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REGISTERED NUMBER: 04472677 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 MAY 2024

FOR

CRAG HEAD LIMITED

CRAG HEAD LIMITED (REGISTERED NUMBER: 04472677)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CRAG HEAD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 24 MAY 2024







DIRECTORS: W D Godwin
M R Jackson
P L Kerstein
S D Morant
P F Quantick
J R Vernon
M Davis
R S Gosschalk
C Michaels





SECRETARY: Foxes Property Management Limited





REGISTERED OFFICE: 6 Poole Hill
Bournemouth
United Kingdom
Dorset
BH2 5PS





REGISTERED NUMBER: 04472677 (England and Wales)





AUDITORS: Carter & Coley Limited
Chartered Accountants and Statutory Auditor
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

CRAG HEAD LIMITED (REGISTERED NUMBER: 04472677)

BALANCE SHEET
24 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 780,273 780,273

CURRENT ASSETS
Debtors 5 3,984 3,705
Cash at bank 2,464 9,584
6,448 13,289
CREDITORS
Amounts falling due within one year 6 632 1,770
NET CURRENT ASSETS 5,816 11,519
TOTAL ASSETS LESS CURRENT
LIABILITIES

786,089

791,792

RESERVES
Particpants' Reserve Fund 7 786,089 791,792
786,089 791,792

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 23 August 2024 and were signed on its behalf by:





W D Godwin - Director


CRAG HEAD LIMITED (REGISTERED NUMBER: 04472677)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 MAY 2024


1. STATUTORY INFORMATION

Crag Head 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.

Turnover comprises ground rent due for the year.

Taxation
Taxation for the year comprises current and deferred tax.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 25 May 2023
and 24 May 2024 780,273
NET BOOK VALUE
At 24 May 2024 780,273
At 24 May 2023 780,273

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Monies due from service charge account 3,984 3,705

CRAG HEAD LIMITED (REGISTERED NUMBER: 04472677)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 24 MAY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 632 1,770

7. RESERVES
Particpants'
Reserve
Fund
£   

At 25 May 2023 791,792
Deficit for the year (1,761 )
Distribution to debenture
holders

(3,942

)

At 24 May 2024 786,089

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Anthony Cooke (Senior Statutory Auditor)
for and on behalf of Carter & Coley Limited