2025-05-01 2026-04-30 15614242 Corze Property Limited false 15614242 2025-05-01 2026-04-30 15614242 uk-bus:Director1 2025-05-01 2026-04-30 15614242 uk-bus:AuditExempt-NoAccountantsReport 2025-05-01 2026-04-30 15614242 uk-bus:SmallEntities 2025-05-01 2026-04-30 15614242 uk-bus:FullAccounts 2025-05-01 2026-04-30 15614242 uk-bus:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 15614242 2025-05-01 15614242 2026-04-30 15614242 2025-04-30 xbrli:pure iso4217:GBP 15614242 2024-05-01 2025-04-30

Company Registration Number : 15614242 (England and Wales)
15614242
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2026-04-30
false
Corze Property Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2025-05-01
Corze Property Limited Unaudited filleted financial statements For the year ended 30 April 2026

Corze Property Limited Contents For the year ended 30 April 2026

CONTENTS | PAGE
Company Information | 3
Accountant's Report | 4
Statement of Financial Position | 5
Notes to the Financial Statements | 6 - 9

Corze Property Limited Company Information For the year ended 30 April 2026

Company registration number |  | 15614242 (England and Wales)
Directors |  | Eugene Stafford
|  | Antony Stafford
Registered office address |  | 246 Park View
|  | Whitley Bay
|  | NE26 3QX
Accountant |  | Harrison Hutchinson Ltd
|  | Chartered Accountants
|  | 246 Park View
|  | Whitley Bay
|  | Tyne and Wear
|  | NE26 3QX

Corze Property Limited Accountant's report For the year ended 30 April 2026

Chartered Accountant's report to the board of Directors on the preparation of the unaudited statutory accounts of Corze Property Limited for the year ended 30 April 2026.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Corze Property Limited for the year ended 30 April 2026 which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulations. This report is made solely to the Board of Directors of Corze Property Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Corze Property Limited and state those matters that we have agreed to state to the Board of Directors of Corze Property Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Corze Property Limited and its Board of Directors, as a body, for our work or for this report. It is your duty to ensure that Corze Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Corze Property Limited. You consider that Corze Property Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Corze Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Harrison Hutchinson Ltd
Chartered Accountants 246 Park View Whitley Bay Tyne and Wear NE26 3QX
2026-06-18 Date: 18 June 2026

4

Corze Property Limited Statement of Financial Position For the year ended 30 April 2026

|  |  | 2026 |  | 2025
| Notes |  | £ |  | £
Fixed assets |  |  |  |  |
Property, plant and equipment |  |  | 480 |  | -
Investment Property |  |  | 205,127 |  | 136,229
| 11 |  | 205,607 |  | 136,229
Current assets |  |  |  |  |
Debtors |  |  | - |  | 28,500
Cash and cash equivalents | 7 |  | 5,438 |  | 2,616
|  |  | 5,438 |  | 31,116
Current liabilities |  |  |  |  |
Creditors: Amounts falling due within one year | 8 |  | (113,787) |  | (114,059)
Corporation tax payable |  |  | (582) |  | (10,122)
|  |  | (114,369) |  | (124,181)
Net current (liabilities)/assets |  |  | (108,931) |  | (93,065)
Total assets less current liabilities |  |  | 96,676 |  | 43,164
Non-current liabilities |  |  |  |  |
Creditors: Amounts falling due after more than one year | 9 |  | (67,500) |  | -
Net assets/(liabilities) |  |  | 29,176 |  | 43,164
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 10 |  | 10
Retained earnings |  |  | 29,166 |  | 43,154
Shareholder's funds |  |  | 29,176 |  | 43,164
For the year ended 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A. The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
For the year ended 30 April 2026 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared 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.
Approved by the Board on 26 June 2026
.............................
Eugene Stafford (Director)
Company registration number: 15614242

/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */

Balance sheet at 2026-04-30 30 April 2026
|  |  |  | 2026 |  | 2025
|  |  |  | £ |  | £
Fixed Assets |  |  |  | 205,607 |  | 136,229
Current Assets |  |  |  | 5,438 |  | 31,116
Cash in Hand/Bank |  |  |  | 5,438 |  | 2,616
Creditors: amounts falling due within one year |  |  |  | (114,369) |  | (124,181)
Net current assets/(liabilities) |  |  |  | (108,931) |  | (93,065)
Total assets less current liabilities |  |  |  | 96,676 |  | 43,164
CREDITORS: Amounts falling due more than one year |  |  |  | (67,500) |  | 0
Net Assets/(liabilities) |  |  |  | 29,176 |  | 43,164
Capital and Reserves |  |  |  | 29,176 |  | 43,164
Called up share capital |  |  |  | 10 |  | 10
Profit and loss account |  |  |  | 29,166 |  | 43,154
SHAREHOLDER'S FUND |  |  |  | 29,176 |  | 43,164
For the year ending 30/04/2026 the company was entitled to exemption 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. For the year ending 30-04-2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 26 June 2026 2026-06-26 and signed on behalf of the board, |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Eugene Stafford |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |
Company registration number: 15614242 |  |  |  |  |  |  |  |  |  |

Corze Property Limited Notes to the Financial Statements For the year ended 30 April 2026

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 246 Park View, Whitley Bay, NE26 3QX.
(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.
(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Interest income
Interest income is recognised using the effective interest method.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:
Asset class and depreciation rate
Land and Buildings | 25% straight line
Plant and Machinery |
Short Leasehold Properties |
Investment Properties |
Long Leasehold Properties |
Commercial Vehicles |
Fixtures and Fittings |
Equipment |
Motor Cars |
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement 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 current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
(4) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.
(5) Employees
During the year, the average number of employees including director was 0 (2025 : 0).
(6) Investment Property
| Investment Properties
| £
Cost |
As at 01 May 2025 | 136,229
Additions | 68,898
As at 30 April 2026 | 205,127
Depreciation |
As at 30 April 2026 | -
Net book value |
As at 30 April 2026 | 205,127
As at 30 April 2025 | 136,229
(7) Cash and cash equivalents
| 2026 |  | 2025
| £ |  | £
Bank balance | 5,438 |  | 2,616
| 5,438 |  | 2,616
(8) Creditors: Amounts falling due within one year
| 2026 |  | 2025
| £ |  | £
Bank loans and overdrafts | 86,600 |  | 103,660
Other creditors | 25,754 |  | 8,966
Accruals and deferred income | 1,433 |  | 1,433
| 113,787 |  | 114,059
(9) Creditors: Amounts falling due after more than one year
| 2026 |  | 2025
| £ |  | £
Bank loans and overdrafts | 67,500 |  | -
| 67,500 |  | -
(10) Directors advances, credit and guarantees
At 30th April 2026, E. Stafford, a director had an outstanding loan of £254 (2024 - £8,966) to the company.
(11) Fixed assets
| Tangible £ | Investments Property £ | Totals £
Cost |  |  |
As at 01 May 2025 | - | 136,229 | 136,229
Additions | 640 | 68,898 | 69,538
As at 30 April 2026 | 640 | 205,127 | 205,767
Depreciation/Amortisation |  |  |
For the year | 160 | - | 160
As at 30 April 2026 | 160 | - | 160
Net book value |  |  |
As at 30 April 2026 | 480 | 205,127 | 205,607
As at 30 April 2025 | - | 136,229 | 136,229