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Company Registration No. 12300321 (England and Wales)
Croft Commercials Transport Limited Unaudited accounts for the year ended 31 March 2022
Croft Commercials Transport Limited Unaudited accounts Contents
Page
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Croft Commercials Transport Limited Company Information for the year ended 31 March 2022
Directors
Stephen Meadowcroft Michael Robinson
Company Number
12300321 (England and Wales)
Registered Office
UNIT 6 DUTTONS WAY SHADSWORTH BUSINESS PARK BLACKBURN LANCASHIRE BB1 2QR UNITED KINGDOM
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Croft Commercials Transport Limited Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,617 
26,153 
Current assets
Debtors
66,464 
108,510 
Cash at bank and in hand
96,660 
87,988 
163,124 
196,498 
Creditors: amounts falling due within one year
(79,750)
(170,809)
Net current assets
83,374 
25,689 
Total assets less current liabilities
107,991 
51,842 
Creditors: amounts falling due after more than one year
(87,265)
(44,444)
Net assets
20,726 
7,398 
Capital and reserves
Called up share capital
300 
200 
Profit and loss account
20,426 
7,198 
Shareholders' funds
20,726 
7,398 
For the year ending 31 March 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 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.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2022 and were signed on its behalf by
Stephen Meadowcroft Director Company Registration No. 12300321
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Croft Commercials Transport Limited Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Croft Commercials Transport Limited is a private company, limited by shares, registered in England and Wales, registration number 12300321. The registered office is UNIT 6 DUTTONS WAY, SHADSWORTH BUSINESS PARK, BLACKBURN, LANCASHIRE, BB1 2QR, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
20%
Fixtures & fittings
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2021
3,500 
31,371 
34,871 
Additions
500 
4,118 
4,618 
At 31 March 2022
4,000 
35,489 
39,489 
Depreciation
At 1 April 2021
875 
7,843 
8,718 
Charge for the year
625 
5,529 
6,154 
At 31 March 2022
1,500 
13,372 
14,872 
Net book value
At 31 March 2022
2,500 
22,117 
24,617 
At 31 March 2021
2,625 
23,528 
26,153 
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Croft Commercials Transport Limited Notes to the Accounts for the year ended 31 March 2022
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
3,085 
9,245 
Trade debtors
60,621 
97,265 
Accrued income and prepayments
758 
- 
Other debtors
2,000 
2,000 
66,464 
108,510 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
5,556 
5,556 
Trade creditors
30,687 
134,000 
Taxes and social security
11,606 
- 
Other creditors
13,855 
13,855 
Loans from directors
17,390 
17,398 
Accruals
656 
- 
79,750 
170,809 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
87,265 
44,444 
8
Average number of employees
During the year the average number of employees was 8 (2021: 5).
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