REGISTERED NUMBER: 06040478 (England and Wales)

CROUCH MGR LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N W Angus

R B Angus

SECRETARY:

N W Angus

REGISTERED OFFICE:

69-71 East Street

Epsom

Surrey

KT17 1BP

REGISTERED NUMBER:

06040478 (England and Wales)

ACCOUNTANTS:

Hakim Fry

Chartered Accountants

69-71 East Street

Epsom

Surrey

KT17 1BP

FIXED ASSETS

Tangible assets

4

2,085

1,601

Investment property

5

4,207,053

4,207,053

4,209,138

4,208,654

CURRENT ASSETS

Stocks

6

51,238

50,838

Debtors

7

11,899

41,241

Cash at bank

39,089

19,528

102,226

111,607

CREDITORS

Amounts falling due within one year

8

266,108

265,988

NET CURRENT LIABILITIES

(163,882

)

(154,381

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,045,256

4,054,273

CREDITORS

Amounts falling due after more than one year

9

(1,877,755

)

(1,887,035

)

PROVISIONS FOR LIABILITIES

(250,551

)

(250,458

)

NET ASSETS

1,916,950

1,916,780

CAPITAL AND RESERVES

Called up share capital

500

500

Fair value reserve

11

1,316,602

1,316,602

Retained earnings

599,848

599,678

SHAREHOLDERS' FUNDS

1,916,950

1,916,780

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

R B Angus - Director

1.	STATUTORY INFORMATION

Crouch MGR 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.

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

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

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.

Stocks

Work in progress are stated at the lower of cost and net realisable value. Cost comprises costs of development including directly attributable fees and expenses. Net realisable value is based on estimated selling price, less further costs expected to be incurred to completion and disposal. All selling costs are expensed as incurred.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

4,655

Additions

1,713

At 31 January 2025

6,368

DEPRECIATION

At 1 February 2024

3,054

Charge for year

1,229

At 31 January 2025

4,283

NET BOOK VALUE

At 31 January 2025

2,085

At 31 January 2024

1,601

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

4,207,053

NET BOOK VALUE

At 31 January 2025

4,207,053

At 31 January 2024

4,207,053

Fair value at 31 January 2025 is represented by:

£

Valuation in 2018

1,316,603

Cost

2,890,450

4,207,053

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

31.1.25

31.1.24

£

£

Cost

2,890,450

2,890,450

Investment property was valued on an open market basis on 31 January 2025 by the Directors .

6.

STOCKS

31.1.25

31.1.24

£

£

Work in progress

51,238

50,838

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

962

28,969

Other debtors

9,714

11,199

Prepayments

1,223

1,073

11,899

41,241

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

9,114

9,145

VAT

28

14

Directors' current accounts

253,994

253,994

Accrued expenses

2,972

2,835

266,108

265,988

At the year end the company owed £192,997 to R B Angus and 60,997 to N W Angus. Both loans are interest free and repayable on demand.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans - 1-2 years

3,384

9,377

Bank loans - 2-5 years

-

3,178

Bank loans more 5 yr by instal

1,874,371

1,874,480

1,877,755

1,887,035

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,874,371

1,874,480

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

£

Bank loans

1,886,869

1,896,180

The bank loans are secured through fixed and floating charges over all the property or undertakings of the company.

11.

RESERVES

Fair

value

reserve

£

At 1 February 2024

and 31 January 2025

1,316,602

12.	ULTIMATE CONTROLLING PARTY

The controlling party is N W Angus and R B Angus.