IRIS Accounts Production v24.1.0.578 NI626216 director 1.8.22 31.7.23 31.7.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI6262162022-07-31NI6262162023-07-31NI6262162022-08-012023-07-31NI6262162021-07-31NI6262162021-08-012022-07-31NI6262162022-07-31NI626216ns15:NorthernIreland2022-08-012023-07-31NI626216ns14:PoundSterling2022-08-012023-07-31NI626216ns10:Director12022-08-012023-07-31NI626216ns10:PrivateLimitedCompanyLtd2022-08-012023-07-31NI626216ns10:SmallEntities2022-08-012023-07-31NI626216ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-31NI626216ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-31NI626216ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-31NI626216ns10:FullAccounts2022-08-012023-07-31NI62621612022-08-012023-07-31NI626216ns10:OrdinaryShareClass12022-08-012023-07-31NI626216ns10:RegisteredOffice2022-08-012023-07-31NI626216ns5:CurrentFinancialInstruments2023-07-31NI626216ns5:CurrentFinancialInstruments2022-07-31NI626216ns5:Non-currentFinancialInstruments2023-07-31NI626216ns5:Non-currentFinancialInstruments2022-07-31NI626216ns5:ShareCapital2023-07-31NI626216ns5:ShareCapital2022-07-31NI626216ns5:RetainedEarningsAccumulatedLosses2023-07-31NI626216ns5:RetainedEarningsAccumulatedLosses2022-07-31NI626216ns5:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-31NI626216ns5:ComputerSoftware2022-08-012023-07-31NI626216ns5:ComputerSoftware2022-07-31NI626216ns5:ComputerSoftware2023-07-31NI626216ns5:ComputerSoftware2022-07-31NI626216ns5:ShortLeaseholdAssetsns5:LandBuildings2022-07-31NI626216ns5:PlantMachinery2022-07-31NI626216ns5:FurnitureFittings2022-07-31NI626216ns5:ShortLeaseholdAssetsns5:LandBuildings2022-08-012023-07-31NI626216ns5:PlantMachinery2022-08-012023-07-31NI626216ns5:FurnitureFittings2022-08-012023-07-31NI626216ns5:ShortLeaseholdAssetsns5:LandBuildings2023-07-31NI626216ns5:PlantMachinery2023-07-31NI626216ns5:FurnitureFittings2023-07-31NI626216ns5:ShortLeaseholdAssetsns5:LandBuildings2022-07-31NI626216ns5:PlantMachinery2022-07-31NI626216ns5:FurnitureFittings2022-07-31NI626216ns5:MotorVehicles2022-07-31NI626216ns5:ComputerEquipment2022-07-31NI626216ns5:MotorVehicles2022-08-012023-07-31NI626216ns5:ComputerEquipment2022-08-012023-07-31NI626216ns5:MotorVehicles2023-07-31NI626216ns5:ComputerEquipment2023-07-31NI626216ns5:MotorVehicles2022-07-31NI626216ns5:ComputerEquipment2022-07-31NI626216ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-31NI626216ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31NI626216ns10:OrdinaryShareClass12023-07-31
REGISTERED NUMBER: NI626216 (Northern Ireland)















CRUSHING SCREENING PARTS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023






CRUSHING SCREENING PARTS LIMITED (REGISTERED NUMBER: NI626216)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CRUSHING SCREENING PARTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: Michael McGrath





REGISTERED OFFICE: 97a Five Mile Straight
Maghera
Co. Londonderry
BT46 5LH





REGISTERED NUMBER: NI626216 (Northern Ireland)





ACCOUNTANTS: CavanaghKelly
Chartered Accountants
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP

CRUSHING SCREENING PARTS LIMITED (REGISTERED NUMBER: NI626216)

STATEMENT OF FINANCIAL POSITION
31 JULY 2023

2023 2022
Notes £ £
NON-CURRENT ASSETS
Intangible assets 5 3,694 4,618
Tangible assets 6 114,346 100,534
118,040 105,152

CURRENT ASSETS
Stocks 410,317 322,197
Receivables: amounts falling due within
one year

7

374,508

257,795
Cash at bank and in hand 51,743 25,921
836,568 605,913
PAYABLES
Amounts falling due within one year 8 (452,776 ) (242,206 )
NET CURRENT ASSETS 383,792 363,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

501,832

468,859

PAYABLES
Amounts falling due after more than
one year

9

(36,038

)

(133,432

)

PROVISIONS FOR LIABILITIES (26,590 ) (19,182 )
NET ASSETS 439,204 316,245

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 438,204 315,245
SHAREHOLDERS' FUNDS 439,204 316,245

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 July 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.

CRUSHING SCREENING PARTS LIMITED (REGISTERED NUMBER: NI626216)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 2023


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 6 November 2023 and were signed by:





Michael McGrath - Director


CRUSHING SCREENING PARTS LIMITED (REGISTERED NUMBER: NI626216)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Crushing Screening Parts Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The accounts are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Revenue
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Inventories
Inventories are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

CRUSHING SCREENING PARTS LIMITED (REGISTERED NUMBER: NI626216)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

3. ACCOUNTING POLICIES - continued

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.

Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

5. INTANGIBLE FIXED ASSETS
Computer
software
£
COST
At 1 August 2022
and 31 July 2023 12,670
AMORTISATION
At 1 August 2022 8,052
Amortisation for year 924
At 31 July 2023 8,976
NET BOOK VALUE
At 31 July 2023 3,694
At 31 July 2022 4,618

6. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Short Plant and and
leasehold machinery fittings
£ £ £
COST
At 1 August 2022 16,239 109,514 26,847
Additions - 34,692 102
At 31 July 2023 16,239 144,206 26,949
DEPRECIATION
At 1 August 2022 9,375 47,259 12,689
Charge for year 3,248 17,229 1,424
At 31 July 2023 12,623 64,488 14,113
NET BOOK VALUE
At 31 July 2023 3,616 79,718 12,836
At 31 July 2022 6,864 62,255 14,158

CRUSHING SCREENING PARTS LIMITED (REGISTERED NUMBER: NI626216)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

6. PROPERTY, PLANT AND EQUIPMENT - continued

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 August 2022 27,300 - 179,900
Additions - 4,767 39,561
At 31 July 2023 27,300 4,767 219,461
DEPRECIATION
At 1 August 2022 10,043 - 79,366
Charge for year 3,451 397 25,749
At 31 July 2023 13,494 397 105,115
NET BOOK VALUE
At 31 July 2023 13,806 4,370 114,346
At 31 July 2022 17,257 - 100,534

7. RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 338,021 239,285
Other debtors 36,487 18,510
374,508 257,795

8. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 10,438 63,445
Hire purchase contracts 10,553 7,604
Trade payables 311,886 170,329
Taxation and social security 31,539 (3,071 )
Other payables 88,360 3,899
452,776 242,206

9. PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR
2023 2022
£ £
Bank loans 35,344 46,192
Hire purchase contracts 694 2,228
Other creditors - 85,012
36,038 133,432

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1,000 Ordinary 1 1,000 1,000