THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Company Registration Number:
11076756 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2025

Period of accounts

Start date: 1 December 2024

End date: 30 November 2025

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Contents of the Financial Statements

for the Period Ended 30 November 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Directors' report period ended 30 November 2025

The directors present their report with the financial statements of the company for the period ended 30 November 2025

Principal activities of the company

The principal activity of the company in the year under review was that of promotion of business interests in Cornwall and the Isles of Scilly.



Directors

The directors shown below have held office during the whole of the period from
1 December 2024 to 30 November 2025

Robert Salvoni
Richard Trant
Simon Staughton


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 August 2026

And signed on behalf of the board by:
Name: Robert Salvoni
Status: Director

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Balance sheet

As at 30 November 2025

Notes 2025 2024


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 5,000 6,000
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 5,000 6,000
Current assets
Stocks:   0 0
Debtors: 4 3,090 253
Cash at bank and in hand: 3,650 7,550
Investments:   0 0
Total current assets: 6,740 7,803
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 9,871 ) ( 11,934 )
Net current assets (liabilities): (3,131) (4,131)
Total assets less current liabilities: 1,869 1,869
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1,869 1,869
Capital and reserves
Called up share capital: 4 4
Share premium account: 0 0
Other reserves: 1,865 1,865
Total Shareholders' funds: 1,869 1,869

The notes form part of these financial statements

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Balance sheet statements

For the year ending 30 November 2025 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.

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 26 August 2026
and signed on behalf of the board by:

Name: Robert Salvoni
Status: Director

The notes form part of these financial statements

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Intangible fixed assets amortisation policy

    The website is being amortised evenly over its estimated useful life of ten years

    Other accounting policies

    Government grants Government grant income is recognised in the income statement when the related performance conditions have been met and the company becomes entitled to the grant. Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 December 2024 10,000 10,000
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 30 November 2025 10,000 10,000
Amortisation
At 1 December 2024 4,000 4,000
Charge for year 1,000 1,000
On disposals
Other adjustments
At 30 November 2025 5,000 5,000
Net book value
At 30 November 2025 5,000 5,000
At 30 November 2024 6,000 6,000

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

4. Debtors

2025 2024
£ £
Other debtors 3,090 253
Total 3,090 253

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 19 0
Taxation and social security 53 53
Accruals and deferred income 1,075 1,005
Other creditors 8,724 10,876
Total 9,871 11,934

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

6. Loans to directors

Name of director receiving advance or credit: Robert Salvoni
Description of the transaction:
The loan is interest free and was repaid in full after the year end.
£
Balance at 30 November 2024
Advances or credits made: 151
Advances or credits repaid:
Balance at 30 November 2025 151

COMMUNITY INTEREST ANNUAL REPORT

THE EMBASSY OF CORNWALL AND THE ISLES OF SCILLY CIC

Company Number: 11076756 (England and Wales)

Year Ending: 30 November 2025

Company activities and impact

Promoting of business interest in Cornwall and the Isles of Scilly.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
26 August 2026

And signed on behalf of the board by:
Name: Robert Salvoni
Status: Director