CRYSTAL PRODUCE LIMITED

Company Registration Number:
11506551 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

CRYSTAL PRODUCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CRYSTAL PRODUCE LIMITED

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Directors

The director shown below has held office during the whole of the period from
1 September 2022 to 31 August 2023

Mark Richard La Page


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
5 March 2024

And signed on behalf of the board by:
Name: Mark Richard La Page
Status: Director

CRYSTAL PRODUCE LIMITED

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 6,173,823 5,364,742
Cost of sales: ( 4,563,857 ) ( 3,757,555 )
Gross profit(or loss): 1,609,966 1,607,187
Distribution costs: ( 199,845 ) ( 189,475 )
Administrative expenses: ( 277,864 ) ( 264,284 )
Operating profit(or loss): 1,132,257 1,153,428
Profit(or loss) before tax: 1,132,257 1,153,428
Tax: ( 197,345 ) ( 199,322 )
Profit(or loss) for the financial year: 934,912 954,106

CRYSTAL PRODUCE LIMITED

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,384,852 946,450
Total fixed assets: 1,384,852 946,450
Current assets
Stocks: 4 969,384 748,554
Debtors: 5 1,182,982 1,029,874
Cash at bank and in hand: 821,938 647,545
Total current assets: 2,974,304 2,425,973
Creditors: amounts falling due within one year: 6 ( 364,751 ) ( 312,930 )
Net current assets (liabilities): 2,609,553 2,113,043
Total assets less current liabilities: 3,994,405 3,059,493
Total net assets (liabilities): 3,994,405 3,059,493
Capital and reserves
Called up share capital: 450,000 450,000
Profit and loss account: 3,544,405 2,609,493
Total Shareholders' funds: 3,994,405 3,059,493

The notes form part of these financial statements

CRYSTAL PRODUCE LIMITED

Balance sheet statements

For the year ending 31 August 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.

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

This report was approved by the board of directors on 5 March 2024
and signed on behalf of the board by:

Name: Mark Richard La Page
Status: Director

The notes form part of these financial statements

CRYSTAL PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CRYSTAL PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 15 12

CRYSTAL PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 676,146 114,908 66,093 42,479 215,849 1,115,475
Additions 325,460 45,782 25,684 98,068 494,994
Disposals
Revaluations
Transfers
At 31 August 2023 1,001,606 160,690 66,093 68,163 313,917 1,610,469
Depreciation
At 1 September 2022 26,543 26,502 26,893 89,087 169,025
Charge for year 9,912 10,985 8,582 27,113 56,592
On disposals
Other adjustments
At 31 August 2023 36,455 37,487 35,475 116,200 225,617
Net book value
At 31 August 2023 1,001,606 124,235 28,606 32,688 197,717 1,384,852
At 31 August 2022 676,146 88,365 39,591 15,586 126,762 946,450

CRYSTAL PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Stocks

2023 2022
£ £
Stocks 969,384 748,554
Total 969,384 748,554

CRYSTAL PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,182,982 1,029,874
Total 1,182,982 1,029,874

CRYSTAL PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 167,406 113,608
Taxation and social security 197,345 199,322
Total 364,751 312,930