1 April 2023 false No description of principal activity Taxfiler 2024.6 08452157business:PrivateLimitedCompanyLtd2023-04-012024-03-31 084521572023-03-31 084521572023-04-012024-03-31 08452157business:AuditExemptWithAccountantsReport2023-04-012024-03-31 08452157business:FilletedAccounts2023-04-012024-03-31 084521572024-03-31 08452157business:Director12023-04-012024-03-31 08452157business:Director22023-04-012024-03-31 08452157business:Director32023-04-012024-03-31 08452157business:Director42023-04-012024-03-31 08452157business:RegisteredOffice2023-04-012024-03-31 084521572023-03-31 08452157core:WithinOneYear2024-03-31 08452157core:WithinOneYear2023-03-31 08452157core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08452157core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08452157core:CapitalRedemptionReservecore:PreviouslyStatedAmount2024-03-31 08452157core:CapitalRedemptionReservecore:PreviouslyStatedAmount2023-03-31 08452157core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08452157core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08452157core:PreviouslyStatedAmount2024-03-31 08452157core:PreviouslyStatedAmount2023-03-31 08452157business:SmallEntities2023-04-012024-03-31 08452157countries:EnglandWales2023-04-012024-03-31 08452157core:LandBuildings2023-04-012024-03-31 08452157core:PlantMachinery2023-04-012024-03-31 08452157core:FurnitureFittings2023-04-012024-03-31 08452157core:ComputerEquipment2023-04-012024-03-31 08452157core:Goodwill2023-03-31 08452157core:Goodwill2024-03-31 08452157core:LandBuildings2023-03-31 08452157core:PlantMachinery2023-03-31 08452157core:FurnitureFittings2023-03-31 08452157core:ComputerEquipment2023-03-31 08452157core:LandBuildings2024-03-31 08452157core:PlantMachinery2024-03-31 08452157core:FurnitureFittings2024-03-31 08452157core:ComputerEquipment2024-03-31 08452157core:DisposalsRepaymentsInvestments2024-03-31 084521572022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08452157 (England and Wales)
Croute Limited Unaudited accounts for the year ended 31 March 2024
Croute Limited Unaudited accounts Contents
Page
- 2 -
Croute Limited Company Information for the year ended 31 March 2024
Directors
N Devlin A Bonnefoy G Winyard S Soulard
Company Number
08452157 (England and Wales)
Registered Office
109 Bermondsey Street London SE1 3XB
Accountants
Austin, Taylor Limited 16 Dover Street Canterbury Kent CT1 3HD
- 3 -
Croute Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
77,439 
78,133 
Investments
- 
36 
77,439 
78,169 
Current assets
Inventories
10,000 
10,000 
Debtors
164,970 
275,214 
Cash at bank and in hand
172,426 
116,361 
347,396 
401,575 
Creditors: amounts falling due within one year
(206,781)
(229,478)
Net current assets
140,615 
172,097 
Total assets less current liabilities
218,054 
250,266 
Provisions for liabilities
Deferred tax
(14,714)
(12,455)
Net assets
203,340 
237,811 
Capital and reserves
Called up share capital
72 
72 
Capital redemption reserve
28 
28 
Profit and loss account
203,240 
237,711 
Shareholders' funds
203,340 
237,811 
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by
N Devlin Director Company Registration No. 08452157
- 4 -
Croute Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Croute Limited is a private company, limited by shares, registered in England and Wales, registration number 08452157. The registered office is 109 Bermondsey Street, London, SE1 3XB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5% On cost
Plant & machinery
20% On cost
Fixtures & fittings
20% On cost
Computer equipment
33% On cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Croute Limited Notes to the Accounts for the year ended 31 March 2024
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
132,000 
At 31 March 2024
132,000 
Amortisation
At 1 April 2023
132,000 
At 31 March 2024
132,000 
Net book value
At 31 March 2024
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
138,479 
41,873 
25,841 
8,478 
214,671 
Additions
- 
10,091 
- 
- 
10,091 
At 31 March 2024
138,479 
51,964 
25,841 
8,478 
224,762 
Depreciation
At 1 April 2023
64,360 
37,859 
25,841 
8,478 
136,538 
Charge for the year
6,924 
3,861 
- 
- 
10,785 
At 31 March 2024
71,284 
41,720 
25,841 
8,478 
147,323 
Net book value
At 31 March 2024
67,195 
10,244 
- 
- 
77,439 
At 31 March 2023
74,119 
4,014 
- 
- 
78,133 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
36 
Disposals
(36)
Valuation at 31 March 2024
- 
- 6 -
Croute Limited Notes to the Accounts for the year ended 31 March 2024
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,900 
- 
Accrued income and prepayments
11,300 
13,624 
Other debtors
151,770 
261,590 
164,970 
275,214 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
38,157 
Trade creditors
46,405 
54,265 
Taxes and social security
159,199 
121,040 
Other creditors
1,177 
16,016 
206,781 
229,478 
9
Average number of employees
During the year the average number of employees was 11 (2023: 11).
- 7 -