Cormallen Limited

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2

Registered number: 03783348

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Cash at bank and in hand		472		1,108

		472		1,108
Creditors: Amounts Falling Due Within One Year		(8,515 )		(7,308 )

NET CURRENT ASSETS (LIABILITIES)			(8,043 )		(6,200 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(8,043 )		(6,200 )

NET LIABILITIES			(8,043 )		(6,200 )

CAPITAL AND RESERVES
Called up share capital			2		2
Profit and Loss Account			(8,045 )		(6,202 )

SHAREHOLDERS' FUNDS			(8,043)		(6,200)

For the year ending 30 June 2025 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.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 June 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr H Richardson

Director

15 January 2026

The notes on page 2 form part of these financial statements.

1. General Information

Cormallen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03783348 . The registered office is 159 High Street, Barnet, EN5 5SU.

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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% on straight line

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Total
	£
Cost
As at 1 July 2024	23,632

As at 30 June 2025	23,632

Depreciation
As at 1 July 2024	23,632

As at 30 June 2025	23,632

Net Book Value
As at 30 June 2025	-

As at 1 July 2024	-

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