Registration number:
COMPANIES HOUSE COPY
G Crook & Sons Limited
for the Year Ended 31 December 2024
G Crook & Sons Limited
Contents
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Company Information |
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Directors' Report |
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Accountants' Report |
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Abridged Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Abridged Financial Statements |
G Crook & Sons Limited
Company Information
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Directors |
Mr Barry John Crook Mrs Michelle Anne Crook Mr Simon Crook Mrs Stacey Elizabeth Newton |
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Company secretary |
Mrs Michelle Anne Crook |
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Registered office |
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Accountants |
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G Crook & Sons Limited
Directors' Report for the Year Ended 31 December 2024
The directors present their report and the abridged financial statements for the year ended 31 December 2024.
Directors of the company
The directors who held office during the year were as follows:
The following directors were appointed after the year end:
Principal activity
The principal activity of the company is as a Partner in the Grook & Sons Partnership; a business that has divisions in Plant hire, Agricultural machiney, Property rental, Hotel & Public houses and a Recycling centre.
Small companies provision statement
This report has 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.
Approved and authorised by the
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Certified Practising Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
G Crook & Sons Limited
for the Year Ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of G Crook & Sons Limited for the year ended 31 December 2024 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of G Crook & Sons Limited, as a body, in accordance with the terms of our engagement . Our work has been undertaken solely to prepare for your approval the accounts of G Crook & Sons Limited and state those matters that we have agreed to state to the Board of Directors of G Crook & Sons Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G Crook & Sons Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that G Crook & Sons Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of G Crook & Sons Limited. You consider that G Crook & Sons Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of G Crook & Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Dorchester
Dorset
DT1 2RD
G Crook & Sons Limited
(Registration number: 01906911)
Abridged Balance Sheet as at 31 December 2024
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Note |
2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Investments |
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Current assets |
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Debtors |
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Prepayments and accrued income |
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- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets/(liabilities) |
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( |
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Net assets |
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Capital and reserves |
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Called up share capital |
8,005 |
8,005 |
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Revaluation reserve |
1,915,000 |
1,915,000 |
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Other reserves |
1,995 |
1,995 |
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Retained earnings |
36,820,747 |
35,303,284 |
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Shareholders' funds |
38,745,747 |
37,228,284 |
G Crook & Sons Limited
(Registration number: 01906911)
Abridged Balance Sheet as at 31 December 2024
For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge 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 provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
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G Crook & Sons Limited
Statement of Changes in Equity for the Year Ended 31 December 2024
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Share capital |
Revaluation reserve |
Other reserves |
Profit and loss account |
Total |
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At 1 January 2024 |
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Profit for the year |
- |
- |
- |
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Total comprehensive income |
- |
- |
- |
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At 31 December 2024 |
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Share capital |
Revaluation reserve |
Other reserves |
Retained earnings |
Total |
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At 1 January 2023 |
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Profit for the year |
- |
- |
- |
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At 31 December 2023 |
8,005 |
1,915,000 |
1,995 |
35,303,284 |
37,228,284 |
G Crook & Sons Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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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 abridged 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 abridged 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.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
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 income 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.
G Crook & Sons Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
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.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
G Crook & Sons Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 December 2024
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Tangible assets |
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Land and buildings |
Total |
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Cost or valuation |
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At 1 January 2024 |
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At 31 December 2024 |
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Depreciation |
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Carrying amount |
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At 31 December 2024 |
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At 31 December 2023 |
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Included within the net book value of land and buildings above is £40,000 (2023 - £40,000) in respect of freehold land and buildings.
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Share capital |
Allotted, called up and fully paid shares
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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8,005 |
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8,005 |