CREST HOLDCO LIMITED
DIRECTORS' REPORT
FOR THE PERIOD ENDED 31 JANUARY 2023
The directors present their report and the financial statements for the period ended 31 January 2023.
The directors who served during the period were:
R B Sanders (appointed 28 January 2022)
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L G Tamberlin (appointed 28 January 2022)
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In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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CREST HOLDCO LIMITED
REGISTERED NUMBER: 13878585
BALANCE SHEET
AS AT 31 JANUARY 2023
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Total assets less current liabilities
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For the period ended 31 January 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
Members have not required the Company to obtain an audit for the period 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 were approved and authorised for issue by the board and were signed on its behalf by:
The notes on pages 3 to 4 form part of these financial statements.
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CREST HOLDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023
Crest Holdco Limited is a company limited by shares and incorporated in England and Wales under the Companies Act 2006. The registered office address is given on the Company Information page.
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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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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 judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. The nature of estimation means the actual outcomes could differ from those estimates.
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Cash and cash equivalents
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Allotted, called up and fully paid
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15,500,004 Ordinary shares of £1.00 each
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10,000 Hurdle shares of £0.01 each
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CREST HOLDCO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023
5.Share capital (continued)
There was a share allotment during the year of an amount of 15,500,000 £1 Ordinary shares, and 10,000 £0.01 Hurdle shares. These amounts are fully paid up.
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