Company Registration No. 10244034 (England and Wales)
COROFIN ASSOCIATES LIMITED
Unaudited accounts
for the year ended 30 June 2021
COROFIN ASSOCIATES LIMITED
Unaudited accounts
Contents
COROFIN ASSOCIATES LIMITED
Company Information
for the year ended 30 June 2021
Company Number
10244034 (England and Wales)
Registered Office
WESLEY OFFICES 74 SILVER STREET
NAILSEA
BRISTOL
BS48 2DS
UNITED KINGDOM
Accountants
Tempo Accounting Limited
74 Silver Street
Nailsea
Bristol
N. Somerset
BS48 2DS
COROFIN ASSOCIATES LIMITED
Statement of financial position
as at 30 June 2021
Cash at bank and in hand
27,993
54,650
Creditors: amounts falling due within one year
(16,086)
(37,618)
Net current assets
11,907
17,032
Called up share capital
10
10
Profit and loss account
11,897
17,022
Shareholders' funds
11,907
17,032
For the year ending 30 June 2021 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 28 March 2022 and were signed on its behalf by
Dermot Flahive
Director
Company Registration No. 10244034
COROFIN ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 30 June 2021
COROFIN ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10244034. The registered office is WESLEY OFFICES 74 SILVER STREET, NAILSEA, BRISTOL, BS48 2DS, UNITED KINGDOM.
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
33% Straight Line
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
15,743
36,278
Loans from directors
343
1,340
COROFIN ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 30 June 2021
6
Average number of employees
During the year the average number of employees was 0 (2020: 0).