Registered number
08811638
The Crow Flies Limited
Filleted Accounts
31 March 2024
The Crow Flies Limited
Registered number: 08811638
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,893 2,560
Current assets
Debtors 4 63,710 246,637
Cash at bank and in hand 234,442 293,183
298,152 539,820
Creditors: amounts falling due within one year 5 (147,568) (353,209)
Net current assets 150,584 186,611
Net assets 152,477 189,171
Capital and reserves
Called up share capital 2 2
Profit and loss account 152,475 189,169
Shareholders' funds 152,477 189,171
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D A Preston
Director
Approved by the board on 6 November 2024
The Crow Flies Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment over 3 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 12,163
At 31 March 2024 12,163
Depreciation
At 1 April 2023 9,603
Charge for the year 667
At 31 March 2024 10,270
Net book value
At 31 March 2024 1,893
At 31 March 2023 2,560
4 Debtors 2024 2023
£ £
Trade debtors 63,710 246,637
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 59,074 103,500
Taxation and social security costs 63,573 79,887
Other creditors 24,921 169,822
147,568 353,209
6 Other information
The Crow Flies Limited is a private company limited by shares and incorporated in England. Its registered office is:
May Farm
Rowley Park
Hamstall Ridware
Rugeley
WS15 3SL
The Crow Flies Limited 08811638 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 D A Preston No description of principal activity 08811638 2022-04-01 2023-03-31 08811638 core:WithinOneYear 2023-03-31 08811638 core:ShareCapital 2023-03-31 08811638 core:RetainedEarningsAccumulatedLosses 2023-03-31 08811638 2023-04-01 2024-03-31 08811638 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08811638 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08811638 bus:Director40 2023-04-01 2024-03-31 08811638 1 2023-04-01 2024-03-31 08811638 2 2023-04-01 2024-03-31 08811638 core:PlantMachinery 2023-04-01 2024-03-31 08811638 countries:England 2023-04-01 2024-03-31 08811638 bus:FRS102 2023-04-01 2024-03-31 08811638 bus:FilletedAccounts 2023-04-01 2024-03-31 08811638 2024-03-31 08811638 core:WithinOneYear 2024-03-31 08811638 core:ShareCapital 2024-03-31 08811638 core:RetainedEarningsAccumulatedLosses 2024-03-31 08811638 core:PlantMachinery 2024-03-31 08811638 2023-03-31 08811638 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure