CRN FINANCIAL SERVICES LIMITED

Company Registration Number:
NI018912 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

CRN FINANCIAL SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

CRN FINANCIAL SERVICES LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 10,988 21,417
Total fixed assets: 10,988 21,417
Current assets
Debtors: 4 405,460 406,478
Cash at bank and in hand: 5,760 17,999
Total current assets: 411,220 424,477
Creditors: amounts falling due within one year: 5 (259,850) (183,424)
Net current assets (liabilities): 151,370 241,053
Total assets less current liabilities: 162,358 262,470
Creditors: amounts falling due after more than one year: 6 (44,487) (87,411)
Total net assets (liabilities): 117,871 175,059
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 116,871 174,059
Shareholders funds: 117,871 175,059

The notes form part of these financial statements

CRN FINANCIAL SERVICES LIMITED

Balance sheet statements

For the year ending 31 December 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 February 2024
and signed on behalf of the board by:

Name: Graeme Neill
Status: Director

The notes form part of these financial statements

CRN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CRN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 11 10

CRN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 120,656
At 31 December 2023 120,656
Depreciation
At 01 January 2023 99,239
Charge for year 10,429
At 31 December 2023 109,668
Net book value
At 31 December 2023 10,988
At 31 December 2022 21,417

CRN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 50,000 100,000

CRN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Bank Loans & Overdrafts £92,186Taxation & Social Security £136584Accruals & Deferred Income £20881Obligations under Finance Leases £10199TOTAL £259850

CRN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

Bank Loans & Overdrafts £41784Obligations under Finance Leases £2703TOTAL £44487

CRN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Loans to directors

Name of director receiving advance or credit: Robert Neill
Description of the loan: Loan to be repaid over 3 years
£
Balance at 01 January 2023 169,718
Advances or credits repaid: 48,718
Balance at 31 December 2023 121,000
Name of director receiving advance or credit: Graeme Neill
Description of the loan: Loan to be repaid in current year
£
Balance at 01 January 2023 30,282
Advances or credits repaid: 30,282
Balance at 31 December 2023 0