Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 13207691 Mr Garry Cresswell Mr Ryan Cresswell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13207691 2023-02-28 13207691 2024-02-29 13207691 2023-03-01 2024-02-29 13207691 frs-core:CurrentFinancialInstruments 2024-02-29 13207691 frs-core:Non-currentFinancialInstruments 2024-02-29 13207691 frs-core:ShareCapital 2024-02-29 13207691 frs-core:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 13207691 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13207691 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13207691 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13207691 frs-bus:SmallEntities 2023-03-01 2024-02-29 13207691 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13207691 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13207691 frs-bus:Director1 2023-03-01 2024-02-29 13207691 frs-bus:Director2 2023-03-01 2024-02-29 13207691 frs-core:CurrentFinancialInstruments 1 2024-02-29 13207691 frs-countries:EnglandWales 2023-03-01 2024-02-29 13207691 2022-02-28 13207691 2023-02-28 13207691 2022-03-01 2023-02-28 13207691 frs-core:CurrentFinancialInstruments 2023-02-28 13207691 frs-core:Non-currentFinancialInstruments 2023-02-28 13207691 frs-core:ShareCapital 2022-02-28 13207691 frs-core:ShareCapital 2023-02-28 13207691 frs-core:RetainedEarningsAccumulatedLosses 2022-03-01 2023-02-28 13207691 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-02-28 13207691 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 13207691 frs-core:CurrentFinancialInstruments 1 2023-02-28
Registered number: 13207691
Cresswell Capital Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
GMS FC Limited
1 London Road
Ipswich
Suffolk
IP1 2HA
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Page 1
Balance Sheet
Registered number: 13207691
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 840,097 680,732
840,097 680,732
CURRENT ASSETS
Debtors 5 43,148 9,068
Cash at bank and in hand 155,824 71,381
198,972 80,449
Creditors: Amounts Falling Due Within One Year 6 (597,731 ) (283,372 )
NET CURRENT ASSETS (LIABILITIES) (398,759 ) (202,923 )
TOTAL ASSETS LESS CURRENT LIABILITIES 441,338 477,809
Creditors: Amounts Falling Due After More Than One Year 7 (542,432 ) (542,432 )
NET LIABILITIES (101,094 ) (64,623 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (101,095 ) (64,624 )
SHAREHOLDERS' FUNDS (101,094) (64,623)
Page 1
Page 2
For the year ending 29 February 2024 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Ryan Cresswell
Director
27th November 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 March 2022 1 (32,536 ) (32,535)
Loss for the year and total comprehensive income - (32,088 ) (32,088)
As at 28 February 2023 and 1 March 2023 1 (64,624 ) (64,623)
Loss for the year and total comprehensive income - (36,471 ) (36,471)
As at 29 February 2024 1 (101,095 ) (101,094)
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Cresswell Capital Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13207691 . The registered office is 38 Milford Street, Salisbury, SP1 2BP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 March 2023 680,732
Additions 159,365
As at 29 February 2024 840,097
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 43,148 9,068
43,148 9,068
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors (1) 69,439 65,000
Directors' loan accounts 213,292 218,372
Amounts owed to group undertakings 315,000 -
597,731 283,372
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 542,432 542,432
542,432 542,432
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5