Company registration number SC213682 (Scotland)
CORDINERS INVESTMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
CORDINERS INVESTMENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CORDINERS INVESTMENTS LIMITED
BALANCE SHEET
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
6,400
6,400
Current assets
Debtors
4
6,400
6,400
Net current assets
6,400
6,400
Net assets
12,800
12,800
Capital and reserves
Called up share capital
5
12,800
12,800
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 12 March 2025 and are signed on its behalf by:
S J A CORDINER
S J A Cordiner
Director
Company registration number SC213682 (Scotland)
CORDINERS INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -
1
Accounting policies
Company information
Cordiners Investments Limited is a private company limited by shares incorporated in Scotland. The registered office is 50 Sinclair Road, Aberdeen, AB11 9PN.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
1.4
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
4
4
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings
6,400
6,400
CORDINERS INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 3 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Unpaid share capital
6,400
6,400
5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Allotted, called up and fully paid
3,200 Ordinary A shares of £1 each
3,200
3,200
3,200
3,200
3,200 Ordinary B shares of £1 each
3,200
3,200
3,200
3,200
6,400
6,400
6,400
6,400
Allotted, called up and partly paid
3,200 Ordinary A shares of £1 each
3,200
3,200
3,200
3,200
3,200 Ordinary B shares of £1 each
3,200
3,200
3,200
3,200
6,400
6,400
6,400
6,400
6
Related party transactions
During the year the company was controlled by the directors.
There were no related party transactions.