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
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
Croft Commercials Transport Limited
Statement of financial position
as at 31 March 2022
Tangible assets
24,617
26,153
Cash at bank and in hand
96,660
87,988
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)
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
Croft Commercials Transport Limited
Notes to the Accounts
for the year ended 31 March 2022
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.
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.
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.
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:
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
At 31 March 2022
4,000
35,489
39,489
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
At 31 March 2022
2,500
22,117
24,617
At 31 March 2021
2,625
23,528
26,153
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
Trade debtors
60,621
97,265
Accrued income and prepayments
758
-
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
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 8 (2021: 5).