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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
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CORNERSTONE COMPUTER CENTRE (BOGNOR REGIS) LIMITED Company Information for the year ended 30 April 2024
Director
M R Corner
Secretary
M R Corner
Company Number
9546043 (England and Wales)
Registered Office
38 Ravenscroft Storrington Pulborough West Sussex RH20 4EH England
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CORNERSTONE COMPUTER CENTRE (BOGNOR REGIS) LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,110 
2,220 
Tangible assets
191 
257 
1,301 
2,477 
Current assets
Inventories
1,000 
1,000 
Creditors: amounts falling due within one year
(22,792)
(23,102)
Net current liabilities
(21,792)
(22,102)
Net liabilities
(20,491)
(19,625)
Capital and reserves
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
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CORNERSTONE COMPUTER CENTRE (BOGNOR REGIS) LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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:
Fixtures & fittings
25%
Intangible fixed assets
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 
£ 
Cost
At 1 May 2023
11,100 
At 30 April 2024
11,100 
Amortisation
At 1 May 2023
8,880 
Charge for the year
1,110 
At 30 April 2024
9,990 
Net book value
At 30 April 2024
1,110 
At 30 April 2023
2,220 
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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 
Depreciation
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 
Net book value
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 
22,792 
23,102 
7
Share capital
2024 
2023 
£ 
£ 
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).
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