Registered number
12129405
CGore Limited
Filleted Accounts
31 July 2024
CGore Limited
Registered number: 12129405
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,264 2,567
Investments 4 77,021 87,525
78,285 90,092
Current assets
Cash at bank and in hand 529 836
Creditors: amounts falling due within one year 5 (9,118) (18,524)
Net current liabilities (8,589) (17,688)
Total assets less current liabilities 69,696 72,404
Creditors: amounts falling due after more than one year 6 (6,420) (23,916)
Net assets 63,276 48,488
Capital and reserves
Called up share capital 3 3
Profit and loss account 63,273 48,485
Shareholder's funds 63,276 48,488
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs C Gore
Director
Approved by the board on 5 January 2025
CGore Limited
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2023 6,517
At 31 July 2024 6,517
Depreciation
At 1 August 2023 3,950
Charge for the year 1,303
At 31 July 2024 5,253
Net book value
At 31 July 2024 1,264
At 31 July 2023 2,567
4 Investments
Other
investments
£
Cost
At 1 August 2023 87,525
Disposals (10,504)
At 31 July 2024 77,021
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 2,000 2,000
Obligations under finance lease and hire purchase contracts 6,882 16,083
Other creditors 236 441
9,118 18,524
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 2,979 4,666
Obligations under finance lease and hire purchase contracts 3,441 19,250
6,420 23,916
7 Other information
CGore Limited is a private company limited by shares and incorporated in England. Its registered office is:
51 Princes Boulevard
Wirral
CH63 5LJ
CGore Limited 12129405 false 2023-08-01 2024-07-31 2024-07-31 VT Final Accounts April 2025 Mrs C Gore No description of principal activity 12129405 2022-08-01 2023-07-31 12129405 core:WithinOneYear 2023-07-31 12129405 core:AfterOneYear 2023-07-31 12129405 core:ShareCapital 2023-07-31 12129405 core:RetainedEarningsAccumulatedLosses 2023-07-31 12129405 2023-08-01 2024-07-31 12129405 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12129405 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 12129405 bus:Director40 2023-08-01 2024-07-31 12129405 1 2023-08-01 2024-07-31 12129405 2 2023-08-01 2024-07-31 12129405 core:PlantMachinery 2023-08-01 2024-07-31 12129405 countries:England 2023-08-01 2024-07-31 12129405 bus:FRS102 2023-08-01 2024-07-31 12129405 bus:FilletedAccounts 2023-08-01 2024-07-31 12129405 2024-07-31 12129405 core:WithinOneYear 2024-07-31 12129405 core:AfterOneYear 2024-07-31 12129405 core:ShareCapital 2024-07-31 12129405 core:RetainedEarningsAccumulatedLosses 2024-07-31 12129405 core:PlantMachinery 2024-07-31 12129405 core:DisposalsRepaymentsInvestments 2024-07-31 12129405 2023-07-31 12129405 core:PlantMachinery 2023-07-31 iso4217:GBP xbrli:pure