CroftGB Ltd - Accounts to registrar (filleted) - small 23.2.5
CroftGB Ltd - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 May 2023 |
| for |
| CROFTGB LTD |
| CROFTGB LTD (REGISTERED NUMBER: 09266452) |
| Contents of the Financial Statements |
| for the Year Ended 31 May 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CROFTGB LTD |
| Company Information |
| for the Year Ended 31 May 2023 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| Northern Assurance Buildings |
| 9-21 Princess Street |
| Manchester |
| M2 4DN |
| CROFTGB LTD (REGISTERED NUMBER: 09266452) |
| Balance Sheet |
| 31 May 2023 |
| 2023 | 2022 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Investments | 5 |
| Investment property | 6 |
| Current assets |
| Debtors | 7 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 8 |
| Net current liabilities | ( |
) | ( |
) |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
9 |
| Net assets |
| Capital and reserves |
| Called up share capital | 11 |
| Retained earnings |
| Shareholders' funds |
| 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. |
| CROFTGB LTD (REGISTERED NUMBER: 09266452) |
| Balance Sheet - continued |
| 31 May 2023 |
| In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| CROFTGB LTD (REGISTERED NUMBER: 09266452) |
| Notes to the Financial Statements |
| for the Year Ended 31 May 2023 |
| 1. | Statutory information |
| CroftGB Ltd is a |
| 2. | Statement of compliance |
| 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. |
| 3. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rents receivable. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Taxation |
| 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. |
| 4. | Employees and directors |
| The average number of employees during the year was |
| 5. | Fixed asset investments |
| Shares in |
| group |
| undertakings |
| £ |
| Cost |
| At 1 June 2022 |
| and 31 May 2023 |
| Net book value |
| At 31 May 2023 |
| At 31 May 2022 |
| CROFTGB LTD (REGISTERED NUMBER: 09266452) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 May 2023 |
| 6. | Investment property |
| Total |
| £ |
| Cost |
| At 1 June 2022 |
| and 31 May 2023 |
| Net book value |
| At 31 May 2023 |
| At 31 May 2022 |
| The investment property is shown at cost. |
| 7. | Debtors: amounts falling due within one year |
| 2023 | 2022 |
| £ | £ |
| Other debtors |
| 8. | Creditors: amounts falling due within one year |
| 2023 | 2022 |
| £ | £ |
| Bank loans and overdrafts |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 9. | Creditors: amounts falling due after more than one year |
| 2023 | 2022 |
| £ | £ |
| Bank loans |
| 10. | Secured debts |
| The following secured debts are included within creditors: |
| 2023 | 2022 |
| £ | £ |
| Bank loans |
| The company's bankers hold as security for the loans a legal mortgage over the company's land and buildings and a fixed and floating charge over the assets of the company. |
| 11. | Called up share capital |
| Allotted and issued: |
| Number: | Class: | Nominal | 2023 | 2022 |
| value: | £ | £ |
| Ordinary A shares | £1 | 960 | 960 |
| Ordinary B shares | £1 | 40 | 40 |
| 1,000 | 1,000 |
| CROFTGB LTD (REGISTERED NUMBER: 09266452) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 May 2023 |
| 12. | Ultimate controlling party |
| The controlling party is R Croft. |