATION NUMBER: 06020136
MIKE CORBY PROPERTIES LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
28 December 2023
MIKE CORBY PROPERTIES LTD
STATEMENT OF FINANCIAL POSITION
28 December 2023
2023
2022
Note
£
£
£
Current assets
Debtors
5
3,083,783
3,045,213
Cash at bank and in hand
4,733
1,474
-------------
-------------
3,088,516
3,046,687
Creditors: amounts falling due within one year
6
1,488,899
1,468,875
-------------
-------------
Net current assets
1,599,617
1,577,812
-------------
-------------
Total assets less current liabilities
1,599,617
1,577,812
Accruals and deferred income
3,464
1,464
-------------
-------------
Net assets
1,596,153
1,576,348
-------------
-------------
Capital and reserves
Called up share capital
1
1
Profit and loss account
1,596,152
1,576,347
-------------
-------------
Shareholders funds
1,596,153
1,576,348
-------------
-------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 28 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
MIKE CORBY PROPERTIES LTD
STATEMENT OF FINANCIAL POSITION (continued)
28 December 2023
These financial statements were approved by the board of directors and authorised for issue on 6 August 2024 , and are signed on behalf of the board by:
M W Corby
Director
Company registration number: 06020136
MIKE CORBY PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 28 DECEMBER 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1QR.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
4. Particulars of employees
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Debtors
2023
2022
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
102,591
70,899
Other debtors
2,981,192
2,974,314
-------------
-------------
3,083,783
3,045,213
-------------
-------------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
5,502
10,671
Social security and other taxes
2,149
1,853
Other creditors
1,481,248
1,456,351
-------------
-------------
1,488,899
1,468,875
-------------
-------------
7. Directors' advances, credits and guarantees
The company owed to Mr M Corby at 28 December 2023 amount of £1,455,378 (2022 - £1,440,420). Mr M Corby is a director and shareholder.
8. Related party transactions
The company owed by Mike Corby Managment Ltd at 28 December 2023 amount of £2,935,591 (2022 - £2,903,898). Mr M Corby is a director and shareholder in both companies.