1 February 2024 false No description of principal activity Taxfiler 2024.6 11797865business:PrivateLimitedCompanyLtd2024-02-012025-01-31 117978652024-01-31 117978652024-02-012025-01-31 11797865business:AuditExempt-NoAccountantsReport2024-02-012025-01-31 11797865business:FilletedAccounts2024-02-012025-01-31 117978652025-01-31 11797865business:Director12024-02-012025-01-31 11797865business:RegisteredOffice2024-02-012025-01-31 117978652024-01-31 11797865core:WithinOneYear2025-01-31 11797865core:WithinOneYear2024-01-31 11797865core:AfterOneYear2025-01-31 11797865core:AfterOneYear2024-01-31 11797865core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 11797865core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 11797865core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 11797865core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 11797865core:PreviouslyStatedAmount2025-01-31 11797865core:PreviouslyStatedAmount2024-01-31 11797865business:SmallEntities2024-02-012025-01-31 11797865countries:EnglandWales2024-02-012025-01-31 117978652023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 11797865 (England and Wales)
CORNERSTONE NG & UK LTD Unaudited accounts for the year ended 31 January 2025
CORNERSTONE NG & UK LTD Unaudited accounts Contents
Page
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CORNERSTONE NG & UK LTD Company Information for the year ended 31 January 2025
Director
Olukunle A Sholagbade
Company Number
11797865 (England and Wales)
Registered Office
25 SALISBURY ROAD FLAT 7 FLAT 7 HART LODGE BARNET HERTFORDSHIRE EN5 4JW ENGLAND
Accountants
Dennis & Associates Accountants 28 -29 Maxwell Road Peterborough Cambridgeshire PE2 7JE
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CORNERSTONE NG & UK LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Inventories
- 
14,918 
Cash at bank and in hand
950 
1,927 
950 
16,845 
Creditors: amounts falling due within one year
(111)
- 
Net current assets
839 
16,845 
Total assets less current liabilities
839 
16,845 
Creditors: amounts falling due after more than one year
(16,628)
(29,396)
Net liabilities
(15,789)
(12,551)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(15,790)
(12,552)
Shareholders' funds
(15,789)
(12,551)
For the year ending 31 January 2025 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 director acknowledges his 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 and authorised for issue on 30 May 2025 and were signed on its behalf by
Olukunle A Sholagbade Director Company Registration No. 11797865
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CORNERSTONE NG & UK LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
CORNERSTONE NG & UK LTD is a private company, limited by shares, registered in England and Wales, registration number 11797865. The registered office is 25 SALISBURY ROAD FLAT 7, FLAT 7 HART LODGE, BARNET, HERTFORDSHIRE, EN5 4JW, 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.
4
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
111 
- 
5
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
6,102 
6,844 
Loans from directors
10,526 
22,552 
16,628 
29,396 
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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