Corkel Limited,Ltd - AccountsLtd - Accounts

Corkel Limited,Ltd - AccountsLtd - Accounts

CORKEL LIMITED - Company Information

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2018-04-01 05214214 2019-03-31 05214214 2018-04-01 2019-03-31 05214214 2018-03-31 05214214 2017-04-01 2018-03-31 05214214 uk-core:WithinOneYear 2018-03-31 05214214 uk-core:WithinOneYear 2019-03-31 05214214 uk-core:ShareCapital 2019-03-31 05214214 uk-core:ShareCapital 2018-03-31 05214214 uk-core:SharePremium 2019-03-31 05214214 uk-core:SharePremium 2018-03-31 05214214 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 05214214 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 05214214 uk-bus:Director1 2018-04-01 2019-03-31 05214214 uk-core:CostValuation 2018-03-31 05214214 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2018-03-31 05214214 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2019-03-31 05214214 uk-core:CostValuation 2019-03-31 05214214 uk-core:Non-currentFinancialInstruments 2019-03-31 05214214 uk-core:Non-currentFinancialInstruments 2018-03-31 iso4217:GBP 05214214 uk-bus:AuditExemptWithAccountantsReport 2018-04-01 2019-03-31 05214214 uk-bus:FRS102 2018-04-01 2019-03-31 05214214 uk-bus:FullAccounts 2018-04-01 2019-03-31 05214214 uk-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
Corkel Limited
Registered Number:05214214
For the year ended 31 March 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2019
Corkel Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2019
Corkel Limited
Statement of Financial Position
Registered Number :
05214214
£
£
2018
2019
Notes
Fixed assets
Financial assets
5,055,635
5,055,635
2
5,055,635
5,055,635
Trade and other payables: amounts falling due within one
year
(28,661)
(29,574)
3
(28,661)
(29,574)
Net current liabilities
Total assets less current liabilities
5,026,061
5,026,974
5,026,061
Net assets
5,026,974
Capital and reserves
Called up share capital
52,602
52,602
Share premium account
2,589,003
2,589,003
Retained earnings
2,384,456
2,385,369
5,026,061
5,026,974
Shareholders' funds
For the year ended 31 March 2019 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 of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Solomon Luke Reader Director
These financial statements were approved and authorised for issue by the Board on 19 September 2019 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2019
Corkel Limited
Notes to the Financial Statements
Statutory Information
Corkel Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
05214214.
Registered address:
Pleasureland
Marine Road West
Morecambe
Lancashire
LA4 4BU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare
consolidated accounts. The financial statements present information about the company as an individual entity and
not about its group.
Corkel Limited is a wholly owned subsidiary of Corkel Holdings Limited. Corkel Holdings Limites, and group headed
by it, qualifies as small, and so Corkel Holdings Limited does not prepare group accounts as it is not required to do
so.
2. Investments held as fixed assets
Shares in group and participating interests
Total
At 01 April 2018
5,055,635
5,055,635
Cost
£
£
At 31 March 2019
5,055,635
5,055,635
At 31 March 2019
Net book value
5,055,635
5,055,635
At 01 April 2018
5,055,635
5,055,635
2 of 3
5
For the year ended 31 March 2019
Corkel Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Trade creditors
17,675
17,675
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
10,047
8,455
Other creditors
1,852
2,531
29,574
28,661
4. Related party transactions
As at 31 March 2019, Johnny's Entertainments (Tyneside) Limited (a participating interest of the company) was owed
£10,047 (year ended 31 March 2018 - £8,455). This balance arose in relation to accountancy fees totalling £1,592.
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