Company Registration No. SC532172 (Scotland)
Crushrock UK Ltd
Unaudited accounts
for the year ended 30 April 2024
Crushrock UK Ltd
Unaudited accounts
Contents
Crushrock UK Ltd
Company Information
for the year ended 30 April 2024
Directors
Andrew Watson
Fiona Watson
Company Number
SC532172 (Scotland)
Registered Office
16 Sunnyside Drive
Brightons
FK2 0GG
Accountants
Armet Accounting Ltd
Room 31
Haypark Business Centre
Polmont
FK2 0NZ
Crushrock UK Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
8,293
15,944
Cash at bank and in hand
13,033
2,040
Creditors: amounts falling due within one year
(31,582)
(19,160)
Net current liabilities
(5,054)
(8,515)
Total assets less current liabilities
3,239
7,429
Creditors: amounts falling due after more than one year
(11,559)
(17,996)
Provisions for liabilities
Deferred tax
(1,575)
(3,029)
Net liabilities
(9,895)
(13,596)
Called up share capital
100
100
Profit and loss account
(9,995)
(13,696)
Shareholders' funds
(9,895)
(13,596)
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by
Fiona Watson
Director
Company Registration No. SC532172
Crushrock UK Ltd
Notes to the Accounts
for the year ended 30 April 2024
Crushrock UK Ltd is a private company, limited by shares, registered in Scotland, registration number SC532172. The registered office is 16 Sunnyside Drive, Brightons, FK2 0GG.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
3 Years Straight Line
Motor vehicles
5 Years Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Crushrock UK Ltd
Notes to the Accounts
for the year ended 30 April 2024
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The accounts have been produced on a going concern basis. The directors have agreed to continue to support the company.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
18,400
24,305
42,705
At 30 April 2024
19,009
24,305
43,314
At 1 May 2023
9,458
17,303
26,761
Charge for the year
5,007
3,253
8,260
At 30 April 2024
14,465
20,556
35,021
At 30 April 2024
4,544
3,749
8,293
At 30 April 2023
8,942
7,002
15,944
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Amounts falling due within one year
Accrued income and prepayments
7,243
439
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,437
6,097
Obligations under finance leases and hire purchase contracts
-
3,024
Trade creditors
7,584
1,500
Taxes and social security
2,323
988
Loans from directors
(8,574)
6,250
Crushrock UK Ltd
Notes to the Accounts
for the year ended 30 April 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan
(6,249)
31,739
16,916
8,574
(6,249)
31,739
16,916
8,574
Included within other debtors is an advance to the directors. This loan has been paid off in full since the year end. No terms were attached to this loan.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).