Cromwell Close London N2 Limited 03125270 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is did not trade Digita Accounts Production Advanced 6.30.9574.0 true true 03125270 2024-01-01 2024-12-31 03125270 2024-12-31 03125270 bus:OrdinaryShareClass1 2024-12-31 03125270 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 03125270 core:LandBuildings 2024-12-31 03125270 bus:SmallEntities 2024-01-01 2024-12-31 03125270 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 03125270 bus:FilletedAccounts 2024-01-01 2024-12-31 03125270 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03125270 bus:RegisteredOffice 2024-01-01 2024-12-31 03125270 bus:Director3 2024-01-01 2024-12-31 03125270 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 03125270 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03125270 core:LandBuildings 2024-01-01 2024-12-31 03125270 countries:UnitedKingdom 2024-01-01 2024-12-31 03125270 2023-12-31 03125270 core:LandBuildings 2023-12-31 03125270 2023-01-01 2023-12-31 03125270 2023-12-31 03125270 bus:OrdinaryShareClass1 2023-12-31 03125270 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 03125270 core:LandBuildings 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03125270

Cromwell Close London N2 Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Cromwell Close London N2 Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

Cromwell Close London N2 Limited

(Registration number: 03125270)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

8

8

Current assets

 

Cash at bank and in hand

 

58

58

Creditors: Amounts falling due within one year

5

(212)

(212)

Net current liabilities

 

(154)

(154)

Net liabilities

 

(146)

(146)

Capital and reserves

 

Called up share capital

6

6

6

Retained earnings

(152)

(152)

Shareholders' deficit

 

(146)

(146)

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 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Directors' 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 directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

Cromwell Close London N2 Limited

(Registration number: 03125270)
Balance Sheet as at 31 December 2024

Approved and authorised by the Board on 27 May 2025 and signed on its behalf by:
 

.........................................
R Petrovic
Director

 

Cromwell Close London N2 Limited

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

1

General information

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

The address of its registered office is:
Woodgate Studios
2-8 Games Road
Cockfosters
Hertfordshire
EN4 9HN

The principal place of business is:
19 - 26 Cromwell Close
London
N2 0LL

These financial statements were authorised for issue by the Board on 27 May 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. They show the results for the company alone as it does not form part of a group. The company does not employ any staff.

The accounts are prepared in the company's functional currency of British Pounds (£) and rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis, which assumes the continuing support of the members.

Revenue recognition

Turnover is the amount charged to lessees for services provided.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. No depreciation is charged as the residual value of the property is greater than the cost.

 

Cromwell Close London N2 Limited

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

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold land and buildings

Nil

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.

Trade debtors

Debtors with no stated interest rate and receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Trade creditors

Creditors with no stated interest rate and payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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 directors) during the year, was 0 (2023 - 0).

 

Cromwell Close London N2 Limited

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

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 January 2024

35,509

35,509

At 31 December 2024

35,509

35,509

Depreciation

At 1 January 2024

35,501

35,501

At 31 December 2024

35,501

35,501

Carrying amount

At 31 December 2024

8

8

At 31 December 2023

8

8

Included within the net book value of land and buildings above is £8 (2023 - £8) in respect of freehold land and buildings.
 

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

212

212

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

6

6

6

6