Registered number: 02496970 | ||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||
Croft Commercial Developments Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Lincolnshire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 02496970 | ||||||||
Croft Commercial Developments Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/06/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Croft Commercial Developments Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
3,515,827 | 263,183 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS / (LIABILITIES) | (5,013,653) | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 6,194,470 | - | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Revaluation reserve | 1c,8 | 2,556,236 | 2,556,235 | |||||||
Profit and loss account | 2,450,808 | 2,474,063 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Croft Commercial Developments Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/06/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
1c. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 8). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
3. TANGIBLE FIXED ASSETS | ||||
Land And | ||||
Buildings | Total | |||
£ | £ | |||
Cost | ||||
At 01/07/2022 | 8,306,572 | 8,306,572 | ||
At 30/06/2023 | 8,306,572 | 8,306,572 | ||
Depreciation | ||||
At 30/06/2023 | - | - | ||
Net Book Amounts | ||||
At 30/06/2023 | 8,306,572 | |||
At 30/06/2022 | 8,306,572 | |||
Croft Commercial Developments Ltd | ||||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 1,366 | 783 | ||||||
Trade debtors - BH | - | 59,058 | ||||||
Trade debtors - BH rent | 37,176 | 1,105 | ||||||
VAT | 55,050 | - | ||||||
Other debtors | 140,751 | 125,551 | ||||||
Amounts due from group companies | 3,230,980 | - | ||||||
Prepayments | 9,141 | 32,484 | ||||||
3,474,464 | 218,981 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 35,998 | 35,998 | ||||||
VAT | - | 13,648 | ||||||
Trade creditors | 454,596 | 55,136 | ||||||
Other creditors | 75,657 | 69,016 | ||||||
Accruals | 54,534 | 77,163 | ||||||
Amounts due to group companies | - | 5,025,875 | ||||||
620,785 | 5,276,836 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 6,194,470 | - | ||||||
6,194,470 | - | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
Croft Commercial Developments Ltd | ||||||||
8. REVALUATION RESERVE | 2023 | 2022 | ||||||
£ | £ | |||||||
Revaluation reserve | 2,556,236 | 2,556,235 | ||||||
2,556,236 | 2,556,235 | |||||||