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Company Registration No. 14968631 (England and Wales)
Cornerstone Companies Ltd Unaudited accounts for the period from 28 June 2023 to 30 June 2024
Cornerstone Companies Ltd Unaudited accounts Contents
Page
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Cornerstone Companies Ltd Company Information for the period from 28 June 2023 to 30 June 2024
Director
Emma Kenelm
Company Number
14968631 (England and Wales)
Registered Office
2 Carrallack Terrace St Just Cornwall TR19 7LW UNITED KINGDOM
Accountants
Darroch Accountancy Ltd 9 Old Foundry Close St Just Cornwall TR19 7QS
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Cornerstone Companies Ltd Statement of financial position as at 30 June 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
1,156 
Current assets
Inventories
1,200 
Debtors
855 
Cash at bank and in hand
793 
2,848 
Creditors: amounts falling due within one year
(16,538)
Net current liabilities
(13,690)
Total assets less current liabilities
(12,534)
Provisions for liabilities
Deferred tax
(220)
Net liabilities
(12,754)
Capital and reserves
Called up share capital
1 
Profit and loss account
(12,755)
Shareholders' funds
(12,754)
For the period ending 30 June 2024 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 August 2024 and were signed on its behalf by
Emma Kenelm Director Company Registration No. 14968631
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Cornerstone Companies Ltd Notes to the Accounts for the period from 28 June 2023 to 30 June 2024
1
Statutory information
Cornerstone Companies Ltd is a private company, limited by shares, registered in England and Wales, registration number 14968631. The registered office is 2 Carrallack Terrace, St Just, Cornwall, TR19 7LW, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 28 June 2023
- 
- 
- 
Additions
1,459 
82 
1,541 
At 30 June 2024
1,459 
82 
1,541 
Depreciation
Charge for the period
365 
20 
385 
At 30 June 2024
365 
20 
385 
Net book value
At 30 June 2024
1,094 
62 
1,156 
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
855 
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Cornerstone Companies Ltd Notes to the Accounts for the period from 28 June 2023 to 30 June 2024
6
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
801 
Taxes and social security
319 
Other creditors
1,919 
Loans from directors
13,499 
16,538 
7
Average number of employees
During the period the average number of employees was 2.
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