Corium Treasury Limited,Ltd - AccountsLtd - Accounts

Corium Treasury Limited,Ltd - AccountsLtd - Accounts

CORIUM TREASURY LIMITED - Company Information

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2019-09-01 11496519 2020-08-31 11496519 2019-09-01 2020-08-31 11496519 2019-08-31 11496519 2018-08-02 2019-08-31 11496519 uk-core:WithinOneYear 2019-08-31 11496519 uk-core:WithinOneYear 2020-08-31 11496519 uk-core:ShareCapital 2020-08-31 11496519 uk-core:ShareCapital 2019-08-31 11496519 uk-core:RetainedEarningsAccumulatedLosses 2020-08-31 11496519 uk-core:RetainedEarningsAccumulatedLosses 2019-08-31 11496519 uk-bus:Director1 2019-09-01 2020-08-31 11496519 uk-core:ComputerEquipment 2019-09-01 2020-08-31 11496519 2 uk-bus:Director1 2019-09-01 2020-08-31 11496519 2 uk-bus:Director1 2020-08-31 11496519 2 uk-bus:Director1 2019-08-31 iso4217:GBP xbrli:pure 11496519 uk-bus:AuditExemptWithAccountantsReport 2019-09-01 2020-08-31 11496519 uk-bus:FRS102 2019-09-01 2020-08-31 11496519 uk-bus:FullAccounts 2019-09-01 2020-08-31 11496519 uk-bus:PrivateLimitedCompanyLtd 2019-09-01 2020-08-31
Corium Treasury Limited
Registered Number:11496519
For the year ended 31 August 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2020
Corium Treasury Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
11496519
As at 31 August 2020
Corium Treasury Limited
Statement of Financial Position
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
2,199
405
2
2,199
405
Current assets
Trade and other receivables
5,100
26,577
3
13,049
Cash and cash equivalents
4,891
31,468
18,149
Trade and other payables: amounts falling due within one
year
(15,639)
(13,919)
4
2,510
17,549
Net current assets
Total assets less current liabilities
19,748
2,915
19,748
Net assets
2,915
Capital and reserves
Called up share capital
100
100
Retained earnings
19,648
2,815
19,748
2,915
Shareholders' funds
For the year ended 31 August 2020 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 August 2020 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.
James Leather Director
These financial statements were approved and authorised for issue by the Board on 24 May 2021 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2020
Corium Treasury Limited
Notes to the Financial Statements
Statutory Information
Corium Treasury Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11496519.
Principal place of business:
Flat A
215 Elgin Avenue
London
W9 1NH
Registered address:
Hillside
Kelvedon Road
Inworth, Colchester
Essex
CO5 9SH
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Reducing balance
Computer Equipment
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5
For the year ended 31 August 2020
Corium Treasury Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 September 2019
450
2,344
Additions
At 31 August 2020
2,794
Provision for depreciation and impairment
At 01 September 2019
45
Charge for year
550
At 31 August 2020
595
At 31 August 2020
Net book value
2,199
At 31 August 2019
405
3. Trade and other receivables
2019
2020
£
£
Trade debtors
4,657
5,100
Amounts owed by directors
4,820
-
Other debtors
17,100
-
5,100
26,577
4. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Taxation and social security
13,919
1,077
Accruals and deferred income
-
324
Directors' loan accounts
-
5,238
Other creditors
-
9,000
13,919
15,639
5. Related party transactions
The company is controlled by the Director James Leather whom together with his immediate associates controls
100% of the voting rights of thge company.
During the period the Director James Leather received interim dividends in the sum of £12,000 in respect of his
shareholding in the company.
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6
For the year ended 31 August 2020
Corium Treasury Limited
Notes to the Financial Statements Continued
6. Directors advances and guarantees
At 01/09/2019
Loaned
At 31/08/2020
£
£
£
James Leather
Interest free loan advance
21,920
-
21,920
21,920
-
21,920
The loan details includes amounts loaned to James Leather's immediate associates.
7. Average number of persons employed
During the year the average number of employees was 2 (2019 : 2)
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