Croome Holdings Limited,Ltd - AccountsLtd - Accounts

Croome Holdings Limited,Ltd - AccountsLtd - Accounts

CROOME HOLDINGS LIMITED - Company Information

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2021-01-01 07530007 2021-12-31 07530007 2021-01-01 2021-12-31 07530007 2020-12-31 07530007 2020-01-01 2020-12-31 07530007 uk-core:WithinOneYear 2020-12-31 07530007 uk-core:WithinOneYear 2021-12-31 07530007 uk-core:ShareCapital 2021-12-31 07530007 uk-core:ShareCapital 2020-12-31 07530007 uk-core:RetainedEarningsAccumulatedLosses 2021-12-31 07530007 uk-core:RetainedEarningsAccumulatedLosses 2020-12-31 07530007 uk-bus:Director1 2021-01-01 2021-12-31 07530007 uk-core:PlantMachinery 2021-01-01 2021-12-31 07530007 uk-core:ComputerEquipment 2021-01-01 2021-12-31 07530007 uk-core:CommercialMotorVehicles 2021-01-01 2021-12-31 07530007 uk-core:ComputerEquipment 2020-12-31 07530007 uk-core:CommercialMotorVehicles 2020-12-31 07530007 uk-core:PlantMachinery 2020-12-31 07530007 uk-core:PlantMachinery 2021-12-31 07530007 uk-core:CommercialMotorVehicles 2021-12-31 07530007 uk-core:ComputerEquipment 2021-12-31 iso4217:GBP xbrli:pure 07530007 uk-bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 07530007 uk-bus:FRS102 2021-01-01 2021-12-31 07530007 uk-bus:FullAccounts 2021-01-01 2021-12-31 07530007 uk-bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31
Croome Holdings Limited
Registered Number:07530007
For the year ended 31 December 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2021
Croome Holdings Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07530007
As at 31 December 2021
Croome Holdings Limited
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
712,758
712,711
2
712,758
712,711
Current assets
Trade and other receivables
2,335,896
2,744,002
3
61,717
Cash and cash equivalents
83,683
2,827,685
2,397,613
Trade and other payables: amounts falling due within one year
(2,423,372)
(2,616,100)
4
(25,759)
211,585
Net current assets
Total assets less current liabilities
924,343
686,952
(34,759)
(12,741)
Provisions for liabilities
889,584
Net assets
674,211
Capital and reserves
Called up share capital
50,100
50,100
Retained earnings
839,484
624,111
889,584
674,211
Shareholders' funds
For the year ended 31 December 2021 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 of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr David Croome Director
These financial statements were approved and authorised for issue by the Board on 06 June 2022 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2021
Croome Holdings Limited
Notes to the Financial Statements
Statutory Information
Croome Holdings Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 07530007.
Principal place of business:
Croome House
Cullet Drive
Queenborough
Kent
ME11 5JS
Registered address:
C/O Mackrell, Savoy Hill House
Savoy Hill
London
England
WC2R 0BU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Straight line
20% Straight line
Computer Equipment
25% Straight line
Motor Vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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5
For the year ended 31 December 2021
Croome Holdings Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or valuation
At 01 January 2021
3,998,216
31,319
2,884,408
1,082,489
342,823
-
-
342,823
Additions
-
(358,432)
(53,813)
Disposals
(412,245)
At 31 December 2021
1,371,499
2,525,976
31,319
3,928,794
Provision for depreciation and impairment
At 01 January 2021
3,285,505
21,253
2,334,454
929,798
Charge for year
342,776
2,360
270,821
69,595
(412,245)
-
(358,432)
(53,813)
On disposal
At 31 December 2021
3,216,036
23,613
2,246,843
945,580
At 31 December 2021
Net book value
425,919
279,133
7,706
712,758
At 31 December 2020
152,691
549,954
10,066
712,711
3. Trade and other receivables
2020
2021
£
£
Trade debtors
2,688,500
2,335,896
Other debtors
55,502
-
2,335,896
2,744,002
4. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Trade creditors
2,396,791
2,366,105
Taxation and social security
-
56,011
Other creditors
219,309
1,256
2,616,100
2,423,372
5. Average number of persons employed
During the year the average number of employees was 0
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