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Company Registration No. 10897707 (England and Wales)
Cornerstone Properties (Lancs) Ltd Unaudited accounts for the year ended 31 August 2024
Cornerstone Properties (Lancs) Ltd Unaudited accounts Contents
Page
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Cornerstone Properties (Lancs) Ltd Company Information for the year ended 31 August 2024
Director
Mustaq Mister
Company Number
10897707 (England and Wales)
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Cornerstone Properties (Lancs) Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
382,597 
382,597 
Current assets
Cash at bank and in hand
43,105 
5,059 
Creditors: amounts falling due within one year
(168,734)
(183,168)
Net current liabilities
(125,629)
(178,109)
Net assets
256,968 
204,488 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
256,868 
204,388 
Shareholders' funds
256,968 
204,488 
For the year ending 31 August 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 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 2 May 2025 and were signed on its behalf by
Mustaq Mister Director Company Registration No. 10897707
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Cornerstone Properties (Lancs) Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Cornerstone Properties (Lancs) Ltd is a private company, limited by shares, registered in England and Wales, registration number 10897707.
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
Investment property
2024 
£ 
Fair value at 1 September 2023
382,597 
At 31 August 2024
382,597 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
15,668 
17,592 
Other creditors
830 
830 
Loans from directors
152,236 
140,057 
Accruals
- 
24,689 
168,734 
183,168 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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