Company Registration No. 12348592 (England and Wales)
The Croft Farm Ltd
Unaudited accounts
for the year ended 31 December 2022
The Croft Farm Ltd
Unaudited accounts
Contents
The Croft Farm Ltd
Company Information
for the year ended 31 December 2022
Director
Darren James Brady
Company Number
12348592 (England and Wales)
Registered Office
The Croft
Dagnall Road
Great Gaddesden
Hemel Hempstead
HP1 3BP
UK
Accountants
GATES FREEDMAN
Chartered Accountants
2nd Floor Sutherland House
70-78 West Hendon Broadway
London
NW9 7ER
The Croft Farm Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
4,338
3,079
Creditors: amounts falling due within one year
(125,193)
(9,641)
Net current (liabilities)/assets
(65,564)
3,426
Called up share capital
1
1
Profit and loss account
177,105
3,425
Shareholders' funds
177,106
3,426
For the year ending 31 December 2022 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 28 September 2023 and were signed on its behalf by
Darren James Brady
Director
Company Registration No. 12348592
The Croft Farm Ltd
Notes to the Accounts
for the year ended 31 December 2022
The Croft Farm Ltd is a private company, limited by shares, registered in England and Wales, registration number 12348592. The registered office is The Croft, Dagnall Road, Great Gaddesden, Hemel Hempstead, HP1 3BP, UK.
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 year, 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.
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:
Land & buildings
2% per annum
Motor vehicles
25% per annum
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
Additions
238,574
11,727
250,301
At 31 December 2022
238,574
11,727
250,301
Charge for the year
4,774
2,857
7,631
At 31 December 2022
4,774
2,857
7,631
At 31 December 2022
233,800
8,870
242,670
The Croft Farm Ltd
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
3,630
1,048
Loans from directors
2,723
7,173
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).
