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Company Registration No. 08040156 (England and Wales)
CRC (London) Limited Unaudited accounts for the year ended 31 May 2024
CRC (London) Limited Unaudited accounts Contents
Page
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CRC (London) Limited Company Information for the year ended 31 May 2024
Director
Mr N. Mohoonee
Company Number
08040156 (England and Wales)
Registered Office
103 High Street Waltham Cross Hertfordshire EN8 7AN
Accountants
Brindley Goldstein Ltd 103 High Street Waltham Cross EN8 7AN
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CRC (London) Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
132,279 
9,956 
Current assets
Inventories
687,571 
374,156 
Debtors
28,790 
7,997 
Cash at bank and in hand
277,783 
205,074 
994,144 
587,227 
Creditors: amounts falling due within one year
(62,534)
(49,679)
Net current assets
931,610 
537,548 
Total assets less current liabilities
1,063,889 
547,504 
Creditors: amounts falling due after more than one year
(849,719)
(478,057)
Net assets
214,170 
69,447 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
214,070 
69,347 
Shareholders' funds
214,170 
69,447 
For the year ending 31 May 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 12 February 2025 and were signed on its behalf by
Mr N. Mohoonee Director Company Registration No. 08040156
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CRC (London) Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
CRC (London) Limited is a private company, limited by shares, registered in England and Wales, registration number 08040156. The registered office is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN.
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.
Turnover
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.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
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CRC (London) Limited Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
6,000 
2,773 
3,600 
12,373 
Additions
123,380 
8,548 
3,961 
135,889 
At 31 May 2024
129,380 
11,321 
7,561 
148,262 
Depreciation
At 1 June 2023
1,458 
271 
688 
2,417 
Charge for the year
11,055 
892 
1,619 
13,566 
At 31 May 2024
12,513 
1,163 
2,307 
15,983 
Net book value
At 31 May 2024
116,867 
10,158 
5,254 
132,279 
At 31 May 2023
4,542 
2,502 
2,912 
9,956 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,457 
Other debtors
28,790 
5,540 
28,790 
7,997 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,908 
11,908 
VAT
3,288 
4,644 
Obligations under finance leases and hire purchase contracts
24,608 
- 
Taxes and social security
20,978 
20,151 
Other creditors
- 
12,485 
Loans from directors
1,752 
491 
62,534 
49,679 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,152 
22,274 
Obligations under finance leases and hire purchase contracts
72,784 
- 
Other creditors
765,783 
455,783 
849,719 
478,057 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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CRC (London) Limited Notes to the Accounts for the year ended 31 May 2024
9
Transactions with related parties
The company was under the control of Mr N. Mohoonee during the current year. Mr N. Mohoonee is personally interested in 100% of the company's share capital. During the year Mr N. Mohoonee received a dividend of £50,000 (2023: £28,000)
10
Average number of employees
During the year the average number of employees was 17 (2023: 17).
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