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REGISTERED NUMBER: 00876162 (England and Wales)

















CRAMB & MCHUGH HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 12 MARCH 2024






CRAMB & MCHUGH HOLDINGS LIMITED (REGISTERED NUMBER: 00876162)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 12 MARCH 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


CRAMB & MCHUGH HOLDINGS LIMITED (REGISTERED NUMBER: 00876162)

BALANCE SHEET
12 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Quoted investments 5 - 1,186,560
- 1,186,560

CURRENT ASSETS
Debtors 6 - 565
Cash at bank 1,218,284 51,331
1,218,284 51,896
CREDITORS
Amounts falling due within one year 7 21,086 4,727
NET CURRENT ASSETS 1,197,198 47,169
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,197,198

1,233,729

PROVISIONS FOR LIABILITIES - 68,191
NET ASSETS 1,197,198 1,165,538

CAPITAL AND RESERVES
Called up share capital 27,252 27,252
Fair value reserve 8 - 351,640
Retained earnings 8 1,169,946 786,646
SHAREHOLDERS' FUNDS 1,197,198 1,165,538

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 12 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 12 March 2024 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2024 and were signed on its behalf by:





P M Cramb - Director


CRAMB & MCHUGH HOLDINGS LIMITED (REGISTERED NUMBER: 00876162)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 12 MARCH 2024

1. STATUTORY INFORMATION

Cramb & McHugh Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00876162

Registered office: 9 Eastheath Gardens,
Wokingham,
Berkshire
RG41 2PH

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 as modified by the revaluation of certain assets.

Going concern
The financial statements have been prepared on a breakup basis.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Directors' opinion, there are no significant judgements or key sources of estimation uncertainty.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost of each asset over its expected useful life:

Computer equipment - 25% straight line basis
Office Equipment - 10% straight line basis

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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 and 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.


CRAMB & MCHUGH HOLDINGS LIMITED (REGISTERED NUMBER: 00876162)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 12 MARCH 2024

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 period 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.

Quoted investments
Quoted investments are shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Office
and
Computer
Equipment
£   
COST
At 1 April 2023 738
Disposals (738 )
At 12 March 2024 -
DEPRECIATION
At 1 April 2023 738
Eliminated on disposal (738 )
At 12 March 2024 -
NET BOOK VALUE
At 12 March 2024 -
At 31 March 2023 -

5. QUOTED INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 1,186,560
Disposals (766,723 )
Revaluations (419,837 )
At 12 March 2024 -
NET BOOK VALUE
At 12 March 2024 -
At 31 March 2023 1,186,560


CRAMB & MCHUGH HOLDINGS LIMITED (REGISTERED NUMBER: 00876162)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 12 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 565

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 21,086 -
Other creditors - 4,727
21,086 4,727

8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2023 786,646 351,640 1,138,286
Profit for the period 383,300 383,300
Revaluation in year - (351,640 ) (351,640 )
At 12 March 2024 1,169,946 - 1,169,946

Unrealised gains and losses on revaluation of quoted investments are recognised through the profit and loss account as required by FRS 102.

Deferred tax is recognised on the net unrealised gain, being the difference between the original cost of the investments, adjusted for indexation allowance, and the fair value at the balance sheet date.

9. RELATED PARTY DISCLOSURES

At the year end there were no amounts due to P M Cramb (2023: £39).