IRIS Accounts Production v24.3.2.46 12933201 Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129332012023-10-31129332012024-10-31129332012023-11-012024-10-31129332012022-10-31129332012022-11-012023-10-31129332012023-10-3112933201ns15:EnglandWales2023-11-012024-10-3112933201ns14:PoundSterling2023-11-012024-10-3112933201ns10:Director12023-11-012024-10-3112933201ns10:Director22023-11-012024-10-3112933201ns10:CompanyLimitedByGuarantee2023-11-012024-10-3112933201ns10:SmallEntities2023-11-012024-10-3112933201ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3112933201ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3112933201ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3112933201ns10:FullAccounts2023-11-012024-10-3112933201ns10:RegisteredOffice2023-11-012024-10-3112933201ns5:CurrentFinancialInstruments2024-10-3112933201ns5:CurrentFinancialInstruments2023-10-3112933201ns5:RetainedEarningsAccumulatedLosses2024-10-3112933201ns5:RetainedEarningsAccumulatedLosses2023-10-3112933201ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3112933201ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31
REGISTERED NUMBER: 12933201 (England and Wales)







Financial Statements for the Year Ended 31st October 2024

for

Crave Arts

Crave Arts (Registered number: 12933201)






Contents of the Financial Statements
for the Year Ended 31st October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Crave Arts

Company Information
for the Year Ended 31st October 2024







DIRECTORS: Ms D Birch
S J Wilson





REGISTERED OFFICE: Thorneloe House
25 Barborne Road
Worcester
Worcestershire
WR1 1RU





REGISTERED NUMBER: 12933201 (England and Wales)





ACCOUNTANTS: The Richards Sandy Partnership
Thorneloe House
25 Barbourne Road
Worcester
Worcestershire
WR1 1RU

Crave Arts (Registered number: 12933201)

Balance Sheet
31st October 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 904 4,001
Cash at bank 19,774 650
20,678 4,651
CREDITORS
Amounts falling due within one year 5 22,753 4,837
NET CURRENT LIABILITIES (2,075 ) (186 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,075

)

(186

)

RESERVES
Income and expenditure account (2,075 ) (186 )
(2,075 ) (186 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th March 2025 and were signed on its behalf by:




Ms D Birch - Director



S J Wilson - Director


Crave Arts (Registered number: 12933201)

Notes to the Financial Statements
for the Year Ended 31st October 2024

1. STATUTORY INFORMATION

Crave Arts is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

In the event of the company being wound up, the liability in respect of the guarantee is limited to £1.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Grant income is recognised on an accruals basis.

Consultancy income is recognised on an accruals basis.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 780 435
Prepayments and accrued income 124 3,566
904 4,001

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax - 58
Directors' loan accounts 2,263 2,263
Deferred income 18,979 -
Accrued expenses 1,511 2,516
22,753 4,837

6. GOING CONCERN

As at 31 October 2024 the balance sheet was overdrawn. The directors have agreed to support the company therefore these accounts have been drawn up on a going concern basis.