Accounts Submission


CORNERPIECE LIMITED

Company Registration Number:
06518933 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

CORNERPIECE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

CORNERPIECE LIMITED

Company Information

for the Period Ended 31 March 2020




Director: Geoffrey Edwin Ford
Secretary: Edwin Ford
Registered office: Crossways
South End
Longhoughton
Alnwick
Northumberland
NE66 3AW
Company Registration Number: 06518933 (England and Wales)

CORNERPIECE LIMITED

Directors' Report Period Ended 31 March 2020

The directors present their report with the financial statements of the company for the period ended 31 March 2020

Principal Activities

Web Design and Systems Development

Political and charitable donations

None

Company policy on the employment of disabled persons

None

Additional information

None

Directors

The directors shown below have held office during the whole of the period from 01 April 2019 to 31 March 2020
Geoffrey Edwin Ford

Secretary
Edwin Ford

This report was approved by the board of directors on 26 April 2020
And Signed On Behalf Of The Board By:

Name: Geoffrey Edwin Ford
Status: Director

CORNERPIECE LIMITED

Profit and Loss Account

for the Period Ended 31 March 2020


Notes

2020
£

2019
£
Gross Profit or (Loss) 145,500 131,950
Distribution Costs (4,424) (1,226)
Administrative Expenses (38,857) (38,243)
Operating Profit or (Loss) 102,219 92,481
Interest Receivable and Similar Income 43 15
Profit or (Loss) Before Tax 102,262 92,496
Tax on Profit (19,430) (17,574)
Profit or (Loss) for Period 82,832 74,922

The notes form part of these financial statements

CORNERPIECE LIMITED

Balance sheet

As at 31 March 2020


Notes

2020
£

2019
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 0 0
Debtors: 28,800 25,920
Cash at bank and in hand: 17,676 12,014
Total current assets: 46,476 37,934
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 24,385 ) ( 26,544 )
Net current assets (liabilities): 22,091 11,390
Total assets less current liabilities: 22,091 11,390
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 22,091 11,390

The notes form part of these financial statements

CORNERPIECE LIMITED

Balance sheet continued

As at 31 March 2020


Notes

2020
£

2019
£
Capital and reserves
Called up share capital: 12 12
Profit and loss account: 22,079 11,378
Shareholders funds: 22,091 11,390

For the year ending 31 March 2020 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 April 2020
And Signed On Behalf Of The Board By:

Name: Geoffrey Edwin Ford
Status: Director

The notes form part of these financial statements

CORNERPIECE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CORNERPIECE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 2. Employees


    2020

    2019
    Average number of employees during the period 2 2

CORNERPIECE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 3. Off balance sheet disclosure

    No

CORNERPIECE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Revaluation reserve


2020
£
Balance at 31 March 2020 0