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Registration number: 11020337

CRH Developments Limited

Unaudited Financial Statements

for the Year Ended 31 October 2024

 

CRH Developments Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

CRH Developments Limited

(Registration number: 11020337)
Balance Sheet as at 31 October 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

73,259

77,514

Cash at bank and in hand

 

224

178

 

73,483

77,692

Creditors: Amounts falling due within one year

5

(22,144)

(22,162)

Total assets less current liabilities

 

51,339

55,530

Creditors: Amounts falling due after more than one year

5

(9,010)

(12,261)

Net assets

 

42,329

43,269

Capital and reserves

 

Called up share capital

20

20

Retained earnings

42,309

43,249

Shareholders' funds

 

42,329

43,269

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 March 2025
 

.........................................
Mr Chay Ruston Hedger
Director

 

CRH Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 1
Cam Centre
Wilbury Way
Hitchin
Hertfordshire
SG4 0TW
United Kingdom

These financial statements were authorised for issue by the director on 24 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

CRH Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Debtors

Current

2024
£

2023
£

Other debtors

73,259

77,514

 

73,259

77,514

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

9

10,000

10,000

Accruals and deferred income

 

420

438

Other creditors

 

11,724

11,724

 

22,144

22,162

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

9,010

12,261

 

CRH Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

6

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary Shares of £1 each

20

20

20

20

         

7

Related party transactions

Other transactions with the director

At the company year end the company owed the directors a net of £11,724 (2023 : £11,724). There are no set repayment terms nor interest being charged,

8

Parent and ultimate parent undertaking

The ultimate controlling party is Chay Hedger and Lorraine Hedger as equal shareholders.

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

9,010

12,261

Current loans and borrowings

2024
£

2023
£

Bank borrowings

10,000

10,000