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CROFT MYL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

| CROFT MYL LIMITED (REGISTERED NUMBER: 10093566) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| CROFT MYL LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | B Nolan

| Mrs V Nolan

| REGISTERED OFFICE: | Croft Myl

| West Parade

| Halifax

| West Yorkshire

| HX1 2EQ

| REGISTERED NUMBER: | 10093566 (England and Wales)

| ACCOUNTANTS: | Wilkinson and Partners

| Chartered Accountants

| Fairfax House

| 6a Mill Field Road

| Cottingley Business Park

| Bradford

| West Yorkshire

| BD16 1PY

| CROFT MYL LIMITED (REGISTERED NUMBER: 10093566) |

BALANCE SHEET

31 MARCH 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 47,398 |  | 55,762 |  |

Investment property | 5 | 1,742,400 |  | 1,742,400 |  |

1,789,798 |  | 1,798,162 |  |

CURRENT ASSETS

Debtors | 6 | 41,997 |  | 31,674 |  |

Cash at bank and in hand | 5,141 |  | 2,828 |  |

47,138 |  | 34,502 |  |

CREDITORS

Amounts falling due within one year | 7 | 584,857 |  | 534,699 |  |

NET CURRENT LIABILITIES | (537,719 | ) | (500,197 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,252,079 |  | 1,297,965 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (394,202 | ) | (452,313 | ) |

PROVISIONS FOR LIABILITIES | 9 | (163,900 | ) | (163,900 | ) |

NET ASSETS | 693,977 |  | 681,752 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 1 |  | 1 |  |

Fair value reserve | 862,631 |  | 862,631 |  |

Retained earnings | (168,655 | ) | (180,880 | ) |

SHAREHOLDERS' FUNDS | 693,977 |  | 681,752 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

| CROFT MYL LIMITED (REGISTERED NUMBER: 10093566) |

BALANCE SHEET - continued

31 MARCH 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

B Nolan - Director

| CROFT MYL LIMITED (REGISTERED NUMBER: 10093566) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Croft Myl 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.

| In accordance with Section 444 of the Companies Act 2006, the Directors Report has not been delivered.

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.

| 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.

| Fixtures and fittings | - | 15% on reducing balance

| Computer equipment | - | 33% 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.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| 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.

| CROFT MYL LIMITED (REGISTERED NUMBER: 10093566) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| 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 7 (2024 - 9 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 143,467 |  | 5,364 |  | 148,831 |  |

| DEPRECIATION

| At 1 April 2024 | 87,706 |  | 5,363 |  | 93,069 |  |

| Charge for year | 8,364 |  | - |  | 8,364 |  |

| At 31 March 2025 | 96,070 |  | 5,363 |  | 101,433 |  |

| NET BOOK VALUE

| At 31 March 2025 | 47,397 |  | 1 |  | 47,398 |  |

| At 31 March 2024 | 55,761 |  | 1 |  | 55,762 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024

| and 31 March 2025 | 1,742,400 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,742,400 |  |

| At 31 March 2024 | 1,742,400 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2017 | 946,082 |  |

| Valuation in 2019 | 753,918 |  |

| Valuation in 2020 | 6,981 |  |

| Valuation in 2021 | 35,419 |  |

1,742,400 |  |

| CROFT MYL LIMITED (REGISTERED NUMBER: 10093566) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 41,992 |  | 17,456 |  |

| Other debtors | 5 |  | 14,218 |  |

41,997 |  | 31,674 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 63,319 |  | 70,845 |  |

| Trade creditors | 8,822 |  | 9,032 |  |

| Social security and other taxes | 62,150 |  | 49,641 |  |

| VAT | 73,804 |  | 51,193 |  |

| Other creditors | 374,222 |  | 351,568 |  |

| Accrued expenses | 2,540 |  | 2,420 |  |

584,857 |  | 534,699 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans - more than 1 year | 394,202 |  | 452,313 |  |

9. | PROVISIONS FOR LIABILITIES

| 31.3.25 |  | 31.3.24

£ | £ |

| Deferred tax | 163,900 |  | 163,900 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2024 | 163,900 |  |

| Property revaluation reserve |

| Accelerated capital allowances |

| Revaluation reserve |

| Balance at 31 March 2025 | 163,900 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.25 |  | 31.3.24

| value: | £ | £ |

| 100 | Ordinary | .01 | 1 |  | 1 |  |

| CROFT MYL LIMITED (REGISTERED NUMBER: 10093566) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

11. | RELATED PARTY DISCLOSURES

| At the balance sheet date, the company was indebted to Circuit Electrical Ltd in the sum of £368,520 (2024: £348,857) Mr & Mrs Nolan are directors and hold a controlling interest in Circuit Electrical Ltd.

| At the balance sheet date, the company was indebted to Hatch Brunch House Ltd in the sum of £2,806 (2024: -£14,218). Mrs Nolan is a director and shareholder in Hatch Brunch House Ltd.