2023-01-01 07530007 2023-12-31 07530007 2023-01-01 2023-12-31 07530007 2022-12-31 07530007 2022-01-01 2022-12-31 07530007 uk-core:WithinOneYear 2022-12-31 07530007 uk-core:WithinOneYear 2023-12-31 07530007 uk-core:ShareCapital 2023-12-31 07530007 uk-core:ShareCapital 2022-12-31 07530007 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 07530007 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 07530007 uk-bus:Director1 2023-01-01 2023-12-31 07530007 uk-core:PlantMachinery 2023-01-01 2023-12-31 07530007 uk-core:ComputerEquipment 2023-01-01 2023-12-31 07530007 uk-core:CommercialMotorVehicles 2023-01-01 2023-12-31 07530007 uk-core:ComputerEquipment 2022-12-31 07530007 uk-core:CommercialMotorVehicles 2022-12-31 07530007 uk-core:PlantMachinery 2022-12-31 07530007 uk-core:PlantMachinery 2023-12-31 07530007 uk-core:CommercialMotorVehicles 2023-12-31 07530007 uk-core:ComputerEquipment 2023-12-31 iso4217:GBP xbrli:pure 07530007 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07530007 uk-bus:FRS102 2023-01-01 2023-12-31 07530007 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 07530007 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Croome Holdings Limited
Registered Number:07530007
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Croome Holdings Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07530007
As at 31 December 2023
Croome Holdings Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,211,926
955,378
2
1,211,926
955,378
Current assets
Trade and other receivables
3,400,574
3,279,185
3
55,331
Cash and cash equivalents
42,532
3,321,717
3,455,905
Trade and other payables: amounts falling due within one year
(3,052,359)
(2,800,706)
4
403,546
521,011
Net current assets
Total assets less current liabilities
1,732,937
1,358,924
(197,720)
(134,202)
Provisions for liabilities
1,535,217
Net assets
1,224,722
Capital and reserves
Called up share capital
50,100
50,100
Retained earnings
1,485,117
1,174,622
1,535,217
1,224,722
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr David Croome Director
These financial statements were approved and authorised for issue by the Board on 19 September 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Croome Holdings Limited
Notes to the Financial Statements
Statutory Information
Croome Holdings Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 07530007.
Principal place of business:
Croome House
Cullet Drive
Queenborough
Kent
ME11 5JS
Registered address:
C/O Mackrell, Savoy Hill House
Savoy Hill
London
England
WC2R 0BU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Straight line
20% Straight line
Computer Equipment
25% Straight line
Motor Vehicles
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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5
For the year ended 31 December 2023
Croome Holdings Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or valuation
At 01 January 2023
4,180,315
34,976
2,696,056
1,449,283
483,970
-
482,695
1,275
Additions
(17,094)
(367,390)
(38,031)
Disposals
(422,515)
At 31 December 2023
1,412,527
2,811,361
17,882
4,241,770
Provision for depreciation and impairment
At 01 January 2023
3,224,937
26,356
2,184,184
1,014,397
Charge for year
227,422
2,987
95,740
128,695
(422,515)
(17,094)
(367,390)
(38,031)
On disposal
At 31 December 2023
3,029,844
12,249
1,912,534
1,105,061
At 31 December 2023
Net book value
307,466
898,827
5,633
1,211,926
At 31 December 2022
434,886
511,872
8,620
955,378
3. Trade and other receivables
2022
2023
£
£
Trade debtors
3,279,185
3,387,106
Other debtors
-
13,468
3,400,574
3,279,185
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
2,344,934
2,579,582
Taxation and social security
11,414
19,796
Other creditors
444,358
452,981
2,800,706
3,052,359
5. Average number of persons employed
During the year the average number of employees was 0
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