Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-3062023-10-01falseNo description of principal activity6truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07768635 2023-10-01 2024-09-30 07768635 2022-10-01 2023-09-30 07768635 2024-09-30 07768635 2023-09-30 07768635 c:Director1 2023-10-01 2024-09-30 07768635 c:Director3 2023-10-01 2024-09-30 07768635 d:Buildings 2023-10-01 2024-09-30 07768635 d:Buildings 2024-09-30 07768635 d:Buildings 2023-09-30 07768635 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07768635 d:PlantMachinery 2023-10-01 2024-09-30 07768635 d:PlantMachinery 2024-09-30 07768635 d:PlantMachinery 2023-09-30 07768635 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07768635 d:MotorVehicles 2023-10-01 2024-09-30 07768635 d:MotorVehicles 2024-09-30 07768635 d:MotorVehicles 2023-09-30 07768635 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07768635 d:OfficeEquipment 2023-10-01 2024-09-30 07768635 d:OfficeEquipment 2024-09-30 07768635 d:OfficeEquipment 2023-09-30 07768635 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07768635 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 07768635 d:CurrentFinancialInstruments 2024-09-30 07768635 d:CurrentFinancialInstruments 2023-09-30 07768635 d:Non-currentFinancialInstruments 2024-09-30 07768635 d:Non-currentFinancialInstruments 2023-09-30 07768635 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 07768635 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 07768635 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 07768635 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 07768635 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 07768635 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 07768635 d:ShareCapital 2024-09-30 07768635 d:ShareCapital 2023-09-30 07768635 d:RetainedEarningsAccumulatedLosses 2024-09-30 07768635 d:RetainedEarningsAccumulatedLosses 2023-09-30 07768635 c:FRS102 2023-10-01 2024-09-30 07768635 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07768635 c:FullAccounts 2023-10-01 2024-09-30 07768635 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07768635 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 07768635 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 07768635 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 07768635














CRUSH FOODS LIMITED


UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
CRUSH FOODS LIMITED
REGISTERED NUMBER:07768635

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
16,834
19,389

  
16,834
19,389

Current assets
  

Stocks
  
85,838
91,182

Debtors: amounts falling due within one year
 5 
132,638
140,832

Cash at bank and in hand
 6 
57,178
51,164

  
275,654
283,178

Creditors: amounts falling due within one year
 7 
(196,622)
(163,220)

Net current assets
  
 
 
79,032
 
 
119,958

Total assets less current liabilities
  
95,866
139,347

Creditors: amounts falling due after more than one year
 8 
(40,000)
(84,000)

Provisions for liabilities
  

Deferred tax
 10 
(2,658)
(3,013)

  
 
 
(2,658)
 
 
(3,013)

Net assets
  
53,208
52,334


Capital and reserves
  

Called up share capital 
  
111,020
111,020

Profit and loss account
  
(57,812)
(58,686)

  
53,208
52,334


Page 1

 
CRUSH FOODS LIMITED
REGISTERED NUMBER:07768635
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
A R Dewing
................................................
K D W White
Director
Director


Date: 19 June 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
CRUSH FOODS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Crush Foods Limited is a private company limited by shares and incorporated in England and Wales, registration number 07768635. The registered office is Park Farm, Salle, Norwich, Norfolk NR10 4SG. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Going concern

The Directors have considered the Company’s position at the time of signing the financial statements. They have considered future trading expectations, the current financial position of the Company and other factors such as mitigating ongoing costs. 
Based on this, the Directors have concluded that the company will have adequate resources to continue in operational existence for at least twelve months from the date of signing these financial statements and will therefore adopt the going concern basis of accounting in preparing these financial statements.

Page 3

 
CRUSH FOODS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
CRUSH FOODS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
25%
reducing balance
Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Office equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
CRUSH FOODS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.12

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Page 6

 
CRUSH FOODS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).


4.


Tangible fixed assets





Property improvements
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 October 2023
11,358
57,513
18,750
4,778
92,399


Additions
2,024
659
-
377
3,060



At 30 September 2024

13,382
58,172
18,750
5,155
95,459



Depreciation


At 1 October 2023
6,389
48,691
14,274
3,656
73,010


Charge for the year on owned assets
1,749
2,371
1,119
376
5,615



At 30 September 2024

8,138
51,062
15,393
4,032
78,625



Net book value



At 30 September 2024
5,244
7,110
3,357
1,123
16,834



At 30 September 2023
4,969
8,822
4,476
1,122
19,389


5.


Debtors

2024
2023
£
£


Trade debtors
127,802
136,518

Other debtors
4,836
4,314

132,638
140,832


Page 7

 
CRUSH FOODS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
57,178
51,164

57,178
51,164



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
59,000
30,000

Trade creditors
74,000
49,826

Corporation tax
721
8,986

Accruals and deferred income
62,901
74,408

196,622
163,220



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
40,000
84,000

40,000
84,000


Page 8

 
CRUSH FOODS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
59,000
30,000


59,000
30,000


Amounts falling due 2-5 years

Other loans
40,000
84,000


40,000
84,000


99,000
114,000



10.


Deferred taxation




2024


£






At beginning of year
(3,013)


Charged to profit or loss
355



At end of year
(2,658)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(2,658)
(3,013)

(2,658)
(3,013)

 
Page 9