Acorah Software Products - Accounts Production 15.0.600 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 12953210 Ms Lisa Pagin Ms Willow Pagin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12953210 2022-11-30 12953210 2023-11-30 12953210 2022-12-01 2023-11-30 12953210 frs-core:CurrentFinancialInstruments 2023-11-30 12953210 frs-core:Non-currentFinancialInstruments 2023-11-30 12953210 frs-core:ShareCapital 2023-11-30 12953210 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 12953210 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12953210 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 12953210 frs-bus:SmallEntities 2022-12-01 2023-11-30 12953210 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12953210 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 12953210 frs-core:CostValuation 2022-11-30 12953210 frs-core:CostValuation 2023-11-30 12953210 frs-core:ProvisionsForImpairmentInvestments 2022-11-30 12953210 frs-core:ProvisionsForImpairmentInvestments 2023-11-30 12953210 frs-bus:Director1 2022-12-01 2023-11-30 12953210 frs-bus:Director2 2022-12-01 2023-11-30 12953210 frs-countries:EnglandWales 2022-12-01 2023-11-30 12953210 2021-11-30 12953210 2022-11-30 12953210 2021-12-01 2022-11-30 12953210 frs-core:CurrentFinancialInstruments 2022-11-30 12953210 frs-core:Non-currentFinancialInstruments 2022-11-30 12953210 frs-core:ShareCapital 2022-11-30 12953210 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 12953210
Bloc Cornwall Group Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12953210
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 472,806 472,806
472,806 472,806
CURRENT ASSETS
Debtors 5 1,290,453 361,513
Cash at bank and in hand 1,356 89
1,291,809 361,602
Creditors: Amounts Falling Due Within One Year 6 (693,515 ) (478,820 )
NET CURRENT ASSETS (LIABILITIES) 598,294 (117,218 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,071,100 355,588
Creditors: Amounts Falling Due After More Than One Year 7 (1,237,221 ) (381,802 )
NET LIABILITIES (166,121 ) (26,214 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (166,221 ) (26,314 )
SHAREHOLDERS' FUNDS (166,121) (26,214)
Page 1
Page 2
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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Lisa Pagin
Director
29/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bloc Cornwall Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12953210 . The registered office is Bay View, Gyllyngvase Road, Falmouth, TR11 4DJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements.  The directors note that the business has net liabilities of £161,121.  The company is supported through loans from the directors and other connected companies.  The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company.  Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements.  Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Investments
Subsidiaries
£
Cost
As at 1 December 2022 472,806
As at 30 November 2023 472,806
Provision
As at 1 December 2022 -
As at 30 November 2023 -
Net Book Value
As at 30 November 2023 472,806
As at 1 December 2022 472,806
5. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 130 -
VAT 120 314
Directors' loan accounts - 25
Amounts owed by connected persons 50 50
Amounts owed by connected companies 1,290,153 361,124
1,290,453 361,513
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,272 -
Other creditors 10,000 10,000
Accruals and deferred income - 4,500
Directors' loan accounts 102,951 116,976
Amounts owed to connected companies 579,292 347,344
693,515 478,820
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 1,237,221 381,802
The full value of the loan is guaranteed personally by the directors and connected companies.
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
Balances receiveable from connected companies at 30 November 2023 included within the debtors note above:
  - Bloc Cornwall Holdings Limited:   £93,546   (2022: £81,385)
  - Bloc Leisure Ltd:   £64,803   (2022: £42,355)
  - Kernowek Kerth Limited:   £14,280   (2022: £14,280)
  - N3L Limited:   £1,117,123   (2022: £223,104)
 - Bloc Cornwall Construction Ltd:   £200   (2022: £0)
 - Poachers Corner Ltd:   £200   (2022: £0)
Balances payable to connected companies at 30 November 2023 included within the creditors note above:
  - Rosebay Court Ltd:   £493,933   (2022: £247,723)
  - Red Willow Holdings Ltd:   £85,358   (2022: £99,420)
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