The Corner Group Limited - Period Ending 2016-03-31

Registration number: 06406757

The Corner Group Limited

Annual Report and Unaudited Accounts

for the Year Ended 31 March 2016
 

HML Davies Ltd
Chartered Certified Accountants
Unit 9 Riverside
Waters Meeting Road
Bolton
BL1 8TU

The Corner Group Limited
(Registration number: 06406757)
Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Investments		2			2			2
Current assets
Cash at bank and in hand					97			97
Net assets					99			99
Capital and reserves
Called up share capital		3			99			99
Shareholders' funds					99			99

For the year ending 31 March 2016 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

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.

Approved and authorised for issue by the Board on 23 November 2016 and signed on its behalf by:

.........................................
Mr WM Taylor
Company secretary and director

The notes on page 2 form an integral part of these financial statements.
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The Corner Group Limited
Notes to the financial statements for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Trading status

The company was dormant and has not traded during the year.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Investments held as fixed assets

		2016 £			2015 £
Shares in group undertakings and participating interests		2			2

Shares in group undertakings and participating interests

		Subsidiary undertakings £			Total £
Cost
At 1 April 2015		2			2
At 31 March 2016		2			2
Net book value
At 31 March 2016		2			2
At 31 March 2015		2			2

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		99			99			99			99

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