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Company Registration No. 07248471 (England and Wales)
Crimson Construction Ltd Unaudited accounts for the year ended 31 May 2023
Crimson Construction Ltd Unaudited accounts Contents
Page
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Crimson Construction Ltd Company Information for the year ended 31 May 2023
Director
Rajesh Karsan Gajparia
Company Number
07248471 (England and Wales)
Registered Office
8 PINNER VIEW HARROW MIDDLESEX HA1 4QA
Accountants
A J Shah and Company 8 Pinner View Harrow Middlesex HA1 4QA
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Crimson Construction Ltd for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Crimson Construction Ltd for the year ended 31 May 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Crimson Construction Ltd , as a body, in accordance with the terms of our engagement letter dated 10 May 2010. Our work has been undertaken solely to prepare for your approval the accounts of Crimson Construction Ltd and state those matters that we have agreed to state to the Board of Directors of Crimson Construction Ltd , as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crimson Construction Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Crimson Construction Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Crimson Construction Ltd . You consider that Crimson Construction Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Crimson Construction Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
A J Shah and Company Chartered Accountants 8 Pinner View Harrow Middlesex HA1 4QA 12 October 2023
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Crimson Construction Ltd Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,257 
8,340 
Current assets
Inventories
540 
385 
Debtors
6,990 
- 
Cash at bank and in hand
49,224 
90,143 
56,754 
90,528 
Creditors: amounts falling due within one year
(22,711)
(55,939)
Net current assets
34,043 
34,589 
Net assets
42,300 
42,929 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
42,290 
42,919 
Shareholders' funds
42,300 
42,929 
For the year ending 31 May 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 11 October 2023 and were signed on its behalf by
Rajesh Karsan Gajparia Director Company Registration No. 07248471
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Crimson Construction Ltd Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Crimson Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 07248471. The registered office is 8 PINNER VIEW, HARROW, MIDDLESEX, HA1 4QA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
10%
Fixtures & fittings
10%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
7,500 
3,891 
11,391 
Additions
- 
1,173 
1,173 
At 31 May 2023
7,500 
5,064 
12,564 
Depreciation
At 1 June 2022
750 
2,301 
3,051 
Charge for the year
750 
506 
1,256 
At 31 May 2023
1,500 
2,807 
4,307 
Net book value
At 31 May 2023
6,000 
2,257 
8,257 
At 31 May 2022
6,750 
1,590 
8,340 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,990 
- 
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Crimson Construction Ltd Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,600 
8,800 
VAT
2,245 
5,255 
Trade creditors
4,103 
240 
Taxes and social security
1,095 
10,322 
Other creditors
- 
2 
Loans from directors
43 
22,755 
Accruals
8,625 
8,565 
22,711 
55,939 
7
Transactions with related parties
Director loan account Rajesh Kasan Gajparia Kanta Rajesh Gajparia As at 31/05/2022 The bought forward (£10,990) and carried forward was £22,755. As at 31/05/2023 The bought forward £22,755 and carried forward was £42.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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