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REGISTERED NUMBER: 07299725 (England and Wales)















CORKSCREW LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017






CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CORKSCREW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2017







DIRECTOR: Mr N Finnie





REGISTERED OFFICE: 11-15 Dix's Field
Exeter
Devon
EX1 1QA





REGISTERED NUMBER: 07299725 (England and Wales)





ACCOUNTANTS: My Business Centre Limited
Jacob's Pool House
11 West Street
Okehampton
Devon
EX20 1HQ

CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)

ABRIDGED BALANCE SHEET
31 DECEMBER 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,345 229

CURRENT ASSETS
Debtors 53,810 65,565
Cash at bank and in hand 57,384 40,902
111,194 106,467
CREDITORS
Amounts falling due within one year 83,407 72,634
NET CURRENT ASSETS 27,787 33,833
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,132

34,062

PROVISIONS FOR LIABILITIES 1,776 47
NET ASSETS 35,356 34,015

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 35,256 33,915
SHAREHOLDERS' FUNDS 35,356 34,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 13 March 2018 and were signed by:





Mr N Finnie - Director


CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017

1. STATUTORY INFORMATION

Corkscrew Limited is a private company, limited by shares , registered in England and Wales. The
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
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Computer equipment - 25% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the
period of the lease.

Grants received
Grants are credited to deferred income. Grants towards capital expenditure are released to the profit
and loss account over the useful life of the assets. Grants towards revenue expenditure are released
to the profit and loss account as the related expenditure is incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2016 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2017 7,662
Additions 12,260
At 31 December 2017 19,922
DEPRECIATION
At 1 January 2017 7,433
Charge for year 3,144
At 31 December 2017 10,577
NET BOOK VALUE
At 31 December 2017 9,345
At 31 December 2016 229