Company Registration No. 11155810 (England and Wales)
Cresta Construction Limited
Unaudited accounts
for the year ended 31 January 2024
Cresta Construction Limited
Unaudited accounts
Contents
Cresta Construction Limited
Company Information
for the year ended 31 January 2024
Company Number
11155810 (England and Wales)
Registered Office
15 Beechbank Drive
Thorpe End
Norwich
Norfolk
NR13 5BW
England
Accountants
Actagen Accountants
108 Lackford Close
Brundall
Norfolk
NR13 5NL
Cresta Construction Limited
Accountants' report
Accountants' report to the director of Cresta Construction Limited on the preparation of the unaudited statutory accounts for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Cresta Construction Limited for the year ended
31 January 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Cresta Construction Limited, as a body, in accordance with the terms of our engagement letter dated 6 June 2018. Our work has been undertaken solely to prepare for your approval the accounts of Cresta Construction Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cresta Construction Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Cresta Construction Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Cresta Construction Limited. You consider that Cresta Construction Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Cresta Construction Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Actagen Accountants
108 Lackford Close
Brundall
Norfolk
NR13 5NL
25 October 2024
Cresta Construction Limited
Statement of financial position
as at 31 January 2024
Tangible assets
416,310
304,845
Cash at bank and in hand
48,527
31,686
Creditors: amounts falling due within one year
(256,964)
(189,261)
Net current liabilities
(215,650)
(150,614)
Total assets less current liabilities
200,660
154,231
Creditors: amounts falling due after more than one year
(27,173)
(33,817)
Net assets
173,487
120,414
Called up share capital
10
10
Profit and loss account
173,477
120,404
Shareholders' funds
173,487
120,414
For the year ending 31 January 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 28 October 2024 and were signed on its behalf by
Eric Grady
Director
Company Registration No. 11155810
Cresta Construction Limited
Notes to the Accounts
for the year ended 31 January 2024
Cresta Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 11155810. The registered office is 15 Beechbank Drive, Thorpe End, Norwich, Norfolk, NR13 5BW, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
20% Straight Line
Computer equipment
33.3% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
237,000
131,628
34,745
4,011
407,384
Additions
78,797
54,970
5,000
293
139,060
At 31 January 2024
315,797
186,598
39,745
4,304
546,444
At 1 February 2023
-
82,039
17,036
3,464
102,539
Charge for the year
-
20,083
7,080
432
27,595
At 31 January 2024
-
102,122
24,116
3,896
130,134
At 31 January 2024
315,797
84,476
15,629
408
416,310
At 31 January 2023
237,000
49,589
17,709
547
304,845
Cresta Construction Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
(7,293)
6,961
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
5,000
Trade creditors
55,383
3,775
Taxes and social security
4,376
(71)
Other creditors
5,050
5,050
Loans from directors
190,027
138,411
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Average number of employees
During the year the average number of employees was 3 (2023: 4).