ACCOUNTS - Final Accounts preparation

Registered number: 12967647

CRAYSIDE HOLDINGS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 APRIL 2024

CRAYSIDE HOLDINGS LIMITED

REGISTERED NUMBER: 12967647

BALANCE SHEET

AS AT 29 APRIL 2024

		2024		2023
Note		£		£

Fixed assets
Investments	4		1,001,615		903,865
Current assets
Debtors: amounts falling due within one year	5	446		210,446
Cash at bank and in hand	6	40,570		-
		41,016		210,446
Creditors: amounts falling due within one year	7	(87,790)		(197,790)
Net current (liabilities)/assets			(46,774)		12,656
Total assets less current liabilities			954,841		916,521

Net assets			954,841		916,521

Capital and reserves
Called up share capital	8	714,311	714,311
Profit and loss account		240,530	202,210
		954,841	916,521

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CRAYSIDE HOLDINGS LIMITED

REGISTERED NUMBER: 12967647

BALANCE SHEET (CONTINUED)

AS AT 29 APRIL 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

K R Hollingsworth

Director

Date: 10 March 2025

The notes on pages 3 to 5 form part of these financial statements.

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CRAYSIDE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 APRIL 2024

1.	General information

Crayside Holdings Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Unit 11 The Glenmore Centre, Fancy Road, Poole, BH12 4FB.
The company is a holding company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

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CRAYSIDE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 APRIL 2024

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 30 April 2023	903,865
	Additions	97,750
	At 29 April 2024	1,001,615

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	-	210,000
Unpaid share capital	446	446
	446	210,446

6.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	40,570	-
	40,570	-

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	86,590	196,590
Accruals and deferred income	1,200	1,200
	87,790	197,790

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CRAYSIDE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 APRIL 2024

8.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

87,503,073 (2023 - 101,789,288) A Ordinary shares of £0.005 each	437,515.365	508,946.440
33,929,763 (2023 - 33,929,763) B Ordinary shares of £0.005 each	169,648.815	169,648.815
7,143,108 (2023 - 7,143,108) C Ordinary shares of £0.005 each	35,715.540	35,715.540
14,286,216 (2023 - NIL) D Ordinary shares of £0.005 each	71,431.080	-

	714,310.800	714,310.795

During the year, 14,286,216 Ordinary A shares of £0.005 were redesignated as Ordinary D shares of £0.005, each having full voting and dividend rights and rights to a distribution on a winding up.

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