IRIS Accounts Production v23.1.5.20 05381326 Board of Directors 1.1.22 31.12.22 31.12.22 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh053813262021-12-31053813262022-12-31053813262022-01-012022-12-31053813262020-12-31053813262021-01-012021-12-31053813262021-12-3105381326ns15:EnglandWales2022-01-012022-12-3105381326ns14:PoundSterling2022-01-012022-12-3105381326ns10:Director12022-01-012022-12-3105381326ns10:PrivateLimitedCompanyLtd2022-01-012022-12-3105381326ns10:SmallEntities2022-01-012022-12-3105381326ns10:AuditExempt-NoAccountantsReport2022-01-012022-12-3105381326ns10:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3105381326ns10:SmallCompaniesRegimeForAccounts2022-01-012022-12-3105381326ns10:FullAccounts2022-01-012022-12-310538132612022-01-012022-12-3105381326ns10:Director22022-01-012022-12-3105381326ns10:RegisteredOffice2022-01-012022-12-3105381326ns5:CurrentFinancialInstruments2022-12-3105381326ns5:CurrentFinancialInstruments2021-12-3105381326ns5:ShareCapital2022-12-3105381326ns5:ShareCapital2021-12-3105381326ns5:RetainedEarningsAccumulatedLosses2022-12-3105381326ns5:RetainedEarningsAccumulatedLosses2021-12-3105381326ns5:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3105381326ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-01-012022-12-3105381326ns5:PlantMachinery2022-01-012022-12-3105381326ns5:IntangibleAssetsOtherThanGoodwill2021-12-3105381326ns5:IntangibleAssetsOtherThanGoodwill2022-12-3105381326ns5:IntangibleAssetsOtherThanGoodwill2021-12-3105381326ns5:PlantMachinery2021-12-3105381326ns5:PlantMachinery2022-12-3105381326ns5:PlantMachinery2021-12-3105381326ns5:CostValuation2021-12-3105381326ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3105381326ns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-31
REGISTERED NUMBER: 05381326 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2022

for

Philippa Craddock Limited

Philippa Craddock Limited (Registered number: 05381326)

Contents of the Financial Statements
for the Year Ended 31 December 2022










Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 4


Philippa Craddock Limited

Company Information
for the Year Ended 31 December 2022







DIRECTORS: Mrs P M Craddock
Mr A R Craddock





REGISTERED OFFICE: 78 York Street
London
W1H 1DP





REGISTERED NUMBER: 05381326 (England and Wales)





ACCOUNTANTS: Professional Trust Group Limited
Chartered Accountants
7 Kendon Business Park
Maritime Close
Rochester
Kent
ME2 4JF

Philippa Craddock Limited (Registered number: 05381326)

Report of the Directors
for the Year Ended 31 December 2022


The directors present their report with the financial statements of the company for the year ended 31 December 2022.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of event flowers.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2022 to the date of this report.

Mrs P M Craddock
Mr A R Craddock

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr A R Craddock - Director


27 September 2023

Philippa Craddock Limited (Registered number: 05381326)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,475 4,426
Investments 6 200 200
1,675 4,626

CURRENT ASSETS
Stocks - 25,000
Debtors 7 1,244 18,456
Cash at bank - 182
1,244 43,638
CREDITORS
Amounts falling due within one year 8 109,556 217,418
NET CURRENT LIABILITIES (108,312 ) (173,780 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(106,637

)

(169,154

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (106,737 ) (169,254 )
(106,637 ) (169,154 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 27 September 2023 and were signed on its behalf by:



Mr A R Craddock - Director


Philippa Craddock Limited (Registered number: 05381326)

Notes to the Financial Statements
for the Year Ended 31 December 2022


1. STATUTORY INFORMATION

Philippa Craddock 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.

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.

Going Concern
The directors consider it appropriate to prepare the financial statements on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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 - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Philippa Craddock Limited (Registered number: 05381326)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 NIL (2021 - 1 ).

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2022
and 31 December 2022 23,250
AMORTISATION
At 1 January 2022
and 31 December 2022 23,250
NET BOOK VALUE
At 31 December 2022 -
At 31 December 2021 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022
and 31 December 2022 110,703
DEPRECIATION
At 1 January 2022 106,277
Charge for year 2,951
At 31 December 2022 109,228
NET BOOK VALUE
At 31 December 2022 1,475
At 31 December 2021 4,426

Philippa Craddock Limited (Registered number: 05381326)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022


6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2022
and 31 December 2022 200
NET BOOK VALUE
At 31 December 2022 200
At 31 December 2021 200

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors - 300
Other debtors 1,244 18,156
1,244 18,456

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts 19,519 13,118
Trade creditors - 1,918
Taxation and social security - 15,390
Other creditors 90,037 186,992
109,556 217,418

9. RELATED PARTY DISCLOSURES

During the year, Philippa Craddock Ltd charged a subsidiary company in which Mr A R Craddock and Mrs P M Craddock are directors, for services which the directors concluded to have been conducted on normal market conditions.