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REGISTERED NUMBER: 08132149 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Cora Partners Limited

Cora Partners Limited (Registered number: 08132149)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cora Partners Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mrs I R Boland





REGISTERED OFFICE: First Floor,
The Estate Office
The Green, Lewes Road
Ringmer
East Sussex
BN8 5QE





REGISTERED NUMBER: 08132149 (England and Wales)





ACCOUNTANTS: Caburn Accountants Limited
Chartered Certified Accountants
First Floor,
The Estate Office
The Green, Lewes Road
Ringmer
East Sussex
BN8 5QE

Cora Partners Limited (Registered number: 08132149)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,890 6,464

CURRENT ASSETS
Debtors 5 259,402 106,271
Cash at bank 1,851 46,918
261,253 153,189
CREDITORS
Amounts falling due within one year 6 239,834 123,099
NET CURRENT ASSETS 21,419 30,090
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,309

36,554

CREDITORS
Amounts falling due after more than one
year

7

27,876

33,268
NET ASSETS 433 3,286

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 333 3,186
SHAREHOLDERS' FUNDS 433 3,286

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Cora Partners Limited (Registered number: 08132149)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2025 and were signed by:





Mrs I R Boland - Director


Cora Partners Limited (Registered number: 08132149)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Cora Partners Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 10 ) .

Cora Partners Limited (Registered number: 08132149)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Office Computer
equipment equipment Totals
£    £    £   
COST
At 1 April 2023 12,583 12,897 25,480
Additions - 3,547 3,547
At 31 March 2024 12,583 16,444 29,027
DEPRECIATION
At 1 April 2023 6,923 12,093 19,016
Charge for year 1,132 1,989 3,121
At 31 March 2024 8,055 14,082 22,137
NET BOOK VALUE
At 31 March 2024 4,528 2,362 6,890
At 31 March 2023 5,660 804 6,464

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 140,154 44,542
Other debtors 40,780 37,530
Directors' loan accounts 78,468 24,199
259,402 106,271

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 5,625 5,625
Tax 40,042 41,623
Social security and other taxes 151,763 73,019
Other creditors 39,614 1,051
Accrued expenses 2,790 1,781
239,834 123,099

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 5,625 5,625
Bank loans - 2-5 years 16,875 16,875
Bank loans more 5 yr by instal 5,376 10,768
27,876 33,268

Cora Partners Limited (Registered number: 08132149)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.24 31.3.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,376 10,768

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mrs I R Boland
Balance outstanding at start of year 24,199 24,199
Amounts advanced 54,269 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 78,468 24,199

The additional loan of £54269 was repaid after the year end.