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Company Registration No. 08262816 (England and Wales)
Coreth Arts Limited Unaudited accounts for the year ended 31 October 2025
Coreth Arts Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Coreth Arts Limited Company Information for the year ended 31 October 2025
Director
Mark Coreth
Company Number
08262816 (England and Wales)
Registered Office
Opus House Cole Street Lane Gillingham SP8 5JQ United Kingdom
Accountants
K Whitehouse Rose Cottage Cole Street Lane Gillingham Dorset SP8 5JQ
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Coreth Arts Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
70,952
70,952
Tangible assets
5
293,675
286,340
364,627
357,292
Current assets
Inventories
146,920
105,155
Debtors
6
10,177
4,512
Cash at bank and in hand
47,557
(231,561)
204,654
(121,894)
Creditors: amounts falling due within one year
7
(341,430)
(57,295)
Net current liabilities
(136,776)
(179,189)
Net assets
227,851
178,103
Capital and reserves
Called up share capital
1,020
1,020
Profit and loss account
226,831
177,083
Shareholders' funds
227,851
178,103
For the year ending 31 October 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 4 February 2026 and were signed on its behalf by
Mark Coreth Director Company Registration No. 08262816
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Coreth Arts Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Coreth Arts Limited is a private company, limited by shares, registered in England and Wales, registration number 08262816. The registered office is Opus House, Cole Street Lane , Gillingham, SP8 5JQ, 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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 November 2024
70,952
At 31 October 2025
70,952
Amortisation
At 1 November 2024
-
At 31 October 2025
-
Net book value
At 31 October 2025
70,952
At 31 October 2024
70,952
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Coreth Arts Limited Notes to the Accounts for the year ended 31 October 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
296,538
-
1,217
7,587
305,342
Additions
-
2,917
6,263
-
9,180
At 31 October 2025
296,538
2,917
7,480
7,587
314,522
Depreciation
At 1 November 2024
12,323
-
1,155
5,524
19,002
Charge for the year
165
219
835
626
1,845
At 31 October 2025
12,488
219
1,990
6,150
20,847
Net book value
At 31 October 2025
284,050
2,698
5,490
1,437
293,675
At 31 October 2024
284,215
-
62
2,063
286,340
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
10,177
4,512
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
2,778
-
VAT
5,155
1,647
Trade creditors
46,917
6,822
Loans from directors
283,280
45,526
Accruals
3,300
3,300
341,430
57,295
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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