ACCOUNTS - Final Accounts preparation

Registered number: 13020969

CORCENTRIC INTERNATIONAL LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

CORCENTRIC INTERNATIONAL LIMITED

REGISTERED NUMBER: 13020969

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	4		1,000		1,000
			1,000		1,000
Current assets
Cash at bank and in hand	5	1		1
		1		1
Total assets less current liabilities			1,001		1,001
Creditors: amounts falling due after more than one year	6		(1,000)		(1,000)

Net assets			1		1

Capital and reserves
Called up share capital	8	1	1
		1	1

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 September 2025.

___________________________

Mr M Joyce

Director

The notes on pages 2 to 4 form part of these financial statements.

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CORCENTRIC INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

The company is a private company lmited by share capital, incorporated in England & Wales. The
company number and registered office address are:
Company number: 13020969
Registered office address: 1 Castle Lane
   London
   England
   SW1E 6DR

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2024	1,000
	At 31 December 2024	1,000

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CORCENTRIC INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	1	1
	1	1

6.	Creditors: Amounts falling due after more than one year
		2024	2023
		£	£

Amounts owed to group undertakings	1,000	1,000
	1,000	1,000

The amount is owed to the ultimate parent company.

Security provided by way of charge

There are charges in favour of the Parent company's (i) bankers in the USA and (ii) finance company in the USA. There are no amounts owing to these financial instituitions by this company and its wholly owned subsidiary,
The charges comprise: all real property and all intellectual property, contains fixed charge and floating charge covering all the property or undertaking of the company and also contains negative pledge.

8.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

100 (2023 - 100) Ordinary shares of £0.01 each	1	1

9.	Controlling party

The company's ultimate parent undertaking is Corcentric, Inc. a company incorporated in the USA. Copies of group accounts can be obtained from Corcentric Inc, 200 Lake Drive East, Suite 200, Cherry Hill, NJ 08002 USA.

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CORCENTRIC INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

10.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 29 September 2025 by Mr Ashvin Shonchhatra FCA (Senior statutory auditor) on behalf of Ashon Limited.

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