BrightAccountsProduction v1.0.0 v1.0.0 2023-05-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts This companies principal activity inlcueds other letting and operating of own or leased real estate 14 November 2024 2 2 NI667703 2024-04-30 NI667703 2023-04-30 NI667703 2022-04-30 NI667703 2023-05-01 2024-04-30 NI667703 2022-05-01 2023-04-30 NI667703 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 NI667703 uk-curr:PoundSterling 2023-05-01 2024-04-30 NI667703 uk-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 NI667703 uk-bus:AbridgedAccounts 2023-05-01 2024-04-30 NI667703 uk-core:ShareCapital 2024-04-30 NI667703 uk-core:ShareCapital 2023-04-30 NI667703 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 NI667703 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 NI667703 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-04-30 NI667703 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-04-30 NI667703 uk-bus:FRS102 2023-05-01 2024-04-30 NI667703 uk-core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 NI667703 2023-05-01 2024-04-30 NI667703 uk-bus:Director1 2023-05-01 2024-04-30 NI667703 uk-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Cranmore Holdings Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 April 2024



Cranmore Holdings Ltd
Company Registration Number: NI667703
ABRIDGED BALANCE SHEET
as at 30 April 2024

2024 2023
Notes £ £
 
Fixed Assets
Tangible assets 4 362,125 362,125
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Current Assets
Debtors 12,248 5,000
Cash and cash equivalents - 104,842
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12,248 109,842
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Creditors: amounts falling due within one year (374,300) (464,413)
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Net Current Liabilities (362,052) (354,571)
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Total Assets less Current Liabilities 73 7,554
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Capital and Reserves
Called up share capital 100 100
Retained earnings (27) 7,454
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Equity attributable to owners of the company 73 7,554
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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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Board and authorised for issue on 14 November 2024 and signed on its behalf by
           
           
           
________________________________          
Mr. Liam Burns          
Director          
           



Cranmore Holdings Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 April 2024

   
1. General Information
 
Cranmore Holdings Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI667703. The registered office of the company is 100 Abbey Ring, Holywood, BT18 9PF which is also the principal place of business of the company. This companies principal activity inlcueds other letting and operating of own or leased real estate The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 April 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 15% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investment properties
Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Profit and Loss Account.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 2, (2023 - 2).
 
  2024 2023
  Number Number
 
Directors 2 2
  ═════════ ═════════
       
4. Tangible assets
  Investment Total
  properties  
     
  £ £
Cost
At 1 May 2023 - -
Additions 362,125 362,125
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At 30 April 2024 362,125 362,125
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Depreciation
At 1 May 2023 - -
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At 30 April 2024 - -
  ───────── ─────────
Net book value
At 30 April 2024 362,125 362,125
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