Croydon Court Ltd - Filleted accounts

Registered number

12747093

Croydon Court Ltd

Filleted Accounts

31 December 2024

Croydon Court Ltd
Registered number:		12747093
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		12,700,001			8,113,805

Current assets
Debtors	4	194,674			936,092
Cash at bank and in hand		2,509,767			79,780
		2,704,441			1,015,872

Creditors: amounts falling due within one year	5	(380,447)			(276,002)

Net current assets			2,323,994			739,870

Total assets less current liabilities			15,023,995			8,853,675

Creditors: amounts falling due after more than one year	6		(6,719,813)			(5,522,113)



Net assets			8,304,182			3,331,562

Capital and reserves
Called up share capital			329			329
Special reserve			2,255,648			2,255,648
Revaluation reserve	7		4,600,000			-
Profit and loss account			1,448,205			1,075,585

Shareholders' funds			8,304,182			3,331,562

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Gauhar Nawab
Director
Approved by the board on 26 September 2025

Croydon Court Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.




2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			8		8




3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 January 2024	8,100,000		46,428		8,146,428
	Additions	-		6,006		6,006
	Surplus on revaluation	4,600,000		-		4,600,000
	At 31 December 2024	12,700,000		52,434		12,752,434

	Depreciation
	At 1 January 2024	-		32,623		32,623
	Charge for the year	-		19,810		19,810
	At 31 December 2024	-		52,433		52,433

	Net book value
	At 31 December 2024	12,700,000		1		12,700,001
	At 31 December 2023	8,100,000		13,805		8,113,805


4	Debtors			2024		2023
£					£

	Trade debtors			194,674		137,532
	Amounts owed by group undertakings			-		798,560
				194,674		936,092


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Trade creditors			128,354		51,976
	Taxation and social security costs			252,093		224,026
				380,447		276,002


6	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			6,700,000		4,254,525
	Amounts owed to group undertakings			19,813		1,267,588
				6,719,813		5,522,113








7	Revaluation reserve			2024		2023
£					£

	Gain on revaluation of land and buildings			4,600,000		-

	At 31 December 2024			4,600,000		-






8	Other information

	Croydon Court Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	Lynton House
	54 Clapham Common South Side
	London
	SW4 9BX