Company Registration No. 10917562 (England and Wales)
CRAZY PHONES LTD
Financial Statements
for the year ended 31 August 2023
CRAZY PHONES LTD
Financial Statements
Contents
CRAZY PHONES LTD
Company Information
for the year ended 31 August 2023
Company Number
10917562 (England and Wales)
Registered Office
39 COMMERCIAL STREET
NEWPORT
NP20 1HP
UNITED KINGDOM
CRAZY PHONES LTD
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
4,099
9,629
Creditors: amounts falling due within one year
(209)
(1,339)
Net current assets
19,340
22,040
Total assets less current liabilities
19,620
22,460
Creditors: amounts falling due after more than one year
(12,519)
(16,427)
Called up share capital
1
1
Profit and loss account
7,100
6,032
Shareholders' funds
7,101
6,033
For the year ending 31 August 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 April 2024 and were signed on its behalf by
Mr Awais Tahir
Director
Company Registration No. 10917562
CRAZY PHONES LTD
Notes to the Accounts
for the year ended 31 August 2023
CRAZY PHONES LTD is a private company, limited by shares, registered in England and Wales, registration number 10917562. The registered office is 39 COMMERCIAL STREET, NEWPORT, NP20 1HP, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2022
3,500
700
4,200
At 31 August 2023
7,000
700
7,700
At 1 September 2022
3,500
280
3,780
Charge for the year
-
140
140
On disposals
3,500
-
3,500
At 31 August 2023
7,000
420
7,420
At 31 August 2023
-
280
280
At 31 August 2022
-
420
420
5
Creditors: amounts falling due within one year
2023
2022
CRAZY PHONES LTD
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
1,270
1,270
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).