Company Registration No. 9546043 (England and Wales)
CORNERSTONE COMPUTER CENTRE (BOGNOR REGIS) LIMITED
Unaudited accounts
for the year ended 30 April 2024
CORNERSTONE COMPUTER CENTRE (BOGNOR REGIS) LIMITED
Unaudited accounts
Contents
CORNERSTONE COMPUTER CENTRE (BOGNOR REGIS) LIMITED
Company Information
for the year ended 30 April 2024
Company Number
9546043 (England and Wales)
Registered Office
38 Ravenscroft
Storrington
Pulborough
West Sussex
RH20 4EH
England
CORNERSTONE COMPUTER CENTRE (BOGNOR REGIS) LIMITED
Statement of financial position
as at 30 April 2024
Intangible assets
1,110
2,220
Creditors: amounts falling due within one year
(22,792)
(23,102)
Net current liabilities
(21,792)
(22,102)
Net liabilities
(20,491)
(19,625)
Called up share capital
1
1
Profit and loss account
(20,492)
(19,626)
Shareholders' funds
(20,491)
(19,625)
For the year ending 30 April 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 March 2025 and were signed on its behalf by
M R Corner
Director
Company Registration No. 9546043
CORNERSTONE COMPUTER CENTRE (BOGNOR REGIS) LIMITED
Notes to the Accounts
for the year ended 30 April 2024
CORNERSTONE COMPUTER CENTRE (BOGNOR REGIS) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9546043. The registered office is 38 Ravenscroft, Storrington, Pulborough, West Sussex, RH20 4EH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
CORNERSTONE COMPUTER CENTRE (BOGNOR REGIS) LIMITED
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2023
23
2,500
2,523
At 30 April 2024
23
2,500
2,523
At 1 May 2023
16
2,250
2,266
Charge for the year
3
63
66
At 30 April 2024
19
2,313
2,332
At 30 April 2024
4
187
191
At 30 April 2023
7
250
257
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,705
1,495
Loans from directors
21,087
21,607
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2023: 1).