Company registration number 04586515 (England and Wales)
CAMBORNE POOL REDRUTH URBAN REGENERATION COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
CAMBORNE POOL REDRUTH URBAN REGENERATION COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CAMBORNE POOL REDRUTH URBAN REGENERATION COMPANY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Reserves
4
-
-
The director of the company has elected not to include a copy of the income and expenditure account within the financial statements.true
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on
6 September 2024 and are signed on its behalf by:
2024-09-06
G K Caplin-Grey
Director
Company Registration No. 04586515
CAMBORNE POOL REDRUTH URBAN REGENERATION COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information
Camborne Pool Redruth Urban Regeneration Company Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is County Hall, Treyew Road, Truro, Cornwall, TR1 3AY.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.
The company remained dormant throughout the years ended 31 March 2024 and 31 March 2023.
1.2
Going concern
The company ceased trading on 31 March 2015. The company will remain in existence, albeit as a non-trading entity. The directors do not expect the company to continue as a going concern; hence in accordance with FRS102, paragraph 3.8, these financial statements are prepared on a basis other than going concern to reflect the fact that trading has ceased. In adopting a basis other than going concern, the following policies were implemented:true
- All current assets have been disclosed at values at which they are expected to be realised; and
- All liabilities reflect the full amount at which they are expected to materialise.
1.3
Taxation
The company is run as a not-for-profit company. In previous years the charge for taxation was based only on its income derived from investments such as bank interest receivable and rental income. Any surplus / deficit on operating activities was not chargeable to tax / allowed for corporation tax purposes.
2
Employees
2024
2023
Number
Number
Total
3
Ultimate controlling party
On 1 April 2010, the company became a subsidiary company of the Cornwall Development Company Ltd. Cornwall Development Company Ltd is in itself a subsidiary of Cornwall Council.
CAMBORNE POOL REDRUTH URBAN REGENERATION COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
4
Company Limited by Guarantee
The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.