REGISTERED NUMBER: 14164567 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Cradel Haus (Fair Rigg) Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Ms D Evans

C Parsons

REGISTERED OFFICE:

Chorley Business & Technology Centre

East Terrace

Chorley

Lancashire

PR7 6TE

REGISTERED NUMBER:

14164567 (England and Wales)

ACCOUNTANTS:

M. J. Shapcott & Co. Limited

Chartered Accountants

Charter House, Wyvern Court

Stanier Way

Derby

DE21 6BF

FIXED ASSETS

Tangible assets

4

1,905

304

Investment property

5

2,199,548

1,490,321

2,201,453

1,490,625

CURRENT ASSETS

Stocks

200

214,128

Debtors

6

1,020,365

941,542

Prepayments and accrued income

3,401

1,367

Cash at bank

17,693

83,899

1,041,659

1,240,936

CREDITORS

Amounts falling due within one year

7

21,423

13,185

NET CURRENT ASSETS

1,020,236

1,227,751

TOTAL ASSETS LESS CURRENT LIABILITIES

3,221,689

2,718,376

CREDITORS

Amounts falling due after more than one year

8

(1,468,742

)

(987,084

)

ACCRUALS AND DEFERRED INCOME

(1,416

)

(1,150

)

NET ASSETS

1,751,531

1,730,142

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

165,191

-

Retained earnings

1,586,240

1,730,042

1,751,531

1,730,142

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2026 and were signed on its behalf by:

C Parsons - Director

1.	STATUTORY INFORMATION

Cradel Haus (Fair Rigg) 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 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.

Computer equipment

-

20% on reducing balance

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 2 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2025

358

Additions

2,071

Disposals

(358

)

At 31 March 2026

2,071

DEPRECIATION

At 1 April 2025

54

Charge for year

166

Eliminated on disposal

(54

)

At 31 March 2026

166

NET BOOK VALUE

At 31 March 2026

1,905

At 31 March 2025

304

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,490,321

Additions

544,036

Revaluations

165,191

At 31 March 2026

2,199,548

NET BOOK VALUE

At 31 March 2026

2,199,548

At 31 March 2025

1,490,321

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

165,190

Cost

2,034,358

2,199,548

If the investment properties had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

2,034,358

1,490,321

Aggregate depreciation

(118,847

)

(78,045

)

Investment properties were valued on an open market basis on 31 March 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,045

331,580

Other debtors

1,019,320

609,962

1,020,365

941,542

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

6,122

7,195

Taxation and social security

7,438

6,056

Other creditors

7,863

(66

)

21,423

13,185

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

1,468,742

987,084

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,468,742

987,084

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

1,468,742

987,084

The directors have provided a personal guarantee over the bridging loan held by the company.

10.

RESERVES

Fair

value

reserve

£

Transfer

165,191

At 31 March 2026

165,191