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Company No: 08728687 (England and Wales)

CVC CORNWALL 2013 LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

CVC CORNWALL 2013 LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

CVC CORNWALL 2013 LIMITED

BALANCE SHEET

As at 31 December 2024
CVC CORNWALL 2013 LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 271,777 271,777
271,777 271,777
Current assets
Debtors 4 3 3
Cash at bank and in hand 9 4
12 7
Creditors: amounts falling due within one year 5 ( 265,743) ( 265,738)
Net current liabilities (265,731) (265,731)
Total assets less current liabilities 6,046 6,046
Net assets 6,046 6,046
Capital and reserves
Called-up share capital 10 10
Profit and loss account 6,036 6,036
Total shareholders' funds 6,046 6,046

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of CVC Cornwall 2013 Limited (registered number: 08728687) were approved and authorised for issue by the Board of Directors on 24 March 2025. They were signed on its behalf by:

W J C Dunstan
Director
CVC CORNWALL 2013 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
CVC CORNWALL 2013 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CVC Cornwall 2013 Limited (the Company) is a private company, limited by shares, incorporated in England and Wales.

The address of the Company's registered office is:
Unit N
Questmap Business Park
Long Rock
Penzance
Cornwall
TR20 8AS

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The company is part of a small group. The company has taken advantage of the exemption provided by Section 399 of the Companies Act 2006 and has not prepared group accounts.

Fixed asset investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method.
Dividends on equity securities are recognised in income when receivable.

Financial instruments

The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.


The company holds the following financial instruments:

Basic financial assets comprise short term cash and bank balances. Basic financial liabilities comprise short term trade and other creditors.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Fixed asset investments

2024 2023
£ £
Subsidiary undertakings 271,777 271,777

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 271,777
At 31 December 2024 271,777
Carrying value at 31 December 2024 271,777
Carrying value at 31 December 2023 271,777

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
31.12.2024
Ownership
31.12.2023
Cornish Venning Limited Unit N Questmap Business Park, Long Rock Industrial Estate, Penzance TR20 8AS Provision of legal services Class A 100.00% 100.00%

4. Debtors

2024 2023
£ £
Other debtors 3 3

5. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 265,743 265,738