Corinthian Land Limited - Accounts to registrar (filleted) - small 18.2
Corinthian Land Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2017 |
| for |
| Corinthian Land Limited |
| Corinthian Land Limited (Registered number: 07219364) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Corinthian Land Limited |
| Company Information |
| for the Year Ended 31 December 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Corinthian Land Limited (Registered number: 07219364) |
| Balance Sheet |
| 31 December 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | 8 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| Corinthian Land Limited (Registered number: 07219364) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2017 |
| 1. | STATUTORY INFORMATION |
| Corinthian Land Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Going concern |
| The financial statements have been prepared on the basis as the directors have received assurances from the |
| company's major creditor that they will continue to provide financial support for the foreseeable future. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| Additions |
| At 31 December 2017 |
| DEPRECIATION |
| Charge for year |
| At 31 December 2017 |
| NET BOOK VALUE |
| At 31 December 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Other debtors |
| Corinthian Land Limited (Registered number: 07219364) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary | £1 | 201 | 201 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 January 2017 | ( |
) |
| Deficit for the year | ( |
) |
| At 31 December 2017 | ( |
) |
| 9. | CONTINGENT LIABILITIES |
| The company has entered into a venture capital arrangement with a party to whom, upon a successful |
| authority planning application outcome, a share of profits shall be distributed. The outcome and its scope is |
| not yet determined and therefore it is not possible to presently estimate the amount of any share of profits |
| payable. |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 December 2017 and |
| 31 December 2016: |
| 2017 | 2016 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| Corinthian Land Limited (Registered number: 07219364) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2017 |
| 11. | RELATED PARTY DISCLOSURES |
| Sennybridge Limited |
| A company under the significant influence of SJC Wright director, and Mrs R Wright, director and shareholder. |
| Loans to the value of £771,998 were made during the year (2016 - £560,000) |
| Purchases of goods and services were made to the value of £104,200 (2016 - £144,300) |
| 2017 | 2016 |
| £ | £ |
| Amount due from related party at the balance sheet date | 1,331,998 | 560,000 |
| The loan is repayable on demand. |
| Sennybridge (Hayle) Limited |
| A company under the significant influence of Mrs R Wright, director and shareholder. |
| Loans to the value of £1,165,305 were made during the year (2016 - 820,000) |
| 2017 | 2016 |
| £ | £ |
| Amount due from related party at the balance sheet date | 1,985,305 | 820,000 |
| The loan is repayable on demand. |
| A company under the significant influence of Mr S Wright, director and shareholder. |
| Loans to the value of £45,325 were made during the year. (2016 Nil) |
| 2017 | 2016 |
| £ | £ |
| Amount due from related party at the balance sheet date | - |
| The loan is repayable on demand. |
| RJ and DE Limited |
| A company under the significant influence of AJ, CJ, RJ and SJ Billings, directors and shareholders. |
| Advances to the value of £3,332,636 were received during the year (2016 - £3,563,498) |
| 2017 | 2016 |
| £ | £ |
| Amount advanced by related party at the balance sheet date | (9,212,077 | ) | (5,879,440 | ) |
| 12. | ULTIMATE CONTROLLING PARTY |