Cryfield Surveys Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 13974074 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 14 MARCH 2022 TO 31 MARCH 2023

FOR

CRYFIELD SURVEYS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V Bradley

P D Singleton

REGISTERED OFFICE:

Rural Innovation Centre

Stoneleigh Park

Kenilworth

CV8 2LG

REGISTERED NUMBER:

13974074 (England and Wales)

ACCOUNTANTS:

Walker Thompson Ltd

Accountants and Registered Auditors

Empress House

43A Binley Road

Coventry

CV3 1HU

FIXED ASSETS

Tangible assets

4

41,250

CURRENT ASSETS

Debtors

5

57,497

Cash at bank

26,743

84,240

CREDITORS

Amounts falling due within one year

6

62,246

NET CURRENT ASSETS

21,994

TOTAL ASSETS LESS CURRENT LIABILITIES

63,244

CREDITORS

Amounts falling due after more than one year

7

14,592

NET ASSETS

48,652

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

48,552

SHAREHOLDERS' FUNDS

48,652

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 June 2023 and were signed on its behalf by:

V Bradley - Director

P D Singleton - Director

1.	STATUTORY INFORMATION

Cryfield Surveys Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of services, excluding value added tax. Turnover is recognised in the accounting period in which the service is carried out.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 3 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

Additions

30,000

21,000

51,000

At 31 March 2023

30,000

21,000

51,000

DEPRECIATION

Charge for period

4,500

5,250

9,750

At 31 March 2023

4,500

5,250

9,750

NET BOOK VALUE

At 31 March 2023

25,500

15,750

41,250

Fixed assets, included in the above, which are held under finance leases are as follows:

Motor

vehicles

£

COST

Additions

21,000

At 31 March 2023

21,000

DEPRECIATION

Charge for period

5,250

At 31 March 2023

5,250

NET BOOK VALUE

At 31 March 2023

15,750

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

52,523

Other debtors

4,974

57,497

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Finance leases

3,699

Taxation and social security

31,643

Other creditors

26,904

62,246

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Finance leases

14,592

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.