Silverfin false 31/12/2021 31/12/2021 01/01/2021 J K Sergeant 28/11/2017 07 September 2022 The principal activity of the Company is that of a holding company. 11084700 2021-12-31 11084700 bus:Director1 2021-12-31 11084700 2020-12-31 11084700 core:CurrentFinancialInstruments 2021-12-31 11084700 core:CurrentFinancialInstruments 2020-12-31 11084700 core:ShareCapital 2021-12-31 11084700 core:ShareCapital 2020-12-31 11084700 core:CostValuation 2020-12-31 11084700 core:CostValuation 2021-12-31 11084700 2021-01-01 2021-12-31 11084700 bus:FullAccounts 2021-01-01 2021-12-31 11084700 bus:SmallEntities 2021-01-01 2021-12-31 11084700 bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 11084700 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 11084700 bus:Director1 2021-01-01 2021-12-31 11084700 2020-01-01 2020-12-31 iso4217:GBP xbrli:pure

Company No: 11084700 (England and Wales)

THE CROWD GROUP LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2021
Pages for filing with the registrar

THE CROWD GROUP LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2021

Contents

THE CROWD GROUP LIMITED

BALANCE SHEET

As at 31 December 2021
THE CROWD GROUP LIMITED

BALANCE SHEET (continued)

As at 31 December 2021
Note 2021 2020
£ £
Fixed assets
Investments 3 1 1
1 1
Current assets
Debtors 4 1 1
1 1
Net current assets 1 1
Total assets less current liabilities 2 2
Net assets 2 2
Capital and reserves
Called-up share capital 2 2
Total shareholder's funds 2 2

For the financial year ending 31 December 2021 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of The Crowd Group Limited (registered number: 11084700) were approved and authorised for issue by the Director on 07 September 2022. They were signed on its behalf by:

J K Sergeant
Director
THE CROWD GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2021
THE CROWD GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2021
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Crowd Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 20-22 Wenlock Road, London, N1 7GU, England, United Kingdom. The principal place of business is 6th Floor County Gates House, 300 Poole Road, Westbourne, Dorset, BH12 1AZ.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Business Combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measure at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of combinations at the acquisition date if the adjustment is probable and can be measured reliably.

2. Employees

2021 2020
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Fixed asset investments

Investments in subsidiaries

2021
£
Cost
At 01 January 2021 1
0
At 31 December 2021 1
Carrying value at 31 December 2021 1
Carrying value at 31 December 2020 1

4. Debtors

2021 2020
£ £
Other debtors 1 1