IRIS Accounts Production v23.4.0.336 07036233 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070362332022-09-30070362332023-09-30070362332022-10-012023-09-30070362332021-09-30070362332021-10-012022-09-30070362332022-09-3007036233ns15:EnglandWales2022-10-012023-09-3007036233ns14:PoundSterling2022-10-012023-09-3007036233ns10:Director12022-10-012023-09-3007036233ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3007036233ns10:SmallEntities2022-10-012023-09-3007036233ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3007036233ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3007036233ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3007036233ns10:FullAccounts2022-10-012023-09-3007036233ns10:Director22022-10-012023-09-3007036233ns10:Director32022-10-012023-09-3007036233ns10:RegisteredOffice2022-10-012023-09-3007036233ns5:CurrentFinancialInstruments2023-09-3007036233ns5:CurrentFinancialInstruments2022-09-3007036233ns5:Non-currentFinancialInstruments2023-09-3007036233ns5:Non-currentFinancialInstruments2022-09-3007036233ns5:ShareCapital2023-09-3007036233ns5:ShareCapital2022-09-3007036233ns5:RetainedEarningsAccumulatedLosses2023-09-3007036233ns5:RetainedEarningsAccumulatedLosses2022-09-3007036233ns5:PlantMachinery2022-10-012023-09-3007036233ns5:MotorVehicles2022-10-012023-09-3007036233ns5:ComputerEquipment2022-10-012023-09-3007036233ns5:PlantMachinery2022-09-3007036233ns5:MotorVehicles2022-09-3007036233ns5:ComputerEquipment2022-09-3007036233ns5:PlantMachinery2023-09-3007036233ns5:MotorVehicles2023-09-3007036233ns5:ComputerEquipment2023-09-3007036233ns5:PlantMachinery2022-09-3007036233ns5:MotorVehicles2022-09-3007036233ns5:ComputerEquipment2022-09-3007036233ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3007036233ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3007036233ns5:CurrentFinancialInstruments2022-10-012023-09-30
REGISTERED NUMBER: 07036233 (England and Wales)















CRUSHER SPARES LIMITED

Unaudited Financial Statements

for the Year Ended 30 September 2023






CRUSHER SPARES LIMITED (REGISTERED NUMBER: 07036233)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CRUSHER SPARES LIMITED

Company Information
for the Year Ended 30 September 2023







DIRECTORS: C E Garwood
C Garwood
R Garwood





REGISTERED OFFICE: 11 Meadow Hill
St Davids Manor
Church Village
Pontypridd
Rhondda Cynon Taff
CF38 1RX





REGISTERED NUMBER: 07036233 (England and Wales)





ACCOUNTANTS: O'Brien and Partners
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

CRUSHER SPARES LIMITED (REGISTERED NUMBER: 07036233)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 52,292 56,959

CURRENT ASSETS
Stocks 255,000 201,500
Debtors 5 206,707 207,951
Cash at bank and in hand 299,622 285,329
761,329 694,780
CREDITORS
Amounts falling due within one year 6 421,604 358,839
NET CURRENT ASSETS 339,725 335,941
TOTAL ASSETS LESS CURRENT
LIABILITIES

392,017

392,900

CREDITORS
Amounts falling due after more than one year 7 (82,445 ) (117,839 )

PROVISIONS FOR LIABILITIES (2,377 ) (2,781 )
NET ASSETS 307,195 272,280

CAPITAL AND RESERVES
Called up share capital 80 80
Retained earnings 307,115 272,200
307,195 272,280

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 18 March 2024 and were signed on its behalf by:





C Garwood - Director


CRUSHER SPARES LIMITED (REGISTERED NUMBER: 07036233)

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

1. STATUTORY INFORMATION

Crusher Spares 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

CRUSHER SPARES LIMITED (REGISTERED NUMBER: 07036233)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2022 27,760 74,540 23,397 125,697
Additions - 15,995 - 15,995
Disposals (13,595 ) (15,350 ) - (28,945 )
At 30 September 2023 14,165 75,185 23,397 112,747
DEPRECIATION
At 1 October 2022 9,332 40,582 18,824 68,738
Charge for year 3,084 7,872 1,142 12,098
Eliminated on disposal (7,500 ) (12,881 ) - (20,381 )
At 30 September 2023 4,916 35,573 19,966 60,455
NET BOOK VALUE
At 30 September 2023 9,249 39,612 3,431 52,292
At 30 September 2022 18,428 33,958 4,573 56,959

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 131,537 153,629
Other debtors 75,170 54,322
206,707 207,951

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 28,037 35,654
Hire purchase contracts 4,440 2,917
Trade creditors 269,742 239,997
Taxation and social security 18,651 18,791
Other creditors 100,734 61,480
421,604 358,839

Included within other creditors is an amount owed to the directors of £46,300 (2022 - £2,854).

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans 43,183 71,519
Hire purchase contracts 19,950 25,913
Other creditors 19,312 20,407
82,445 117,839

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 2,190 14,246

CRUSHER SPARES LIMITED (REGISTERED NUMBER: 07036233)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.23 30.9.22
£    £   
Hire purchase contracts 24,390 28,830

9. RELATED PARTY DISCLOSURES

During the year a loan was provided to The Farmers Arms Church Village Limited, a company under common control. There was interest received on the loan of £501. At the year end the balance on the loan was £8501.