Registration number:
for the Year Ended
Corerobix Limited, formerly known as Corerobics Limited Trading as Corerobix Limited
Contents
Balance Sheet |
|
Notes to the Financial Statements |
Corerobix Limited, formerly known as Corerobics Limited Trading as Corerobix Limited
(Registration number: 09994947)
Balance Sheet as at 28 February 2019
Note |
2019 |
2018 |
|
Fixed assets |
|||
Tangible assets |
|
- |
|
Current assets |
|||
Cash at bank and in hand |
|
|
|
Creditors: Amounts falling due within one year |
( |
- |
|
Net current (liabilities)/assets |
( |
|
|
Net assets |
|
|
|
Capital and reserves |
|||
Called up share capital |
|
|
|
Profit and loss account |
|
- |
|
Total equity |
|
|
For the financial year ending 28 February 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
Director
Page 1 |
Corerobix Limited, formerly known as Corerobics Limited Trading as Corerobix Limited
Notes to the Financial Statements for the Year Ended 28 February 2019
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Tax
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Gym equipment |
20% straight line basis |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Page 2 |
Corerobix Limited, formerly known as Corerobics Limited Trading as Corerobix Limited
Notes to the Financial Statements for the Year Ended 28 February 2019
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Tangible assets |
Gym equipment |
Total |
|
Cost or valuation |
||
Additions |
|
|
At 28 February 2019 |
|
|
Depreciation |
||
Charge for the year |
|
|
At 28 February 2019 |
|
|
Carrying amount |
||
At 28 February 2019 |
|
|
Debtors |
2019 |
2018 |
|
- |
- |
Creditors |
Creditors: amounts falling due within one year
2019 |
2018 |
|
Due within one year |
||
Other creditors |
|
- |
Related party transactions |
Other transactions with directors |
During the year the director made loans to the company. At the balance sheet date the amount owed to the director was £743 (2018: £0). The loans are repayable on demand and are non interest bearing.
Page 3 |