REGISTERED NUMBER: 13387179 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

8 CORNFIELD TERRACE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr H Ovaisi

Mr H Ovaisi

Miss A Asadigohar

REGISTERED OFFICE:

Unit 3-4

Daltongate Business Centre

Ulverston

Cumbria

LA12 7AJ

REGISTERED NUMBER:

13387179 (England and Wales)

ACCOUNTANTS:

J F Hornby & Co

Chartered Accountants

The Tower

Daltongate Business Centre

Daltongate

Ulverston

Cumbria

LA12 7AJ

BANKERS:

Barclays Bank

63/67 Terminus Road

Eastbourne

BN21 3NE

FIXED ASSETS

Tangible assets

4

122,903

104,927

CURRENT ASSETS

Stocks

7,000

-

Debtors

2,150

3,217

Cash at bank

8,566

594

17,716

3,811

CREDITORS

Amounts falling due within one year

218,275

117,414

NET CURRENT LIABILITIES

(200,559

)

(113,603

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(77,656

)

(8,676

)

CAPITAL AND RESERVES

Called up share capital

5

98

98

Share premium

169,988

169,988

Retained earnings

(247,742

)

(178,762

)

SHAREHOLDERS' FUNDS

(77,656

)

(8,676

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by:

Mr H Ovaisi - Director

1.	STATUTORY INFORMATION

8 Cornfield Terrace Limited 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 (£).

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.

The financial statements have been prepared on the going concern basis.

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.

Improvements to property

-

2% on cost

Plant and machinery

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2025

111,042

Additions

27,615

At 31 January 2026

138,657

DEPRECIATION

At 1 February 2025

6,115

Charge for year

9,639

At 31 January 2026

15,754

NET BOOK VALUE

At 31 January 2026

122,903

At 31 January 2025

104,927

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

70

A Ordinary

£1

70

70

16

B Ordinary

£1

10

10

12

C Ordinary

£1

18

18

98

98

6.	RELATED PARTY DISCLOSURES

At 31st January 2026, HO Property 5 Ltd, a company of which Mr H Ovaisi is a director and shareholder, owed the company £2,150 (2025: £2,150)

At 31st January 2026, the company owed HO Property 3 Ltd, a company of which Mr H Ovaisi is a director and shareholder, £69,300 (2025: £36,000)

At 31st January 2026, the company owed SO Legal Ltd, a company of which Mr H Ovaisi is a director and shareholder, £2,595 (2025: £927)

At 31st January 2026, the company owed HO Property 6 Ltd, a company of which Mr H Ovaisi is a director and shareholder, £10,000 (2025: £10,000)

At 31st January 2026, the company owed HO Property 4 Ltd, a company of which Mr H Ovaisi is a director and shareholder, £3,500 (2025: £Nil)

At 31st January 2026, the company owed HO Property 5 Ltd, a company of which Mr H Ovaisi is a director and shareholder, £600 (2025: £Nil)

At 31st January 2026, the company owed The Old Library Ulverston Ltd, a company of which Mr H Ovaisi is a director and shareholder, £2,000 (2025: £Nil)

At 31st January 2026, the company owed HOHO Properties Ltd, a company of which Mr H Ovaisi is a director and shareholder, £5,183 (2025: £Nil)

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr H Ovaisi.