CRYSTAL WHOLESALE LIMITED

Company Registration Number:
11255244 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2022

Period of accounts

Start date: 1 April 2021

End date: 31 March 2022

CRYSTAL WHOLESALE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CRYSTAL WHOLESALE LIMITED

Directors' report period ended 31 March 2022

The directors present their report with the financial statements of the company for the period ended 31 March 2022

Directors

The director shown below has held office during the whole of the period from
1 April 2021 to 31 March 2022

Steven Kefford


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 August 2022

And signed on behalf of the board by:
Name: Steven Kefford
Status: Director

CRYSTAL WHOLESALE LIMITED

Profit And Loss Account

for the Period Ended 31 March 2022

2022 2021


£

£
Turnover: 4,112,875 1,972,637
Cost of sales: ( 2,785,041 ) ( 1,216,491 )
Gross profit(or loss): 1,327,834 756,146
Distribution costs: ( 134,834 ) ( 112,903 )
Administrative expenses: ( 263,941 ) ( 226,831 )
Operating profit(or loss): 929,059 416,412
Profit(or loss) before tax: 929,059 416,412
Tax: ( 166,322 ) ( 79,118 )
Profit(or loss) for the financial year: 762,737 337,294

CRYSTAL WHOLESALE LIMITED

Balance sheet

As at 31 March 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 1,021,863 458,421
Total fixed assets: 1,021,863 458,421
Current assets
Stocks: 4 501,837 262,736
Debtors: 5 665,943 449,372
Cash at bank and in hand: 546,371 212,741
Total current assets: 1,714,151 924,849
Creditors: amounts falling due within one year: 6 ( 257,429 ) ( 167,421 )
Net current assets (liabilities): 1,456,722 757,428
Total assets less current liabilities: 2,478,585 1,215,849
Total net assets (liabilities): 2,478,585 1,215,849
Capital and reserves
Called up share capital: 500,000 1
Profit and loss account: 1,978,585 1,215,848
Total Shareholders' funds: 2,478,585 1,215,849

The notes form part of these financial statements

CRYSTAL WHOLESALE LIMITED

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 29 August 2022
and signed on behalf of the board by:

Name: Steven Kefford
Status: Director

The notes form part of these financial statements

CRYSTAL WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CRYSTAL WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 11 8

CRYSTAL WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2021 139,650 85,413 77,419 115,854 152,848 571,184
Additions 546,349 17,333 13,449 12,374 47,443 636,948
Disposals
Revaluations
Transfers
At 31 March 2022 685,999 102,746 90,868 128,228 200,291 1,208,132
Depreciation
At 1 April 2021 11,180 18,542 35,960 47,081 112,763
Charge for year 9,975 10,865 24,865 27,801 73,506
On disposals
Other adjustments
At 31 March 2022 21,155 29,407 60,825 74,882 186,269
Net book value
At 31 March 2022 685,999 81,591 61,461 67,403 125,409 1,021,863
At 31 March 2021 139,650 74,233 58,877 79,894 105,767 458,421

CRYSTAL WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Stocks

2022 2021
£ £
Stocks 501,837 262,736
Total 501,837 262,736

CRYSTAL WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Debtors

2022 2021
£ £
Trade debtors 665,943 449,372
Total 665,943 449,372

CRYSTAL WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

6. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 91,107 88,303
Taxation and social security 166,322 79,118
Total 257,429 167,421