02496970falseOther letting and operating of own or leased real estate2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-06-30http://www.companieshouse.gov.uk/cd:Director12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director22022-07-012023-06-30http://www.companieshouse.gov.uk/cd:Director32022-07-012023-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-07-012023-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-06-30http://www.companieshouse.gov.uk/2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:FRS1022022-07-012023-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2022-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2023-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02496970

Croft Commercial Developments Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023


Croft Commercial Developments Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
DIRECTORS
Roland J B Duce
Alexander J C Duce
Colin Andrew Gray
REGISTERED OFFICE
11a Ironmonger Street
Stamford
Lincolnshire
PE9 9PL
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 Sheet3
Notes To The Accounts4
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 30/06/2023
20232022
Notes££
FIXED ASSETS
Tangible assets38,306,57210,044,051
CURRENT ASSETS
Debtors43,474,464218,981
Cash at bank and in hand41,36344,202
3,515,827263,183
CREDITORS: Amounts falling due within one year5620,7855,276,836
NET CURRENT ASSETS / (LIABILITIES)2,895,042(5,013,653)
TOTAL ASSETS LESS CURRENT LIABILITIES11,201,6145,030,398
CREDITORS: Amounts falling due after more than one year66,194,470-
NET ASSETS5,007,1445,030,398
CAPITAL AND RESERVES
Called up share capital7100100
Revaluation reserve1c,82,556,2362,556,235
Profit and loss account2,450,8082,474,063
SHAREHOLDERS' FUNDS5,007,1445,030,398
For the year ending 30/06/2023 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 08/10/2024 and signed on their behalf by
.............................
Roland J B Duce
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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
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
20232022
No.No.
Average number of employees--
3. TANGIBLE FIXED ASSETS
Land And
BuildingsTotal
££
Cost
At 01/07/20228,306,5728,306,572
At 30/06/20238,306,5728,306,572
Depreciation
At 30/06/2023--
Net Book Amounts
At 30/06/20238,306,5728,306,572
At 30/06/20228,306,5728,306,572

Croft Commercial Developments Ltd

4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors1,366783
Trade debtors - BH-59,058
Trade debtors - BH rent37,1761,105
VAT55,050-
Other debtors140,751125,551
Amounts due from group companies3,230,980-
Prepayments9,14132,484
3,474,464218,981
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax35,99835,998
VAT-13,648
Trade creditors454,59655,136
Other creditors75,65769,016
Accruals54,53477,163
Amounts due to group companies-5,025,875
620,7855,276,836
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr6,194,470-
6,194,470-
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100

Croft Commercial Developments Ltd

8. REVALUATION RESERVE 20232022
££
Revaluation reserve2,556,2362,556,235
2,556,2362,556,235