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Company Registration No. 10639465 (England and Wales)
Cresco Globe Ltd Unaudited accounts for the year ended 29 February 2024
Cresco Globe Ltd Unaudited accounts Contents
Page
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Cresco Globe Ltd Company Information for the year ended 29 February 2024
Director
Simon Pullen
Company Number
10639465 (England and Wales)
Registered Office
29 Great George Street Bristol BS1 5QT
Accountants
Debbie Stevens BSc (Hons), MAAT 8 Osbourne Terrace London Rd Thrupp Stroud, Glos GL5 2BJ
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Cresco Globe Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,932 
1,747 
Current assets
Debtors
17,363 
16,227 
Cash at bank and in hand
615,283 
468,538 
632,646 
484,765 
Creditors: amounts falling due within one year
(119,012)
(84,852)
Net current assets
513,634 
399,913 
Net assets
515,566 
401,660 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
515,565 
401,659 
Shareholders' funds
515,566 
401,660 
For the year ending 29 February 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 October 2024 and were signed on its behalf by
Simon Pullen Director Company Registration No. 10639465
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Cresco Globe Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Cresco Globe Ltd is a private company, limited by shares, registered in England and Wales, registration number 10639465. The registered office is 29 Great George Street, Bristol, BS1 5QT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
4,712 
Additions
668 
At 29 February 2024
5,380 
Depreciation
At 1 March 2023
2,965 
Charge for the year
483 
At 29 February 2024
3,448 
Net book value
At 29 February 2024
1,932 
At 28 February 2023
1,747 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
17,310 
16,174 
Other debtors
53 
53 
17,363 
16,227 
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Cresco Globe Ltd Notes to the Accounts for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
23,155 
33,046 
VAT
14,331 
11,995 
Taxes and social security
71,564 
36,605 
Loans from directors
9,136 
2,454 
Accruals
826 
752 
119,012 
84,852 
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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