Silverfin false false 31/03/2024 01/04/2023 31/03/2024 T Collins 28/08/2018 M England 28/08/2018 Z Roberts 28/08/2018 Z L Roberts 15 July 2024 The principal activity of the Company during the financial year was a holding company. 11540451 2024-03-31 11540451 bus:Director1 2024-03-31 11540451 bus:Director2 2024-03-31 11540451 bus:Director3 2024-03-31 11540451 2023-03-31 11540451 core:CurrentFinancialInstruments 2024-03-31 11540451 core:CurrentFinancialInstruments 2023-03-31 11540451 core:ShareCapital 2024-03-31 11540451 core:ShareCapital 2023-03-31 11540451 core:RetainedEarningsAccumulatedLosses 2024-03-31 11540451 core:RetainedEarningsAccumulatedLosses 2023-03-31 11540451 core:CostValuation 2023-03-31 11540451 core:CostValuation 2024-03-31 11540451 2023-04-01 2024-03-31 11540451 bus:FilletedAccounts 2023-04-01 2024-03-31 11540451 bus:SmallEntities 2023-04-01 2024-03-31 11540451 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11540451 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11540451 bus:Director1 2023-04-01 2024-03-31 11540451 bus:Director2 2023-04-01 2024-03-31 11540451 bus:Director3 2023-04-01 2024-03-31 11540451 bus:Director4 2023-04-01 2024-03-31 11540451 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Company No: 11540451 (England and Wales)

CRE HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

CRE HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

CRE HOLDINGS LIMITED

BALANCE SHEET

As at 31 March 2024
CRE HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 340,000 340,000
340,000 340,000
Creditors: amounts falling due within one year 4 ( 214,900) ( 239,900)
Net current liabilities (214,900) (239,900)
Total assets less current liabilities 125,100 100,100
Net assets 125,100 100,100
Capital and reserves
Called-up share capital 100 100
Profit and loss account 125,000 100,000
Total shareholders' funds 125,100 100,100

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of CRE Holdings Limited (registered number: 11540451) were approved and authorised for issue by the Board of Directors on 15 July 2024. They were signed on its behalf by:

Z Roberts
Director
CRE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
CRE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CRE Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 7 Didcot Road, Nuffield Industrial Estate, Poole, BH17 0GD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 April 2023 340,000
At 31 March 2024 340,000
Carrying value at 31 March 2024 340,000
Carrying value at 31 March 2023 340,000

4. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to Group undertakings 110,000 110,000
Other creditors 104,900 129,900
214,900 239,900