1 August 2023 false No description of principal activity Taxfiler 2024.6 14220902business:PrivateLimitedCompanyLtd2023-08-012024-07-31 142209022023-07-31 142209022023-08-012024-07-31 14220902business:AuditExemptWithAccountantsReport2023-08-012024-07-31 14220902business:FilletedAccounts2023-08-012024-07-31 142209022024-07-31 14220902business:Director12023-08-012024-07-31 14220902business:Director22023-08-012024-07-31 14220902business:RegisteredOffice2023-08-012024-07-31 142209022023-07-31 14220902core:WithinOneYear2024-07-31 14220902core:WithinOneYear2023-07-31 14220902core:AfterOneYear2024-07-31 14220902core:AfterOneYear2023-07-31 14220902core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 14220902core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 14220902core:PreviouslyStatedAmount2024-07-31 14220902core:PreviouslyStatedAmount2023-07-31 14220902business:SmallEntities2023-08-012024-07-31 14220902countries:EnglandWales2023-08-012024-07-31 14220902core:PlantMachinery2023-08-012024-07-31 14220902core:PlantMachinery2023-07-31 14220902core:PlantMachinery2024-07-31 142209022022-07-072023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 14220902 (England and Wales)
Cordial Investments Spv 1 Ltd Unaudited accounts for the year ended 31 July 2024
Cordial Investments Spv 1 Ltd Unaudited accounts Contents
Page
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Cordial Investments Spv 1 Ltd Company Information for the year ended 31 July 2024
Directors
GABB, Jason Michael TOYNBEE, Tristan Michael
Company Number
14220902 (England and Wales)
Registered Office
Longfrey Cottage Dorking Road Chilworth Guildford Surrey GU4 8RH England
Accountants
Surrey Hills Accountancy Limited The Old Workshop Longfrey Cottage Dorking Road Chilworth GU4 8RH
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Cordial Investments Spv 1 Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,692 
- 
Current assets
Inventories
2,512,690 
950,455 
Debtors
65,794 
43,658 
Cash at bank and in hand
15,541 
21,742 
2,594,025 
1,015,855 
Creditors: amounts falling due within one year
(94,836)
(22,342)
Net current assets
2,499,189 
993,513 
Total assets less current liabilities
2,514,881 
993,513 
Creditors: amounts falling due after more than one year
(2,754,765)
(1,022,490)
Net liabilities
(239,884)
(28,977)
Capital and reserves
Profit and loss account
(239,884)
(28,977)
Shareholders' funds
(239,884)
(28,977)
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by
GABB, Jason Michael Director Company Registration No. 14220902
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Cordial Investments Spv 1 Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Cordial Investments Spv 1 Ltd is a private company, limited by shares, registered in England and Wales, registration number 14220902. The registered office is Longfrey Cottage, Dorking Road, Chilworth, Guildford, Surrey, GU4 8RH, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% SL
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2023
- 
Additions
20,870 
At 31 July 2024
20,870 
Depreciation
Charge for the year
5,178 
At 31 July 2024
5,178 
Net book value
At 31 July 2024
15,692 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
63,400 
43,658 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
2,394 
- 
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Cordial Investments Spv 1 Ltd Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
94,086 
21,923 
Loans from directors
- 
419 
Accruals
750 
- 
94,836 
22,342 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
789,345 
- 
Amounts owed to group undertakings and other participating interests
1,965,420 
1,022,490 
2,754,765 
1,022,490 
8
Transactions with related parties
Intercompany Balance: At the year-end, the intercompany balance due to the parent company amounted to £1,965,420.12 (2023: £1,022,490.26). A market-value compound interest rate of 10% was applied over the period, resulting in an interest charge of £195,155.34 (2023: £27,709.10).
9
Controlling party
During the year the company's 100% of shares were owned by Cordial Investments Limited, Longfrey Cottage Dorking Road, Chilworth, Guildford, England, GU4 8RH , Registration number 13534255 During the year the company owned 100% of shares inBROOMLANDS FARM MANAGEMENT COMPANY LIMITED, Longfrey Cottage, Dorking Road, Chilworth, United Kingdom, GU4 8RH , Registration number 15800323
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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