COMPANY REGISTRATION NUMBER:
15263859
|
Coral Investment Holdings Ltd |
|
|
Filleted Unaudited Financial Statements |
|
|
Coral Investment Holdings Ltd |
|
|
Statement of Financial Position |
|
31 March 2025
Current assets
|
Creditors: amounts falling due within one year |
5 |
586,911 |
|
--------- |
|
Net current liabilities |
6,444 |
|
------- |
|
Total assets less current liabilities |
(
6,444) |
|
------- |
|
Net liabilities |
(
6,444) |
|
------- |
|
|
|
Capital and reserves
|
Called up share capital |
2 |
|
Profit and loss account |
(
6,446) |
|
------- |
|
Shareholders deficit |
(
6,444) |
|
------- |
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
6 August 2025
, and are signed on behalf of the board by:
|
Mr P.A. Baudet |
Mr. S. Kenny |
|
Director |
Director |
|
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Company registration number:
15263859
|
Coral Investment Holdings Ltd |
|
|
Notes to the Financial Statements |
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Period from 6 November 2023 to 31 March 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Devonshire House, 582 Honeypot Lane, Stanmore, HA7 1JS.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The directors confirm that the shareholders will continue to provide financial support to the company so that it will have adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.
4.
Debtors
|
31 Mar 25 |
|
£ |
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Other debtors |
580,467 |
|
--------- |
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5.
Creditors:
amounts falling due within one year
|
31 Mar 25 |
|
£ |
|
Other creditors |
586,911 |
|
--------- |
|
|