4 Corners International Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04279363 (England and Wales)

Financial Statements for the Year Ended 31 August 2018

for

4 CORNERS INTERNATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J I Moore

REGISTERED OFFICE:

1 & 2 Studley Court Mews

Studley Court

Guildford Road

Chobham

Surrey

GU24 8EB

REGISTERED NUMBER:

04279363 (England and Wales)

ACCOUNTANTS:

THB LLP

1 & 2 Studley Court Mews

Studley Court

Guildford Road

Chobham

Surrey

GU24 8EB

FIXED ASSETS

Tangible assets

4

987

1,316

CURRENT ASSETS

Debtors

5

298

2,783

Cash at bank

41,249

64,614

41,547

67,397

CREDITORS

Amounts falling due within one year

6

64,871

68,511

NET CURRENT LIABILITIES

(23,324

)

(1,114

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(22,337

)

202

CAPITAL AND RESERVES

Called up share capital

7

2

2

Share premium

8

98

98

Retained earnings

8

(22,437

)

102

SHAREHOLDERS' FUNDS

(22,337

)

202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 14 March 2019 and were signed by:

Mr J I Moore - Director

1.	STATUTORY INFORMATION

4 Corners International 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.

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, 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.

Computer equipment

-

25% on reducing balance

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 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2017

and 31 August 2018

2,774

DEPRECIATION

At 1 September 2017

1,458

Charge for year

329

At 31 August 2018

1,787

NET BOOK VALUE

At 31 August 2018

987

At 31 August 2017

1,316

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Trade debtors

-

1,044

Other debtors

298

1,739

298

2,783

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.18

31.8.17

£

£

Trade creditors

713

42

Taxation and social security

345

167

Other creditors

63,813

68,302

64,871

68,511

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.18

31.8.17

value:

£

£

2

Ordinary

£1

2

2

8.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 September 2017

102

98

200

Deficit for the year

(22,539

)

(22,539

)

At 31 August 2018

(22,437

)

98

(22,339

)

9.	RELATED PARTY DISCLOSURES

At the end of the year the company owed an amount of £62,513 (2017 : £60,897) to Mr J Moore, the sole director and the

shareholder of the company.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J Moore, by virtue of the fact that he owns 100% of the company's issued share capital.