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REGISTERED NUMBER: 09274450 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

CRAM LIMITED

CRAM LIMITED (REGISTERED NUMBER: 09274450)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CRAM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: D A Cram





REGISTERED OFFICE: 10 Worsley Place
Theale
Reading
RG7 5QP





REGISTERED NUMBER: 09274450 (England and Wales)





ACCOUNTANTS: Clearwater Accountancy Limited
10 Worsley Place
Theale
Reading
RG7 5QP

CRAM LIMITED (REGISTERED NUMBER: 09274450)

ABRIDGED BALANCE SHEET
31 MARCH 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,662 15,812
Tangible assets 5 6,161 5,829
18,823 21,641

CURRENT ASSETS
Stocks 10,025 10,025
Debtors 6 420,104 383,829
Cash at bank and in hand 83,666 54,069
513,795 447,923
CREDITORS
Amounts falling due within one year 664,839 552,343
NET CURRENT LIABILITIES (151,044 ) (104,420 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(132,221

)

(82,779

)

CREDITORS
Amounts falling due after more than one
year

-

10,134
NET LIABILITIES (132,221 ) (92,913 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (132,223 ) (92,915 )
SHAREHOLDERS' FUNDS (132,221 ) (92,913 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CRAM LIMITED (REGISTERED NUMBER: 09274450)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 November 2023 and were signed by:





D A Cram - Director


CRAM LIMITED (REGISTERED NUMBER: 09274450)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Cram 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 Accounts have been prepared on a Going Concern basis as in the opinion of the Director the Company has the support of the major creditors.

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.

Intangible fixed assets
Franchise Licences are amortised over the expected useful life of the asset, being ten years on a straight line basis.

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 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.


CRAM LIMITED (REGISTERED NUMBER: 09274450)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

2. ACCOUNTING POLICIES - continued
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.

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 62 (2021 - 60 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2021
and 31 March 2022 31,500
AMORTISATION
At 1 April 2021 15,688
Amortisation for year 3,150
At 31 March 2022 18,838
NET BOOK VALUE

At 31 March 2022 12,662
At 31 March 2021 15,812

CRAM LIMITED (REGISTERED NUMBER: 09274450)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2021 15,760
Additions 4,495
At 31 March 2022 20,255
DEPRECIATION
At 1 April 2021 9,931
Charge for year 4,163
At 31 March 2022 14,094
NET BOOK VALUE
At 31 March 2022 6,161
At 31 March 2021 5,829

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.22 31.3.21
£    £   
Other debtors 56,156 44,694

7. SECURED DEBTS

The following secured debts are included within creditors:

31.3.22 31.3.21
£    £   
Debentures 18,783 28,923
Other creditors 212,087 185,686
230,870 214,609

Servicemaster Limited holds debentures dated 9 June 2017 and 1 February 2019. There are fixed and floating charges over the undertaking and property of the company.

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

31.3.22 31.3.21
£    £   
D A Cram
Balance outstanding at start of year 137,522 105,953
Amounts advanced 35,266 31,569
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 172,788 137,522