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Company Registration No. 16121793 (England and Wales)
Cornishnests Ltd Unaudited accounts for the period from 8 December 2024 to 31 December 2025
Cornishnests Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Cornishnests Ltd Company Information for the period from 8 December 2024 to 31 December 2025
Director
Timothy David PASCOE
Company Number
16121793 (England and Wales)
Registered Office
21 Castle Rise Truro Cornwall TR1 3AA England
Accountants
BRENDAN THOMAS BUMBLE BEE ACCOUNTANCY LTD The Bristol Office 2nd Floor 5 High Street, Westbury-On-Trym Bristol BS9 3BY
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Cornishnests Ltd Statement of financial position as at 31 December 2025
2025
Notes
£
Fixed assets
Tangible assets
4
317,416
Current assets
Cash at bank and in hand
3,181
Creditors: amounts falling due within one year
5
(115,936)
Net current liabilities
(112,755)
Total assets less current liabilities
204,661
Creditors: amounts falling due after more than one year
6
(205,754)
Net liabilities
(1,093)
Capital and reserves
Called up share capital
100
Profit and loss account
(1,193)
Shareholders' funds
(1,093)
For the period ending 31 December 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 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 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 and authorised for issue on 7 January 2026 and were signed on its behalf by
Timothy David PASCOE Director Company Registration No. 16121793
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Cornishnests Ltd Notes to the Accounts for the period from 8 December 2024 to 31 December 2025
1
Statutory information
Cornishnests Ltd is a private company, limited by shares, registered in England and Wales, registration number 16121793. The registered office is 21 Castle Rise, Truro, Cornwall, TR1 3AA, England.
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 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:
Land & buildings
No depreciation charged
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 8 December 2024
-
Additions
317,416
At 31 December 2025
317,416
Depreciation
At 31 December 2025
-
Net book value
At 31 December 2025
317,416
5
Creditors: amounts falling due within one year
2025
£
Bank loans and overdrafts
11,053
Loans from directors
104,334
Accruals
549
115,936
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Cornishnests Ltd Notes to the Accounts for the period from 8 December 2024 to 31 December 2025
6
Creditors: amounts falling due after more than one year
2025
£
Bank loans
205,754
7
Average number of employees
During the period the average number of employees was 0.
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