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REGISTERED NUMBER: 03312719 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

CORPORATE FINANCE U.K. LIMITED

CORPORATE FINANCE U.K. LIMITED (REGISTERED NUMBER: 03312719)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CORPORATE FINANCE U.K. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mr R T Caine
Mr B T Caine





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 03312719 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Chartered Accountants & Tax Advisers
Unit 2.02 High Weald House
Glovers End, Bexhill,
East Sussex,
United Kingdom
TN39 5ES

CORPORATE FINANCE U.K. LIMITED (REGISTERED NUMBER: 03312719)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 - -
Investments 6 1,313,295 1,313,295
Investment property 7 3,374,732 3,375,823
4,688,028 4,689,119

CURRENT ASSETS
Debtors 8 1,205,896 1,212,481
Cash at bank 362 -
1,206,258 1,212,481
CREDITORS
Amounts falling due within one year 9 38,683 126,483
NET CURRENT ASSETS 1,167,575 1,085,998
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,855,603

5,775,117

CREDITORS
Amounts falling due after more than one
year

10

(1,455,789

)

(1,347,150

)

PROVISIONS FOR LIABILITIES (228,749 ) (228,749 )
NET ASSETS 4,171,065 4,199,218

CAPITAL AND RESERVES
Called up share capital 12 100 100
Special reserve 1,469,794 1,469,794
Retained earnings 2,701,171 2,729,324
SHAREHOLDERS' FUNDS 4,171,065 4,199,218

CORPORATE FINANCE U.K. LIMITED (REGISTERED NUMBER: 03312719)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:





Mr R T Caine - Director


CORPORATE FINANCE U.K. LIMITED (REGISTERED NUMBER: 03312719)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Corporate Finance U.K. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS
The financial statements contain information about Corporate Finance U.K. Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

TURNOVER
Turnover represents net invoiced sales of services as well as rental income, excluding VAT.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of nil years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in income statement.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

CORPORATE FINANCE U.K. LIMITED (REGISTERED NUMBER: 03312719)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 December 2022
and 30 November 2023 1
Net book value
At 30 November 2023 1
At 30 November 2022 1

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
Cost
At 1 December 2022
and 30 November 2023 1,860
Depreciation
At 1 December 2022
and 30 November 2023 1,860
Net book value
At 30 November 2023 -
At 30 November 2022 -

6. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
Cost
At 1 December 2022
and 30 November 2023 1,313,295
Net book value
At 30 November 2023 1,313,295
At 30 November 2022 1,313,295

CORPORATE FINANCE U.K. LIMITED (REGISTERED NUMBER: 03312719)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


7. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 December 2022
and 30 November 2023 3,435,240
Depreciation
At 1 December 2022 59,417
Charge for year 1,091
At 30 November 2023 60,508
Net book value
At 30 November 2023 3,374,732
At 30 November 2022 3,375,823

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2012 1,131,591
Valuation in 2016 391,238
Cost 1,912,411
3,435,240

Fixed assets, included in the above, which are held under finance leases are as follows:
Total
£   
Fair value
At 1 December 2022
and 30 November 2023 79,380
Depreciation
At 1 December 2022 57,557
Charge for year 1,091
At 30 November 2023 58,648
Net book value
At 30 November 2023 20,732
At 30 November 2022 21,823

Property held on lease for 99 year from 24 December 1987.

CORPORATE FINANCE U.K. LIMITED (REGISTERED NUMBER: 03312719)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Amounts owed by associates 1,037,034 949,681
Other debtors 15,319 25,405
1,052,353 975,086

Amounts falling due after more than one year:
Other debtors 153,543 237,395

Aggregate amounts 1,205,896 1,212,481

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 11) - 95,009
Trade creditors 21,330 22,077
Taxation and social security - 7,147
Other creditors 17,353 2,250
38,683 126,483

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 11) 1,455,789 1,347,150

11. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 29,765
Bank loans falling due within one year - 65,244
- 95,009

Amounts falling due between one and two years:
Bank loans falling due after one year 1,455,789 1,347,150

CORPORATE FINANCE U.K. LIMITED (REGISTERED NUMBER: 03312719)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100