Corporate Performance Limited - Filleted accounts

Registered number

09497891

Corporate Performance Limited

Filleted Accounts

31 December 2024

Corporate Performance Limited
Registered number:		09497891
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		12,154			14,179

Current assets
Debtors	4	263,088			186,850
Cash at bank and in hand		21,876			7,675
		284,964			194,525

Creditors: amounts falling due within one year	5	(251,598)			(166,541)

Net current assets			33,366			27,984

Total assets less current liabilities			45,520			42,163

Creditors: amounts falling due after more than one year	6		(4,278)			(22,008)



Net assets			41,242			20,155

Capital and reserves
Called up share capital			100			100
Profit and loss account			41,142			20,055

Shareholders' funds			41,242			20,155

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M R Poole
Director
Approved by the board on 30 September 2025

Corporate Performance Limited
Notes to the Accounts
for the year ended 31 December 2024

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 10 years
	IT, office and trading equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			3		4

3	Tangible fixed assets
		Land and buildings		IT, office & trading equipment		Total
£			£		£
	Cost
	At 1 January 2024	20,255		2,787		23,042
	At 31 December 2024	20,255		2,787		23,042

	Depreciation
	At 1 January 2024	6,076		2,787		8,863
	Charge for the year	2,025		-		2,025
	At 31 December 2024	8,101		2,787		10,888

	Net book value
	At 31 December 2024	12,154		-		12,154
	At 31 December 2023	14,179		-		14,179


4	Debtors			2024		2023
£					£

	Trade debtors			52,669		18,054
	Other debtors			210,419		168,796
				263,088		186,850


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Bank loans and overdrafts			12,000		7,232
	Trade creditors			16,300		-
	Taxation and social security costs			223,298		156,449
	Other creditors			-		2,860
				251,598		166,541


6	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			4,278		22,008


7	Loans to directors

	At the balance sheet date, the company had loaned the Directors £210,419 (at 31 December 2023 the loans where £168,796)


8	Other information

	Corporate Performance Limited is a private company limited by shares and incorporated in England. Its registered office is:
	83 High Street
	Old Oxted
	Surrey
	RH8 9LN