CROFT MYL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

FIXED ASSETS

Tangible assets

4

41,535

47,398

Investment property

5

1,742,400

1,742,400

1,783,935

1,789,798

CURRENT ASSETS

Debtors

6

58,136

41,997

Cash at bank and in hand

2,963

5,141

61,099

47,138

CREDITORS

Amounts falling due within one year

7

597,927

584,857

NET CURRENT LIABILITIES

(536,828

)

(537,719

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,247,107

1,252,079

CREDITORS

Amounts falling due after more than one year

8

(336,389

)

(394,202

)

PROVISIONS FOR LIABILITIES

9

(163,900

)

(163,900

)

NET ASSETS

746,818

693,977

CAPITAL AND RESERVES

Called up share capital

10

1

1

Fair value reserve

862,631

862,631

Retained earnings

(115,814

)

(168,655

)

SHAREHOLDERS' FUNDS

746,818

693,977

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

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 14 August 2026 and were signed on its behalf by:

B Nolan - Director

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.

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 3 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

143,467

5,364

148,831

Additions

424

929

1,353

At 31 March 2026

143,891

6,293

150,184

DEPRECIATION

At 1 April 2025

96,070

5,363

101,433

Charge for year

7,147

69

7,216

At 31 March 2026

103,217

5,432

108,649

NET BOOK VALUE

At 31 March 2026

40,674

861

41,535

At 31 March 2025

47,397

1

47,398

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,742,400

NET BOOK VALUE

At 31 March 2026

1,742,400

At 31 March 2025

1,742,400

Fair value at 31 March 2026 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

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

49,528

41,992

Other debtors

7,101

5

Prepayments

1,507

-

58,136

41,997

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

57,634

63,319

Trade creditors

3,350

8,822

Tax

14

-

Social security and other taxes

49,539

62,150

VAT

68,872

73,804

Other creditors

414,879

374,222

Accrued expenses

3,639

2,540

597,927

584,857

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - more than 1 year

336,389

394,202

9.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

163,900

163,900

Deferred

tax

£

Balance at 1 April 2025

163,900

Property revaluation reserve

Accelerated capital allowances

Revaluation reserve

Balance at 31 March 2026

163,900

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary

.01

1

1

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company was indebted to Circuit Electrical Ltd in the sum of £412,285 (2025:£368,520) Mr & Mrs Nolan are directors and hold a controlling interest in Circuit Electrical Ltd.

At the balance sheet date, the company Hatch Brunch House Ltd was indebted to the company in the sum of £2,447 (2025: -£2,806). Mrs Nolan is a director and shareholder in Hatch Brunch House Ltd.

At the balance sheet date, the company Jamocha Coffee Lounge Ltd was indebted to the company in the sum of £4,653 (2025:£5). Mr & Mrs Nolan are directors and hold a controlling interest in Jamocha Coffee Lounge Ltd.