Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false22023-04-012falsefalseNo description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11178847 2023-04-01 2024-03-31 11178847 2022-04-01 2023-03-31 11178847 2024-03-31 11178847 2023-03-31 11178847 c:Director1 2023-04-01 2024-03-31 11178847 d:CurrentFinancialInstruments 2024-03-31 11178847 d:CurrentFinancialInstruments 2023-03-31 11178847 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11178847 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11178847 d:ShareCapital 2024-03-31 11178847 d:ShareCapital 2023-03-31 11178847 d:RetainedEarningsAccumulatedLosses 2024-03-31 11178847 d:RetainedEarningsAccumulatedLosses 2023-03-31 11178847 c:FRS102 2023-04-01 2024-03-31 11178847 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11178847 c:FullAccounts 2023-04-01 2024-03-31 11178847 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11178847 2 2023-04-01 2024-03-31 11178847 6 2023-04-01 2024-03-31 11178847 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 11178847









CR CAPITAL LIMITED (FORMERLY CLAIRE RANDALL CAPITAL LIMITED)







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

 
CR CAPITAL LIMITED (FORMERLY CLAIRE RANDALL CAPITAL LIMITED)
REGISTERED NUMBER: 11178847

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
200
200

  
200
200

Current assets
  

Debtors: amounts falling due within one year
 5 
3,323,851
2,555,979

Cash at bank and in hand
  
126,509
323,512

  
3,450,360
2,879,491

Creditors: amounts falling due within one year
 6 
(139,006)
(54,565)

Net current assets
  
 
 
3,311,354
 
 
2,824,926

Total assets less current liabilities
  
3,311,554
2,825,126

  

Net assets
  
3,311,554
2,825,126


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
3,311,553
2,825,125

  
3,311,554
2,825,126


Page 1

 
CR CAPITAL LIMITED (FORMERLY CLAIRE RANDALL CAPITAL LIMITED)
REGISTERED NUMBER: 11178847
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
C Randall
Director

Date: 23 October 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CR CAPITAL LIMITED (FORMERLY CLAIRE RANDALL CAPITAL LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

The principal activity of Claire Randall Capital Limited is that of the provision of credit.
The Company is a private company, limited by shares and incorporated in England and Wales.
The Company's registered office address is Stonecross, Trumpington High Street, Cambridge, CB2 9SU.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that interest on the loan books held will flow to the Company and can be reliably measured in line with the agreements held. Revenue is measured as the fair value of the interest received or receivable, excluding discounts and rebates.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
CR CAPITAL LIMITED (FORMERLY CLAIRE RANDALL CAPITAL LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
CR CAPITAL LIMITED (FORMERLY CLAIRE RANDALL CAPITAL LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

Financial instruments

The company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to and from related parties.
(i) Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at market rate of interest.
(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are intially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.


3.


Employees




The average monthly number of employees, including directors, during the period was 2 (2023 - 2).


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 April 2023
200



At 31 March 2024
200




Page 5

 
CR CAPITAL LIMITED (FORMERLY CLAIRE RANDALL CAPITAL LIMITED)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
10,065
-

Other debtors
3,313,786
2,555,979

3,323,851
2,555,979


6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
1,135

Corporation tax
57,869
39,541

Other creditors
74,489
11,389

Accruals and deferred income
6,648
2,500

139,006
54,565



7.


Related party transactions

Included in other creditors are amounts of £74,489 (2023: £11,389) due to directors of the company. There was no interest charged on these amounts during the period (2023: £Nil).

 
Page 6