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Registered number: 09623448

Croftsbank Developments Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023

Prepared By:
APM Associates Ltd
Accountants
9 Worsley Road
Swinton
Manchester
Gtr Manchester
M27 5WN

Croftsbank Developments Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
DIRECTORS
Mr B Sheedy
SECRETARY
Mr B Sheedy
REGISTERED OFFICE
9 Monmouth Avenue
Sale
Manchester
Cheshire
M33 5QL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09623448
ACCOUNTANTS
APM Associates Ltd
Accountants
9 Worsley Road
Swinton
Manchester
Gtr Manchester
M27 5WN

Croftsbank Developments Ltd

ACCOUNTS
FOR THEYEARENDED30/06/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Croftsbank Developments Ltd

BALANCE SHEET AT 30/06/2023
20232022
Notes££
FIXED ASSETS
Tangible assets410,1917,667
CURRENT ASSETS
Debtors519,76726,602
Cash at bank and in hand3,7471,957
23,51428,559
CREDITORS: Amounts falling due within one year617,92618,035
NET CURRENT ASSETS5,58810,524
TOTAL ASSETS LESS CURRENT LIABILITIES15,77918,191
CREDITORS: Amounts falling due after more than one year714,46918,161
NET ASSETS1,31030
CAPITAL AND RESERVES
Called up share capital81010
Profit and loss account1,30020
SHAREHOLDERS' FUNDS1,31030
For the year ending 30/06/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17/11/2023 and signed on their behalf by
.............................
Mr B Sheedy
Director

Croftsbank Developments Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
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. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 25%
Commercial Vehiclesstraight line 25%
Equipmentstraight line 25%
1c. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20232022
No.No.
Average number of employees22

Croftsbank Developments Ltd

3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/07/202211,00011,000
At 30/06/202311,00011,000
Depreciation
At 01/07/202211,00011,000
At 30/06/202311,00011,000
Net Book Amounts
At 30/06/2023--
4. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesEquipmentTotal
££££
Cost
At 01/07/20222,18711,66743214,286
Additions-3,8001,0954,895
At 30/06/20232,18715,4671,52719,181
Depreciation
At 01/07/20228185,6931086,619
For the year2051,9542122,371
At 30/06/20231,0237,6473208,990
Net Book Amounts
At 30/06/20231,1647,8201,20710,191
At 30/06/20221,3695,9743247,667
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors-1,452
VAT-2,320
PAYE control19,76722,830
19,76726,602

Croftsbank Developments Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax5,7309,766
VAT1,687-
Directors current account8,9596,091
Accruals1,5502,178
17,92618,035
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Loans >1yr14,46918,161
14,46918,161
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
10 Ordinary shares of £1 each1010
1010