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REGISTERED NUMBER: 12570696 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

DAUGHTER OF CROFT LIMITED

DAUGHTER OF CROFT LIMITED (REGISTERED NUMBER: 12570696)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


DAUGHTER OF CROFT LIMITED (REGISTERED NUMBER: 12570696)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,422 1,555
Investments 5 50,656 15,220
52,078 16,775

CURRENT ASSETS
Debtors 6 - 29,351
Cash at bank 28,344 5,361
28,344 34,712
CREDITORS
Amounts falling due within one year 7 35,064 20,065
NET CURRENT (LIABILITIES)/ASSETS (6,720 ) 14,647
TOTAL ASSETS LESS CURRENT LIABILITIES 45,358 31,422

PROVISIONS FOR LIABILITIES 270 -
NET ASSETS 45,088 31,422

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 45,078 31,412
45,088 31,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by:





H A Atkinson - Director


DAUGHTER OF CROFT LIMITED (REGISTERED NUMBER: 12570696)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Daughter of Croft Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12570696

Registered office: 3rd Floor
21 Perrymount Road
Haywards Heath
RH16 3TP

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

DAUGHTER OF CROFT LIMITED (REGISTERED NUMBER: 12570696)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 3,238
Additions 328
At 30 April 2024 3,566
DEPRECIATION
At 1 May 2023 1,683
Charge for year 461
At 30 April 2024 2,144
NET BOOK VALUE
At 30 April 2024 1,422
At 30 April 2023 1,555

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023 15,220
Additions 28,909
Revaluations 6,527
At 30 April 2024 50,656
NET BOOK VALUE
At 30 April 2024 50,656
At 30 April 2023 15,220

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2023 (10,362 )
Valuation in 2024 6,527
Cost 54,491
50,656

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 10,000
Other debtors - 19,351
- 29,351

DAUGHTER OF CROFT LIMITED (REGISTERED NUMBER: 12570696)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 323 -
Taxation and social security 33,565 20,065
Other creditors 1,176 -
35,064 20,065