REGISTERED NUMBER: 07265966 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

Corenetworking Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

19,625

29,787

19,625

29,787

CURRENT ASSETS

Debtors

6

940

979

Cash at bank

83,796

65,757

84,736

66,736

CREDITORS

Amounts falling due within one year

7

(10,020

)

(19,289

)

NET CURRENT ASSETS

74,716

47,447

TOTAL ASSETS LESS CURRENT LIABILITIES

94,341

77,234

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

94,331

77,224

SHAREHOLDERS' FUNDS

94,341

77,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 October 2026 and were signed by:

Mr I R Gregory - Director

1.	STATUTORY INFORMATION

Corenetworking Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07265966

Registered office:

2 Badgers Sett

Cuddington

Cheshire

CW8 2XB

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise fee are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Franchise

fee

£

COST

At 1 May 2025

and 30 April 2026

38,750

AMORTISATION

At 1 May 2025

and 30 April 2026

38,750

NET BOOK VALUE

At 30 April 2026

-

At 30 April 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2025

and 30 April 2026

4,385

39,250

2,959

46,594

DEPRECIATION

At 1 May 2025

4,275

9,813

2,719

16,807

Charge for year

110

9,812

240

10,162

At 30 April 2026

4,385

19,625

2,959

26,969

NET BOOK VALUE

At 30 April 2026

-

19,625

-

19,625

At 30 April 2025

110

29,437

240

29,787

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

940

979

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Taxation and social security

6,429

6,321

Other creditors

3,591

12,968

10,020

19,289