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REGISTERED NUMBER: 03676663 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

CREWE INDUSTRIES LIMITED

CREWE INDUSTRIES LIMITED (REGISTERED NUMBER: 03676663)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


CREWE INDUSTRIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: G S Ellis





REGISTERED OFFICE: Grange Works
Trows Lane
Castleton
Rochdale
Lancashire
OL11 2UF





REGISTERED NUMBER: 03676663 (England and Wales)





ACCOUNTANTS: Wyatt Morris Golland Ltd
Park House
200 Drake Street
Rochdale
Lancashire
OL16 1PJ

CREWE INDUSTRIES LIMITED (REGISTERED NUMBER: 03676663)

ABRIDGED BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 3,158,000 3,158,000

CURRENT ASSETS
Debtors 11,350 11,437
Cash at bank 5,114 5,615
16,464 17,052
CREDITORS
Amounts falling due within one year 2,124,674 2,117,758
NET CURRENT LIABILITIES (2,108,210 ) (2,100,706 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,049,790

1,057,294

PROVISIONS FOR LIABILITIES 250,205 298,514
NET ASSETS 799,585 758,780

CAPITAL AND RESERVES
Called up share capital 5 100 100
Non distributable
Fair value reserve 6 750,615 756,485
Retained earnings 48,870 2,195
SHAREHOLDERS' FUNDS 799,585 758,780

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

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

The director acknowledges his 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 profit or loss 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 25 April 2025 and were signed by:





G S Ellis - Director


CREWE INDUSTRIES LIMITED (REGISTERED NUMBER: 03676663)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Crewe Industries 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.

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 as modified by the revaluation of certain 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 3,158,000
NET BOOK VALUE
At 31 July 2024 3,158,000
At 31 July 2023 3,158,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2022 902,982
Valuation in 2023 97,838
Cost 2,157,180
3,158,000

CREWE INDUSTRIES LIMITED (REGISTERED NUMBER: 03676663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
95 Ordinary £1 95 95
5 Ordinary B £1 5 5
100 100

6. RESERVES
Non
distributable
Fair
value
reserve
£   
At 1 August 2023 756,485
Transfer on revaluation
of investment property (5,870 )

At 31 July 2024 750,615