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REGISTERED NUMBER: 00481299 (England and Wales)








Unaudited Financial Statements

for the Year Ended

31 March 2025

for

Cornbow Properties Limited

Cornbow Properties Limited (Registered number: 00481299)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cornbow Properties Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: G J Goodman
G N Goodman
D G Goodman





REGISTERED OFFICE: Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT





REGISTERED NUMBER: 00481299 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Cornbow Properties Limited (Registered number: 00481299)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 210,000 203,394
210,000 203,394

CURRENT ASSETS
Investments 6 478,650 463,344
Cash at bank 78,097 105,019
556,747 568,363
CREDITORS
Amounts falling due within one year 7 195,417 195,972
NET CURRENT ASSETS 361,330 372,391
TOTAL ASSETS LESS CURRENT
LIABILITIES

571,330

575,785

CAPITAL AND RESERVES
Called up share capital 1,002 1,002
Capital redemption reserve 1 1
Fair value reserve 8 6,606 -
Retained earnings 563,721 574,782
SHAREHOLDERS' FUNDS 571,330 575,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Cornbow Properties Limited (Registered number: 00481299)

Balance Sheet - continued
31 March 2025


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 Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by:




G J Goodman - Director



G N Goodman - Director


Cornbow Properties Limited (Registered number: 00481299)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Cornbow Properties 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

Cornbow Properties Limited (Registered number: 00481299)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2024
and 31 March 2025 208
DEPRECIATION
At 1 April 2024
and 31 March 2025 208
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 203,394
Revaluations 6,606
At 31 March 2025 210,000
NET BOOK VALUE
At 31 March 2025 210,000
At 31 March 2024 203,394

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2025 6,606
Cost 203,394
210,000

Investment property was revalued on an open market basis on 31st March 2025 by the Directors.

6. CURRENT ASSET INVESTMENTS
2025 2024
£    £   
Other 478,650 463,344

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Social security and other taxes 417 947
Other creditors 191,730 191,755
Accrued expenses 3,270 3,270
195,417 195,972

Cornbow Properties Limited (Registered number: 00481299)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. RESERVES
Fair
value
reserve
£   
Transfer to fair value reserve 6,606

At 31 March 2025 6,606

9. RELATED PARTY DISCLOSURES

Amounts due to directors of the company as at 31st March 2025 totalled £540 (2024 £540).