REGISTERED NUMBER: 00364830 (England and Wales)

CROOKS INDUSTRIAL ESTATE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mrs L A Wilkins

J R A Boyer

SECRETARY:

Mrs L A Wilkins

REGISTERED OFFICE:

Little Vatch

Farm Lane

Leckhampton

Cheltenham

Gloucestershire

GL53 0ED

REGISTERED NUMBER:

00364830 (England and Wales)

ACCOUNTANTS:

William Hinton Limited

Chartered Accountants

Ross House

The Square

Stow On The Wold

Gloucestershire

GL54 1AF

FIXED ASSETS

Investment property

4

1,670,000

1,595,000

CURRENT ASSETS

Debtors

5

7,586

3,813

Cash at bank

79,339

36,154

86,925

39,967

CREDITORS

Amounts falling due within one year

6

15,941

9,739

NET CURRENT ASSETS

70,984

30,228

TOTAL ASSETS LESS CURRENT LIABILITIES

1,740,984

1,625,228

CREDITORS

Amounts falling due after more than one year

7

(8,668

)

(13,624

)

PROVISIONS FOR LIABILITIES

(413,460

)

(299,980

)

NET ASSETS

1,318,856

1,311,624

CAPITAL AND RESERVES

Called up share capital

15,000

15,000

Fair value reserve

8

1,240,380

1,278,860

Retained earnings

63,476

17,764

SHAREHOLDERS' FUNDS

1,318,856

1,311,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mrs L A Wilkins - Director

1.	STATUTORY INFORMATION

Crooks Industrial Estate 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

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

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

1,595,000

Revaluations

75,000

At 31 December 2024

1,670,000

NET BOOK VALUE

At 31 December 2024

1,670,000

At 31 December 2023

1,595,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2014

16,160

Valuation in 2015

1,343,840

Valuation in 2018

(80,000

)

Valuation in 2022

315,000

Valuation in 2024

75,000

1,670,000

If investment property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

16,160

16,160

Investment property was valued on an open market basis on 22 December 2024 by Independent Surveyors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

7,586

3,813

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

7,865

2,160

Other creditors

8,076

7,579

15,941

9,739

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

8,668

13,624

8.

RESERVES

Fair

value

reserve

£

At 1 January 2024

1,278,860

Transfer to and from reserve

75,000

Deferred tax movement

(113,480

)

At 31 December 2024

1,240,380

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs J M Crook deceased.