P&K Cridge Holdings Ltd 09165495 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is that of a holding company. Digita Accounts Production Advanced 6.30.9574.0 true false false 09165495 2022-12-01 2023-11-30 09165495 2023-11-30 09165495 core:CurrentFinancialInstruments 2023-11-30 09165495 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 09165495 core:LandBuildings core:OwnedOrFreeholdAssets 2023-11-30 09165495 bus:SmallEntities 2022-12-01 2023-11-30 09165495 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 09165495 bus:FullAccounts 2022-12-01 2023-11-30 09165495 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09165495 bus:RegisteredOffice 2022-12-01 2023-11-30 09165495 bus:Director1 2022-12-01 2023-11-30 09165495 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09165495 core:LandBuildings 2022-12-01 2023-11-30 09165495 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 09165495 core:Subsidiary1 2022-12-01 2023-11-30 09165495 core:Subsidiary1 1 2022-12-01 2023-11-30 09165495 core:Subsidiary1 countries:England 2022-12-01 2023-11-30 09165495 countries:EnglandWales 2022-12-01 2023-11-30 09165495 2022-11-30 09165495 core:CostValuation 2022-11-30 09165495 core:LandBuildings core:OwnedOrFreeholdAssets 2022-11-30 09165495 2021-12-01 2022-11-30 09165495 2022-11-30 09165495 core:CurrentFinancialInstruments 2022-11-30 09165495 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 09165495 core:LandBuildings core:OwnedOrFreeholdAssets 2022-11-30 09165495 core:Subsidiary1 1 2021-12-01 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 09165495

P&K Cridge Holdings Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2023

 

P&K Cridge Holdings Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

P&K Cridge Holdings Ltd

(Registration number: 09165495)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

473,170

484,569

Investments

5

2

2

 

473,172

484,571

Current assets

 

Debtors

6

1,000

1,000

Cash at bank and in hand

 

279,352

235,256

 

280,352

236,256

Creditors: Amounts falling due within one year

7

(28,775)

(5,870)

Net current assets

 

251,577

230,386

Net assets

 

724,749

714,957

Capital and reserves

 

Called up share capital

102

102

Retained earnings

724,647

714,855

Shareholders' funds

 

724,749

714,957

 

P&K Cridge Holdings Ltd

(Registration number: 09165495)
Balance Sheet as at 30 November 2023

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 April 2024 and signed on its behalf by:
 

.........................................
Mr P Cridge
Director

 

P&K Cridge Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
31a Charnham Street
Hungerford
Berkshire
RG17 0EJ
United Kingdom

The principal place of business is:
Unit 26
Whitehill Industrial Estate
Whitehill Lane
Swindon
Wiltshire
SN4 7DB

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The financial statements contain information about P&K Cridge Holdings Limited as an individual company and do not contain consolidated information as the parent of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements..

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

P&K Cridge Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold Property

2% straight line

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

Debtors

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

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2022 - 1).

 

P&K Cridge Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 December 2022

569,962

569,962

At 30 November 2023

569,962

569,962

Depreciation

At 1 December 2022

85,393

85,393

Charge for the year

11,399

11,399

At 30 November 2023

96,792

96,792

Carrying amount

At 30 November 2023

473,170

473,170

At 30 November 2022

484,569

484,569

5

Investments

2023
£

2022
£

Investments in subsidiaries

2

2

Subsidiaries

£

Cost or valuation

At 1 December 2022

2

Provision

Carrying amount

At 30 November 2023

2

At 30 November 2022

2

 

P&K Cridge Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2023

2022

Subsidiary undertakings

Cridge Auto Services Limited

5 Southbank Glen
Royal Wootton Bassett
Swindon
Wiltshire
SN4 8QZ

England

ordinary shares

100%

100%

Subsidiary undertakings

Cridge Auto Services Limited

The principal activity of Cridge Auto Services Limited is motor vehicle repairs and MOTs.

6

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

1,000

1,000

7

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

10,475

4,800

Other creditors

18,300

1,070

28,775

5,870