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REGISTERED NUMBER: 08269764 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Craig Brown Wrong Fuel Recovery Limited

Craig Brown Wrong Fuel Recovery Limited (Registered number: 08269764)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Craig Brown Wrong Fuel Recovery Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: C Brown
L J Boulton Brown





REGISTERED OFFICE: Oak Tree House
Charnes Road
Ashley
Market Drayton
Shropshire
TF9 4LQ





REGISTERED NUMBER: 08269764 (England and Wales)





ACCOUNTANTS: Gilligans Limited
Unit 4 Lymedale Business Centre
Hooters Hall Road
Lymedale Business Park
Newcastle under Lyme
Staffordshire
ST5 9QF

Craig Brown Wrong Fuel Recovery Limited (Registered number: 08269764)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,731 12,010
15,731 12,010

CURRENT ASSETS
Stocks 1,310 1,435
Cash at bank 13,289 6,544
14,599 7,979
CREDITORS
Amounts falling due within one year 6 20,975 14,385
NET CURRENT LIABILITIES (6,376 ) (6,406 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,355

5,604

CREDITORS
Amounts falling due after more than one year 7 1,875 -
NET ASSETS 7,480 5,604

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,380 5,504
SHAREHOLDERS' FUNDS 7,480 5,604

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Craig Brown Wrong Fuel Recovery Limited (Registered number: 08269764)

Balance Sheet - continued
31 October 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 13 August 2024 and were signed on its behalf by:





C Brown - Director


Craig Brown Wrong Fuel Recovery Limited (Registered number: 08269764)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Craig Brown Wrong Fuel Recovery 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of two years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 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.

Craig Brown Wrong Fuel Recovery Limited (Registered number: 08269764)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 4,000
AMORTISATION
At 1 November 2022
and 31 October 2023 4,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2022 9,514 15,500 25,014
Additions - 16,750 16,750
Disposals - (10,500 ) (10,500 )
At 31 October 2023 9,514 21,750 31,264
DEPRECIATION
At 1 November 2022 8,192 4,812 13,004
Charge for year 264 4,890 5,154
Eliminated on disposal - (2,625 ) (2,625 )
At 31 October 2023 8,456 7,077 15,533
NET BOOK VALUE
At 31 October 2023 1,058 14,673 15,731
At 31 October 2022 1,322 10,688 12,010

Craig Brown Wrong Fuel Recovery Limited (Registered number: 08269764)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 16,750
At 31 October 2023 16,750
DEPRECIATION
Charge for year 4,187
At 31 October 2023 4,187
NET BOOK VALUE
At 31 October 2023 12,563

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts 2,500 -
Taxation and social security 6,370 2,888
Other creditors 12,105 11,497
20,975 14,385

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts 1,875 -

8. ULTIMATE CONTROLLING PARTY

The controlling party is C Brown.