CRESTACRE ENGINEERING LTD

Company Registration Number:
04595903 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

CRESTACRE ENGINEERING LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

CRESTACRE ENGINEERING LTD

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 21,520 20,980
Total fixed assets: 21,520 20,980
Current assets
Stocks: 54,000 54,000
Debtors:   423 13,380
Total current assets: 54,423 67,380
Creditors: amounts falling due within one year:   (24,881) (25,048)
Net current assets (liabilities): 29,542 42,332
Total assets less current liabilities: 51,062 63,312
Creditors: amounts falling due after more than one year:   (47,113) (57,113)
Total net assets (liabilities): 3,949 6,199
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 3,948 6,198
Shareholders funds: 3,949 6,199

The notes form part of these financial statements

CRESTACRE ENGINEERING LTD

Balance sheet statements

For the year ending 30 November 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 August 2024
and signed on behalf of the board by:

Name: Emma Frost
Status: Director

The notes form part of these financial statements

CRESTACRE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated usefullife.Plant and machinery etc - 20% on reducing balance

Valuation and information policy

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

Other accounting policies

TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except tothe 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 orsubstantively enacted by the balance sheet date.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the balancesheet date.Timing differences arise from the inclusion of income and expenses in tax assessments in periods different fromthose in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws thathave been enacted or substantively enacted by the year end and that are expected to apply to the reversal of thetiming difference.Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that theywill be recovered against the reversal of deferred tax liabilities or other future taxable profits.

CRESTACRE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

CRESTACRE ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 117,529
Additions 2,170
At 30 November 2023 119,699
Depreciation
At 01 December 2022 96,549
Charge for year 1,630
At 30 November 2023 98,179
Net book value
At 30 November 2023 21,520
At 30 November 2022 20,980