Company Registration No. 06191511 (England and Wales)
Crest Retail Limited
Unaudited accounts
for the year ended 30 June 2024
Crest Retail Limited
Unaudited accounts
Contents
Crest Retail Limited
Company Information
for the year ended 30 June 2024
Directors
Julia Baber
Stuart Baber
Company Number
06191511 (England and Wales)
Registered Office
81 High Street
Sevenoaks
Kent
TN13 1LE
England
Accountants
Clearview Accounting Solutions Limited
1 Fir Tree Close
Hildenborough
Kent
TN11 9EQ
Crest Retail Limited
Statement of financial position
as at 30 June 2024
Tangible assets
43,081
44,190
Cash at bank and in hand
92,475
103,714
Creditors: amounts falling due within one year
(82,233)
(111,448)
Net current assets
47,010
26,910
Called up share capital
130
130
Profit and loss account
82,991
64,000
Shareholders' funds
90,091
71,100
For the year ending 30 June 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 6 March 2025 and were signed on its behalf by
Stuart Baber
Director
Company Registration No. 06191511
Crest Retail Limited
Notes to the Accounts
for the year ended 30 June 2024
Crest Retail Limited is a private company, limited by shares, registered in England and Wales, registration number 06191511. The registered office is 81 High Street, Sevenoaks, Kent, TN13 1LE, England.
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:
Land & buildings
20% Straight Line
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
64,503
102,348
26,566
5,318
198,735
Additions
368
9,473
5,557
6,168
21,566
Disposals
-
(475)
-
-
(475)
At 30 June 2024
64,871
111,346
32,123
11,486
219,826
At 1 July 2023
64,183
77,098
9,356
3,908
154,545
Charge for the year
180
11,623
7,849
3,023
22,675
On disposals
-
(475)
-
-
(475)
At 30 June 2024
64,363
88,246
17,205
6,931
176,745
At 30 June 2024
508
23,100
14,918
4,555
43,081
At 30 June 2023
320
25,250
17,210
1,410
44,190
Crest Retail Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Accrued income and prepayments
11,383
10,853
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
34,386
35,981
Taxes and social security
7,698
4,787
Loans from directors
15,443
47,189
7
Average number of employees
During the year the average number of employees was 17 (2023: 16).