2023-07-01 2024-06-30 false No description of principal activity Debitam - Tax and Accounts 1.0 11464230 bus:FullAccounts 2023-07-01 2024-06-30 11464230 bus:Micro-entities 2023-07-01 2024-06-30 11464230 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11464230 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11464230 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11464230 2023-07-01 2024-06-30 11464230 2024-06-30 11464230 bus:RegisteredOffice 2023-07-01 2024-06-30 11464230 core:WithinOneYear 2024-06-30 11464230 core:AfterOneYear 2024-06-30 11464230 2022-07-01 11464230 bus:Director1 2023-07-01 2024-06-30 11464230 bus:Director1 2024-06-30 11464230 bus:Director1 2022-07-01 2023-06-30 11464230 bus:Director2 2023-07-01 2024-06-30 11464230 bus:Director2 2024-06-30 11464230 bus:Director2 2022-07-01 2023-06-30 11464230 bus:CompanySecretary1 2023-07-01 2024-06-30 11464230 bus:LeadAgentIfApplicable 2023-07-01 2024-06-30 11464230 2022-07-01 2023-06-30 11464230 2023-06-30 11464230 core:WithinOneYear 2023-06-30 11464230 core:AfterOneYear 2023-06-30 11464230 bus:EntityAccountantsOrAuditors 2022-07-01 2023-06-30 11464230 core:FurnitureFittings 2023-07-01 2024-06-30 11464230 core:FurnitureFittings 2024-06-30 11464230 core:FurnitureFittings 2023-06-30 11464230 core:MotorVehicles 2023-07-01 2024-06-30 11464230 core:MotorVehicles 2024-06-30 11464230 core:MotorVehicles 2023-06-30 11464230 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-06-30 11464230 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-06-30 11464230 core:Goodwill 2023-07-01 2024-06-30 11464230 core:Goodwill 2024-06-30 11464230 core:Goodwill 2023-06-30 11464230 core:CostValuation core:Non-currentFinancialInstruments 2024-06-30 11464230 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 11464230 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-06-30 11464230 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 11464230 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-06-30 11464230 core:Non-currentFinancialInstruments 2024-06-30 11464230 core:Non-currentFinancialInstruments 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11464230
England and Wales

 

 

 


Report of the Directors and Unaudited Financial Statements

for the year ended 30 June 2024

for

CORNWALL STUDIOS LTD

 
 
 
£
2024
£
   
£
2023
£
Fixed assets 25,362  28,180 
Current assets 110  110 
Creditors: amount falling due within one year (20,990) (20,512)
Net current assets (20,880) (20,402)
Total assets less current liabilities 4,482  7,778 
Net assets 4,482  7,778 
 
Capital and reserves 4,482  7,778 
 
  1. For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Michael Patrick O'Neill
Director

Date approved: 02 September 2024
1
Statutory Information
CORNWALL STUDIOS LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 11464230, registration address The Old Manse, 11 Victoria Road, Camelford, Cornwall, PL32 9XA, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings10% Reducing Balance
Motor Vehicles10% Reducing Balance
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2.

Intangible fixed assets

Cost or Valuation Goodwill   Total
  £   £
At 01 July 2023 19,500    19,500 
Additions  
Disposals  
At 30 June 2024 19,500    19,500 
Amortisation
At 01 July 2023 1,950    1,950 
Charge for year 1,755    1,755 
On disposals  
At 30 June 2024 3,705    3,705 
Net book values
At 30 June 2024 15,795    15,795 
At 30 June 2023 17,550    17,550 

3.

Tangible fixed assets

Cost or Valuation Fixtures and Fittings   Motor Vehicles   Total
  £   £   £
At 01 July 2023 3,455    11,110    14,565 
Additions    
Disposals    
At 30 June 2024 3,455    11,110    14,565 
Depreciation
At 01 July 2023 924    3,011    3,935 
Charge for year 253    810    1,063 
On disposals    
At 30 June 2024 1,177    3,821    4,998 
Net book values
Closing balance as at 30 June 2024 2,278    7,289    9,567 
Opening balance as at 01 July 2023 2,531    8,099    10,630 

4.

Average number of employees

Average number of employees during the year was 2  (2023: 2).
2