2023-03-012024-02-292024-02-29false05421193CORK TREE LTD2024-11-1247910iso4217:GBPxbrli:pure054211932023-03-01054211932024-02-29054211932023-03-012024-02-29054211932022-03-01054211932023-02-28054211932022-03-012023-02-2805421193bus:SmallEntities2023-03-012024-02-2905421193bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2905421193bus:AbridgedAccounts2023-03-012024-02-2905421193bus:PrivateLimitedCompanyLtd2023-03-012024-02-2905421193core:WithinOneYear2024-02-2905421193core:AfterOneYear2024-02-2905421193core:WithinOneYear2023-02-2805421193core:AfterOneYear2023-02-2805421193core:ShareCapital2024-02-2905421193core:SharePremium2024-02-2905421193core:RevaluationReserve2024-02-2905421193core:OtherReservesSubtotal2024-02-2905421193core:RetainedEarningsAccumulatedLosses2024-02-2905421193core:ShareCapital2023-02-2805421193core:SharePremium2023-02-2805421193core:RevaluationReserve2023-02-2805421193core:OtherReservesSubtotal2023-02-2805421193core:RetainedEarningsAccumulatedLosses2023-02-2805421193core:LandBuildings2024-02-2905421193core:PlantMachinery2024-02-2905421193core:Vehicles2024-02-2905421193core:FurnitureFittings2024-02-2905421193core:OfficeEquipment2024-02-2905421193core:NetGoodwill2024-02-2905421193core:IntangibleAssetsOtherThanGoodwill2024-02-2905421193core:ListedExchangeTraded2024-02-2905421193core:UnlistedNon-exchangeTraded2024-02-2905421193core:LandBuildings2023-02-2805421193core:PlantMachinery2023-02-2805421193core:Vehicles2023-02-2805421193core:FurnitureFittings2023-02-2805421193core:OfficeEquipment2023-02-2805421193core:NetGoodwill2023-02-2805421193core:IntangibleAssetsOtherThanGoodwill2023-02-2805421193core:ListedExchangeTraded2023-02-2805421193core:UnlistedNon-exchangeTraded2023-02-2805421193core:LandBuildings2023-03-012024-02-2905421193core:PlantMachinery2023-03-012024-02-2905421193core:Vehicles2023-03-012024-02-2905421193core:FurnitureFittings2023-03-012024-02-2905421193core:OfficeEquipment2023-03-012024-02-2905421193core:NetGoodwill2023-03-012024-02-2905421193core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2905421193core:ListedExchangeTraded2023-03-012024-02-2905421193core:UnlistedNon-exchangeTraded2023-03-012024-02-2905421193core:MoreThanFiveYears2023-03-012024-02-2905421193core:Non-currentFinancialInstruments2024-02-2905421193core:Non-currentFinancialInstruments2023-02-2805421193dpl:CostSales2023-03-012024-02-2905421193dpl:DistributionCosts2023-03-012024-02-2905421193core:LandBuildings2023-03-012024-02-2905421193core:PlantMachinery2023-03-012024-02-2905421193core:Vehicles2023-03-012024-02-2905421193core:FurnitureFittings2023-03-012024-02-2905421193core:OfficeEquipment2023-03-012024-02-2905421193dpl:AdministrativeExpenses2023-03-012024-02-2905421193core:NetGoodwill2023-03-012024-02-2905421193core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2905421193dpl:GroupUndertakings2023-03-012024-02-2905421193dpl:ParticipatingInterests2023-03-012024-02-2905421193dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2905421193core:ListedExchangeTraded2023-03-012024-02-2905421193dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2905421193core:UnlistedNon-exchangeTraded2023-03-012024-02-2905421193dpl:CostSales2022-03-012023-02-2805421193dpl:DistributionCosts2022-03-012023-02-2805421193core:LandBuildings2022-03-012023-02-2805421193core:PlantMachinery2022-03-012023-02-2805421193core:Vehicles2022-03-012023-02-2805421193core:FurnitureFittings2022-03-012023-02-2805421193core:OfficeEquipment2022-03-012023-02-2805421193dpl:AdministrativeExpenses2022-03-012023-02-2805421193core:NetGoodwill2022-03-012023-02-2805421193core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2805421193dpl:GroupUndertakings2022-03-012023-02-2805421193dpl:ParticipatingInterests2022-03-012023-02-2805421193dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2805421193core:ListedExchangeTraded2022-03-012023-02-2805421193dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2805421193core:UnlistedNon-exchangeTraded2022-03-012023-02-2805421193core:NetGoodwill2024-02-2905421193core:IntangibleAssetsOtherThanGoodwill2024-02-2905421193core:LandBuildings2024-02-2905421193core:PlantMachinery2024-02-2905421193core:Vehicles2024-02-2905421193core:FurnitureFittings2024-02-2905421193core:OfficeEquipment2024-02-2905421193core:AfterOneYear2024-02-2905421193core:WithinOneYear2024-02-2905421193core:ListedExchangeTraded2024-02-2905421193core:UnlistedNon-exchangeTraded2024-02-2905421193core:ShareCapital2024-02-2905421193core:SharePremium2024-02-2905421193core:RevaluationReserve2024-02-2905421193core:OtherReservesSubtotal2024-02-2905421193core:RetainedEarningsAccumulatedLosses2024-02-2905421193core:NetGoodwill2023-02-2805421193core:IntangibleAssetsOtherThanGoodwill2023-02-2805421193core:LandBuildings2023-02-2805421193core:PlantMachinery2023-02-2805421193core:Vehicles2023-02-2805421193core:FurnitureFittings2023-02-2805421193core:OfficeEquipment2023-02-2805421193core:AfterOneYear2023-02-2805421193core:WithinOneYear2023-02-2805421193core:Liste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CORK TREE LTD

Registered Number
05421193
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

CORK TREE LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Directors

DENMAN, Graham
TAYLOR, Robert John

Company Secretary

TAYLOR, Robert John

Registered Address

25d Haugh Lane Industrial Estate
Hexham
NE46 3PU

Registered Number

05421193 (England and Wales)
CORK TREE LTD
Statement of Financial Position
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,5653,179
1,5653,179
Current assets
Debtors16,87111,109
Cash at bank and on hand73,42785,316
90,29896,425
Creditors amounts falling due within one year(31,928)(20,432)
Net current assets (liabilities)58,37075,993
Total assets less current liabilities59,93579,172
Creditors amounts falling due after one year(15,000)(4,768)
Net assets44,93574,404
Capital and reserves
Called up share capital1,0001,000
Profit and loss account43,93573,404
Shareholders' funds44,93574,404
The financial statements were approved and authorised for issue by the Board of Directors on 12 November 2024, and are signed on its behalf by:
TAYLOR, Robert John
Director
Registered Company No. 05421193
CORK TREE LTD
Notes to the Financial Statements
for the year ended 29 February 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
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:
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year33
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 March 234,840
At 29 February 244,840
Depreciation and impairment
At 01 March 231,662
Charge for year1,613
At 29 February 243,275
Net book value
At 29 February 241,565
At 28 February 233,179