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REGISTERED NUMBER: 07075878 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

CRESSCO CORPORATE CLOTHING LTD

CRESSCO CORPORATE CLOTHING LTD (REGISTERED NUMBER: 07075878)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CRESSCO CORPORATE CLOTHING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2025







DIRECTOR: Mr A P Davies





SECRETARY: Mrs C L Davies





REGISTERED OFFICE: Unit 8
Riverside Business Park
Victoria Road
High Wycombe
Buckinghamshire
HP11 2LT





REGISTERED NUMBER: 07075878 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

CRESSCO CORPORATE CLOTHING LTD (REGISTERED NUMBER: 07075878)

BALANCE SHEET
31ST JANUARY 2025

31.1.25 31.1.24
Notes £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 16,601 20,488
16,601 20,488

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 6 74,161 96,302
Cash at bank 31,958 45,368
111,119 146,670
CREDITORS
Amounts falling due within one year 7 95,206 121,567
NET CURRENT ASSETS 15,913 25,103
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,514

45,591

CREDITORS
Amounts falling due after more than one year 8 - 10,968
NET ASSETS 32,514 34,623

CAPITAL AND RESERVES
Called up share capital 111 111
Retained earnings 32,403 34,512
SHAREHOLDERS' FUNDS 32,514 34,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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.

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 9th June 2025 and were signed by:



Mr A P Davies - Director


CRESSCO CORPORATE CLOTHING LTD (REGISTERED NUMBER: 07075878)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2025

1. STATUTORY INFORMATION

Cressco Corporate Clothing 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of two years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost and 15% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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

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 7 (2024 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1st February 2024
and 31st January 2025 10,000
AMORTISATION
At 1st February 2024
and 31st January 2025 10,000
NET BOOK VALUE
At 31st January 2025 -
At 31st January 2024 -

CRESSCO CORPORATE CLOTHING LTD (REGISTERED NUMBER: 07075878)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£ £ £ £
COST
At 1st February 2024 103,330 8,163 18,225 129,718
Additions 895 - 299 1,194
At 31st January 2025 104,225 8,163 18,524 130,912
DEPRECIATION
At 1st February 2024 83,455 8,163 17,612 109,230
Charge for year 4,522 - 559 5,081
At 31st January 2025 87,977 8,163 18,171 114,311
NET BOOK VALUE
At 31st January 2025 16,248 - 353 16,601
At 31st January 2024 19,875 - 613 20,488

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Trade debtors 68,911 84,154
Other debtors 5,250 12,148
74,161 96,302

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Bank loans and overdrafts 14,917 15,974
Trade creditors 49,824 54,427
Taxation and social security 5,464 21,636
Other creditors 25,001 29,530
95,206 121,567

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.25 31.1.24
£ £
Bank loans - 10,968

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A Davies & Mrs C L Davies by wayof their controlling shareholding.