Acorah Software Products - Accounts Production 14.6.300 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 11545774 Mr Peter Wilson Mr Peter Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11545774 2022-08-31 11545774 2023-08-31 11545774 2022-09-01 2023-08-31 11545774 frs-core:CurrentFinancialInstruments 2023-08-31 11545774 frs-core:ShareCapital 2023-08-31 11545774 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 11545774 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 11545774 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 11545774 frs-bus:SmallEntities 2022-09-01 2023-08-31 11545774 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 11545774 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 11545774 frs-bus:Director1 2022-09-01 2023-08-31 11545774 frs-bus:CompanySecretary1 2022-09-01 2023-08-31 11545774 frs-countries:EnglandWales 2022-09-01 2023-08-31 11545774 2021-08-31 11545774 2022-08-31 11545774 2021-09-01 2022-08-31 11545774 frs-core:CurrentFinancialInstruments 2022-08-31 11545774 frs-core:ShareCapital 2022-08-31 11545774 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: 11545774
Cornerstone Specialist Funding Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2023
Courtview Accounting Ltd
483 Green Lanes
London
N13 4BS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 11545774
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 5,000 -
Cash at bank and in hand 15 5,000
5,015 5,000
Creditors: Amounts Falling Due Within One Year 5 (725 ) -
NET CURRENT ASSETS (LIABILITIES) 4,290 5,000
TOTAL ASSETS LESS CURRENT LIABILITIES 4,290 5,000
NET ASSETS 4,290 5,000
CAPITAL AND RESERVES
Called up share capital 6 5,000 5,000
Profit and Loss Account (710 ) -
SHAREHOLDERS' FUNDS 4,290 5,000
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Peter Wilson
Director
06/11/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Cornerstone Specialist Funding Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11545774 . The registered office is Riverside, Mountbatten Way, Congleton, CW12 1DY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: NIL)
1 -
4. Debtors
2023 2022
£ £
Due within one year
Other debtors 5,000 -
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 725 -
6. Share Capital
2023 2022
£ £
Called Up Share Capital not Paid 5,000 -
Called Up Share Capital has been paid up - 5,000
Amount of Allotted, Called Up Share Capital 5,000 5,000
Page 2