Company Registration No. SC578093 (Scotland)
Kitchens By CRW Ltd
Unaudited accounts
for the year ended 31 October 2024
Kitchens By CRW Ltd
Unaudited accounts
Contents
Kitchens By CRW Ltd
Company Information
for the year ended 31 October 2024
Directors
Campbell Whyte
Margaret Whyte
Company Number
SC578093 (Scotland)
Registered Office
41 WALKINSHAW STREET WALKINSHAW STREET
JOHNSTONE
PA5 8BH
UNITED KINGDOM
Accountants
Ascent Accounting Ltd
Clyde Offices 2nd Floor
48 West George Street
Glasgow
G2 1BP
Kitchens By CRW Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
160,484
165,109
Inventories
350,038
350,038
Cash at bank and in hand
4,705
87,820
Creditors: amounts falling due within one year
(364,592)
(412,224)
Net current assets
29,494
72,543
Total assets less current liabilities
196,281
243,955
Creditors: amounts falling due after more than one year
(164,662)
(201,449)
Called up share capital
72,338
72,338
Profit and loss account
(40,719)
(29,832)
Shareholders' funds
31,619
42,506
For the year ending 31 October 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 31 January 2025 and were signed on its behalf by
Campbell Whyte
Director
Company Registration No. SC578093
Kitchens By CRW Ltd
Notes to the Accounts
for the year ended 31 October 2024
Kitchens By CRW Ltd is a private company, limited by shares, registered in Scotland, registration number SC578093. The registered office is 41 WALKINSHAW STREET WALKINSHAW STREET, JOHNSTONE, PA5 8BH, UNITED KINGDOM.
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
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
298,426
55,124
10,839
364,389
Additions
1,000
32,940
1,557
35,497
At 31 October 2024
299,426
88,064
12,396
399,886
At 1 November 2023
178,108
17,271
3,901
199,280
Charge for the year
24,264
14,159
1,699
40,122
At 31 October 2024
202,372
31,430
5,600
239,402
At 31 October 2024
97,054
56,634
6,796
160,484
At 31 October 2023
120,318
37,853
6,938
165,109
Kitchens By CRW Ltd
Notes to the Accounts
for the year ended 31 October 2024
5
Investments
Other investments
Valuation at 1 November 2023
6,303
Valuation at 31 October 2024
6,303
Amounts falling due within one year
Trade debtors
8,143
20,663
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
25,922
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
31,210
49,129
Obligations under finance leases and hire purchase contracts
73,557
53,623
Trade creditors
165,226
188,425
Amounts owed to group undertakings and other participating interests
1,132
-
Taxes and social security
8,412
27,939
Other creditors
59,046
63,373
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
99,519
170,075
Loans from directors
35,613
-
9
Average number of employees
During the year the average number of employees was 16 (2023: 12).