Coronado Property Developments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07811617

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,000		1,000

			1,000		1,000
CURRENT ASSETS
Debtors	5	1,347,269		1,310,186
Cash at bank and in hand		89,880		1,272

		1,437,149		1,311,458
Creditors: Amounts Falling Due Within One Year	6	(1,136,560 )		(841,367 )

NET CURRENT ASSETS (LIABILITIES)			300,589		470,091

TOTAL ASSETS LESS CURRENT LIABILITIES			301,589		471,091

Creditors: Amounts Falling Due After More Than One Year	7		(397,388 )		(222,845 )

NET (LIABILITIES)/ASSETS			(95,799 )		248,246

CAPITAL AND RESERVES
Called up share capital	8		1,000,001		1,000,001
Profit and Loss Account			(1,095,801 )		(751,755 )

SHAREHOLDERS' FUNDS			(95,800)		248,246

Page 1

Page 2

Coronado Property Developments Limited

Balance Sheet (continued)

As At 31 December 2024

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Bruce McGlew

Director

31/12/2024

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Coronado Property Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07811617 . The registered office is 6 Stamford Square, London, SW15 2BF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.3. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2024	-
Additions	1,000

As at 31 December 2024	1,000

Net Book Value
As at 31 December 2024	1,000

As at 1 January 2024	-

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	93,262	107,841
Other debtors	-	79,236

	93,262	187,077
Due after more than one year
Other debtors	1,082,381	1,011,273
Deferred tax current asset	171,626	111,836

	1,254,007	1,123,109

	1,347,269	1,310,186

Page 3

Page 4

Coronado Property Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	607,965	484,870
Other taxes and social security	8,515	5,288
VAT	115,962	147,826
Other creditors	404,118	203,383

	1,136,560	841,367

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Amounts owed to parent undertaking	397,388	222,845

The shareholder and group loans have been subordinated until such time as the assets fairly valued exceed liabilities.

The shareholder and group member have agreed to accept shares to be issued by the company in settlement of loans which is expected to have been completed by 31 October 2021.

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,000,001	1,000,001