IRIS Accounts Production v24.1.4.33 08546938 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085469382023-05-31085469382024-05-31085469382023-06-012024-05-31085469382022-05-31085469382022-06-012023-05-31085469382023-05-3108546938ns15:EnglandWales2023-06-012024-05-3108546938ns14:PoundSterling2023-06-012024-05-3108546938ns10:Director12023-06-012024-05-3108546938ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3108546938ns10:SmallEntities2023-06-012024-05-3108546938ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3108546938ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3108546938ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3108546938ns10:FullAccounts2023-06-012024-05-3108546938ns10:Director22023-06-012024-05-3108546938ns10:CompanySecretary12023-06-012024-05-3108546938ns10:RegisteredOffice2023-06-012024-05-3108546938ns5:CurrentFinancialInstruments2024-05-3108546938ns5:CurrentFinancialInstruments2023-05-3108546938ns5:Non-currentFinancialInstruments2024-05-3108546938ns5:Non-currentFinancialInstruments2023-05-3108546938ns5:ShareCapital2024-05-3108546938ns5:ShareCapital2023-05-3108546938ns5:RetainedEarningsAccumulatedLosses2024-05-3108546938ns5:RetainedEarningsAccumulatedLosses2023-05-3108546938ns5:PlantMachinery2023-05-3108546938ns5:PlantMachinery2023-06-012024-05-3108546938ns5:PlantMachinery2024-05-3108546938ns5:PlantMachinery2023-05-3108546938ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3108546938ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31
REGISTERED NUMBER: 08546938 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Creideamh Ltd

Creideamh Ltd (Registered number: 08546938)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Creideamh Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Dr S Meyer
C S Robertson





SECRETARY:





REGISTERED OFFICE: Locke King House
2 Balfour Road
Weybridge
Surrey
KT13 8HD





REGISTERED NUMBER: 08546938 (England and Wales)






Creideamh Ltd (Registered number: 08546938)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,008 10,285

CURRENT ASSETS
Debtors 5 1,449 25,305
Cash at bank 20,626 12,510
22,075 37,815
CREDITORS
Amounts falling due within one year 6 15,944 27,753
NET CURRENT ASSETS 6,131 10,062
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,139

20,347

CREDITORS
Amounts falling due after more than
one year

7

15,534

16,251
NET (LIABILITIES)/ASSETS (395 ) 4,096

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (495 ) 3,996
(395 ) 4,096

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

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

Creideamh Ltd (Registered number: 08546938)

Balance Sheet - continued
31 May 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 2 October 2024 and were signed on its behalf by:





Dr S Meyer - Director


Creideamh Ltd (Registered number: 08546938)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Creideamh Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Creideamh Ltd (Registered number: 08546938)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

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 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 31,218
Additions 588
At 31 May 2024 31,806
DEPRECIATION
At 1 June 2023 20,933
Charge for year 1,865
At 31 May 2024 22,798
NET BOOK VALUE
At 31 May 2024 9,008
At 31 May 2023 10,285

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 1,449 25,305

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 7,317 7,593
Trade creditors 6,040 6,456
Taxation and social security 967 5,125
Other creditors 1,620 8,579
15,944 27,753

Creideamh Ltd (Registered number: 08546938)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 15,534 16,251