Company registration number 11018185 (England and Wales)
CRYSTAL DRIVEWAYS AND LANDSCAPES LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
CRYSTAL DRIVEWAYS AND LANDSCAPES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
CRYSTAL DRIVEWAYS AND LANDSCAPES LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
- 1 -
2024
Notes
£
£
Fixed assets
Tangible assets
4
55,001
Current assets
Stocks
8,980
Cash at bank and in hand
167,350
176,330
Creditors: amounts falling due within one year
5
(35,273)
Net current assets
141,057
Net assets
196,058
Capital and reserves
Called up share capital
100
Profit and loss reserves
195,958
Total equity
196,058

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 16 April 2025 and are signed on its behalf by:
L A Bixby
Director
Company registration number 11018185 (England and Wales)
CRYSTAL DRIVEWAYS AND LANDSCAPES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
- 2 -
1
Accounting policies
Company information

Crystal Driveways and Landscapes Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Outlook, Oak Hill Road, Stapleford Abbotts, Romford, RM4 1JL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

 

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

CRYSTAL DRIVEWAYS AND LANDSCAPES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
1
Accounting policies
(Continued)
- 3 -
1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
Number
Total
2
CRYSTAL DRIVEWAYS AND LANDSCAPES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
- 4 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 November 2023
78,141
Additions
31,712
At 31 October 2024
109,853
Depreciation and impairment
At 1 November 2023
36,518
Depreciation charged in the year
18,334
At 31 October 2024
54,852
Carrying amount
At 31 October 2024
55,001
Last year c/fwd cost
-
Differs from this year b/fwd by
78,141
Last year c/fwd depreciation
-
Differs from this year b/fwd by
36,518
5
Creditors: amounts falling due within one year
2024
£
Trade creditors
634
Corporation tax
25,734
Other taxation and social security
8,180
Other creditors
725
35,273
2024-10-312023-11-01falsefalsefalseCCH SoftwareCCH Accounts Production 2025.100No description of principal activityR BixbyL A Bixby110181852023-11-012024-10-31110181852024-10-3111018185core:OtherPropertyPlantEquipment2024-10-3111018185core:CurrentFinancialInstrumentscore:WithinOneYear2024-10-3111018185core:CurrentFinancialInstruments2024-10-3111018185core:ShareCapital2024-10-3111018185core:RetainedEarningsAccumulatedLosses2024-10-3111018185bus:Director22023-11-012024-10-3111018185core:PlantMachinery2023-11-012024-10-3111018185core:OtherPropertyPlantEquipment2023-10-3111018185core:OtherPropertyPlantEquipment2023-11-012024-10-3111018185bus:PrivateLimitedCompanyLtd2023-11-012024-10-3111018185bus:SmallCompaniesRegimeForAccounts2023-11-012024-10-3111018185bus:FRS1022023-11-012024-10-3111018185bus:AuditExempt-NoAccountantsReport2023-11-012024-10-3111018185bus:Director12023-11-012024-10-3111018185bus:FullAccounts2023-11-012024-10-31xbrli:purexbrli:sharesiso4217:GBP