IRIS Accounts Production v24.1.0.578 05800563 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh058005632023-04-30058005632024-04-30058005632023-05-012024-04-30058005632022-04-30058005632022-05-012023-04-30058005632023-04-3005800563ns15:EnglandWales2023-05-012024-04-3005800563ns14:PoundSterling2023-05-012024-04-3005800563ns10:Director12023-05-012024-04-3005800563ns10:Director22023-05-012024-04-3005800563ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3005800563ns10:SmallEntities2023-05-012024-04-3005800563ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3005800563ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3005800563ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3005800563ns10:FullAccounts2023-05-012024-04-3005800563ns10:CompanySecretary12023-05-012024-04-3005800563ns10:RegisteredOffice2023-05-012024-04-3005800563ns5:CurrentFinancialInstruments2024-04-3005800563ns5:CurrentFinancialInstruments2023-04-3005800563ns5:Non-currentFinancialInstruments2024-04-3005800563ns5:Non-currentFinancialInstruments2023-04-3005800563ns5:ShareCapital2024-04-3005800563ns5:ShareCapital2023-04-3005800563ns5:RetainedEarningsAccumulatedLosses2024-04-3005800563ns5:RetainedEarningsAccumulatedLosses2023-04-3005800563ns5:LeaseholdImprovements2023-05-012024-04-3005800563ns5:PlantMachinery2023-05-012024-04-3005800563ns5:FurnitureFittings2023-05-012024-04-3005800563ns5:LeaseholdImprovements2023-04-3005800563ns5:PlantMachinery2023-04-3005800563ns5:FurnitureFittings2023-04-3005800563ns5:LeaseholdImprovements2024-04-3005800563ns5:PlantMachinery2024-04-3005800563ns5:FurnitureFittings2024-04-3005800563ns5:LeaseholdImprovements2023-04-3005800563ns5:PlantMachinery2023-04-3005800563ns5:FurnitureFittings2023-04-3005800563ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3005800563ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3005800563ns5:Secured2024-04-3005800563ns5:Secured2023-04-30
REGISTERED NUMBER: 05800563 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

C and R Design Ltd

C and R Design Ltd (Registered number: 05800563)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C and R Design Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: C Christou
R Russell





SECRETARY: C Christou





REGISTERED OFFICE: 6a Nesbitts Alley
High Street
Barnet
EN5 5XG





REGISTERED NUMBER: 05800563 (England and Wales)





ACCOUNTANTS: GPMA
3 Athenaeum Road
London
N20 9AA

C and R Design Ltd (Registered number: 05800563)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 138,336 162,631

CURRENT ASSETS
Debtors 4 252,655 224,981
Cash at bank and in hand 126,591 162,778
379,246 387,759
CREDITORS
Amounts falling due within one year 5 146,916 111,519
NET CURRENT ASSETS 232,330 276,240
TOTAL ASSETS LESS CURRENT
LIABILITIES

370,666

438,871

CREDITORS
Amounts falling due after more than one
year

6

-

72,727
NET ASSETS 370,666 366,144

CAPITAL AND RESERVES
Called up share capital 1,100 1,100
Retained earnings 369,566 365,044
SHAREHOLDERS' FUNDS 370,666 366,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

C and R Design Ltd (Registered number: 05800563)

Balance Sheet - continued
30 April 2024


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 20 August 2024 and were signed on its behalf by:




R Russell - Director



C Christou - Director


C and R Design Ltd (Registered number: 05800563)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. 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 represents revenue recognised by the company in respect of goods and services supplied, excluding value added tax and trade discounts.

Revenue earned under contracts to provide services, is recognised when the services are carried out and
measured at the fair value of the consideration received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 11 ) .

C and R Design Ltd (Registered number: 05800563)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 May 2023 54,622 154,357 79,476 288,455
Additions - 1,494 - 1,494
At 30 April 2024 54,622 155,851 79,476 289,949
DEPRECIATION
At 1 May 2023 5,784 58,832 61,208 125,824
Charge for year 2,731 19,404 3,654 25,789
At 30 April 2024 8,515 78,236 64,862 151,613
NET BOOK VALUE
At 30 April 2024 46,107 77,615 14,614 138,336
At 30 April 2023 48,838 95,525 18,268 162,631

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 98,286 71,265
Other debtors 154,369 153,716
252,655 224,981

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts - 27,273
Taxation and social security 86,152 82,938
Other creditors 60,764 1,308
146,916 111,519

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans - 72,727

7. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans - 100,000

Bank loans are secured by a guarantee provided under the CBIL scheme.

C and R Design Ltd (Registered number: 05800563)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. RELATED PARTY DISCLOSURES

Other debtors include £153,144 (2023 - £153,144) due from a company under common directorship and shareholding. The loan is provided interest-free and is repayable on demand.