Company Registration No. 10056485 (England and Wales)
Cranley Addison Ltd
Unaudited accounts
for the year ended 31 March 2025
Cranley Addison Ltd
Unaudited accounts
Contents
Cranley Addison Ltd
Company Information
for the year ended 31 March 2025
Company Number
10056485 (England and Wales)
Registered Office
24A Cranley Road
Guildford
Surrey
GU1 2JS
UNITED KINGDOM
Cranley Addison Ltd
Statement of financial position
as at 31 March 2025
Investment property
550,000
550,000
Cash at bank and in hand
1,377
1,327
Creditors: amounts falling due within one year
(5,280)
(5,820)
Net current liabilities
(3,903)
(4,493)
Total assets less current liabilities
546,097
545,507
Creditors: amounts falling due after more than one year
(407,685)
(407,685)
Provisions for liabilities
Deferred tax
(40,773)
(40,773)
Called up share capital
100
100
Profit and loss account
97,539
96,949
Shareholders' funds
97,639
97,049
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 December 2025 and were signed on its behalf by
Allan Grimshaw
Director
Company Registration No. 10056485
Cranley Addison Ltd
Notes to the Accounts
for the year ended 31 March 2025
Cranley Addison Ltd is a private company, limited by shares, registered in England and Wales, registration number 10056485. The registered office is 24A Cranley Road, Guildford, Surrey, GU1 2JS, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financial transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence or impairment at the end of each reporting date. If there is objective evidence of impairment loss is recognised in profit or loss immediately.
The taxation expense represent the aggregate amount of current tax and deferred tax recognised in the reporting period. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equate, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Deferred tax assets and liabilities are not discounted.
Turnover is measured at the fair value of the rent received or receivable and represents the amounts receivable net of discounts and Value Added Tax where applicable.
Cranley Addison Ltd
Notes to the Accounts
for the year ended 31 March 2025
The company's accounting policy in accordance with the Company's Act 2006 and FRS 102 and UK GAAP is not to distribute profits related to revaluation of its investment property. Profit and Loss reserves includes an amount of £122,320 that is non distributable as it relates to the revaluation of the company's investment property.
Fair value at 1 April 2024
550,000
5
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
4,500
4,500
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
407,685
407,685
7
Transactions with related parties
Included in creditors as at 31 March 2025 is an amount of £4,500 owing to Jasper Media Services Ltd, a company under common control, in respect of an interest free loan.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).