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Company Registration No. 08149917 (England and Wales)
Corineus Capital Limited Unaudited accounts for the year ended 31 March 2025
Corineus Capital Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Corineus Capital Limited Company Information for the year ended 31 March 2025
Directors
Theodore William Henry Michell Brid Cliona Michell
Company Number
08149917 (England and Wales)
Registered Office
Kipson House, Selsey Road, Hunston Chichester West Sussex PO20 1AU United Kingdom
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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Corineus Capital Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
17,466
17,466
Tangible assets
5
2,578
4,281
Investments
6
344,222
344,222
364,266
365,969
Current assets
Debtors
7
19,960
26,498
Cash at bank and in hand
4,691
4,850
24,651
31,348
Creditors: amounts falling due within one year
8
(116,915)
(67,182)
Net current liabilities
(92,264)
(35,834)
Net assets
272,002
330,135
Capital and reserves
Called up share capital
2
2
Profit and loss account
272,000
330,133
Shareholders' funds
272,002
330,135
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 30 November 2025 and were signed on its behalf by
Theodore William Henry Michell Director Company Registration No. 08149917
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Corineus Capital Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Corineus Capital Limited is a private company, limited by shares, registered in England and Wales, registration number 08149917. The registered office is Kipson House, Selsey Road,, Hunston, Chichester, West Sussex, PO20 1AU, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance
Computer equipment
33% Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Trade debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Trade creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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Corineus Capital Limited Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Other
£
Cost
At 1 April 2024
17,466
At 31 March 2025
17,466
Amortisation
At 1 April 2024
-
At 31 March 2025
-
Net book value
At 31 March 2025
17,466
At 31 March 2024
17,466
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
18,174
3,689
21,863
Additions
-
149
149
At 31 March 2025
18,174
3,838
22,012
Depreciation
At 1 April 2024
15,748
1,834
17,582
Charge for the year
606
1,246
1,852
At 31 March 2025
16,354
3,080
19,434
Net book value
At 31 March 2025
1,820
758
2,578
At 31 March 2024
2,426
1,855
4,281
6
Investments
Other investments
£
Valuation at 1 April 2024
344,222
Valuation at 31 March 2025
344,222
7
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
4,800
Amounts due from group undertakings etc.
360
360
Accrued income and prepayments
-
1,738
Other debtors
19,600
19,600
19,960
26,498
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Corineus Capital Limited Notes to the Accounts for the year ended 31 March 2025
8
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,045
449
Trade creditors
-
31
Taxes and social security
119
378
Other creditors
115,751
66,324
116,915
67,182
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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