Company Registration No. 13523700 (England and Wales)
CORE MERCHANT SERVICES LTD
Unaudited accounts
for the year ended 31 December 2024
CORE MERCHANT SERVICES LTD
Unaudited accounts
Contents
CORE MERCHANT SERVICES LTD
Company Information
for the year ended 31 December 2024
Company Number
13523700 (England and Wales)
Registered Office
5A FALKLAND ROAD
LONDON
NW5 2PS
ENGLAND
CORE MERCHANT SERVICES LTD
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
9,067
617
Creditors: amounts falling due within one year
(9,476)
(3,360)
Net current assets/(liabilities)
13,614
(2,743)
Total assets less current liabilities
13,614
(2,743)
Creditors: amounts falling due after more than one year
(4,548)
(4,548)
Net assets/(liabilities)
9,066
(7,291)
Called up share capital
(100)
(100)
Profit and loss account
9,166
(7,191)
Shareholders' funds
9,066
(7,291)
For the year ending 31 December 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 her 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 5 April 2025 and were signed on its behalf by
Rosie CHALMERS
Director
Company Registration No. 13523700
CORE MERCHANT SERVICES LTD
Notes to the Accounts
for the year ended 31 December 2024
CORE MERCHANT SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 13523700. The registered office is 5A FALKLAND ROAD, LONDON, NW5 2PS, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ British Pounds
Change in Reporting Currency
From January 1, 2023, our reporting currency has been changed from Euros (EUR) to British Pounds (GBP). Comparative figures for previous periods have been restated to GBP using applicable exchange rates. This change is in accordance with IAS 21.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,836
-
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
4,548
4,548
As of the balance sheet date, the company owed the shareholder Mr J Cole the amount of €5,108.00 by way of a shareholder's loan.
This is an interest-free loan to the company and is included in other creditors falling due after more than one year.
The balance of the shareholder loan is recorded in the reporting currency and measured at fair value, with changes recognised through the Profit and Loss Statement
CORE MERCHANT SERVICES LTD
Notes to the Accounts
for the year ended 31 December 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).