ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

CRATUS REGIONAL LIMITED - Company Information

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Caseware UK (AP4) 2018.0.111 2018.0.111 2019-01-312019-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseNo description of principal activityfalse2018-02-01 07764735 2018-02-01 2019-01-31 07764735 2019-01-31 07764735 2018-01-31 07764735 c:Director3 2018-02-01 2019-01-31 07764735 d:CurrentFinancialInstruments 2019-01-31 07764735 d:CurrentFinancialInstruments 2018-01-31 07764735 d:CurrentFinancialInstruments d:WithinOneYear 2019-01-31 07764735 d:CurrentFinancialInstruments d:WithinOneYear 2018-01-31 07764735 d:ShareCapital 2019-01-31 07764735 d:ShareCapital 2018-01-31 07764735 d:RetainedEarningsAccumulatedLosses 2019-01-31 07764735 d:RetainedEarningsAccumulatedLosses 2018-01-31 07764735 c:FRS102 2018-02-01 2019-01-31 07764735 c:AuditExempt-NoAccountantsReport 2018-02-01 2019-01-31 07764735 c:FullAccounts 2018-02-01 2019-01-31 07764735 c:PrivateLimitedCompanyLtd 2018-02-01 2019-01-31 iso4217:GBP

Registered number: 07764735









CRATUS REGIONAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2019
 
CRATUS REGIONAL LIMITED
REGISTERED NUMBER: 07764735

BALANCE SHEET
AS AT 31 JANUARY 2019

2019
2018
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
39,597
11,451

Cash at bank and in hand
 5 
291
3,820

  
39,888
15,271

Creditors: amounts falling due within one year
 6 
(39,096)
(17,369)

Net current assets/(liabilities)
  
 
 
792
 
 
(2,098)

  

Net assets/(liabilities)
  
792
(2,098)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
692
(2,198)

  
792
(2,098)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

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.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 October 2019.



N Kilby
Director


The notes on pages 2 to 4 form part of these financial statements.

Page 1
 
CRATUS REGIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2019

1.


General information

Middlemarch Communications Limited is a company limited by shares and incorporated in England. The address of the registered office is Regina House, 124 Finchley Road, London, NW3 5JS and its principal place of business is 57 Southwark Street, Southwark, London, SE1 1RU.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Revenue

Revenue  comprises communication consultancy services for new housing, retail, logistics and renewable energy projects in provincial, rural and coastal communities.  Income is recognised in the statement of comprehensive income on completion of milestones as per the agreements. 

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.5

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors and loans from third parties.

 
2.6

Creditors

Short term creditors are measured at the transaction price. 

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 2
 
CRATUS REGIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2019

2.Accounting policies (continued)

 
2.8

Taxation

Tax is recognised in the statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


3.


Employees

The company's fellow subsidiary, Cratus Communications Limited, employs the personnel who are involved in the activities of this company. Cratus Communications Limited makes a charge to Rubber Duckiee Limited for the cost of such personnel.


4.


Debtors

2019
2018
£
£


Trade debtors
23,733
11,451

Amounts owed by group undertakings
10,908
-

Other debtors
4,956
-

39,597
11,451



5.


Cash and cash equivalents

2019
2018
£
£

Cash at bank and in hand
291
3,820

291
3,820


Page 3
 
CRATUS REGIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2019

6.


Creditors: Amounts falling due within one year

2019
2018
£
£

Trade creditors
8,294
9,103

Amounts owed to group undertakings
22,938
7,006

Corporation tax
63
-

Other taxation and social security
3,401
60

Other creditors
3,200
-

Accruals
1,200
1,200

39,096
17,369



7.


Controlling party

The immediate and ultimate parent undertaking is The Advocacy Group Limited and the ultimate controlling party is N Kilby.

 
Page 4