REGISTERED NUMBER: 05093716 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

CRANBRIDGE LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M Teitelbaum

REGISTERED OFFICE:

37a Craven Park Rd

London

N15 6AA

REGISTERED NUMBER:

05093716 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

4

718

342

Investment property

5

436,088

436,088

436,806

436,430

CURRENT ASSETS

Debtors

6

358,974

358,946

Cash at bank

4,412

4,400

363,386

363,346

CREDITORS

Amounts falling due within one year

7

(467,934

)

(452,161

)

NET CURRENT LIABILITIES

(104,548

)

(88,815

)

TOTAL ASSETS LESS CURRENT LIABILITIES

332,258

347,615

CREDITORS

Amounts falling due after more than one year

8

(11,372

)

(21,604

)

NET ASSETS

320,886

326,011

CAPITAL AND RESERVES

Called up share capital

9

1

1

Revaluation reserve

10

299,734

299,734

Retained earnings

10

21,151

26,276

SHAREHOLDERS' FUNDS

320,886

326,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 29 April 2026 and were signed by:

M Teitelbaum - Director

1.	STATUTORY INFORMATION

Cranbridge Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net rent receivable, excluding value added tax.

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 reducing balance

Investment properties

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 May 2024

6,002

-

6,002

Additions

-

640

640

At 30 April 2025

6,002

640

6,642

DEPRECIATION

At 1 May 2024

5,660

-

5,660

Charge for year

52

212

264

At 30 April 2025

5,712

212

5,924

NET BOOK VALUE

At 30 April 2025

290

428

718

At 30 April 2024

342

-

342

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

and 30 April 2025

436,088

NET BOOK VALUE

At 30 April 2025

436,088

At 30 April 2024

436,088

Fair value at 30 April 2025 is represented by:

£

Valuation in 2015

299,734

Valuation in 2022

136,354

436,088

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other debtors

358,974

358,946

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Tax

-

889

Social security and other taxes

-

1,455

Other creditors

465,574

447,577

Accrued expenses

2,360

2,240

467,934

452,161

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans more 5 yr by instal

11,372

21,604

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

11,372

21,604

Included within creditors due after more than one year is the amount of £11,372 (2024: £21,604) due under the Bounce Back Loan Scheme (BBLS). The loan is unsecured, guaranteed by the government, and attracts an interest rate of 2.5% after the interest-free period in the first year.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

1

Ordinary

£1

1

1

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 May 2024

26,276

299,734

326,010

Deficit for the year

(5,125

)

(5,125

)

At 30 April 2025

21,151

299,734

320,885

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Teitelbaum.