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REGISTERED NUMBER: 12289183 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Croe Ltd

Croe Ltd (Registered number: 12289183)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Balance Sheet 1

Chartered Accountants' Report 4

Croe Ltd (Registered number: 12289183)

Balance Sheet
31 October 2023

2023 2022
£    £   
FIXED ASSETS 6,155 8,172

CURRENT ASSETS 12,502 126,127

CREDITORS
Amounts falling due within one year (3,623 ) (28,261 )
NET CURRENT ASSETS 8,879 97,866
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,034

106,038

CREDITORS
Amounts falling due after more than one
year

(334,933

)

(275,158

)
NET LIABILITIES (319,899 ) (169,120 )

CAPITAL AND RESERVES (319,899 ) (169,120 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Croe Ltd 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: 12289183

Registered office: Unit 15-16, 7 Wenlock Road
London
London
N1 7SL

2. BASIS OF PREPARATION NOTE

At 31st October 2023, the company had net current assets of £8,879 (2022: £97,866) and total net liabilities of £319,899 (2022: £169,120). The company relies on the loan funding provided by its investors. The director is of the opinion that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of support by its investors.

3. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 (2022 - 4 ) .

Croe Ltd (Registered number: 12289183)

Balance Sheet - continued
31 October 2023

NOTES TO THE FINANCIAL STATEMENTS

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
Mr W El Zibaoui
Balance outstanding at start of year 39,961 56,981
Amounts advanced - 20,271
Amounts repaid - (37,291 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 39,961 39,961

Mr M R Abrishamchi
Balance outstanding at start of year 87,748 83,011
Amounts advanced 62,773 35,625
Amounts repaid (3,000 ) (30,888 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 147,521 87,748

Mr K Muehling
Balance outstanding at start of year 147,451 159,114
Amounts advanced - 13,125
Amounts repaid - (24,788 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 147,451 147,451



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

Croe Ltd (Registered number: 12289183)

Balance Sheet - continued
31 October 2023


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

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:





Mr M R Abrishamchi - Director


Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Croe Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Croe Ltd for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Croe Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Croe Ltd and state those matters that we have agreed to state to the Board of Directors of Croe Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Croe Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Croe Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Croe Ltd. You consider that Croe Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Croe Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR


Date: .............................................