Crocus Field Ltd - Accounts

Crocus Field Ltd
Contents Page
For the year ended 31 March 2025

Company information	1
Directors' report	2
Accountants' report	3
Income statement	4
Statement of financial position	5
Notes to the financial statements	6
Statement of changes in equity	7

Crocus Field Ltd
Company Information
For the year ended 31 March 2025

Directors	Neel Harshad Khiroya Alison Rankin Frost
Registered Number	09890442
Registered Office	Suite 130, Prospect House 2 Athenaeum Road London N20 9AE
Accountants	CHJ Accountants Ltd 34 Longcrofte Rd Edgware HA8 6RR

1

Crocus Field Ltd
Directors' Report
For the year ended 31 March 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 March 2025

Principal activities

The companys principal activity during the year was that of property investments, managers, and developers.

Directors

The directors who served the company throughout the year were as follows:

Neel Harshad Khiroya (from 26/11/2015)

Alison Rankin Frost (from 21/02/2017)

Nirav Khiroya (from 26/11/2015 to 06/03/2025)

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board and signed on its behalf by:

----------------------------------
Neel Harshad Khiroya
Director

Date approved: 18 December 2025

2

Crocus Field Ltd Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. CHJ Accountants Ltd 31 March 2025 .................................................... CHJ Accountants Ltd 34 Longcrofte Rd Edgware HA8 6RR 18 December 2025 3

Crocus Field Ltd
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
CHJ Accountants Ltd
31 March 2025

....................................................

CHJ Accountants Ltd
34 Longcrofte Rd

Edgware
HA8 6RR
18 December 2025

3

Crocus Field Ltd
Income Statement
For the year ended 31 March 2025

	2025 £	2024 £
Turnover	2,256,869	5,205,055
Cost of sales	(2,164,528)	(4,804,063)
Gross profit	92,341	400,992
Administrative expenses	(18,956)	(9,515)
Operating profit	73,385	391,477
Profit/(Loss) on ordinary activities before taxation	73,385	391,477
Tax on profit on ordinary activities	(17,690)	(98,305)
Profit/(Loss) for the financial year	55,695	293,172

4

Crocus Field Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Investments	3	100	100
		100	100
Current assets
Stocks	4	5,425,977	7,162,629
Debtors	5	85,347	755,389
Cash at bank and in hand		2,728,948	360,681
		8,240,272	8,278,699
Creditors: amount falling due within one year	6	(44,802)	(138,924)
Net current assets		8,195,470	8,139,775

Total assets less current liabilities		8,195,570	8,139,875
Net assets		8,195,570	8,139,875

Capital and reserves
Called up share capital		5,473,830	5,473,830
Profit and loss account		2,721,740	2,666,045
Shareholders' funds		8,195,570	8,139,875

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 18 December 2025 and were signed on its behalf by:

-------------------------------
Neel Harshad Khiroya
Director

5

Crocus Field Ltd
Statement of Changes in Equity
For the year ended 31 March 2025

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 April 2023	5,473,830	2,372,873	7,846,703
Profit for the year		293,172	293,172
Total comprehensive income for the year	-	293,172	293,172
Total investments by and distributions to owners	-	-	-
At 31 March 2024	5,473,830	2,666,045	8,139,875
At 01 April 2024	5,473,830	2,666,045	8,139,875
Profit for the year		55,695	55,695
Total comprehensive income for the year	-	55,695	55,695
Total investments by and distributions to owners	-	-	-
At 31 March 2025	5,473,830	2,721,740	8,195,570

6

Crocus Field Ltd
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Crocus Field Ltd is a private company, limited by shares, registered in England and Wales, registration number 09890442, registration address Suite 130, Prospect House, 2 Athenaeum Road London, N20 9AE.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

3.

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	100	100
Additions	-	-
Disposals	-	-
At 31 March 2025	100	100

4.

Stocks

	2025 £		2024 £
Work in Progress	5,425,977		7,162,629
	5,425,977		7,162,629

5.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	1,130	1,130
Other Debtors	84,217	754,259
	85,347	755,389

6.

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	25,012	37,134
Corporation Tax	17,690	98,305
Accrued Expenses	100	1,700
Other Creditors	2,000	1,785
	44,802	138,924

7.

Advances and Credits

Alison Rankin Frost
On 27.03.2024, Mrs Frost was paid £3,858,078 and this resulted an overdrawn loan account of £700,000. On 23.12.2024, she repaid the full amount of £700,000 back to the company. The company has charged her interest at 2.25% for the duration of this advance.

Current year (2025)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
Alison Rankin Frost	(700,000)		0		0		(700,000)		0		0		0
	-700000		0		0		-700000		0		0		0

Previous year (2024)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
Alison Rankin Frost	3,158,078		0		0		3,858,078		0		0		(700,000)
	3158078		0		0		3858078		0		0		-700000

7

Registered Number: 09890442
England and Wales
CROCUS FIELD LTD

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025