IRIS Accounts Production v23.1.5.20 10546730 Board of Directors 1.2.22 31.1.23 31.1.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure105467302022-01-31105467302023-01-31105467302022-02-012023-01-31105467302021-01-31105467302021-02-012022-01-31105467302022-01-3110546730ns16:EnglandWales2022-02-012023-01-3110546730ns15:PoundSterling2022-02-012023-01-3110546730ns11:Director12022-02-012023-01-3110546730ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3110546730ns11:SmallEntities2022-02-012023-01-3110546730ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3110546730ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3110546730ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3110546730ns11:FullAccounts2022-02-012023-01-311054673012022-02-012023-01-3110546730ns11:OrdinaryShareClass12022-02-012023-01-3110546730ns11:Director22022-02-012023-01-3110546730ns11:Director42022-02-012023-01-3110546730ns11:Director62022-02-012023-01-3110546730ns11:Director72022-02-012023-01-3110546730ns11:Director92022-02-012023-01-3110546730ns11:RegisteredOffice2022-02-012023-01-3110546730ns6:CurrentFinancialInstruments2023-01-3110546730ns6:CurrentFinancialInstruments2022-01-3110546730ns6:Non-currentFinancialInstruments2023-01-3110546730ns6:Non-currentFinancialInstruments2022-01-3110546730ns6:ShareCapital2023-01-3110546730ns6:ShareCapital2022-01-3110546730ns6:SharePremium2023-01-3110546730ns6:SharePremium2022-01-3110546730ns6:RetainedEarningsAccumulatedLosses2023-01-3110546730ns6:RetainedEarningsAccumulatedLosses2022-01-3110546730ns6:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3110546730ns6:PatentsTrademarksLicencesConcessionsSimilar2022-02-012023-01-3110546730ns6:PlantMachinery2022-02-012023-01-3110546730ns6:PatentsTrademarksLicencesConcessionsSimilar2022-01-3110546730ns6:PatentsTrademarksLicencesConcessionsSimilar2023-01-3110546730ns6:PatentsTrademarksLicencesConcessionsSimilar2022-01-3110546730ns6:FurnitureFittings2022-01-3110546730ns6:ComputerEquipment2022-01-3110546730ns6:FurnitureFittings2022-02-012023-01-3110546730ns6:ComputerEquipment2022-02-012023-01-3110546730ns6:FurnitureFittings2023-01-3110546730ns6:ComputerEquipment2023-01-3110546730ns6:FurnitureFittings2022-01-3110546730ns6:ComputerEquipment2022-01-3110546730ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3110546730ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3110546730ns6:Secured2023-01-3110546730ns6:Secured2022-01-3110546730ns11:OrdinaryShareClass12023-01-31
REGISTERED NUMBER: 10546730 (England and Wales)














Unaudited Financial Statements for the Year Ended 31 January 2023

for

CRICKET PROPERTIES LIMITED

CRICKET PROPERTIES LIMITED (REGISTERED NUMBER: 10546730)






Contents of the Financial Statements
for the year ended 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CRICKET PROPERTIES LIMITED

Company Information
for the year ended 31 JANUARY 2023







DIRECTORS: J G Benson
R D P Charkin
P G Curran
P V Fuller
M T Thacker
I Sykes





REGISTERED OFFICE: Box 33 4th Floor
Bedser Stand, The Kia Oval
Kennington
London
SE11 5SS





REGISTERED NUMBER: 10546730 (England and Wales)





ACCOUNTANTS: Elsby & Co
Thistledown Barn
Holcot Lane
Sywell
Northampton
Northamptonshire
NN6 0BG

CRICKET PROPERTIES LIMITED (REGISTERED NUMBER: 10546730)

Balance Sheet
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 325,009 383,711
Tangible assets 5 1,740 1,819
326,749 385,530

CURRENT ASSETS
Stocks 32,767 27,684
Debtors 6 98,229 78,515
Cash at bank - 82,447
130,996 188,646
CREDITORS
Amounts falling due within one year 7 131,659 144,131
NET CURRENT (LIABILITIES)/ASSETS (663 ) 44,515
TOTAL ASSETS LESS CURRENT
LIABILITIES

326,086

430,045

CREDITORS
Amounts falling due after more than one year 8 97,462 66,364
NET ASSETS 228,624 363,681

CAPITAL AND RESERVES
Called up share capital 10 29,890 27,649
Share premium 1,043,291 964,478
Retained earnings (844,557 ) (628,446 )
SHAREHOLDERS' FUNDS 228,624 363,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

CRICKET PROPERTIES LIMITED (REGISTERED NUMBER: 10546730)

Balance Sheet - continued
31 JANUARY 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2023 and were signed on its behalf by:





I Sykes - Director


CRICKET PROPERTIES LIMITED (REGISTERED NUMBER: 10546730)

Notes to the Financial Statements
for the year ended 31 JANUARY 2023

1. STATUTORY INFORMATION

Cricket Properties 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten 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 - 33% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
stock to its present location and condition.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern
After reviewing the company's forecasts and projections, the directors are confident that the company has adequate resources to continue in operation for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

CRICKET PROPERTIES LIMITED (REGISTERED NUMBER: 10546730)

Notes to the Financial Statements - continued
for the year ended 31 JANUARY 2023

2. ACCOUNTING POLICIES - continued

Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.


Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.


Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.


Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.


Government grants
Government and local authority grants received as a result of the help given to business because of the impact of the Coronavirus pandemic are accounted for when received. It is recognised when the company becomes entitled to the funds after having fulfilled any requirements attached to the grants. The company received support for the furloughing of staff under the Job Retention Scheme.

3. EMPLOYEES

The average number of employees during the year was 6 (2022 - 13 ) .

CRICKET PROPERTIES LIMITED (REGISTERED NUMBER: 10546730)

Notes to the Financial Statements - continued
for the year ended 31 JANUARY 2023

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 February 2022
and 31 January 2023 587,015
AMORTISATION
At 1 February 2022 203,304
Amortisation for year 58,702
At 31 January 2023 262,006
NET BOOK VALUE
At 31 January 2023 325,009
At 31 January 2022 383,711

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2022 3,571 5,900 9,471
Additions - 1,918 1,918
At 31 January 2023 3,571 7,818 11,389
DEPRECIATION
At 1 February 2022 2,598 5,054 7,652
Charge for year 892 1,105 1,997
At 31 January 2023 3,490 6,159 9,649
NET BOOK VALUE
At 31 January 2023 81 1,659 1,740
At 31 January 2022 973 846 1,819

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 78,359 59,709
Other debtors 19,870 18,806
98,229 78,515

CRICKET PROPERTIES LIMITED (REGISTERED NUMBER: 10546730)

Notes to the Financial Statements - continued
for the year ended 31 JANUARY 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 24,278 19,902
Trade creditors 59,264 94,632
Taxation and social security 16,634 11,638
Other creditors 31,483 17,959
131,659 144,131

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 46,462 66,364
Other creditors 51,000 -
97,462 66,364

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 66,364 86,266

Bank loan is denominated in Sterling with a nominal interest rate of 7.99%, and the final instalment is due on 9 June 2025. The carrying amount at year end is £66,364 (2022 - £86,266).
The company's bankers hold a fixed and floating charge over all the assets and undertakings of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
27,649 Ordinary 1 29,890 27,649

11. RELATED PARTY TRANSACTIONS

TriNorth Limited, of which Mr J G Benson and Mr M Thacker are directors, made sales to the company of £14,432 (2022 - £17,204) and purchased £8,287 (2022 - £18,000) of services from the company during the year. At 31st January 2023 the company owed TriNorth Limited £8,340 (2022 - £8,115). Ellipse Data Limited, of which Mr A Cooney is a director, made sales to the company of £Nil (2022 - £Nil) and purchased £30,500 (2022 - £30,000) during the year. Bloomsbury Publishing Plc, of which Ms S L Broadway is a director, made sales to the company of £1,468 (2022 - £Nil) during the year.