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REGISTERED NUMBER: 07299725 (England and Wales)















CORKSCREW LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016






CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CORKSCREW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2016







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
Page 1
CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)

BALANCE SHEET
31 DECEMBER 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 229 906

CURRENT ASSETS
Debtors 5 65,565 15,578
Cash at bank and in hand 40,902 56,278
106,467 71,856
CREDITORS
Amounts falling due within one year 6 72,634 66,603
NET CURRENT ASSETS 33,833 5,253
TOTAL ASSETS LESS CURRENT
LIABILITIES
34,062
6,159

PROVISIONS FOR LIABILITIES 47 182
NET ASSETS 34,015 5,977

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 33,915 5,877
SHAREHOLDERS' FUNDS 34,015 5,977

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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.

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.

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 26 June 2017 and were signed by:





Mr N Finnie - Director


The notes form part of these financial statements

Page 2
CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016

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.
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 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2016 7,373
Additions 289
At 31 December 2016 7,662
DEPRECIATION
At 1 January 2016 6,467
Charge for year 966
At 31 December 2016 7,433
NET BOOK VALUE
At 31 December 2016 229
At 31 December 2015 906

Page 3 continued...
CORKSCREW LIMITED (REGISTERED NUMBER: 07299725)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2016

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors 58,527 11,396
Prepayments 7,038 4,182
65,565 15,578

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors 27,083 3,431
Tax 7,392 1,586
Social security and other taxes 842 754
Other creditors 5,591 -
Directors' current accounts - 4,790
Deferred income 30,226 54,842
Accrued expenses 1,500 1,200
72,634 66,603

Page 4