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REGISTERED NUMBER: 07634174 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Cortonwood Installation Services Ltd

Cortonwood Installation Services Ltd (Registered number: 07634174)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cortonwood Installation Services Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Mr D Allen





REGISTERED OFFICE: 8 Westfield Road
Brampton
Barnsley
South Yorkshire
S73 0UA





REGISTERED NUMBER: 07634174 (England and Wales)





ACCOUNTANTS: Harris & Co Limited
Chartered Accountants
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

Cortonwood Installation Services Ltd (Registered number: 07634174)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 1,292 1,519

CURRENT ASSETS
Debtors 6 136,525 121,542
Cash at bank 532 58
137,057 121,600
CREDITORS
Amounts falling due within one year 7 79,048 81,256
NET CURRENT ASSETS 58,009 40,344
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,301

41,863

CREDITORS
Amounts falling due after more than one
year

8

(14,110

)

(19,125

)

PROVISIONS FOR LIABILITIES (281 ) (288 )
NET ASSETS 44,910 22,450

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 44,810 22,350
SHAREHOLDERS' FUNDS 44,910 22,450

Cortonwood Installation Services Ltd (Registered number: 07634174)

Balance Sheet - continued
31 May 2024


The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2025 and were signed by:





Mr D Allen - Director


Cortonwood Installation Services Ltd (Registered number: 07634174)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Cortonwood Installation Services Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates
The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods and services falling within the company's ordinary activities.Turnover is recognised at the point of providing the goods and services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

All fixed assets are initially recorded at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Cortonwood Installation Services Ltd (Registered number: 07634174)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 June 2023
and 31 May 2024 6,039
DEPRECIATION
At 1 June 2023 4,520
Charge for year 227
At 31 May 2024 4,747
NET BOOK VALUE
At 31 May 2024 1,292
At 31 May 2023 1,519

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,083 21,806
Other debtors 110,442 99,736
136,525 121,542

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,750 8,750
Trade creditors 4,370 3,970
Taxation and social security 41,909 35,674
Other creditors 24,019 32,862
79,048 81,256

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 14,110 19,125

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

Cortonwood Installation Services Ltd (Registered number: 07634174)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
Mr D Allen
Balance outstanding at start of year 72,932 81,383
Amounts advanced 10,705 -
Amounts repaid - (8,451 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 83,637 72,932

Interest is charged on the above loan at 2.25%.