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Company Registration No. 01438294 (England and Wales)
Cropfame Limited Unaudited accounts for the year ended 30 June 2024
Cropfame Limited Unaudited accounts Contents
Page
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Cropfame Limited Company Information for the year ended 30 June 2024
Directors
Ian Engel Suzanne Engel James Engel
Company Number
01438294 (England and Wales)
Registered Office
95 Elizabeth Court Palgrave Gardens London NW1 6EJ United Kingdom
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Cropfame Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
2,387,391 
2,387,391 
Investments
257,052 
- 
2,644,443 
2,387,391 
Current assets
Debtors
1,163,000 
1,162,520 
Cash at bank and in hand
384,551 
538,609 
1,547,551 
1,701,129 
Creditors: amounts falling due within one year
(94,389)
(104,657)
Net current assets
1,453,162 
1,596,472 
Net assets
4,097,605 
3,983,863 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
4,097,601 
3,983,859 
Shareholders' funds
4,097,605 
3,983,863 
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by
Ian Engel Director Company Registration No. 01438294
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Cropfame Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Cropfame Limited is a private company, limited by shares, registered in England and Wales, registration number 01438294. The registered office is 95 Elizabeth Court, Palgrave Gardens, London, NW1 6EJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 July 2023
2,387,391 
At 30 June 2024
2,387,391 
5
Investments
Other investments 
£ 
Valuation at 1 July 2023
- 
Additions
257,052 
Valuation at 30 June 2024
257,052 
The investment represents a one-year fixed rate bond of £250,000 invested on 15 December 2023 earning interest at 5.2% per annum.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
1,163,000 
1,162,520 
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Cropfame Limited Notes to the Accounts for the year ended 30 June 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,568 
7,489 
Taxes and social security
39,109 
49,997 
Other creditors
2,694 
2,603 
Loans from directors
1,571 
1,571 
Accruals
2,500 
2,550 
Deferred income
40,947 
40,447 
94,389 
104,657 
8
Transactions with related parties
Debtors falling due after one year relates to a loan to Lecana Ltd, the company's ultimate holding company.
9
Controlling party
Cropfame Limited is a wholly owned subsidiary of Lecana Ltd, a company registered in the UK.
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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