Registered number: 11355625 | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
Prepared By: | ||||||||
JAN G GROMADZKI | ||||||||
CHARTERED ACCOUNTANT | ||||||||
13 WOLVERHAMPTON ROAD | ||||||||
CODSALL | ||||||||
WOLVERHAMPTON | ||||||||
WEST MIDLANDS | ||||||||
WV8 1PT |
CR 81 LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
WEST MIDLANDS | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 11355625 | ||||||||
BANKERS | ||||||||
LLOYDS BANK plc | ||||||||
ACCOUNTANTS | ||||||||
JAN G GROMADZKI | ||||||||
CHARTERED ACCOUNTANT | ||||||||
13 WOLVERHAMPTON ROAD | ||||||||
CODSALL | ||||||||
WOLVERHAMPTON | ||||||||
WEST MIDLANDS | ||||||||
WV8 1PT |
CR 81 LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/03/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
CR 81 LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
11,106 | 11,223 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (58,176) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 303,556 | 325,720 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Profit and loss account | 28,223 | 17,518 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
CR 81 LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/03/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. |
1b. Going Concern | ||||||||
These financial statements have been prepared on the going concern basis. As at 31 March 2023 the company is in a net current liability of £ 59,478. However the director has given personal assurances that funds will be available, if required, to ensure that all liabilities are paid as and when due for the next twelve months from the date that the balance sheet was signed. |
1c. Depreciation | ||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. | ||||||||
Land And Buildings | straight line2% | |||||||
Equipment | straight line10% |
1d. Turnover | ||||||||
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts, derived from ordinary activities. |
CR 81 LTD | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||||
Land And | ||||||||||
Buildings | Equipment | Total | ||||||||
£ | £ | £ | ||||||||
Cost | ||||||||||
At 01/04/2022 | 414,544 | 20,500 | 435,044 | |||||||
At 31/03/2023 | 414,544 | 20,500 | 435,044 | |||||||
Depreciation | ||||||||||
At 01/04/2022 | 26,913 | 6,400 | 33,313 | |||||||
For the year | 8,291 | 2,000 | 10,291 | |||||||
At 31/03/2023 | 35,204 | 8,400 | 43,604 | |||||||
Net Book Amounts | ||||||||||
At 31/03/2023 | 391,440 | |||||||||
At 31/03/2022 | 401,731 | |||||||||
A Lloyds Bank plc loan is secured on the freehold property included in land and buildings at a net book value of £ 379,340. | ||||||||||
3. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 7,712 | 5,438 | ||||||
Prepayments | 1,297 | 2,290 | ||||||
9,009 | 7,728 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 4,590 | 4,235 | ||||||
VAT | 2,187 | 2,187 | ||||||
Directors current account | 4,122 | 7,132 | ||||||
Lloyds Bank plc - loan (secured) short term | 17,500 | 17,500 | ||||||
Shropshire Brick & Stone (UK) Limited | 39,010 | 36,000 | ||||||
Accruals | 3,175 | 2,345 | ||||||
70,584 | 69,399 | |||||||
CR 81 LTD | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Lloyds Bank plc - loan (secured) >1yr | 303,556 | 325,720 | ||||||
303,556 | 325,720 | |||||||
6. SECURED CREDITORS | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Amount of bank loans and overdrafts which are secured | 321,056 | 343,220 | ||||||
The loan from Lloyds Bank plc is secured on the freehold property owned by the company. | ||||||||
7. EMPLOYEES | ||||||||
2023 | 2022 | |||||||
No. | No. | |||||||
Average number of employees | 1 | |||||||
Key management personnel is restricted to that of the director. | ||||||||
8. PROVISIONS FOR LIABILITIES | 2023 | 2022 | ||||||
£ | £ | |||||||
Deferred taxation | 83 | 217 | ||||||
83 | 217 | |||||||
9. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
CR 81 LTD | ||||||||
10. CONTROLLING PARTY | ||||||||
The company is wholly owned by the director Mr C J Round. | ||||||||
11. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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12. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY | ||||||||
The company is principally involved in the ownership and rental of property. | ||||||||
13. GENERAL INFORMATION | ||||||||
CR 81 Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT. | ||||||||
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company. | ||||||||