Company Registration No. 04558507 (England and Wales)
Pompey Cripps Limited
Unaudited accounts
for the year ended 31 October 2023
Pompey Cripps Limited
Unaudited accounts
Contents
Pompey Cripps Limited
Company Information
for the year ended 31 October 2023
Company Number
04558507 (England and Wales)
Registered Office
60 High Street
Littlehampton
West Sussex
BN17 5EA
Pompey Cripps Limited
Statement of financial position
as at 31 October 2023
Tangible assets
1,637
1,926
Cash at bank and in hand
330
355
Creditors: amounts falling due within one year
(1,863)
(1,548)
Net current liabilities
(1,533)
(1,193)
Called up share capital
100
100
Profit and loss account
4
633
Shareholders' funds
104
733
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 April 2024 and were signed on its behalf by
Peter Cripps
Director
Company Registration No. 04558507
Pompey Cripps Limited
Notes to the Accounts
for the year ended 31 October 2023
Pompey Cripps Limited is a private company, limited by shares, registered in England and Wales, registration number 04558507. The registered office is 60 High Street, Littlehampton, West Sussex, BN17 5EA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value of services provided to customers.
Acquired goodwill is written off in equal instalments over its estimated useful economic life of 20 years in accordance with FRS 10.
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income, on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
4
Intangible fixed assets
Goodwill
Pompey Cripps Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
980
497
Loans from directors
(73)
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Overdrawn director loan
(1)
74
-
73
The directors loan is overdrawn at the end of the year - no interest has been charged on this loan and the loan was repaid within 9 months of the end of the accounting year
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).