Silverfin false false 31/12/2024 01/01/2024 31/12/2024 J O'Connor 07/09/2016 S O'Connor 07/09/2016 07 May 2025 The principal activity of the Company during the year was rental income from investment properties. 10364024 2024-12-31 10364024 bus:Director1 2024-12-31 10364024 bus:Director2 2024-12-31 10364024 2023-12-31 10364024 core:CurrentFinancialInstruments 2024-12-31 10364024 core:CurrentFinancialInstruments 2023-12-31 10364024 core:Non-currentFinancialInstruments 2024-12-31 10364024 core:Non-currentFinancialInstruments 2023-12-31 10364024 core:ShareCapital 2024-12-31 10364024 core:ShareCapital 2023-12-31 10364024 core:RetainedEarningsAccumulatedLosses 2024-12-31 10364024 core:RetainedEarningsAccumulatedLosses 2023-12-31 10364024 core:PlantMachinery 2023-12-31 10364024 core:Vehicles 2023-12-31 10364024 core:PlantMachinery 2024-12-31 10364024 core:Vehicles 2024-12-31 10364024 core:RemainingRelatedParties core:Non-currentFinancialInstruments 2024-12-31 10364024 core:RemainingRelatedParties core:Non-currentFinancialInstruments 2023-12-31 10364024 bus:OrdinaryShareClass1 2024-12-31 10364024 2024-01-01 2024-12-31 10364024 bus:FilletedAccounts 2024-01-01 2024-12-31 10364024 bus:SmallEntities 2024-01-01 2024-12-31 10364024 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10364024 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10364024 bus:Director1 2024-01-01 2024-12-31 10364024 bus:Director2 2024-01-01 2024-12-31 10364024 core:PlantMachinery 2024-01-01 2024-12-31 10364024 core:Vehicles core:TopRangeValue 2024-01-01 2024-12-31 10364024 2023-01-01 2023-12-31 10364024 core:Vehicles 2024-01-01 2024-12-31 10364024 core:Non-currentFinancialInstruments 2024-01-01 2024-12-31 10364024 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 10364024 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10364024 (England and Wales)

CRANBROOK HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

CRANBROOK HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

CRANBROOK HOLDINGS LIMITED

BALANCE SHEET

As at 31 December 2024
CRANBROOK HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,774 2,756
Investment property 4 1,242,709 1,242,709
1,244,483 1,245,465
Current assets
Debtors 5 6,624 1,871
Cash at bank and in hand 6,702 8,604
13,326 10,475
Creditors: amounts falling due within one year 6 ( 384,219) ( 432,141)
Net current liabilities (370,893) (421,666)
Total assets less current liabilities 873,590 823,799
Creditors: amounts falling due after more than one year 7 ( 912,780) ( 878,360)
Net liabilities ( 39,190) ( 54,561)
Capital and reserves
Called-up share capital 8 2 2
Profit and loss account ( 39,192 ) ( 54,563 )
Total shareholders' deficit ( 39,190) ( 54,561)

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

Directors' responsibilities:

The financial statements of Cranbrook Holdings Limited (registered number: 10364024) were approved and authorised for issue by the Board of Directors on 07 May 2025. They were signed on its behalf by:

S O'Connor
Director
CRANBROOK HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
CRANBROOK HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Cranbrook Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises of rent received in the ordinary course of the company's activities.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery 20 % reducing balance
Vehicles 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial assets
An asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.

For financial assets carried at amortised cost, the amount of impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate.

For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.

Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Plant and machinery Vehicles Total
£ £ £
Cost
At 01 January 2024 2,196 2,495 4,691
At 31 December 2024 2,196 2,495 4,691
Accumulated depreciation
At 01 January 2024 1,450 485 1,935
Charge for the financial year 150 832 982
At 31 December 2024 1,600 1,317 2,917
Net book value
At 31 December 2024 596 1,178 1,774
At 31 December 2023 746 2,010 2,756

4. Investment property

Investment property
£
Valuation
As at 01 January 2024 1,242,709
As at 31 December 2024 1,242,709

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

2024 2023
£ £
Historic cost 1,242,709 1,242,709

5. Debtors

2024 2023
£ £
Trade debtors 2,482 1,871
Other debtors 4,142 0
6,624 1,871

6. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 85,150 99,000
Trade creditors 3,410 0
Other creditors 295,659 333,141
384,219 432,141

7. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 242,412 272,142
Amounts owed to related parties 670,368 606,218
912,780 878,360

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2