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REGISTERED NUMBER: 06178676 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

CRC (Merthyr Tydfil) Limited

CRC (Merthyr Tydfil) Limited (Registered number: 06178676)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CRC (Merthyr Tydfil) Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: C R Collins





SECRETARY: G H Williams





REGISTERED OFFICE: Portland House
Alexandra Place
Abercynon
Mountain Ash
Mid Glamorgan
CF45 4YA





REGISTERED NUMBER: 06178676 (England and Wales)






CRC (Merthyr Tydfil) Limited (Registered number: 06178676)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 298,375 165,298

CURRENT ASSETS
Stocks 5,753 5,683
Debtors 5 534,000 534,000
Cash at bank 743,045 816,552
1,282,798 1,356,235
CREDITORS
Amounts falling due within one year 6 367,009 416,483
NET CURRENT ASSETS 915,789 939,752
TOTAL ASSETS LESS CURRENT LIABILITIES 1,214,164 1,105,050

CREDITORS
Amounts falling due after more than one year 7 68,240 153,312
NET ASSETS 1,145,924 951,738

CAPITAL AND RESERVES
Called up share capital 10,110 10,110
Retained earnings 1,135,814 941,628
1,145,924 951,738

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 December 2023 and were signed by:





C R Collins - Director


CRC (Merthyr Tydfil) Limited (Registered number: 06178676)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

CRC (Merthyr Tydfil) 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.

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.

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.

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 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 42 (2022 - 38 ) .

CRC (Merthyr Tydfil) Limited (Registered number: 06178676)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 618,215
Additions 189,953
Disposals (106,952 )
At 31 March 2023 701,216
DEPRECIATION
At 1 April 2022 452,917
Charge for year 34,139
Eliminated on disposal (84,215 )
At 31 March 2023 402,841
NET BOOK VALUE
At 31 March 2023 298,375
At 31 March 2022 165,298

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 534,000 534,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 81,137 81,137
Trade creditors 43,738 211,725
Taxation and social security 55,649 106,421
Other creditors 186,485 17,200
367,009 416,483

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 68,240 153,312