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Registered number: 05190433
CROCKHERBTOWN ESTATES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2025
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CROCKHERBTOWN ESTATES LIMITED
REGISTERED NUMBER: 05190433
BALANCE SHEET
AS AT 31 DECEMBER 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Provisions for liabilities
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Capital redemption reserve
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Retained earnings - non-distributable fair value reserves
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CROCKHERBTOWN ESTATES LIMITED
REGISTERED NUMBER: 05190433
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2025
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 3 to 9 form part of these financial statements.
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CROCKHERBTOWN ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Crockherbtown Estates Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and the registered office address are as below:
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Registered office address:
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The Warehouse,
Wyndham Arcade,
St Mary Street,
Cardiff,
CF10 1FH
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The presentation currency of the financial statements is Sterling (£).
Monetary amounts in these financial statements are rounded to the nearest £.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
In preparing the financial statements, the directors have considered the current financial position of the company and likely future cashflows. The company has reported a profit in the year and has net assets at the balance sheet date. The directors believe that the company is well placed to manage its business risks successfully, despite the uncertain economic outlook.
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
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CROCKHERBTOWN ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
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Current and deferred taxation
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The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
A specific provision is made against older debtor balances. Additional provisions are made against newer debtor balances where there is evidence to suggest that a balance may not recoverable.
Turnover represents rental and insurance income after deduction of value added tax.
Revenue is recognised evenly over the period to which it relates.
The company's freehold land and buildings are treated as an investment properties, as defined by the Financial Reporting Standard 102 Section 1A "Small Entities" accordingly, they are not depreciated. Investment properties for which fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value annually, with the change recognised in the income statement. Surpluses or deficits on revaluation are then transferred from Retained Earnings to a separate non-distributable reserve.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
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CROCKHERBTOWN ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Judgments in applying accounting policies and key sources of estimation uncertainty
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The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The following are the critical judgements that the directors have made in the process of applying the company's accounting policies and that have the most significant effect on the amounts recognised in the financial statements.
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The average monthly number of employees, including directors, during the year was 0 (2024 - 0).
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Related party interest receivable
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Interest payable and similar expenses
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Interest on related party loans
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Dividends paid to related parties
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CROCKHERBTOWN ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The 2025 valuations were made by Mr T C C Griffith, on an open market value basis.
The freehold properties are treated as investment properties under FRS 102 1A. No depreciation has been charged in accordance with FRS 102 1A.
The historical cost of the fixed assets is £4,500,480 (2024 - £4,500,480). The company's freehold properties are treated as investment properties under FRS 102 1A. They were valued at the statement of financial position date by Mr T C C Griffith at fair value on the basis of existing use.
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Cost or valuation of investment properties at the balance sheet date is represented by:
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Surplus on revaluation of properties
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CROCKHERBTOWN ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Amounts owed by related parties
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Prepayments and accrued income
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Creditors: Amounts falling due within one year
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Amounts owed to related parties
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Other taxation and social security
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Accruals and deferred income
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The following secured balances are included within creditors:
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Amounts owed to related parties
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The balance is secured and interest is charged at 1% (2.6% to 31.03.25) plus SONIA rate per annum.
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CROCKHERBTOWN ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Charged to profit or loss
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The provision for deferred taxation is made up as follows:
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Deferred tax provision is in respect of gains on revaluation of investment properties.
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CROCKHERBTOWN ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Capital redemption reserve
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Non-distributable fair value reserves
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Transfer between resesrves
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Non-distributable fair value reserve
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Retained earnings - non-distributable reserves relate to revaluation gains/losses on the company's investment properties of £1,958,520 (2024 - £1,958,520) net of deferred tax on the unrealised capital gains on these properties of £365,691 (2024 - £324,237).
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Ultimate controlling party
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The ultimate controlling party at the Balance Sheet date was G Capital Limited. G Capital Limited is controlled by Mr A Allaway and Geldards Trust Corporation Ltd.
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