Coracow Limited Filleted accounts for Companies House (small and micro)
Coracow Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
07856643
|
|
|
|
FINANCIAL STATEMENTS |
YEAR ENDED 31 DECEMBER 2020
Contents |
Pages |
Balance sheet
1
Notes to the financial statements
2 to 3
|
BALANCE SHEET |
2020 |
2019 |
|
Note |
£ |
£ |
Fixed assets
Tangible assets |
4 |
|
|
Current assets
Cash at bank and in hand |
|
|
Creditors: amounts falling due within one year |
5 |
(
|
(
|
------------ |
------------ |
||
Net current liabilities |
(
|
(
|
|
------------ |
------------ |
||
Total assets less current liabilities |
(
|
(
|
|
------------ |
------------ |
||
Net liabilities |
(
|
(
|
|
------------ |
------------ |
||
Capital and reserves
Called up share capital |
6 |
|
|
Profit and loss account |
(
|
(
|
|
------------ |
------------ |
||
Shareholders deficit |
(
|
(
|
|
------------ |
------------ |
||
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
17 September 2021
, and are signed on behalf of the board by:
Company registration number:
07856643
|
NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 31 DECEMBER 2020
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Higher Lydgate Park, Grasscroft, Oldham, OL4 4EF.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Taxation
Operating leases
Tangible assets
Financial instruments
4.
Tangible assets
Freehold property |
|
£ |
|
Cost |
|
At 1 January 2020 |
|
Additions |
|
------------ |
|
At 31 December 2020 |
|
------------ |
|
Depreciation |
|
At 1 January 2020 and 31 December 2020 |
– |
------------ |
|
Carrying amount |
|
At 31 December 2020 |
|
------------ |
|
At 31 December 2019 |
|
------------ |
|
Included in the cost of land and buildings is freehold land of £53,543 (2019: £48,836) which is not depreciated.
5.
Creditors:
amounts falling due within one year
2020 |
2019 |
|
£ |
£ |
|
Accruals and deferred income |
|
|
Other creditors |
– |
30,000 |
Directors' loan account |
147,968
|
45,467
|
------------ |
------------ |
|
|
|
|
------------ |
------------ |
|
6.
Called up share capital
Issued, called up and fully paid
2020 |
2019 |
|||
No. |
£ |
No. |
£ |
|
|
|
1 |
|
1 |
------------ |
------------ |
------------ |
------------ |
|
7.
Related party transactions
Transactions with directors The directors' loan account of £147,968 (2019: £45,467) set out at note 6 above is unsecured, repayable on demand and currently interest free. Included within other creditors is an amount of £Nil (2019: £30,000) in respect of an outstanding loan owed to Domalo Limited. This loan was unsecured, repayable on demand and currently interest-free. This company had common directors and shareholders.
8.
Ultimate controlling party
There is no one controlling party of the company.