Company No:
Contents
DIRECTORS | A George (Appointed 10 January 2023) |
F L J Pearson (Appointed 10 January 2023) |
REGISTERED OFFICE | 172 Sea Front |
Hayling Island | |
PO11 9HP | |
United Kingdom |
COMPANY NUMBER | 14583430 (England and Wales) |
ACCOUNTANT | Shaw Gibbs Limited |
Wey Court West | |
Union Road | |
Farnham | |
Surrey | |
GU9 7PT |
Note | 31.01.2024 | |
£ | ||
Current assets | ||
Debtors | 3 |
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Cash at bank and in hand | 4 |
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30,824 | ||
Creditors: amounts falling due within one year | 5 | (
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Net current assets | 22,598 | |
Total assets less current liabilities | 22,598 | |
Net assets |
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Capital and reserves | ||
Called-up share capital | 6 |
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Profit and loss account |
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Total shareholders' funds |
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Directors' responsibilities:
The financial statements of CRG AC Limited (registered number:
A George
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
CRG AC Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 172 Sea Front , Hayling Island, PO11 9HP, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Period from 10.01.2023 to 31.01.2024 |
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Number | |
Monthly average number of persons employed by the Company during the period, including directors |
|
31.01.2024 | |
£ | |
Amounts owed by related parties |
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S455 |
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Other debtors |
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|
31.01.2024 | |
£ | |
Cash at bank and in hand |
|
31.01.2024 | |
£ | |
Accruals |
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Taxation and social security |
|
|
31.01.2024 | |
£ | |
Allotted, called-up and fully-paid | |
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