IRIS Accounts Production v24.3.0.553 03533156 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035331562023-04-30035331562024-04-30035331562023-05-012024-04-30035331562022-04-30035331562022-05-012023-04-30035331562023-04-3003533156ns15:EnglandWales2023-05-012024-04-3003533156ns14:PoundSterling2023-05-012024-04-3003533156ns10:Director12023-05-012024-04-3003533156ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3003533156ns10:SmallEntities2023-05-012024-04-3003533156ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3003533156ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3003533156ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3003533156ns10:FullAccounts2023-05-012024-04-3003533156ns10:RegisteredOffice2023-05-012024-04-3003533156ns5:CurrentFinancialInstruments2024-04-3003533156ns5:CurrentFinancialInstruments2023-04-3003533156ns5:Non-currentFinancialInstruments2024-04-3003533156ns5:Non-currentFinancialInstruments2023-04-3003533156ns5:ShareCapital2024-04-3003533156ns5:ShareCapital2023-04-3003533156ns5:RevaluationReserve2024-04-3003533156ns5:RevaluationReserve2023-04-3003533156ns5:CapitalRedemptionReserve2024-04-3003533156ns5:CapitalRedemptionReserve2023-04-3003533156ns5:FurtherSpecificReserve1ComponentTotalEquity2024-04-3003533156ns5:FurtherSpecificReserve1ComponentTotalEquity2023-04-3003533156ns5:RetainedEarningsAccumulatedLosses2024-04-3003533156ns5:RetainedEarningsAccumulatedLosses2023-04-3003533156ns5:LongLeaseholdAssetsns5:LandBuildings2023-05-012024-04-3003533156ns5:ComputerEquipment2023-05-012024-04-3003533156ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-3003533156ns5:FurnitureFittings2023-04-3003533156ns5:ComputerEquipment2023-04-3003533156ns5:FurnitureFittings2023-05-012024-04-3003533156ns5:LongLeaseholdAssetsns5:LandBuildings2024-04-3003533156ns5:FurnitureFittings2024-04-3003533156ns5:ComputerEquipment2024-04-3003533156ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-3003533156ns5:FurnitureFittings2023-04-3003533156ns5:ComputerEquipment2023-04-3003533156ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3003533156ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3003533156ns5:RevaluationReserve2023-04-30
REGISTERED NUMBER: 03533156 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Cressbrook Properties Limited

Cressbrook Properties Limited (Registered number: 03533156)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cressbrook Properties Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: P Selencky





REGISTERED OFFICE: Suite 4
164-170 Queens Road
Sheffield
South Yorkshire
S2 4DH





REGISTERED NUMBER: 03533156 (England and Wales)





ACCOUNTANTS: Hawson Jefferies
Suite 4
164-170 Queens Road
Sheffield
South Yorkshire
S2 4DH

Cressbrook Properties Limited (Registered number: 03533156)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,470,232 1,470,547

CURRENT ASSETS
Debtors 5 4,807 8,234
Cash at bank 182,416 177,851
187,223 186,085
CREDITORS
Amounts falling due within one year 6 68,449 74,853
NET CURRENT ASSETS 118,774 111,232
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,589,006

1,581,779

CREDITORS
Amounts falling due after more than one
year

7

205,525

211,768
NET ASSETS 1,383,481 1,370,011

CAPITAL AND RESERVES
Called up share capital 35 35
Revaluation reserve 8 838,757 838,757
Capital redemption reserve 1 1
Other reserves (376,000 ) (376,000 )
Retained earnings 920,688 907,218
SHAREHOLDERS' FUNDS 1,383,481 1,370,011

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 director acknowledges his 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.

Cressbrook Properties Limited (Registered number: 03533156)

Balance Sheet - continued
30 April 2024


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 director and authorised for issue on 29 January 2025 and were signed by:





P Selencky - Director


Cressbrook Properties Limited (Registered number: 03533156)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Cressbrook Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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.
Buildings - not provided
Computer equipment - 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

Cressbrook Properties Limited (Registered number: 03533156)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
Buildings fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 1,466,291 8,761 5,792 1,480,844
Additions - - 1,166 1,166
At 30 April 2024 1,466,291 8,761 6,958 1,482,010
DEPRECIATION
At 1 May 2023 - 4,902 5,395 10,297
Charge for year - 965 516 1,481
At 30 April 2024 - 5,867 5,911 11,778
NET BOOK VALUE
At 30 April 2024 1,466,291 2,894 1,047 1,470,232
At 30 April 2023 1,466,291 3,859 397 1,470,547

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 1,359 2,371
Other debtors 3,448 5,863
4,807 8,234

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,902 15,105
Trade creditors 4,596 10,102
Taxation and social security 25,928 23,696
Other creditors 27,023 25,950
68,449 74,853

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 205,525 211,768

8. RESERVES
Revaluation
reserve
£   
At 1 May 2023
and 30 April 2024 838,757