Company Registration No. 05432504 (England and Wales)
Cornford Property Management Limited
Unaudited accounts
for the year ended 31 March 2022
Cornford Property Management Limited
Unaudited accounts
Contents
Cornford Property Management Limited
Company Information
for the year ended 31 March 2022
Company Number
05432504 (England and Wales)
Registered Office
Corrie Edge House
Corry Road
Hindhead
Surrey
GU26 6PB
Accountants
Crossleys Chartered Certified Accountants
Corrie Edge House
Corry Road
Hindhead
Surrey
GU26 6PB
Cornford Property Management Limited
Statement of financial position
as at 31 March 2022
Inventories
277,784
277,784
Cash at bank and in hand
(10)
(151)
Creditors: amounts falling due within one year
(829,112)
(827,743)
Net current liabilities
(544,435)
(543,207)
Total assets less current liabilities
(543,951)
(542,543)
Creditors: amounts falling due after more than one year
(47,336)
(47,336)
Net liabilities
(591,287)
(589,879)
Profit and loss account
(592,287)
(590,879)
Shareholders' funds
(591,287)
(589,879)
For the year ending 31 March 2022 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 December 2022 and were signed on its behalf by
J Cornford
Director
Company Registration No. 05432504
Cornford Property Management Limited
Notes to the Accounts
for the year ended 31 March 2022
Cornford Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 05432504. The registered office is Corrie Edge House, Corry Road, Hindhead, Surrey, GU26 6PB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Cornford Property Management Limited
Notes to the Accounts
for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022
2021
Amounts owed to group undertakings and other participating interests
26,394
26,394
Other creditors
20,424
20,424
Loans from directors
781,819
780,385
7
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
47,336
47,336
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).
