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REGISTERED NUMBER: 01644461 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

CRUPRON CONSTRUCTION LIMITED

CRUPRON CONSTRUCTION LIMITED (REGISTERED NUMBER: 01644461)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CRUPRON CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: L L Hughes
P E Hughes
L C Hughes





SECRETARY: L L Hughes





REGISTERED OFFICE: Orchard House
Michaelston-le-Pit
Dinas Powys
Vale of Glamorgan
CF64 4HE





REGISTERED NUMBER: 01644461 (England and Wales)





ACCOUNTANTS: Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1BE

CRUPRON CONSTRUCTION LIMITED (REGISTERED NUMBER: 01644461)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,314 56,417
Investment property 5 750,000 600,000
788,314 656,417

CURRENT ASSETS
Stocks 200 300
Debtors 6 12,022 11,636
Cash at bank 57,189 33,402
69,411 45,338
CREDITORS
Amounts falling due within one year 7 152,203 146,161
NET CURRENT LIABILITIES (82,792 ) (100,823 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

705,522

555,594

CREDITORS
Amounts falling due after more than one
year

8

(28,413

)

(40,450

)

PROVISIONS FOR LIABILITIES (77,279 ) (52,065 )
NET ASSETS 599,830 463,079

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 521,770 416,167
Retained earnings 77,960 46,812
SHAREHOLDERS' FUNDS 599,830 463,079

CRUPRON CONSTRUCTION LIMITED (REGISTERED NUMBER: 01644461)

BALANCE SHEET - continued
31 MAY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 29 January 2025 and were signed on its behalf by:





L L Hughes - Director


CRUPRON CONSTRUCTION LIMITED (REGISTERED NUMBER: 01644461)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Crupron Construction 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The company has net current liabilities and relies on the going support of the directors. The directors have confirmed that they will be continuing to provide this support as required for the 12 months from the date of approval of these accounts. Accordingly the accounts are prepared on a going concern basis.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 50% on cost, 25% on cost and 20% on cost
Motor vehicles - 20% on cost

Investment property
Investment property is included at fair value and any fair value adjustments are recognised in the income statement. Deferred taxation is provided on any gains at the rate expected to apply when the property is sold.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


CRUPRON CONSTRUCTION LIMITED (REGISTERED NUMBER: 01644461)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023 15,980 77,200 93,180
Additions 166 - 166
At 31 May 2024 16,146 77,200 93,346
DEPRECIATION
At 1 June 2023 15,027 21,736 36,763
Charge for year 511 17,758 18,269
At 31 May 2024 15,538 39,494 55,032
NET BOOK VALUE
At 31 May 2024 608 37,706 38,314
At 31 May 2023 953 55,464 56,417

CRUPRON CONSTRUCTION LIMITED (REGISTERED NUMBER: 01644461)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 71,033
DEPRECIATION
At 1 June 2023 15,569
Charge for year 17,758
At 31 May 2024 33,327
NET BOOK VALUE
At 31 May 2024 37,706
At 31 May 2023 55,464

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 600,000
Revaluations 150,000
At 31 May 2024 750,000
NET BOOK VALUE
At 31 May 2024 750,000
At 31 May 2023 600,000

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2008 333,621
Valuation in 2009 105,000
Valuation in 2013 (50,000 )
Valuation in 2014 (100,000 )
Valuation in 2015 (50,000 )
Valuation in 2016 50,000
Valuation in 2017 25,000
Valuation in 2021 75,000
Valuation in 2022 50,000
Valuation in 2024 150,000
Cost 161,379
750,000

CRUPRON CONSTRUCTION LIMITED (REGISTERED NUMBER: 01644461)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


5. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 161,379 161,379

Investment property was valued on an open market basis on 31 May 2024 by L L Hughes, a director of the company .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,152 3,961
Other debtors 870 7,675
12,022 11,636

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 11,437 11,229
Trade creditors 5,405 3,803
Taxation and social security 8,916 1,564
Other creditors 126,445 129,565
152,203 146,161

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 28,413 40,450

9. RESERVES
Fair
value
reserve
£   
At 1 June 2023 416,167
Property revaluation 105,603

At 31 May 2024 521,770

10. RELATED PARTY DISCLOSURES

At the end of the year the company owed the directors £123,910 (2023: £127,096). No interest was charged during the year (2023: Nil).