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REGISTERED NUMBER: 01812016 (England and Wales)


















STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CRYSTALCARE FACILITIES SERVICES LIMITED

PREVIOUSLY KNOWN AS
CRYSTAL SERVICES PLC

CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 6

Income Statement 9

Balance Sheet 10

Statement of Changes in Equity 11

Cash Flow Statement 12

Notes to the Financial Statements 13


CRYSTALCARE FACILITIES SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: T A Jerman
S H Cheung
G Saadie



SECRETARY: S H Cheung



REGISTERED OFFICE: Unit 6
Loughton Business Centre
Langston Road
Loughton
Essex
IG10 3SD



REGISTERED NUMBER: 01812016 (England and Wales)



SENIOR STATUTORY AUDITOR: Andrew Green LLB FCA



AUDITORS: THP Limited
Chartered Accountants
and Statutory Auditors
34-40 High Street
Wanstead
London
E11 2RJ

CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

STRATEGIC REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024


The directors present their strategic report for the year ended 30 September 2024.

REVIEW OF BUSINESS
The Directors are pleased to report another successful trading period, with turnover and operating profits showing an increase on the previous year.

We have maintained financial strength and stability, by managing costs and working hard to service our clients in a proactive and flexible way. We have seen many clients come back for our service who have continued to require their full contract services for cleaning. We have seen an increase in turnover this accounting year and going forward we hope we can continue this line of trend.

We have continued to sign new business, targeting those business types that have broadly continued to trade and require services. We feel we have worked hard to adapt our marketing approach and believe this will stand us in good stead in the future.

30 September 2024 30 September 2023
£ £
Turnover 11,927,646 10,423,668
Gross profit 3,180,851 2,822,988
Gross profit % 26.67% 27.08%
Operating profit 775,196 670,891

The net assets of the company were £1,356,137 (2023: £1,185,410) at the balance sheet date, reflecting the solid position of the company from a solvency and liquidity point of view.

PRINCIPAL RISKS AND UNCERTAINTIES
The Board continuously monitors the key risks and uncertainties that may impact the business and the ability to deliver the corporate strategy and these are identified below:

Economic downturn
In response to this continuous risk, senior management aim to keep abreast of economic conditions. In cases of severe economic downturn, marketing and pricing strategies will be modified to reflect the new market conditions.

Wage cost inflation
The Company is affected by wage cost inflation and pressures within the labour market. The Company monitors the market to ensure compliance with labour market regulations, and maintains employment policies, remuneration and benefits packages that are designed to be competitive with other companies.

Competition
The market in which the Company operates is highly competitive. Policies of assessing our pricing strategy and ongoing market research are in place to mitigate such risks.

Liquidity risk
As the result of positive cash flows from operating activities and the current asset position, the Directors do not consider liquidity or cashflow risk to be an issue, however these areas are closely monitored to ensure the Company's procedures continue to operate effectively to minimise risks.

ON BEHALF OF THE BOARD:





S H Cheung - Director


24 February 2025

CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


The directors present their report with the financial statements of the company for the year ended 30 September 2024.

CHANGE OF NAME
The company passed a special resolution on 9 August 2024 changing its name from Crystal Services PLC to Crystalcare Facilities Services Limited.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of general cleaning contractors.

DIVIDENDS
Interim dividends of £420,000 (2023: £400,000) were paid during the year. The Directors do not recommend payment of a final dividend.

FUTURE DEVELOPMENTS
The Directors are confident that continued focus on the core cleaning services business and key management policies will strengthen the financial performance and position of the Company during the ensuing years.

DIRECTORS
The directors who held office during the year and up to the date of signature of the financial statements were as follows:


T A Jerman
S.H.L Cheung
G. Saadie


CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

ENGAGEMENT WITH EMPLOYEES
Disabled persons
Applications for employment by disabled persons are always fully considered, bearing in mind the aptitudes of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the company continues and that the appropriate training is arranged. It is the policy of the company that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.

Employee involvement
The company's policy is to consult and discuss with employees, matters likely to affect employees' interests. Information on matters of concern to employees is given through 'information bulletins' and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the company's performance. The company is committed to transparency, employee engagement and social responsibility. We provide our employees with clear contractual terms and conditions and provide enhanced pay breakdowns. This has ensured our team is well informed about their compensation, contributing to a transparent and trustworthy work environment. We also recognise our staff through our Shining Star spot award scheme.

We regularly consult with our employees through monthly staff site feedback surveys This feedback has help us to make informed decisions that impact their interests positively, demonstrating our commitment to incorporating their views in our strategic planning.

We are proud to be Living Wage Foundation Recognised Service Providers, encouraging all our clients to adopt the Real Living Wage. We follow an equal opportunities policy to ensure all employees are treated equally in terms of their employment, training, career development and promotion.

FINANCIAL CONTROLS
IT systems have different password protection systems that are changed periodically with different access levels according to the position of the staff member accessing the data.

The company have lines of financial reporting, responsibilities, and limits for the authorization, approval, and verification of disbursements are all documented in writing.

Financial control activities are documented, and at a minimum, cover controls around cash disbursement, accounts receivable, accounts payable, and inventory management

SOCIAL AND ENVIRONMENTAL PERFORMANCE
We publish an annual social and environmental impact report on our website.

ENVIRONMENTAL PRACTICES INCLUDING CARBON OUTPUT
Crystalcare Facilities Services Ltd is committed to minimising its environmental impact and ensuring sustainable operations. The company maintains an environmental management system aligned with best practices and continuously monitors its performance to reduce emissions.

As part of this commitment, the Company has been awarded Planet Mark Business Certification for the reporting period 1 October 2023 to 30 September 2024. The Company achieved a 15.6% absolute reduction in Scope 1 and 2 market-based emissions compared to the previous year.

The Company ensures compliance with the Companies (Directors' Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 (SECR). This report aligns with the GHG Protocol Corporate Accounting and Reporting Standard and the UK Government Environmental Reporting Guidelines 2019.

Measured carbon Footprint


Source

2024 (tCO2e)
2023
(tCO2e)

Scope 1 (Direct Emissions - Fleet & Fuel Use) 20.4 23.0
Scope 2 (Indirect Emissions - Electricity,
Market-Based)

5.0

7.1
Scope 3 (Other Indirect Emissions - Purchased Goods,
Waste, Business Travel, Water, etc.)

1.3

1.2
Total Carbon Footprint (Market-Based) 26.7 31.3

Emission Intensity Metrics

- Per Employee (tCO2e): 0.4
- Per £1,000,000 Revenue (tCO2e, Market-Based): 2.2
- Reduction Target for Next Year: 5% in Scope 1 & 2 Emissions


CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

Key Highlights

- Fleet travel accounted for 96.8% of total market-based emissions.
- Building emissions saw a significant reduction due to a transition to a zero-carbon electricity supplier.
- Waste emissions decreased and represent only 0.06% of total emissions.
- Water-related emissions remained stable, contributing 0.2% of total emissions.

Next Steps

The Company is working towards further reducing its carbon footprint by:
- Continuing annual emissions reductions of at least 5% in Scope 1 & 2 to maintain Planet Mark Certification.
- Expanding Scope 3 data collection to include additional emission sources such as upstream transportation and employee commuting.
- Enhancing sustainability initiatives across supply chain operations to lower environmental impact.

Th Company remains committed to environmental responsibility and carbon reduction, ensuring compliance with regulatory requirements while driving progress towards a net-zero future.

DISCLOSURE IN THE STRATEGIC REPORT
The Company has chosen to make disclosures in relation to financial risk management and other matters considered to be of strategic importance which would otherwise be in the Directors report within the Strategic Report.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, THP Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





S H Cheung - Director


24 February 2025

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
CRYSTALCARE FACILITIES SERVICES LIMITED


Opinion
We have audited the financial statements of Crystalcare Facilities Services Limited (the 'company') for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 30 September 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
CRYSTALCARE FACILITIES SERVICES LIMITED


Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page five, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach is identifying and assessing the risk of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the sector in which the company operates;
- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, right to work, environmental and health and safety legislation;
- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and
- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud, and
- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
- agreeing financial statement disclosures to underlying supporting documentation;
- enquiring of management as to actual and potential litigation and claims; and
- reviewing correspondence with HMRC and any other relevant regulators as required.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
CRYSTALCARE FACILITIES SERVICES LIMITED


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Andrew Green LLB FCA (Senior Statutory Auditor)
for and on behalf of THP Limited
Chartered Accountants
and Statutory Auditors
34-40 High Street
Wanstead
London
E11 2RJ

24 February 2025

CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

INCOME STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2024 2023
Notes £    £   

TURNOVER 11,927,646 10,423,668

Cost of sales 8,746,795 7,600,680
GROSS PROFIT 3,180,851 2,822,988

Administrative expenses 2,405,655 2,152,097
OPERATING PROFIT 5 775,196 670,891

Interest receivable and similar income 20,289 21,370
PROFIT BEFORE TAXATION 795,485 692,261

Tax on profit 6 204,758 153,721
PROFIT FOR THE FINANCIAL YEAR 590,727 538,540

CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 8 1,783,674 1,513,260
Cash at bank 1,475,487 1,252,149
3,259,161 2,765,409
CREDITORS
Amounts falling due within one year 9 1,903,024 1,579,999
NET CURRENT ASSETS 1,356,137 1,185,410
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,356,137

1,185,410

CAPITAL AND RESERVES
Called up share capital 11 55,555 55,555
Retained earnings 12 1,300,582 1,129,855
SHAREHOLDERS' FUNDS 1,356,137 1,185,410

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:





T A Jerman - Director


CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 October 2022 55,555 991,315 1,046,870

Changes in equity
Dividends - (400,000 ) (400,000 )
Total comprehensive income - 538,540 538,540
Balance at 30 September 2023 55,555 1,129,855 1,185,410

Changes in equity
Dividends - (420,000 ) (420,000 )
Total comprehensive income - 590,727 590,727
Balance at 30 September 2024 55,555 1,300,582 1,356,137

CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2024 2023
Notes £    £   
Cash flows from operating activities
Cash generated from operations 15 779,472 271,210
Tax paid (156,423 ) (70,420 )
Net cash from operating activities 623,049 200,790

Cash flows from investing activities
Interest received 20,289 21,370
Net cash from investing activities 20,289 21,370

Cash flows from financing activities
Equity dividends paid (420,000 ) (400,000 )
Net cash from financing activities (420,000 ) (400,000 )

Increase/(decrease) in cash and cash equivalents 223,338 (177,840 )
Cash and cash equivalents at beginning
of year

16

1,252,149

1,429,989

Cash and cash equivalents at end of
year

16

1,475,487

1,252,149

CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Crystalcare Facilities Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

a) Critical judgements in applying the entity's accounting policies
There are no specific judgements, apart from those involving estimates as detailed below, that management
has made in the process of applying the entity's accounting policies that have a significant effect on the
amounts recognised in the financial statements.

b) Critical accounting estimates and assumptions
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates can differ from the related actual results.The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next financial year are addressed below.

(i) Holiday pay provision
The company makes an estimate of the holiday provision that each employee has leftover, unused at the company year-end.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from contracts for the provision of cleaning services is recognised in the period in which the services are rendered.

Financial instruments
The Company has chosen to adopt Sections 11 and 12 of FRS102 in respect of financial instruments. Basic
financial instruments are initially recognised at transaction value and subsequently carried at this value less any provision for impairment.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet represents cash in hand and deposits with financial institutions without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

In the statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Company's cash management.

Short-term debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in profit or loss under operating expenses.

The carrying value of all short-term financial assets and liabilities are measured at amortised cost.


CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS
2024 2023
£    £   
Wages and salaries 8,931,760 7,649,813
Social security costs 444,655 367,424
Other pension costs 170,234 147,683
9,546,649 8,164,920

The average number of employees during the year was as follows:
2024 2023

Office and management 25 25
Direct labour 673 631
698 656

2024 2023
£    £   
Directors' remuneration 205,706 177,139
Directors' pension contributions to money purchase schemes 31,688 29,776

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes 1 1

Information regarding the highest paid director for the year ended 30 September 2024 is as follows:
2024
£   
Emoluments etc 119,283

The Directors are the key management for the purposes of disclosure under FRS102.

CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Other operating leases 148,312 111,628
Auditors' remuneration 8,505 8,100
Auditors' remuneration for non audit work 2,750 2,625

6. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2024 2023
£    £   
Current tax:
UK corporation tax 202,077 153,721
Under/(over) provision in
prior year 2,681 -

Tax on profit 204,758 153,721

UK corporation tax has been charged at 25% (2023 - 22%).

Reconciliation of total tax charge included in profit and loss
The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2024 2023
£    £   
Profit before tax 795,485 692,261
Profit multiplied by the standard rate of corporation tax in the UK of 25%
(2023 - 22%)

198,871

152,297

Effects of:
Expenses not deductible for tax purposes 3,206 1,424
Adjustments to tax charge in respect of previous periods 2,681 -
Total tax charge 204,758 153,721

7. DIVIDENDS
2024 2023
£    £   
Ordinary shares of £1 each
Interim 420,000 400,000

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,773,016 1,449,404
Amounts owed by related companies - 53,198
Prepayments 10,658 10,658
1,783,674 1,513,260

CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 208,402 256,189
Amounts owed to related companies 146,419 83,183
Corporation tax 202,077 153,742
Social security and other taxes 139,137 119,366
VAT 534,233 433,444
Other creditors 323,263 306,924
Accrued expenses 349,493 227,151
1,903,024 1,579,999

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 140,011 92,068
Between one and five years 114,592 109,719
254,603 201,787

The operating leases relate to the trading premises and motor vehicles.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
55,555 Ordinary £1 55,555 55,555

12. RESERVES
Retained
earnings
£   

At 1 October 2023 1,129,855
Profit for the year 590,727
Dividends (420,000 )
At 30 September 2024 1,300,582

13. RELATED PARTY DISCLOSURES

During the year, total dividends of £420,000 (2023 - £400,000) were paid to the directors .

During the year the company was charged rent and management fees of £283,073 (2023: £402,000) by Crystal Properties & Investments Limited, a Company in which a director has a controlling interest. At the balance sheet date there was a net balance due to this Company of £146,419 (2023: £83,183 due from).

During the year the company charged management and overhead fees of £176,067 (2023: £245,000) to Crystalkil Limited, a Company in which a director had a controlling interest. At the balance sheet date there was a net balance due from this Company of £51,663 (2023: £53,198 due to).

During the year the Company made pension contributions of £24,000 (2023: £24,000) to the spouse of a Director.

14. ULTIMATE CONTROLLING PARTY

The controlling party is T A Jerman.

CRYSTALCARE FACILITIES SERVICES LIMITED (REGISTERED NUMBER: 01812016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


15. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

2024 2023
£    £   
Profit before taxation 795,485 692,261
Finance income (20,289 ) (21,370 )
775,196 670,891
Increase in trade and other debtors (323,612 ) (70,325 )
Increase/(decrease) in trade and other creditors 327,888 (329,356 )
Cash generated from operations 779,472 271,210

16. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 30 September 2024
30.9.24 1.10.23
£    £   
Cash and cash equivalents 1,475,487 1,252,149
Year ended 30 September 2023
30.9.23 1.10.22
£    £   
Cash and cash equivalents 1,252,149 1,429,989


17. ANALYSIS OF CHANGES IN NET FUNDS

At 1.10.23 Cash flow At 30.9.24
£    £    £   
Net cash
Cash at bank 1,252,149 223,338 1,475,487
1,252,149 223,338 1,475,487
Total 1,252,149 223,338 1,475,487