Cragg Vale Consultancy Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 07065086 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

FOR

CRAGG VALE CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Bingham

Mrs H L Bingham

Ms C Bingham

Ms L P Bingham

Ms S L Bingham

REGISTERED OFFICE:

Cob Castle

Coppy Nook Lane

Cragg Vale, Mytholmroyd

Hebden Bridge

HX7 5TU

REGISTERED NUMBER:

07065086 (England and Wales)

ACCOUNTANTS:

Cresswells

12 Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

FIXED ASSETS

Tangible assets

4

9,702

9,689

CURRENT ASSETS

Debtors

5

5,312

5,000

Investments

6

760,241

640,453

Cash at bank

206,075

166,942

971,628

812,395

CREDITORS

Amounts falling due within one year

7

205,993

197,925

NET CURRENT ASSETS

765,635

614,470

TOTAL ASSETS LESS CURRENT LIABILITIES

775,337

624,159

CREDITORS

Amounts falling due after more than one year

8

(18,814

)

(27,182

)

PROVISIONS FOR LIABILITIES

(1,455

)

(955

)

NET ASSETS

755,068

596,022

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

754,968

595,922

SHAREHOLDERS' FUNDS

755,068

596,022

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th December 2023 and were signed on its behalf by:

C Bingham - Director

1.	STATUTORY INFORMATION

Cragg Vale Consultancy 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.

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 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

-

15% on reducing balance, over 5 years and over 3 years

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 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2022

71,917

Additions

3,255

At 31st March 2023

75,172

DEPRECIATION

At 1st April 2022

62,228

Charge for year

3,242

At 31st March 2023

65,470

NET BOOK VALUE

At 31st March 2023

9,702

At 31st March 2022

9,689

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

42

-

Other debtors

5,270

5,000

5,312

5,000

6.	CURRENT ASSET INVESTMENTS

2023

2022

£

£

Other

760,241

640,453

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Bank loans and overdrafts

8,697

8,584

Taxation and social security

67,682

35,135

Other creditors

129,614

154,206

205,993

197,925

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Bank loans

18,814

27,182