Company Registration No. 09922223 (England and Wales)
Cromwell Equity Limited
Unaudited accounts
for the year ended 31 December 2017
Cromwell Equity Limited
Unaudited accounts
Contents
Cromwell Equity Limited
Company Information
for the year ended 31 December 2017
Directors
MR ALLAN MALCOLM JOHN FREEMAN
MR MICHAEL PATTERSON
Company Number
09922223 (England and Wales)
Registered Office
88 WOOD STREET
10TH - 11TH FLOOR
LONDON
EC2V 7RS
ENGLAND
Cromwell Equity Limited
Statement of financial position
as at 31 December 2017
Cash at bank and in hand
151,331
Creditors: amounts falling due within one year
(260,417)
Net current assets
113,298
Profit and loss account
315,658
Shareholders' funds
315,659
For the year ending 31 December 2017 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 directors acknowledge their 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.
Approved by the Board on 5 November 2018.
MR MICHAEL PATTERSON
Director
Company Registration No. 09922223
Cromwell Equity Limited
Notes to the Accounts
for the year ended 31 December 2017
Cromwell Equity Limited is a private company, limited by shares, registered in England and Wales, registration number 09922223. The registered office is 88 WOOD STREET, 10TH - 11TH FLOOR, LONDON, EC2V 7RS, ENGLAND.
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 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.
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 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:
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
202,212
280
314
202,806
At 31 December 2017
202,212
280
314
202,806
Charge for the year
-
210
235
445
At 31 December 2017
-
210
235
445
At 31 December 2017
202,212
70
79
202,361
Cromwell Equity Limited
Notes to the Accounts
for the year ended 31 December 2017
Amounts due from group undertakings etc.
113,701
Accrued income and prepayments
2,403
6
Creditors: amounts falling due within one year
2017
Amounts owed to group undertakings and other participating interests
3,522
Taxes and social security
90,043
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
MR ALLAN MALCOLM JOHN FREEMAN
Directors Loan to be repaid within 12 months
-
20,000
-
20,000
Cash advance given to Mr Allan Freeman in the period.
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Average number of employees
During the year the average number of employees was 18.
