Silverfin false false 30/06/2024 01/07/2023 30/06/2024 Mrs J Woods 29/12/1990 Mr J Woods 29/12/1990 29 April 2025 The principal activity of the company continued to be that of construction development 01538591 2024-06-30 01538591 bus:Director1 2024-06-30 01538591 bus:Director2 2024-06-30 01538591 2023-06-30 01538591 core:CurrentFinancialInstruments 2024-06-30 01538591 core:CurrentFinancialInstruments 2023-06-30 01538591 core:ShareCapital 2024-06-30 01538591 core:ShareCapital 2023-06-30 01538591 core:RetainedEarningsAccumulatedLosses 2024-06-30 01538591 core:RetainedEarningsAccumulatedLosses 2023-06-30 01538591 core:FurnitureFittings 2023-06-30 01538591 core:ComputerEquipment 2023-06-30 01538591 core:FurnitureFittings 2024-06-30 01538591 core:ComputerEquipment 2024-06-30 01538591 bus:OrdinaryShareClass1 2024-06-30 01538591 2023-07-01 2024-06-30 01538591 bus:FilletedAccounts 2023-07-01 2024-06-30 01538591 bus:SmallEntities 2023-07-01 2024-06-30 01538591 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 01538591 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 01538591 bus:Director1 2023-07-01 2024-06-30 01538591 bus:Director2 2023-07-01 2024-06-30 01538591 core:FurnitureFittings 2023-07-01 2024-06-30 01538591 core:ComputerEquipment core:TopRangeValue 2023-07-01 2024-06-30 01538591 2022-07-01 2023-06-30 01538591 core:ComputerEquipment 2023-07-01 2024-06-30 01538591 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 01538591 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 01538591 (England and Wales)

CREEBRAY LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH THE REGISTRAR

CREEBRAY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2024

Contents

CREEBRAY LTD

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2024
CREEBRAY LTD

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2024
DIRECTORS Mrs J Woods
Mr J Woods
SECRETARY Mr J Woods
REGISTERED OFFICE 264 Banbury Road
Oxford OX2 7DY
United Kingdom
COMPANY NUMBER 01538591 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
264 Banbury Road
Oxford
OX2 7DY
United Kingdom
CREEBRAY LTD

BALANCE SHEET

AS AT 30 JUNE 2024
CREEBRAY LTD

BALANCE SHEET (continued)

AS AT 30 JUNE 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 2,103 327
2,103 327
Current assets
Stocks 823,445 816,524
Debtors 4 42 40
Cash at bank and in hand 771,250 771,919
1,594,737 1,588,483
Creditors: amounts falling due within one year 5 ( 23,368) ( 26,226)
Net current assets 1,571,369 1,562,257
Total assets less current liabilities 1,573,472 1,562,584
Net assets 1,573,472 1,562,584
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account 1,573,372 1,562,484
Total shareholders' funds 1,573,472 1,562,584

For the financial 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.

Directors' responsibilities:

The financial statements of Creebray Ltd (registered number: 01538591) were approved and authorised for issue by the Board of Directors on 29 April 2025. They were signed on its behalf by:

Mr J Woods
Director
CREEBRAY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2024
CREEBRAY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 JUNE 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Creebray Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 264 Banbury Road, Oxford OX2 7DY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings 15 % reducing balance
Computer equipment 4 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

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.

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 creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Fixtures and fittings Computer equipment Total
£ £ £
Cost
At 01 July 2023 29,530 1,239 30,769
Additions 0 2,087 2,087
At 30 June 2024 29,530 3,326 32,856
Accumulated depreciation
At 01 July 2023 29,358 1,084 30,442
Charge for the financial year 26 285 311
At 30 June 2024 29,384 1,369 30,753
Net book value
At 30 June 2024 146 1,957 2,103
At 30 June 2023 172 155 327

4. Debtors

2024 2023
£ £
VAT recoverable 42 40

5. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to directors 22,319 24,439
Accruals 1,049 1,787
23,368 26,226

6. Financial instruments

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

8. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
Key management personnel 22,319 24,439