CRL Surveys Limited 09107157 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is the carrying out of site based condition surveys on existing concrete structures of all types, locations and ages. The site investigation is followed by the submission of a comprehensive report and recommendations to the client. Digita Accounts Production Advanced 6.30.9574.0 true true true 09107157 2023-07-01 2024-06-30 09107157 2024-06-30 09107157 core:RetainedEarningsAccumulatedLosses 2024-06-30 09107157 core:ShareCapital 2024-06-30 09107157 core:SharePremium 2024-06-30 09107157 core:CurrentFinancialInstruments 2024-06-30 09107157 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 09107157 core:BetweenTwoFiveYears 2024-06-30 09107157 core:WithinOneYear 2024-06-30 09107157 core:MotorVehicles 2024-06-30 09107157 bus:SmallEntities 2023-07-01 2024-06-30 09107157 bus:Audited 2023-07-01 2024-06-30 09107157 bus:FilletedAccounts 2023-07-01 2024-06-30 09107157 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09107157 bus:RegisteredOffice 2023-07-01 2024-06-30 09107157 bus:Director1 2023-07-01 2024-06-30 09107157 bus:Director2 2023-07-01 2024-06-30 09107157 bus:Director5 2023-07-01 2024-06-30 09107157 bus:Director6 2023-07-01 2024-06-30 09107157 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09107157 core:MotorVehicles 2023-07-01 2024-06-30 09107157 1 2023-07-01 2024-06-30 09107157 countries:EnglandWales 2023-07-01 2024-06-30 09107157 2023-06-30 09107157 core:MotorVehicles 2023-06-30 09107157 2022-07-01 2023-06-30 09107157 2023-06-30 09107157 core:RetainedEarningsAccumulatedLosses 2023-06-30 09107157 core:ShareCapital 2023-06-30 09107157 core:SharePremium 2023-06-30 09107157 core:CurrentFinancialInstruments 2023-06-30 09107157 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 09107157 core:BetweenTwoFiveYears 2023-06-30 09107157 core:WithinOneYear 2023-06-30 09107157 core:MotorVehicles 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 09107157

CRL Surveys Limited

Financial Statements

for the Year Ended 30 June 2024

Brebners
Chartered Accountants & Statutory Auditor
130 Shaftesbury Avenue
London
W1D 5AR

 

CRL Surveys Limited

Contents

Company Information

1

Income Statement

2

Statement of Financial Position

3

Notes to the Financial Statements

4 to 8

 

CRL Surveys Limited

Company Information

Directors

D P King

S S Patel

A P Rimoldi

S Bladon

Registered office

130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

Auditor

Brebners
Chartered Accountants & Statutory Auditor
130 Shaftesbury Avenue
London
W1D 5AR

 

CRL Surveys Limited

Income Statement for the Year Ended 30 June 2024

Note

2024
£

2023
£

Turnover

 

3,211,429

1,946,920

Cost of sales

 

(2,061,885)

(1,158,570)

Gross profit

 

1,149,544

788,350

Administrative expenses

 

(651,944)

(718,591)

Operating profit

 

497,600

69,759

Profit before tax

497,600

69,759

Tax on profit

 

(87,831)

(13,695)

Profit for the financial year

 

409,769

56,064

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

CRL Surveys Limited

Statement of Financial Position as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

4,216

15,798

Current assets

 

Debtors

6

1,725,521

1,646,262

Cash at bank and in hand

 

112,570

63,025

 

1,838,091

1,709,287

Creditors: Amounts falling due within one year

7

(869,612)

(1,062,159)

Net current assets

 

968,479

647,128

Total assets less current liabilities

 

972,695

662,926

Provisions for liabilities

(3,186)

(3,186)

Net assets

 

969,509

659,740

Capital and reserves

 

Called up share capital

1,000

1,000

Share premium reserve

9,900

9,900

Retained earnings

958,609

648,840

Shareholders' funds

 

969,509

659,740

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the Board on 11 February 2025 and signed on its behalf by:
 

.........................................

S S Patel

Director

Company registration number: 09107157

 

CRL Surveys Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is the carrying out of site based condition surveys on existing concrete structures of all types, locations and ages. The site investigation is followed by the submission of a comprehensive report and recommendations to the client.

2

Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 12 February 2025 was Darren Bond, who signed for and on behalf of Brebners.

3

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit after tax for the year ended 30 June 2024 and had net assets of £969,509 at that date.

The directors have considered the impact of the ongoing economic uncertainty in the United Kingdom and the directors' view is that the impact is manageable. The company has traded profitably in the year and subsequent to the year end.

The directors have considered the cashflow requirements of the company for the next 12 months, which demonstrates that the company has sufficient working capital for a period exceeding 12 months from the approval of the financial statements.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

 

CRL Surveys Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the company and specific criteria have been met for each of the company’s activities.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tax

The tax expense for the period comprises the aggregate of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

CRL Surveys Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

4

Staff numbers

The average number of persons employed by the company during the year, was 22 (2023 - 18).

5

Tangible assets

Motor vehicles
 £

Total
£

Cost or valuation

At 1 July 2023

37,908

37,908

At 30 June 2024

37,908

37,908

Depreciation

At 1 July 2023

22,110

22,110

Charge for the year

11,582

11,582

At 30 June 2024

33,692

33,692

Carrying amount

At 30 June 2024

4,216

4,216

At 30 June 2023

15,798

15,798

 

CRL Surveys Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

6

Debtors

Note

2024
£

2023
£

Trade debtors

 

524,262

488,886

Amounts owed by group undertakings

9

773,015

634,364

Other debtors

 

428,244

523,012

 

1,725,521

1,646,262

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

148,040

91,659

Amounts owed to group undertakings

166,626

616,707

Taxation and social security

149,704

115,712

Other creditors

405,242

238,081

869,612

1,062,159

8

Obligations under operating leases

Operating leases

The total of future minimum lease payments is as follows:

2024
£

2023
£

Not later than one year

5,266

6,200

Later than one year and not later than five years

-

5,266

5,266

11,466

The amount of non-cancellable operating lease payments recognised as an expense during the year was £6,200 (2023 - £5,683).

9

Related party transactions

In accordance with FRS 102 paragraph 33.1A, exemption is taken to not disclose transactions in the year between wholly owned group undertakings.

During the year, amounts totalling £339,444 (2023: £240,749) were invoiced to fellow subsidiary undertakings and amounts totalling £900 (2023: £19,265) were invoiced by fellow subsidiary undertakings

During the year, amounts of £60,000 (2023: £45,000) was charged as management expenses by its parent undertakings.

 

CRL Surveys Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

10

Parent and ultimate parent undertaking

The company's immediate parent is Centura Group Limited, incorporated in England and Wales.

  These financial statements are available upon request from Companies House.