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REGISTERED NUMBER: 02611733 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

A B CRUSH (PANELCRAFT) LIMITED

A B CRUSH (PANELCRAFT) LIMITED (REGISTERED NUMBER: 02611733)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A B CRUSH (PANELCRAFT) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: A B Crush
Mrs W Crush
Mrs J C Crush
N A Crush





SECRETARY: Mrs W Crush





REGISTERED OFFICE: A B Crush Panelcraft Ltd
Geddinge
Wootton
CANTERBURY
Kent
CT4 6RY





REGISTERED NUMBER: 02611733 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Charlton House
Dour Street
DOVER
Kent
CT16 1BL

A B CRUSH (PANELCRAFT) LIMITED (REGISTERED NUMBER: 02611733)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 277,266 294,836

CURRENT ASSETS
Stocks 95,245 101,900
Debtors 5 217,052 185,143
Investments 6 135,470 131,821
Cash at bank and in hand 478,052 613,112
925,819 1,031,976
CREDITORS
Amounts falling due within one year 7 202,679 345,833
NET CURRENT ASSETS 723,140 686,143
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,000,406

980,979

CREDITORS
Amounts falling due after more than one
year

8

(3,446

)

(4,054

)

PROVISIONS FOR LIABILITIES 9 (28,510 ) (32,473 )
NET ASSETS 968,450 944,452

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 968,350 944,352
SHAREHOLDERS' FUNDS 968,450 944,452

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

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

A B CRUSH (PANELCRAFT) LIMITED (REGISTERED NUMBER: 02611733)

BALANCE SHEET - continued
31 OCTOBER 2024


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 17 July 2025 and were signed on its behalf by:





Mrs W Crush - Director


A B CRUSH (PANELCRAFT) LIMITED (REGISTERED NUMBER: 02611733)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

A B Crush (Panelcraft) Limited 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 company's principal place of business is Five Oaks, Wootton, Canterbury, Kent, CT4 6RY.

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 and services, excluding value added tax.


Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Buildings - 2% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

A B CRUSH (PANELCRAFT) LIMITED (REGISTERED NUMBER: 02611733)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 22 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
Buildings machinery vehicles Totals
£    £    £    £   
COST
At 1 November 2023 286,340 771,777 53,260 1,111,377
Additions - 12,207 - 12,207
At 31 October 2024 286,340 783,984 53,260 1,123,584
DEPRECIATION
At 1 November 2023 130,186 639,171 47,184 816,541
Charge for year 5,727 22,531 1,519 29,777
At 31 October 2024 135,913 661,702 48,703 846,318
NET BOOK VALUE
At 31 October 2024 150,427 122,282 4,557 277,266
At 31 October 2023 156,154 132,606 6,076 294,836

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 33,820 57,117
Other debtors 130,101 128,026
Directors' current accounts 53,131 -
217,052 185,143

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 135,470 131,821
Market value of listed investments at 31 October 2024 - £ 343,289 (2023 - £ 284,021 ).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 119,998 119,891
Taxation 5,623 5,779
Social security and other taxes 61,835 69,817
Other creditors 14,615 72,760
Grants 608 715
Directors' current accounts - 76,871
202,679 345,833

A B CRUSH (PANELCRAFT) LIMITED (REGISTERED NUMBER: 02611733)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Grants 3,446 4,054

Grants have been received towards the cost of certain asset purchases and are released over the remaining estimated useful lifetime of the asset.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 28,510 32,473

Deferred
tax
£   
Balance at 1 November 2023 32,473
Movement in year (3,963 )
Balance at 31 October 2024 28,510

The above provision relates to accelerated capital allowances on fixed assets.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. RELATED PARTY DISCLOSURES

During the year the directors withdrew £130,002 from the company. At the year end the directors owed the company £53,131, this amount was repaid in June 2025.