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REGISTERED NUMBER: 05916401 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Wedgwood CRC Ltd

Wedgwood CRC Ltd (Registered number: 05916401)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Wedgwood CRC Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: G K Twynham
Mrs C E Twynham





SECRETARY: Mrs C E Twynham





REGISTERED OFFICE: 25A Market Square
Bicester
Oxfordshire
OX26 6AD





REGISTERED NUMBER: 05916401 (England and Wales)





ACCOUNTANTS: Wilkins & Co
25A Market Square
Bicester
Oxfordshire
OX26 6AD

Wedgwood CRC Ltd (Registered number: 05916401)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £   
CURRENT ASSETS
Stocks 38,700 44,958
Debtors 4 268,027 335,717
Cash at bank and in hand 517,490 337,299
824,217 717,974
CREDITORS
Amounts falling due within one year 5 312,195 322,879
NET CURRENT ASSETS 512,022 395,095
TOTAL ASSETS LESS CURRENT
LIABILITIES

512,022

395,095

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 512,021 395,094
SHAREHOLDERS' FUNDS 512,022 395,095

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





G K Twynham - Director


Wedgwood CRC Ltd (Registered number: 05916401)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Wedgwood CRC Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Stocks
Stocks and work in progress are valued at the lower of cost and net relisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 14 ) .

Wedgwood CRC Ltd (Registered number: 05916401)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 137,541 289,925
Other debtors 130,486 45,792
268,027 335,717

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 138,116 110,355
Taxation and social security 111,998 104,173
Other creditors 62,081 108,351
312,195 322,879

6. OTHER FINANCIAL COMMITMENTS

Leases

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £19,965 (2023 £36,090).