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REGISTERED NUMBER: 07674403 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Cru Technologies Limited

Cru Technologies Limited (Registered number: 07674403)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cru Technologies Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: J Maybury
S G Ward





REGISTERED OFFICE: Unit B4
The Maws
Ferry Road
Jackfield
Telford
TF8 7LS





REGISTERED NUMBER: 07674403 (England and Wales)






Cru Technologies Limited (Registered number: 07674403)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,923 5,231

CURRENT ASSETS
Stocks 15,410 9,150
Debtors 5 119,435 74,374
Cash at bank 20,462 60,985
155,307 144,509
CREDITORS
Amounts falling due within one year 6 65,452 45,725
NET CURRENT ASSETS 89,855 98,784
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,778

104,015

CREDITORS
Amounts falling due after more than
one year

7

(19,686

)

(30,551

)

PROVISIONS FOR LIABILITIES (745 ) (994 )
NET ASSETS 73,347 72,470

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 73,345 72,468
SHAREHOLDERS' FUNDS 73,347 72,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Cru Technologies Limited (Registered number: 07674403)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 8 March 2024 and were signed on its behalf by:




S G Ward - Director



J Maybury - Director


Cru Technologies Limited (Registered number: 07674403)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Cru Technologies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

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

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 or deferred taxation assets and liabilities are not discounted.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Cru Technologies Limited (Registered number: 07674403)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

2. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 7,880
DEPRECIATION
At 1 July 2022 2,649
Charge for year 1,308
At 30 June 2023 3,957
NET BOOK VALUE
At 30 June 2023 3,923
At 30 June 2022 5,231

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 118,478 74,374
Other debtors 957 -
119,435 74,374

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 8,333 8,333
Trade creditors 32,724 13,690
Taxation and social security 13,419 12,726
Other creditors 10,976 10,976
65,452 45,725

Cru Technologies Limited (Registered number: 07674403)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans 19,686 30,551

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
2 Ordinary £1 2 2

9. RELATED PARTY DISCLOSURES

During the year the company acquired products and services totalling £34,547 (2022 : £42,347 from GTPC Ltd, a company owned and controlled by Mr S G Ward. At the balance sheet date the amount owing to GTPC Ltd amounted to £ NIL (2022 : £NIL).

The company also acquired products and services totalling £64,659 (2022 : £68,497) from Viermont Ltd, a company in which Mr J C Maybury serves as a director. At the balance sheet date the amount owing to Viermont Ltd amounted to £ NIL (2022 : £ NIL).