REGISTERED NUMBER: 16165614 (England and Wales)

REVISED

Unaudited Financial Statements

for the Period 6 January 2025 to 31 January 2026

for

Cor-Line Systems Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Revised Financial Statements

4

DIRECTOR:

G R Pether

REGISTERED OFFICE:

1 The Matchyns

Rivenhall

Witham

Essex

CM8 3HA

REGISTERED NUMBER:

16165614 (England and Wales)

ACCOUNTANTS:

Granite Morgan Smith Limited

First Floor, 1 The Matchyns

London Road

Witham

Essex

CM8 3HA

FIXED ASSETS

Tangible assets

5

12,901

CURRENT ASSETS

Debtors

6

3,429

Cash at bank and in hand

24,029

27,458

CREDITORS

Amounts falling due within one year

7

41,127

NET CURRENT LIABILITIES

(13,669

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(768

)

CREDITORS

Amounts falling due after more than one year

8

(6,627

)

PROVISIONS FOR LIABILITIES

(3,225

)

NET LIABILITIES

(10,620

)

CAPITAL AND RESERVES

Called up share capital

12

Retained earnings

(10,632

)

(10,620

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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 27 October 2026 and were signed by:

G R Pether - Director

1.	REVISED FINANCIAL STATEMENTS

The financial statements for the period 6 January 2025 to 31 January 2026 have been revised.

They

-

replace the original financial statements;

-

are now the statutory financial statements;

-

are prepared as they were at the date of the original financial statements and not as at the date of revision and accordingly do not deal with events between those dates.

The previously filed financial statements contained errors in the presentation and classification of the Company's share capital and liabilities. The issued share capital was incorrectly stated and an amount representing funds advanced to the Company by a director/shareholder, which was repayable on demand, was incorrectly recognised as share premium within equity. Consequently, the financial statements did not correctly present the Company's share capital, equity and liabilities.

The financial statements have been amended to reflect the correct amount of issued share capital and to reclassify the amount incorrectly recorded as share premium to a loan payable to the director/shareholder. As the loan is repayable on demand, it has been presented within creditors falling due within one year. The relevant figures have been amended to reflect the corrected classification of equity and liabilities.

2.	STATUTORY INFORMATION

Cor-Line Systems Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

3.	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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the period 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

14,279

At 31 January 2026

14,279

DEPRECIATION

Charge for period

1,378

At 31 January 2026

1,378

NET BOOK VALUE

At 31 January 2026

12,901

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

3,336

Other debtors

93

3,429

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

4,591

Taxation and social security

5,045

Other creditors

31,491

41,127

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

6,627

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the director owed the company £4,595 in respect of his loan account. This loan is interest free and repayable on demand.