Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 10438485 Mr Dennis Mech Ms Claudia Mech Mr Gian-Luca Mech iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10438485 2022-10-31 10438485 2023-10-31 10438485 2022-11-01 2023-10-31 10438485 frs-core:CurrentFinancialInstruments 2023-10-31 10438485 frs-core:ShareCapital 2023-10-31 10438485 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 10438485 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10438485 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 10438485 frs-bus:SmallEntities 2022-11-01 2023-10-31 10438485 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 10438485 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 10438485 frs-core:CostValuation 2022-10-31 10438485 frs-core:AdditionsToInvestments 2023-10-31 10438485 frs-core:DisposalsRepaymentsInvestments 2023-10-31 10438485 frs-core:CostValuation 2023-10-31 10438485 frs-core:ProvisionsForImpairmentInvestments 2022-10-31 10438485 frs-core:ProvisionsForImpairmentInvestments 2023-10-31 10438485 frs-bus:Director1 2022-11-01 2023-10-31 10438485 frs-bus:Director2 2022-11-01 2023-10-31 10438485 frs-bus:Director3 2022-11-01 2023-10-31 10438485 frs-countries:EnglandWales 2022-11-01 2023-10-31 10438485 2021-10-31 10438485 2022-10-31 10438485 2021-11-01 2022-10-31 10438485 frs-core:CurrentFinancialInstruments 2022-10-31 10438485 frs-core:ShareCapital 2022-10-31 10438485 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 10438485
CRUCIBLE VENTURES LIMITED
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10438485
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 - 25,000
- 25,000
CURRENT ASSETS
Debtors 5 19,233 -
Cash at bank and in hand 2,000 4,784
21,233 4,784
Creditors: Amounts Falling Due Within One Year 6 (3,684 ) (13,049 )
NET CURRENT ASSETS (LIABILITIES) 17,549 (8,265 )
TOTAL ASSETS LESS CURRENT LIABILITIES 17,549 16,735
NET ASSETS 17,549 16,735
CAPITAL AND RESERVES
Called up share capital 7 20,000 20,000
Profit and Loss Account (2,451 ) (3,265 )
SHAREHOLDERS' FUNDS 17,549 16,735
Page 1
Page 2
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Dennis Mech
Director
15th October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
CRUCIBLE VENTURES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10438485 . The registered office is Formal House, 60 St George's Place, Cheltenham, Gloucestershire, GL50 3PN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
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4. Investments
Other
£
Cost
As at 1 November 2022 25,000
Additions 1,315
Disposals (26,315 )
As at 31 October 2023 -
Provision
As at 1 November 2022 -
As at 31 October 2023 -
Net Book Value
As at 31 October 2023 -
As at 1 November 2022 25,000
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 19,233 -
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 3,684 -
Other creditors - 12,450
Accruals and deferred income - 599
3,684 13,049
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 20,000 20,000
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