CORNHILL SECRETARIES LIMITED - Filleted accounts

Registered number

00461605

CORNHILL SECRETARIES LIMITED

Unaudited Filleted Accounts

31 December 2024

CORNHILL SECRETARIES LIMITED
Registered number:		00461605
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Current assets
Debtors	3	831,779			619,318
Cash at bank and in hand		60,617			115,360
		892,396			734,678

Creditors: amounts falling due within one year	4	(184,219)			(167,460)

Net current assets			708,177			567,218

Net assets			708,177			567,218

Capital and reserves
Called up share capital			100			100
Profit and loss account			708,077			567,118

Shareholders' funds			708,177			567,218

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.




Mr M R Lance
Director
Approved by the board on 24 December 2025

CORNHILL SECRETARIES 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 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.

	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees	2024		2023
Number			Number

	Average number of persons employed by the company	0		0


3	Debtors	2024		2023
£			£

	Trade debtors	815,990		600,695
	Amounts owed by group undertakings and undertakings in which the company has a participating interest	14,390		15,129
	Other debtors	1,399		3,494
		831,779		619,318


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

	Trade creditors	-		7,576
	Amounts owed to group undertakings and undertakings in which the company has a participating interest	127,695		133,787
	Taxation and social security costs	53,434		6,447
	Other creditors	3,090		19,650
		184,219		167,460


5	Controlling party

	The company's controlling party is The Cornhill Group Limited, a company registered in England.


6	Other information

	CORNHILL SECRETARIES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	5 Market Yard Mews
	194-204 Bermondsey Street
	London
	SE1 3TQ