2023-07-012024-06-302024-06-30false00847902Priory Estates (Cornwall) Limited2024-10-0768100iso4217:GBPxbrli:pure008479022023-07-01008479022024-06-30008479022023-07-012024-06-30008479022022-07-01008479022023-06-30008479022022-07-012023-06-3000847902bus:SmallEntities2023-07-012024-06-3000847902bus:AuditExempt-NoAccountantsReport2023-07-012024-06-3000847902bus:FullAccounts2023-07-012024-06-3000847902bus:PrivateLimitedCompanyLtd2023-07-012024-06-3000847902core:WithinOneYear2024-06-3000847902core:AfterOneYear2024-06-3000847902core:WithinOneYear2023-06-3000847902core:AfterOneYear2023-06-3000847902core:ShareCapital2024-06-3000847902core:SharePremium2024-06-3000847902core:RevaluationReserve2024-06-3000847902core:OtherReservesSubtotal2024-06-3000847902core:RetainedEarningsAccumulatedLosses2024-06-3000847902core:ShareCapital2023-06-3000847902core:SharePremium2023-06-3000847902core:RevaluationReserve2023-06-3000847902core:OtherReservesSubtotal2023-06-3000847902core:RetainedEarningsAccumulatedLosses2023-06-3000847902core:LandBuildings2024-06-3000847902core:PlantMachinery2024-06-3000847902core:Vehicles2024-06-3000847902core:FurnitureFittings2024-06-3000847902core:OfficeEquipment2024-06-3000847902core:NetGoodwill2024-06-3000847902core:IntangibleAssetsOtherThanGoodwill2024-06-3000847902core:ListedExchangeTraded2024-06-3000847902core:UnlistedNon-exchangeTraded2024-06-3000847902core:LandBuildings2023-06-3000847902core:PlantMachinery2023-06-3000847902core:Vehicles2023-06-3000847902core:FurnitureFittings2023-06-3000847902core:OfficeEquipment2023-06-3000847902core:NetGoodwill2023-06-3000847902core:IntangibleAssetsOtherThanGoodwill2023-06-3000847902core:ListedExchangeTraded2023-06-3000847902core:UnlistedNon-exchangeTraded2023-06-3000847902core:LandBuildings2023-07-012024-06-3000847902core:PlantMachinery2023-07-012024-06-3000847902core:Vehicles2023-07-012024-06-3000847902core:FurnitureFittings2023-07-012024-06-3000847902core:OfficeEquipment2023-07-012024-06-3000847902core:NetGoodwill2023-07-012024-06-3000847902core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3000847902core:ListedExchangeTraded2023-07-012024-06-3000847902core:UnlistedNon-exchangeTraded2023-07-012024-06-3000847902core:MoreThanFiveYears2023-07-012024-06-3000847902core:Non-currentFinancialInstruments2024-06-3000847902core:Non-currentFinancialInstruments2023-06-3000847902dpl:CostSales2023-07-012024-06-3000847902dpl:DistributionCosts2023-07-012024-06-3000847902core:LandBuildings2023-07-012024-06-3000847902core:PlantMachinery2023-07-012024-06-3000847902core:Vehicles2023-07-012024-06-3000847902core:FurnitureFittings2023-07-012024-06-3000847902core:OfficeEquipment2023-07-012024-06-3000847902dpl:AdministrativeExpenses2023-07-012024-06-3000847902core:NetGoodwill2023-07-012024-06-3000847902core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3000847902dpl:GroupUndertakings2023-07-012024-06-3000847902dpl:ParticipatingInterests2023-07-012024-06-3000847902dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-06-3000847902core:ListedExchangeTraded2023-07-012024-06-3000847902dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-06-3000847902core:UnlistedNon-exchangeTraded2023-07-012024-06-3000847902dpl:CostSales2022-07-012023-06-3000847902dpl:DistributionCosts2022-07-012023-06-3000847902core:LandBuildings2022-07-012023-06-3000847902core:PlantMachinery2022-07-012023-06-3000847902core:Vehicles2022-07-012023-06-3000847902core:FurnitureFittings2022-07-012023-06-3000847902core:OfficeEquipment2022-07-012023-06-3000847902dpl:AdministrativeExpenses2022-07-012023-06-3000847902core:NetGoodwill2022-07-012023-06-3000847902core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3000847902dpl:GroupUndertakings2022-07-012023-06-3000847902dpl:ParticipatingInterests2022-07-012023-06-3000847902dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3000847902core:ListedExchangeTraded2022-07-012023-06-3000847902dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3000847902core:UnlistedNon-exchangeTraded2022-07-012023-06-3000847902core:NetGoodwill2024-06-3000847902core:IntangibleAssetsOtherThanGoodwill2024-06-3000847902core:LandBuildings2024-06-3000847902core:PlantMachinery2024-06-3000847902core:Vehicles2024-06-3000847902core:FurnitureFittings2024-06-3000847902core:OfficeEquipment2024-06-3000847902core:AfterOneYear2024-06-3000847902core:WithinOneYear2024-06-3000847902core:ListedExchangeTraded2024-06-3000847902core:UnlistedNon-exchangeTraded2024-06-3000847902core:ShareCapital2024-06-3000847902core:SharePremium2024-06-3000847902core:RevaluationReserve2024-06-3000847902core:OtherReservesSubtotal2024-06-3000847902core:RetainedEarningsAccumulatedLosses2024-06-3000847902core:NetGoodwill2023-06-3000847902core:IntangibleAssetsOtherThanGoodwill2023-06-3000847902core:LandBuildings2023-06-3000847902core:PlantMachinery2023-06-3000847902core:Vehicles2023-06-3000847902core:FurnitureFittings2023-06-3000847902core:OfficeEquipment2023-06-3000847902core:AfterOneYear2023-06-3000847902core:WithinOneYear2023-06-3000847902core:ListedExchangeTraded2023-06-3000847902core:UnlistedNon-exchangeTraded2023-06-3000847902core:ShareCapital2023-06-3000847902core:SharePremium2023-06-3000847902core:RevaluationReserve2023-06-3000847902core:OtherReservesSubtotal2023-06-3000847902core:RetainedEarningsAccumulatedLosses2023-06-3000847902core:NetGoodwill2022-07-0100847902core:IntangibleAssetsOtherThanGoodwill2022-07-0100847902core:LandBuildings2022-07-0100847902core:PlantMachinery2022-07-0100847902core:Vehicles2022-07-0100847902core:FurnitureFittings2022-07-0100847902core:OfficeEquipment2022-07-0100847902core:AfterOneYear2022-07-0100847902core:WithinOneYear2022-07-0100847902core:ListedExchangeTraded2022-07-0100847902core:UnlistedNon-exchangeTraded2022-07-0100847902core:ShareCapital2022-07-0100847902core:SharePremium2022-07-0100847902core:RevaluationReserve2022-07-0100847902core:OtherReservesSubtotal2022-07-0100847902core:RetainedEarningsAccumulatedLosses2022-07-0100847902core:AfterOneYear2023-07-012024-06-3000847902core:WithinOneYear2023-07-012024-06-3000847902core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-06-3000847902core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-06-3000847902core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-06-3000847902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-06-3000847902core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-06-3000847902core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-06-3000847902core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3000847902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3000847902core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3000847902core:Non-currentFinancialInstrumentscore:CostValuation2024-06-3000847902core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-06-3000847902core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-06-3000847902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-06-3000847902core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-06-3000847902core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-06-3000847902core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-06-3000847902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-06-3000847902core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-06-3000847902core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3000847902core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3000847902core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3000847902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3000847902core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3000847902core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3000847902core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3000847902core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3000847902core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3000847902bus:Director12023-07-012024-06-3000847902bus:Director22023-07-012024-06-30

Priory Estates (Cornwall) Limited

Registered Number
00847902
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

Priory Estates (Cornwall) Limited
Company Information
for the year from 1 July 2023 to 30 June 2024

Directors

Mr I Chisholm
Chisholm Consultancy Limited

Registered Address

Lower Rock House Rock Road
Rock
Wadebridge
PL27 6LB

Registered Number

00847902 (England and Wales)
Priory Estates (Cornwall) Limited
Balance Sheet as at
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3257,773257,031
257,773257,031
Current assets
Cash at bank and on hand12,27540,205
12,27540,205
Creditors amounts falling due within one year4(68,248)(114,528)
Net current assets (liabilities)(55,973)(74,323)
Total assets less current liabilities201,800182,708
Net assets201,800182,708
Capital and reserves
Called up share capital100100
Profit and loss account201,700182,608
Shareholders' funds201,800182,708
The financial statements were approved and authorised for issue by the Board of Directors on 7 October 2024, and are signed on its behalf by:
Mr I Chisholm
Director
Registered Company No. 00847902
Priory Estates (Cornwall) Limited
Notes to the Financial Statements
for the year ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery10
Office Equipment5
2.Average number of employees

20242023
Average number of employees during the year01
3.Tangible fixed assets

Land & buildings

Plant & machinery

Office Equipment

Total

££££
Cost or valuation
At 01 July 23255,0008,232873264,105
Additions-1,546-1,546
Disposals-(435)-(435)
At 30 June 24255,0009,343873265,216
Depreciation and impairment
At 01 July 23-6,2018737,074
Charge for year-804-804
On disposals-(435)-(435)
At 30 June 24-6,5708737,443
Net book value
At 30 June 24255,0002,773-257,773
At 30 June 23255,0002,031-257,031
4.Creditors: amounts due within one year

2024

2023

££
Taxation and social security4,3033,953
Other creditors62,998109,693
Accrued liabilities and deferred income947882
Total68,248114,528
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Directors advances, credits and guarantees
The net movement in the directors loan account during the year was a decrease of £557. The balance due to the director at the year end was £639 (2023 £82). The loan is non-interest bearing and repayable on demand.
6.Related party transactions
At the balance sheet date, and amount of £62,358 (2023 £109,611) was due to Chisholm Consultancy Limited by the company. Chisholm Consultancy Limited is the majority shareholder company.