Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07558274 Mr David Toyne Mrs Diane Semley D Toyne / D Semley true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07558274 2023-03-31 07558274 2024-03-31 07558274 2023-04-01 2024-03-31 07558274 frs-core:CurrentFinancialInstruments 2024-03-31 07558274 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 07558274 frs-core:PlantMachinery 2023-04-01 2024-03-31 07558274 frs-core:ShareCapital 2024-03-31 07558274 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07558274 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07558274 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07558274 frs-bus:SmallEntities 2023-04-01 2024-03-31 07558274 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07558274 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07558274 1 2023-04-01 2024-03-31 07558274 frs-bus:Director1 2023-04-01 2024-03-31 07558274 frs-bus:Director2 2023-04-01 2024-03-31 07558274 frs-countries:EnglandWales 2023-04-01 2024-03-31 07558274 2022-03-31 07558274 2023-03-31 07558274 2022-04-01 2023-03-31 07558274 frs-core:CurrentFinancialInstruments 2023-03-31 07558274 frs-core:ShareCapital 2023-03-31 07558274 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07558274
Corringham Properties Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07558274
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 188,001 188,001
188,001 188,001
CURRENT ASSETS
Debtors 5 950 1,150
Cash at bank and in hand 17,639 13,817
18,589 14,967
Creditors: Amounts Falling Due Within One Year 6 (78,080 ) (94,329 )
NET CURRENT ASSETS (LIABILITIES) (59,491 ) (79,362 )
TOTAL ASSETS LESS CURRENT LIABILITIES 128,510 108,639
NET ASSETS 128,510 108,639
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 128,410 108,539
SHAREHOLDERS' FUNDS 128,510 108,639
Page 1
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For the year ending 31 March 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 directors acknowledge their 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
Mrs Diane Semley
Director
13th December 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Corringham Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07558274 . The registered office is 22 Middle Street, Corringham, Gainsborough, Lincs, DN21 5QS.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Plant & Machinery 25% on cost
2.4. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 188,001
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 950 1,150
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Corporation tax 4,661 3,253
Accruals and deferred income 330 300
Directors' loan accounts 73,088 90,776
78,080 94,329
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is D Toyne / D Semley by virtue of their ownership of 100% of the issued share capital in the company.
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