CORNISH COMPETITIONS LTD - Filleted accounts

Registered number

15480772

CORNISH COMPETITIONS LTD

Filleted Accounts

28 February 2025

CORNISH COMPETITIONS LTD
Registered number:		15480772
Balance Sheet
as at 28 February 2025

Notes			2025
£
Creditors: amounts falling due within one year	3	(831)

Net current liabilities			(831)

Net liabilities			(831)

Capital and reserves
Called up share capital			2
Profit and loss account			(833)

Shareholders' funds			(831)

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.




S Maxwell
Director
Approved by the board on 14 January 2026

CORNISH COMPETITIONS LTD
Notes to the Accounts
for the period from 10 February 2024 to 28 February 2025


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).The company is currently insolvent. The Directors have decided not to continue with the trading and will apply to have the company dissolved in due course.

	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.

	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.


2	Employees					2025
Number

	Average number of persons employed by the company					2


3	Creditors: amounts falling due within one year					2025
£

	Trade creditors					840
	Other creditors					(9)
						831


4	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	S Maxwell
	Directors loan account	-		(46)		38		(8)

	C Shadforth
	Directors loan account	-		(1)		-		(1)

		-		(47)		38		(9)


5	Controlling party

	The company is controlled by its directors.


6	Other information

	CORNISH COMPETITIONS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	3 Oak Terrace
	Holmside
	Edmonsley
	Durham
	DH7 6ET