CRKHOL Limited 14610478 false 2023-01-23 2024-01-31 2024-01-31 The principal activity of the company is Holding company Digita Accounts Production Advanced 6.30.9574.0 true true 14610478 2023-01-23 2024-01-31 14610478 2024-01-31 14610478 core:CurrentFinancialInstruments 2024-01-31 14610478 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 14610478 core:AdditionsToInvestments 2024-01-31 14610478 bus:SmallEntities 2023-01-23 2024-01-31 14610478 bus:AuditExemptWithAccountantsReport 2023-01-23 2024-01-31 14610478 bus:FullAccounts 2023-01-23 2024-01-31 14610478 bus:SmallCompaniesRegimeForAccounts 2023-01-23 2024-01-31 14610478 bus:RegisteredOffice 2023-01-23 2024-01-31 14610478 bus:Director1 2023-01-23 2024-01-31 14610478 bus:PrivateLimitedCompanyLtd 2023-01-23 2024-01-31 14610478 countries:England 2023-01-23 2024-01-31 iso4217:GBP xbrli:pure

Registration number: 14610478

CRKHOL Limited

Annual Report and Unaudited Financial Statements

for the Period from 23 January 2023 to 31 January 2024

 

CRKHOL Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

CRKHOL Limited

(Registration number: 14610478 )
Balance Sheet as at 31 January 2024

Note

2024
£

Fixed assets

 

Investments

4

1,183,353

Current assets

 

Debtors

5

252,647

Cash at bank and in hand

 

5,484

 

258,131

Creditors: Amounts falling due within one year

6

(1,462,412)

Net current liabilities

 

(1,204,281)

Net liabilities

 

(20,928)

Capital and reserves

 

Called up share capital

7

358

Share premium reserve

5,126

Retained earnings

(26,412)

Shareholders' deficit

 

(20,928)

For the financial period ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

The director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 October 2024
 

.........................................
Mr C R Kirkland
Director

 

CRKHOL Limited

Notes to the Unaudited Financial Statements for the Period from 23 January 2023 to 31 January 2024

1

General information

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

The address of its registered office is:
3rd Floor
21 Conduit Street
London
W1S 2XP

These financial statements were authorised for issue by the director on 21 October 2024.

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

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The 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.

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company wll continue in operational existance for the forseeable future. The company expects the continued support of the principal shareholder, who has confirmed that they will provide such financial support as is necessary for the company to meet its liabilities as they fall due and continue in operation for a period of at least twelve months from the date of signing the financial statements of the company.

Investments

Investments in joint ventures are measured at cost less accumulated impairment.

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 and creditors receivable/payable in one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

 

CRKHOL Limited

Notes to the Unaudited Financial Statements for the Period from 23 January 2023 to 31 January 2024

Borrowings

Redeemable preference shares are recognised at the transaction price, excluding any transaction costs. Subsequent measurement is at fair value through the profit and loss account.

The preferential dividend will be calculated using the effective rate and charged to the profit and loss account each year.

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.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Investments

2024
£

Investments in joint ventures

1,183,353

Joint ventures

£

Cost

Additions

1,183,353

Provision

Carrying amount

At 31 January 2024

1,183,353

5

Debtors

2024
£

Other debtors

252,647

 

252,647

 

CRKHOL Limited

Notes to the Unaudited Financial Statements for the Period from 23 January 2023 to 31 January 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

Loans and borrowings

8

1,459,532

Accruals and deferred income

 

2,400

Other creditors

 

480

 

1,462,412

7

Share capital

Upon incorporation 100 ordinary shares of £1 were issued at par.

During the year a further 258 ordinary shares of £1 were issued for £5,384 in total (including share premium of £5,126).

 

8

Loans and borrowings

2024
£

Redeemable preference shares

1,459,532

During the year 1,459,532 Redeemable Preference Shares were issued at £1 each. The company and the holder have the ability to redeem the shares at short notice at original subscription price.

The company shall pay a fixed preferential dividend at the annual rate of 4% on the nominal value of each Redeemable Preference Share. Where there are insufficient distributable reserves the unpaid cumulative preference dividends accumulate in other creditors.