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Company Registration No. 14588374 (England and Wales)
Cruck Cottages Leasehold Limited Unaudited accounts for the period from 1 February 2024 to 31 May 2025
Cruck Cottages Leasehold Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Cruck Cottages Leasehold Limited Company Information for the period from 1 February 2024 to 31 May 2025
Director
Harry John Sedman
Company Number
14588374 (England and Wales)
Registered Office
73 Eastgate Cowbridge South Glamorgan CF71 7AA Wales
Accountants
Bell Howley Perrotton LLP 53 Davies Street Mayfair London W1K 5JH
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Cruck Cottages Leasehold Limited Accountants' report
Accountants' report to the director of Cruck Cottages Leasehold Limited on the preparation of the unaudited statutory accounts for the period from 1 February 2024 to 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cruck Cottages Leasehold Limited for the period from 1 February 2024 to 31 May 2025 as set out on pages 5 - 7 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 Cruck Cottages Leasehold Limited, as a body, in accordance with the terms of our engagement letter dated 31 January 2023. Our work has been undertaken solely to prepare for your approval the accounts of Cruck Cottages Leasehold Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cruck Cottages Leasehold Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Cruck Cottages Leasehold 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 loss of Cruck Cottages Leasehold Limited. You consider that Cruck Cottages Leasehold Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Cruck Cottages Leasehold 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.
Bell Howley Perrotton LLP 53 Davies Street Mayfair London W1K 5JH 25 March 2026
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Cruck Cottages Leasehold Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
755,000
2,067,375
Creditors: amounts falling due within one year
5
(124,738)
(14,827)
Net current liabilities
(124,738)
(14,827)
Total assets less current liabilities
630,262
2,052,548
Creditors: amounts falling due after more than one year
6
(577,447)
(2,067,375)
Net assets/(liabilities)
52,815
(14,827)
Capital and reserves
Profit and loss account
52,815
(14,827)
Shareholders' funds
52,815
(14,827)
For the period ending 31 May 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 25 March 2026 and were signed on its behalf by
Harry John Sedman Director Company Registration No. 14588374
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Cruck Cottages Leasehold Limited Notes to the Accounts for the period from 1 February 2024 to 31 May 2025
1
Statutory information
Cruck Cottages Leasehold Limited is a private company, limited by shares, registered in England and Wales, registration number 14588374. The registered office is 73 Eastgate, Cowbridge, South Glamorgan, CF71 7AA, Wales.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2025
£
Fair value at 1 February 2024
2,067,375
Net loss from fair value adjustments
(1,312,375)
At 31 May 2025
755,000
The adjustment in this years accounts corrects an error in the 2024 accounts with a corresponding adjustment to long term Creditors.
5
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
-
960
Loans from directors
124,738
13,867
124,738
14,827
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
577,447
2,067,375
7
Transactions with related parties
At the balance sheet date, the company owed £960 (2024 - £960) to Kingshill Property Group, the company's ultimate parent company.
8
Controlling party
Kingshill Property Group Limited
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Cruck Cottages Leasehold Limited Notes to the Accounts for the period from 1 February 2024 to 31 May 2025
9
Average number of employees
During the period the average number of employees was 0 (2024: 0).
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