Crivallian Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09896755 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2020

for

Crivallian Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr D R Hodgson

Mrs K Hodgson

REGISTERED OFFICE:

12-14 Percy Street

Rotherham

South Yorkshire

S65 1ED

REGISTERED NUMBER:

09896755 (England and Wales)

ACCOUNTANTS:

SMH Andertons Liversidge Ltd

12-14 Percy Street

Rotherham

South Yorkshire

S65 1ED

FIXED ASSETS

Tangible assets

4

4,032

3,277

CURRENT ASSETS

Debtors

5

19,887

44,254

Cash at bank

131,868

130,248

151,755

174,502

CREDITORS

Amounts falling due within one year

6

10,340

33,626

NET CURRENT ASSETS

141,415

140,876

TOTAL ASSETS LESS CURRENT LIABILITIES

145,447

144,153

CAPITAL AND RESERVES

Called up share capital

7

10

10

Retained earnings

145,437

144,143

SHAREHOLDERS' FUNDS

145,447

144,153

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 20 July 2021 and were signed on its behalf by:

Mrs K Hodgson - Director

1.	STATUTORY INFORMATION

Crivallian 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 etc

-

25% on reducing balance and 20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2020

7,953

Additions

2,668

At 31 December 2020

10,621

DEPRECIATION

At 1 January 2020

4,676

Charge for year

1,913

At 31 December 2020

6,589

NET BOOK VALUE

At 31 December 2020

4,032

At 31 December 2019

3,277

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

(480

)

15,869

Other debtors

20,367

28,385

19,887

44,254

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

363

361

Taxation and social security

6,578

28,820

Other creditors

3,399

4,445

10,340

33,626

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

100

Ordinary

0.10

10

10

8.	RELATED PARTY DISCLOSURES

NRD Ventures Limited

A company in which Dr D R Hodgson is a shareholder

Loan to company

Amount due from related party at the balance sheet date £20,000 (£20,000 - 2019)