Cornea Ventures Limited Accounts






Cornea Ventures Limited

	Company No. 14626407
		Information for Filing with The Registrar
		31 January 2026

The Directors present their report and the accounts for the year ended 31 January 2026.

Principal activities
The principal activity of the company during the year under review was investment activities.




Directors

The Directors who served at any time during the year were as follows:

J.P. Flanagan
I.C. Powell








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

J.P. Flanagan
Director
23 October 2026

at	31 January 2026
Company No.		14626407	Notes	2026	2025
				£	£
Fixed assets



	Investments		5	1,119,573	1,067,426
				1,119,573	1,067,426
Current assets



	Cash at bank and in hand			2,881	3,144
				2,881	3,144
Creditors: Amount falling due within one year			6	(13,420)	(13,202)
Net current liabilities				(10,539)	(10,058)
Total assets less current liabilities				1,109,034	1,057,368
Creditors: Amounts falling due after more than one year			7	(1,036,472)	(1,021,467)



Net assets				72,562	35,901

Capital and reserves




	Profit and loss account		9	72,562	35,901

Total equity				72,562	35,901



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 January 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 responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 23 October 2026 and signed on its behalf by:
J.P. Flanagan
Director
23 October 2026

for the year ended 31 January 2026

General information

Cornea Ventures Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 14626407

Its registered office is:

167-169 Great Portland St

5th Flloor

London

W1W 5PF

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover represents amounts receivable for services provided in the ordinary course of business, net of discounts, rebates, value added tax and other sales-related taxes.

Turnover is recognised when the company has transferred the significant risks and rewards of ownership of goods to the customer or, in the case of services, when the services have been provided, provided that the amount of revenue can be measured reliably and it is probable that the economic benefits will flow to the company.

Revenue from the provision of services is recognised by reference to the stage of completion of the transaction at the reporting date, where the outcome can be estimated reliably.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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 liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	12,220	12,002

		Total corporation tax	12,220	12,002





		Tax on profit on ordinary activities	12,220	12,002

		(b) Factors affecting the total tax charge for the period


		0	£	£
		Profit on ordinary activities before tax	48,881	49,445

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	12,220	12,361
		Expenses not deductible for tax purposes	-	(359)




		Tax on profit on ordinary activities	12,220	12,002

5	Investments
			Other investments	Total
			£	£
		Cost or valuation
		At 1 February 2025	1,067,426	1,067,426
		Additions	52,147	52,147


		At 31 January 2026	1,119,573	1,119,573
		Provisions/Impairment





		Net book values
		At 31 January 2026	1,119,573	1,119,573
		At 31 January 2025	1,067,426	1,067,426

6	Creditors:
		amounts falling due within one year
			2026	2025
			£	£






		Taxes and social security	12,220	12,002


		Accruals and deferred income	1,200	1,200
			13,420	13,202

7	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£






		Other creditors	1,036,472	1,021,467

			1,036,472	1,021,467

Share Capital

Ordinary shares

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.