Foundry Camborne Limited 14655387 false 2023-02-10 2024-02-28 2024-02-28 The principal activity of the company is that of commercial property development. Digita Accounts Production Advanced 6.30.9574.0 true true 14655387 2023-02-10 2024-02-28 14655387 2024-02-28 14655387 core:RetainedEarningsAccumulatedLosses 2024-02-28 14655387 core:ShareCapital 2024-02-28 14655387 core:CurrentFinancialInstruments 2024-02-28 14655387 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-28 14655387 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-28 14655387 bus:SmallEntities 2023-02-10 2024-02-28 14655387 bus:AuditExemptWithAccountantsReport 2023-02-10 2024-02-28 14655387 bus:FilletedAccounts 2023-02-10 2024-02-28 14655387 bus:SmallCompaniesRegimeForAccounts 2023-02-10 2024-02-28 14655387 bus:RegisteredOffice 2023-02-10 2024-02-28 14655387 bus:Director1 2023-02-10 2024-02-28 14655387 bus:PrivateLimitedCompanyLtd 2023-02-10 2024-02-28 14655387 countries:EnglandWales 2023-02-10 2024-02-28 iso4217:GBP xbrli:pure

Registration number: 14655387

Foundry Camborne Limited

Annual Report and Unaudited Filleted Financial Statements

for the Period from 10 February 2023 to 28 February 2024

 

Foundry Camborne Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 5

 

Foundry Camborne Limited

Company Information

Director

G R Eddy

Registered office

The Old Church School
Butts Hill
Frome
Somerset
BA11 1HR

Accountants

Burton Sweet Limited
Chartered Accountants and Business Advisors
Cooper House
Lower Chartlon Estate
Shepton Mallet
Somerset
BA4 5QE

 

Foundry Camborne Limited

(Registration number: 14655387)
Balance Sheet
28 February 2024

Note

2024
£

Fixed assets

 

Investment property

4

374,020

Current assets

 

Debtors

5

262,395

Cash at bank and in hand

 

5,541

 

267,936

Creditors: Amounts falling due within one year

6

(715)

Net current assets

 

267,221

Total assets less current liabilities

 

641,241

Creditors: Amounts falling due after more than one year

6

(642,045)

Net liabilities

 

(804)

Capital and reserves

 

Called up share capital

1

Retained earnings

(805)

Shareholders' deficit

 

(804)

 

Foundry Camborne Limited

(Registration number: 14655387)
Balance Sheet
28 February 2024

For the financial period ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 October 2024
 

.........................................
G R Eddy
Director

 

Foundry Camborne Limited

Notes to the Unaudited Financial Statements
Period from 10 February 2023 to 28 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Old Church School
Butts Hill
Frome
Somerset
BA11 1HR

These financial statements were authorised for issue by the director on 31 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Foundry Camborne Limited

Notes to the Unaudited Financial Statements
Period from 10 February 2023 to 28 February 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 0.

4

Investment properties

2024
£

Additions

374,020

At 28 February

374,020

There has been no valuation of investment property by an independent valuer.

5

Debtors

2024
£

Other debtors

262,395

262,395

6

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

715

Creditors: amounts falling due after more than one year

2024
£

Due after one year

Deferred income

642,045