Company Registration No. 04144939 (England and Wales)
Diana Corbett Limited
Unaudited accounts
for the year ended 31 March 2020
Diana Corbett Limited
Statement of financial position
as at 31 March 2020
Investment property
3,284,999
3,284,999
Cash at bank and in hand
7,662
10,667
Creditors: amounts falling due within one year
(63,728)
(53,552)
Net current assets
178,843
190,324
Total assets less current liabilities
3,463,842
3,475,323
Creditors: amounts falling due after more than one year
(1,557,355)
(1,585,143)
Net assets
1,906,487
1,890,180
Called up share capital
100
100
Revaluation reserve
1,888,820
1,888,820
Profit and loss account
17,567
1,260
Shareholders' funds
1,906,487
1,890,180
For the year ending 31 March 2020 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 15 February 2021 and were signed on its behalf by
Peter Greene
Director
Company Registration No. 04144939
Diana Corbett Limited
Notes to the Accounts
for the year ended 31 March 2020
Diana Corbett Limited is a private company, limited by shares, registered in England and Wales, registration number 04144939. The registered office is 14 HOLYWELL ROW, LONDON, EC2A 4JB.
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.
Fair value at 1 April 2019
3,284,999
At 31 March 2020
3,284,999
Other debtors
227,113
231,065
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
27,827
26,635
Trade creditors
10,563
7,288
Taxes and social security
3,828
9,042
Other creditors
14,626
3,846
7
Creditors: amounts falling due after more than one year
2020
2019
Bank loans
1,557,355
1,585,143
8
Transactions with related parties
Included in Other Creditors are amounts owed to a related party entities of £9,051 (2019: £0).
Diana Corbett Limited
Notes to the Accounts
for the year ended 31 March 2020
9
Average number of employees
During the year the average number of employees was 0 (2019: 0).