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REGISTERED NUMBER: 01860219 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Croft Developments of York Limited

Croft Developments of York Limited (Registered number: 01860219)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Croft Developments of York Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mr M L C Spence
Mr R M J Spence
Ms P Promdee



REGISTERED OFFICE: Cherry Tree Lodge
Back Lane
Copmanthorpe
York
YO23 3SH



REGISTERED NUMBER: 01860219 (England and Wales)



ACCOUNTANTS: Parker Hartley & Co
Incorporated Financial Accountants
2 Waverley Street
The Groves
York
YO31 7QZ



BANKERS: HSBC Bank Plc
13 Parliament Street
York
North Yorkshire
YO1 8XS

Croft Developments of York Limited (Registered number: 01860219)

Balance Sheet
31 March 2025

31/3/25 31/3/24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 135 224
Investments 5 180,398 171,398
Investment property 6 600,000 515,000
780,533 686,622

CURRENT ASSETS
Debtors 7 21,982 -
Cash at bank 54,254 70,974
76,236 70,974
CREDITORS
Amounts falling due within one year 8 39,690 29,848
NET CURRENT ASSETS 36,546 41,126
TOTAL ASSETS LESS CURRENT
LIABILITIES

817,079

727,748

PROVISIONS FOR LIABILITIES 80,694 57,770
NET ASSETS 736,385 669,978

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 9 424,571 339,571
Retained earnings 310,814 329,407
SHAREHOLDERS' FUNDS 736,385 669,978

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The person signing has sought and obtained consent from all the Board of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by:





Mr M L C Spence - Director


Croft Developments of York Limited (Registered number: 01860219)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Croft Developments of York Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 40% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 April 2024
and 31 March 2025 3,798
DEPRECIATION
At 1 April 2024 3,574
Charge for year 89
At 31 March 2025 3,663
NET BOOK VALUE
At 31 March 2025 135
At 31 March 2024 224

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2024 171,398
Additions 9,000
At 31 March 2025 180,398
NET BOOK VALUE
At 31 March 2025 180,398
At 31 March 2024 171,398

Croft Developments of York Limited (Registered number: 01860219)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 515,000
Revaluations 85,000
At 31 March 2025 600,000
NET BOOK VALUE
At 31 March 2025 600,000
At 31 March 2024 515,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2025 600,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade debtors 21,982 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/25 31/3/24
£    £   
Trade creditors 29,601 17,144
Corporation Tax 8,061 9,996
Directors' loan accounts 402 1,202
Accrued expenses 1,626 1,506
39,690 29,848

9. RESERVES
Fair
value
reserve
£   
At 1 April 2024
and 31 March 2025 424,571