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REGISTERED NUMBER: 04269778 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Cranberry Communications Ltd

Cranberry Communications Ltd (Registered number: 04269778)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


Cranberry Communications Ltd (Registered number: 04269778)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £ £
Fixed assets
Tangible assets 5 107,830 107,811

Current assets
Stocks 25,427 31,579
Debtors 6 24,214 14,693
Cash at bank and in hand 8,639 1,356
58,280 47,628
Creditors
Amounts falling due within one year 7 (102,806 ) (87,151 )
Net current liabilities (44,526 ) (39,523 )
Total assets less current liabilities 63,304 68,288

Creditors
Amounts falling due after more than one
year

8

(31,398

)

(38,126

)

Provisions for liabilities (26,957 ) (20,484 )
Net assets 4,949 9,678

Capital and reserves
Called up share capital 780 780
Retained earnings 4,169 8,898
4,949 9,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

Cranberry Communications Ltd (Registered number: 04269778)

Balance Sheet - continued
30 September 2024


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 financial statements were approved by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:





Mrs A M Harvey - Director


Cranberry Communications Ltd (Registered number: 04269778)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. Statutory information

Cranberry Communications Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04269778

Registered office: 78 Chapel Street
King's Lynn
Norfolk
PE30 1EF

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty
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.

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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - Straight line over 5 years
Computer equipment - over 6 or 7 years

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Stocks
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
the stock to its present location and condition.

Cranberry Communications Ltd (Registered number: 04269778)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


3. Accounting policies - continued

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. 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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Cranberry Communications Ltd (Registered number: 04269778)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


3. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Pension costs and other post-retirement benefits
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employees and directors

The average number of employees during the year was 10 (2023 - 8 ) .

Cranberry Communications Ltd (Registered number: 04269778)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


5. Tangible fixed assets
Fixtures
and Computer
fittings equipment Totals
£ £ £
Cost
At 1 October 2023 3,792 175,582 179,374
Additions - 22,183 22,183
At 30 September 2024 3,792 197,765 201,557
Depreciation
At 1 October 2023 3,780 67,783 71,563
Charge for year 4 22,160 22,164
At 30 September 2024 3,784 89,943 93,727
Net book value
At 30 September 2024 8 107,822 107,830
At 30 September 2023 12 107,799 107,811

6. Debtors: amounts falling due within one year
30.9.24 30.9.23
£ £
Trade debtors 4,248 9,041
Amounts owed by group undertakings 13,130 -
Other debtors 6,836 5,652
24,214 14,693

7. Creditors: amounts falling due within one year
30.9.24 30.9.23
£ £
Bank loans and overdrafts 6,728 6,728
Trade creditors 47,655 40,653
Amounts owed to group undertakings - 16,322
Taxation and social security 36,710 12,304
Other creditors 11,713 11,144
102,806 87,151

8. Creditors: amounts falling due after more than one year
30.9.24 30.9.23
£ £
Bank loans 31,398 38,126

Cranberry Communications Ltd (Registered number: 04269778)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


9. Secured debts

The following secured debts are included within creditors:

30.9.24 30.9.23
£ £
Bank loans 38,126 44,854

Bank loans and overdrafts are secured by way of a fixed and floating charge.

10. Related party disclosures

During the year there were net transactions with two of the directors of £265 (2023: £6,467) resulting in a balance of £8,472 (2023: £8,207) being owed by the company.

The company has taken advantage of the exemption provided in FRS 102 Section 1A from disclosing transactions with members of the group that are wholly owned.

11. Ultimate controlling party

The ultimate parent company is Oxicoco Limited, a company registered in England and Wales.