CRYPPRO LTD

Company Registration Number:
11167785 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

CRYPPRO LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

CRYPPRO LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 100 100
Fixed assets
Intangible assets: 3 8,415 9,174
Total fixed assets: 8,415 9,174
Current assets
Stocks: 5,888,472 2,555,030
Debtors:   8,643 29,574
Cash at bank and in hand: 81,006 139,376
Total current assets: 5,978,121 2,723,980
Creditors: amounts falling due within one year:   (3,257,491) (2,945,425)
Net current assets (liabilities): 2,720,630 (221,445)
Total assets less current liabilities: 2,729,145 (212,171)
Total net assets (liabilities): 2,729,145 (212,171)
Capital and reserves
Called up share capital: 135 135
Share premium account: 1,951,780 1,951,780
Other reserves: (2,164,085) (1,253,379)
Profit and loss account: 2,941,315 (910,707)
Shareholders funds: 2,729,145 (212,171)

The notes form part of these financial statements

CRYPPRO LTD

Balance sheet statements

For the year ending 31 December 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 26 September 2024
and signed on behalf of the board by:

Name: Anis Akl
Status: Director

The notes form part of these financial statements

CRYPPRO LTD

Notes to the Financial Statements

for the Period Ended 31 December 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

CRYPPRO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 6 7

CRYPPRO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 20,029
Additions 3,262
At 31 December 2023 23,291
Amortisation
At 01 January 2023 10,855
Charge for year 4,021
At 31 December 2023 14,876
Net book value
At 31 December 2023 8,415
At 31 December 2022 9,174

CRYPPRO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Loans to directors

Name of director receiving advance or credit: Anis AKL
Description of the loan: Loan to director
£
Balance at 01 January 2023 516,732
Advances or credits repaid: 15,790
Balance at 31 December 2023 500,942

CRYPPRO LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: The transaction was the loan from the director.
£
Balance at 01 January 2023 516,732
Balance at 31 December 2023 500,943