Acorah Software Products - Accounts Production 15.0.600 false true true 30 November 2022 7 January 2022 false 1 December 2022 30 November 2023 30 November 2023 13835331 Ms Lisa Pagin Ms Willow Pagin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13835331 2022-11-30 13835331 2023-11-30 13835331 2022-12-01 2023-11-30 13835331 frs-core:CurrentFinancialInstruments 2023-11-30 13835331 frs-core:ShareCapital 2023-11-30 13835331 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 13835331 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13835331 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 13835331 frs-bus:SmallEntities 2022-12-01 2023-11-30 13835331 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13835331 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13835331 frs-bus:Director1 2022-12-01 2023-11-30 13835331 frs-bus:Director2 2022-12-01 2023-11-30 13835331 frs-countries:EnglandWales 2022-12-01 2023-11-30 13835331 2022-01-06 13835331 2022-11-30 13835331 2022-01-07 2022-11-30 13835331 frs-core:CurrentFinancialInstruments 2022-11-30 13835331 frs-core:ShareCapital 2022-11-30 13835331 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 13835331
Bloc Cornwall Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13835331
30 November 2023 30 November 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 934,920 687,558
Debtors 5 - 829
Cash at bank and in hand 93,992 100
1,028,912 688,487
Creditors: Amounts Falling Due Within One Year 6 (1,167,795 ) (716,245 )
NET CURRENT ASSETS (LIABILITIES) (138,883 ) (27,758 )
TOTAL ASSETS LESS CURRENT LIABILITIES (138,883 ) (27,758 )
NET LIABILITIES (138,883 ) (27,758 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (138,983 ) (27,858 )
SHAREHOLDERS' FUNDS (138,883) (27,758)
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
30/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Bloc Cornwall Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13835331 . The registered office is Bay View, Gyllyngvase Road, Falmouth, Cornwall, 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 £138,883.  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.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Stocks
30 November 2023 30 November 2022
£ £
Work in progress 934,920 687,558
5. Debtors
30 November 2023 30 November 2022
£ £
Due within one year
Other debtors - 829
6. Creditors: Amounts Falling Due Within One Year
30 November 2023 30 November 2022
£ £
Bank loans and overdrafts 688,245 391,094
Other creditors - 939
Accruals and deferred income 58,362 -
Amounts owed to connected companies 421,188 324,212
1,167,795 716,245
The bank loan is secured against the property at 27 Edgecombe Ave, Newquay.
Page 2
Page 3
7. Share Capital
30 November 2023 30 November 2022
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
Other related party transactions:
Balances payable to connected companies at 30 November 2023 included within the creditors note above:
  - Bloc Cornwall Group Limited:   £93,546   (2022: £81,385) 
 - Kernowek Kerth Limited:   £64,600   (2022: £0)
 - N3L Limited:   £101   (2022: £0)
  - Rosebay Court Ltd:   £262,941   (2022: £242,827)
Page 3