Crofton Road Ltd 15453215 false 2024-01-30 2025-03-31 2025-03-31 The principal activity of the company is building development. Digita Accounts Production Advanced 6.30.9574.0 true true 15453215 2024-01-30 2025-03-31 15453215 2025-03-31 15453215 core:RetainedEarningsAccumulatedLosses 2025-03-31 15453215 core:ShareCapital 2025-03-31 15453215 core:CurrentFinancialInstruments 2025-03-31 15453215 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 15453215 bus:SmallEntities 2024-01-30 2025-03-31 15453215 bus:AuditExemptWithAccountantsReport 2024-01-30 2025-03-31 15453215 bus:FilletedAccounts 2024-01-30 2025-03-31 15453215 bus:SmallCompaniesRegimeForAccounts 2024-01-30 2025-03-31 15453215 bus:RegisteredOffice 2024-01-30 2025-03-31 15453215 bus:Director1 2024-01-30 2025-03-31 15453215 bus:PrivateLimitedCompanyLtd 2024-01-30 2025-03-31 15453215 countries:EnglandWales 2024-01-30 2025-03-31 iso4217:GBP xbrli:pure

Registration number: 15453215

Crofton Road Ltd
Annual Report and Unaudited Filleted Financial Statements
for the Period from 30 January 2024 to 31 March 2025

Crofton Road Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 6

Crofton Road Ltd

Company Information

Director | R W Cawley

Registered office | 1 Limetrees Avenue Llangattock Powys NP8 1LB

Accountants | Burton Sweet Limited Spencer House Morston Court Aisecome Way Weston-super-Mare BS22 8NG

Crofton Road Ltd

(Registration number: 15453215)
Balance Sheet
31 March 2025

| Note | 2025 £
Current assets |  |
Stocks | 4 | 730,000
Creditors: Amounts falling due within one year | 5 | (719,386)
Net assets |  | 10,614
Capital and reserves |  |
Called up share capital |  | 100
Retained earnings |  | 10,514
Shareholders' funds |  | 10,614

Crofton Road Ltd

(Registration number: 15453215)
Balance Sheet
31 March 2025

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 October 2025

......................................... R W Cawley Director

Crofton Road Ltd

Notes to the Unaudited Financial Statements
Period from 30 January 2024 to 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Limetrees Avenue
Llangattock
Powys
NP8 1LB

These financial statements were authorised for issue by the director on 28 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Crofton Road Ltd

Notes to the Unaudited Financial Statements
Period from 30 January 2024 to 31 March 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

Crofton Road Ltd

Notes to the Unaudited Financial Statements
Period from 30 January 2024 to 31 March 2025

4 | Stocks

| 2025 £
Work in progress | 730,000

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £
Due within one year |  |
Loans and borrowings | 6 | 650,000
Trade creditors |  | 2,497
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 53,614
Taxation and social security |  | 2,515
Accruals and deferred income |  | 1,860
Other creditors |  | 8,900
|  | 719,386

6 | Loans and borrowings

Current loans and borrowings

| 2025 £
Bank borrowings | 650,000