REGISTERED NUMBER: 07522152 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

FOR

BANCROFT CRUISERS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Miss F Rae

REGISTERED OFFICE:

Payton House

Packwood Court

Guild Street

STRATFORD-UPON-AVON

Warwickshire

CV37 6RP

REGISTERED NUMBER:

07522152 (England and Wales)

ACCOUNTANTS:

Bernard Rogers & Co

Payton House

Guild Street

Stratford-upon-Avon

Warwickshire

CV37 6RP

FIXED ASSETS

Tangible assets

4

40,215

40,725

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

5

3,339

3,028

Cash at bank

25,124

21,064

29,463

25,092

CREDITORS

Amounts falling due within one year

6

19,536

23,101

NET CURRENT ASSETS

9,927

1,991

TOTAL ASSETS LESS CURRENT LIABILITIES

50,142

42,716

PROVISIONS FOR LIABILITIES

7,641

7,548

NET ASSETS

42,501

35,168

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Retained earnings

37,501

30,168

42,501

35,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 4 November 2025 and were signed by:

Miss F Rae - Director

1.	STATUTORY INFORMATION

Bancroft Cruisers 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.

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 each asset over its estimated useful life.

Plant and machinery etc

-

at variable rates on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31 March 2024

85,951

Additions

870

At 30 March 2025

86,821

DEPRECIATION

At 31 March 2024

45,226

Charge for year

1,380

At 30 March 2025

46,606

NET BOOK VALUE

At 30 March 2025

40,215

At 30 March 2024

40,725

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

3,339

3,028

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

(1

)

1,928

Taxation and social security

10,350

5,282

Other creditors

9,187

15,891

19,536

23,101

7.	RELATED PARTY DISCLOSURES

At the year end the company owed the director £2,288 (2024: £9,620). The loan is interest free.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss F Rae.