Company Registration No. 09922223 (England and Wales)
Cromwell Equity Limited
Unaudited accounts
for the period from 1 January 2018 to 31 March 2019
Cromwell Equity Limited
Unaudited accounts
Contents
Cromwell Equity Limited
Company Information
for the period from 1 January 2018 to 31 March 2019
Directors
MR ALLAN MALCOLM JOHN FREEMAN
MR MICHAEL PATTERSON
Company Number
09922223 (England and Wales)
Registered Office
2nd Floor, Altitude Building
Atlas Business Park
Manchester
M22 5PR
Cromwell Equity Limited
Statement of financial position
as at 31 March 2019
Tangible assets
13,889
202,361
Cash at bank and in hand
144,290
151,331
Creditors: amounts falling due within one year
(587,996)
(594,554)
Net current assets/(liabilities)
323,186
(225,636)
Net assets/(liabilities)
339,869
(23,275)
Called up share capital
1
1
Profit and loss account
339,868
(23,276)
Shareholders' funds
339,869
(23,275)
For the period ending 31 March 2019 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 directors acknowledge their 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.
Approved by the Board on 30 December 2019.
MR ALLAN MALCOLM JOHN FREEMAN
Director
Company Registration No. 09922223
Cromwell Equity Limited
Notes to the Accounts
for the period from 1 January 2018 to 31 March 2019
Cromwell Equity Limited is a private company, limited by shares, registered in England and Wales, registration number 09922223. The registered office is 2nd Floor, Altitude Building, Atlas Business Park, Manchester, M22 5PR.
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 period, 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.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Cromwell Equity Limited
Notes to the Accounts
for the period from 1 January 2018 to 31 March 2019
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2018
202,212
-
280
314
202,806
Additions
-
17,949
-
-
17,949
Disposals
(202,212)
-
-
-
(202,212)
At 31 March 2019
-
17,949
280
314
18,543
At 1 January 2018
-
-
210
235
445
Charge for the period
-
4,060
70
79
4,209
At 31 March 2019
-
4,060
280
314
4,654
At 31 March 2019
-
13,889
-
-
13,889
At 31 December 2017
202,212
-
70
79
202,361
Amounts due from group undertakings etc.
501,457
113,701
Accrued income and prepayments
3,149
2,403
Other debtors
262,136
101,333
7
Creditors: amounts falling due within one year
2019
2017
Trade creditors
222,510
22,071
Amounts owed to group undertakings and other participating interests
-
3,522
Taxes and social security
19,990
16,457
Other creditors
351,496
552,504
Loans from directors
(6,000)
-
All Director's Loans balances have been cleared. No outstanding Directors Loan Balance.
9
Average number of employees
During the period the average number of employees was 18 (2017: 18).
