CRONINC LTD

Company Registration Number:
10974290 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

CRONINC LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

CRONINC LTD

Company Information

for the Period Ended 31 March 2024




Director: M Cronin
Registered office: 12
Ivanhoe Road
London
England
SE5 8DH
Company Registration Number: 10974290 (England and Wales)

CRONINC LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 2,040 1,607
Total fixed assets: 2,040 1,607
Current assets
Stocks: 0 0
Debtors: 5 86,043 48,383
Cash at bank and in hand: 1,863 1,395
Total current assets: 87,906 49,778
Creditors: amounts falling due within one year: 6 ( 85,626 ) ( 43,237 )
Net current assets (liabilities): 2,280 6,541
Total assets less current liabilities: 4,320 8,148
Creditors: amounts falling due after more than one year: 7 ( 4,201 ) ( 7,800 )
Total net assets (liabilities): 119 348

The notes form part of these financial statements

CRONINC LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 118 347
Shareholders funds: 119 348

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 26 January 2025
And Signed On Behalf Of The Board By:

Name: M Cronin
Status: Director

The notes form part of these financial statements

CRONINC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents fees raised for the supply of video editing services and is shown net of VAT.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost, net of depreciation and impairment losses.
    Depreciation is recognised so as to write off the assets on the following basis:
    Office Equipment 25% straight line
    IT Equipment 25% straight line

CRONINC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

CRONINC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

CRONINC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 April 2023 1,168 26,415 27,583
Additions 1,612 942 2,554
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2024 2,780 27,357 30,137
Depreciation
At 01 April 2023 810 25,166 25,976
Charge for year 637 1,484 2,121
On disposals - - -
Other adjustments - - -
At 31 March 2024 1,447 26,650 28,097
Net book value
At 31 March 2024 1,333 707 2,040
At 31 March 2023 358 1,249 1,607

CRONINC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors


2024
£

2023
£
Trade debtors 43,927 10,444
Other debtors 42,116 37,939
Total 86,043 48,383

CRONINC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 3,600 3,600
Taxation and social security 80,726 38,637
Accruals and deferred income 1,300 1,000
Total 85,626 43,237

CRONINC LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 4,201 7,800
Total 4,201 7,800