Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activity2023-04-01false11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00458523 2023-04-01 2024-03-31 00458523 2022-04-01 2023-03-31 00458523 2024-03-31 00458523 2023-03-31 00458523 c:Director1 2023-04-01 2024-03-31 00458523 d:Buildings 2023-04-01 2024-03-31 00458523 d:Buildings 2024-03-31 00458523 d:Buildings 2023-03-31 00458523 d:Buildings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00458523 d:Buildings d:ShortLeaseholdAssets 2023-04-01 2024-03-31 00458523 d:Buildings d:ShortLeaseholdAssets 2024-03-31 00458523 d:Buildings d:ShortLeaseholdAssets 2023-03-31 00458523 d:PlantMachinery 2023-04-01 2024-03-31 00458523 d:PlantMachinery 2024-03-31 00458523 d:PlantMachinery 2023-03-31 00458523 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00458523 d:MotorVehicles 2023-04-01 2024-03-31 00458523 d:MotorVehicles 2024-03-31 00458523 d:MotorVehicles 2023-03-31 00458523 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00458523 d:FurnitureFittings 2023-04-01 2024-03-31 00458523 d:FurnitureFittings 2024-03-31 00458523 d:FurnitureFittings 2023-03-31 00458523 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00458523 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00458523 d:CurrentFinancialInstruments 2024-03-31 00458523 d:CurrentFinancialInstruments 2023-03-31 00458523 d:Non-currentFinancialInstruments 2024-03-31 00458523 d:Non-currentFinancialInstruments 2023-03-31 00458523 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 00458523 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 00458523 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 00458523 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 00458523 d:ShareCapital 2024-03-31 00458523 d:ShareCapital 2023-03-31 00458523 d:CapitalRedemptionReserve 2024-03-31 00458523 d:CapitalRedemptionReserve 2023-03-31 00458523 d:OtherMiscellaneousReserve 2024-03-31 00458523 d:OtherMiscellaneousReserve 2023-03-31 00458523 d:RetainedEarningsAccumulatedLosses 2024-03-31 00458523 d:RetainedEarningsAccumulatedLosses 2023-03-31 00458523 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 00458523 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 00458523 c:FRS102 2023-04-01 2024-03-31 00458523 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 00458523 c:FullAccounts 2023-04-01 2024-03-31 00458523 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 00458523 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 00458523










CROUCH (DEHYDRATORS) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
CROUCH (DEHYDRATORS) LIMITED
REGISTERED NUMBER:00458523

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,123,301
1,152,266

  
1,123,301
1,152,266

Current assets
  

Stocks
  
6,401
31,519

Debtors: amounts falling due within one year
 5 
259,400
165,458

Cash at bank and in hand
  
64,296
93,299

  
330,097
290,276

Creditors: amounts falling due within one year
 6 
(34,722)
(59,302)

Net current assets
  
 
 
295,375
 
 
230,974

Total assets less current liabilities
  
1,418,676
1,383,240

Creditors: amounts falling due after more than one year
 7 
-
(15,000)

  

Net assets
  
1,418,676
1,368,240


Capital and reserves
  

Called up share capital 
  
71,350
71,350

Capital redemption reserve
  
69,650
69,650

Other reserves
  
747,188
747,188

Profit and loss account
  
530,488
480,052

  
1,418,676
1,368,240


Page 1

 
CROUCH (DEHYDRATORS) LIMITED
REGISTERED NUMBER:00458523
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The director considers 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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 on 23 December 2024.




................................................
Mrs S C Skeffington
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
CROUCH (DEHYDRATORS) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Crouch (Dehydrators) Limited is a private company by limited shares and incorporated in England and Wales, registration number 00458523. The registered office is Faiers House, Gilray Road, Diss, United Kingdom, IP22 4WR.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
CROUCH (DEHYDRATORS) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
Not depreciated
Improvements to Property
-
10%
Straight line
Plant & machinery
-
30%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures & fittings
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
CROUCH (DEHYDRATORS) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1)

Page 5

 
CROUCH (DEHYDRATORS) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Freehold property
S/Term Leasehold Property
Plant & machinery
Motor vehicles
Fixtures & fittings

£
£
£
£
£



Cost or valuation


At 1 April 2023
463,307
1,413,427
410,087
155,475
27,426


Additions
-
-
5,542
-
-



At 31 March 2024

463,307
1,413,427
415,629
155,475
27,426



Depreciation


At 1 April 2023
66,509
747,572
328,224
147,956
27,195


Charge for the year on owned assets
-
14,224
18,345
1,880
58



At 31 March 2024

66,509
761,796
346,569
149,836
27,253



Net book value



At 31 March 2024
396,798
651,631
69,060
5,639
173



At 31 March 2023
396,798
665,855
81,863
7,519
231
Page 6

 
CROUCH (DEHYDRATORS) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

           4.Tangible fixed assets (continued)


Total

£



Cost or valuation


At 1 April 2023
2,469,722


Additions
5,542



At 31 March 2024

2,475,264



Depreciation


At 1 April 2023
1,317,456


Charge for the year on owned assets
34,507



At 31 March 2024

1,351,963



Net book value



At 31 March 2024
1,123,301



At 31 March 2023
1,152,266


5.


Debtors

2024
2023
£
£


Other debtors
79,363
31,159

Prepayments and accrued income
7,089
6,029

Deferred taxation
172,948
128,270

259,400
165,458


Page 7

 
CROUCH (DEHYDRATORS) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
8,590
31,374

Obligations under finance lease and hire purchase contracts
15,000
15,000

Other creditors
3,287
9,753

Accruals and deferred income
7,845
3,175

34,722
59,302



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
-
15,000

-
15,000



8.


Deferred taxation




2024


£






At beginning of year
128,270


Charged to profit or loss
44,678



At end of year
172,948

The deferred tax asset is made up as follows:

2024
2023
£
£


Accelerated capital allowances
172,948
128,270

172,948
128,270

Page 8

 
CROUCH (DEHYDRATORS) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £548 (2023 - £1,386) . 


10.


Related party transactions

At the balance sheet date, the directors owed the company £75,258 (2023 - 31,055).


Page 9