Company Registration No. 03566237 (England and Wales)
CORALDENE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021
PAGES FOR FILING WITH REGISTRAR
CORALDENE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CORALDENE LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2021
30 November 2021
- 1 -
2021
2020
Notes
£
£
£
£
Fixed assets
Tangible assets
3
9,621
9,621
Current assets
Cash at bank and in hand
1,563
1,563
Creditors: amounts falling due within one year
4
(12,802)
(12,802)
Net current liabilities
(11,239)
(11,239)
Total assets less current liabilities
(1,618)
(1,618)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(1,620)
(1,620)
Total equity
(1,618)
(1,618)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 30 November 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 June 2022 and are signed on its behalf by:
T G Phillips
Director
Company Registration No. 03566237
CORALDENE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021
- 2 -
1
Accounting policies
Company information
Coraldene Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and address can be found on the Company Information page.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Going concern
As at the balance sheet date the liabilities of the company exceeded the assets by £1,618. The accounts have still been prepared on a going concern basis as the directors have confirmed they will not withdraw their support of the company (Directors loan of £9,494 included in other creditors) in the foreseeable future.
true
1.3
Profit and loss account
The company has not traded during the year or the preceding financial period. During
this time,
the company received no income and incurred no expenditure and therefore no
Profit and loss account
is presented
in these financial statements.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2021
2020
Number
Number
Total
2
2
CORALDENE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2021
- 3 -
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 December 2020 and 30 November 2021
9,621
Depreciation and impairment
At 1 December 2020 and 30 November 2021
Carrying amount
At 30 November 2021
9,621
At 30 November 2020
9,621
4
Creditors: amounts falling due within one year
2021
2020
£
£
Trade creditors
3,308
3,308
Other creditors
9,494
9,494
12,802
12,802