1 May 2024 v2025.44.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP011650482024-05-012025-04-30011650482025-04-30011650482024-04-3001165048core:WithinOneYear2025-04-3001165048core:WithinOneYear2024-04-3001165048core:ShareCapital2025-04-3001165048core:ShareCapital2024-04-3001165048core:RetainedEarningsAccumulatedLosses2025-04-3001165048core:RetainedEarningsAccumulatedLosses2024-04-3001165048bus:Director12024-05-012025-04-3001165048bus:Director22024-05-012025-04-3001165048bus:Director32024-05-012025-04-3001165048bus:Director42024-05-012025-04-3001165048bus:RegisteredOffice2024-05-012025-04-3001165048core:LandBuildings2024-05-012025-04-3001165048core:PlantMachinery2024-05-012025-04-3001165048core:MotorVehicles2024-05-012025-04-30011650482023-05-012024-04-3001165048core:LandBuildings2024-05-0101165048core:PlantMachinery2024-05-01011650482024-05-0101165048core:LandBuildings2025-04-3001165048core:PlantMachinery2025-04-3001165048core:LandBuildings2024-04-3001165048core:PlantMachinery2024-04-300116504812024-05-012025-04-3001165048countries:EnglandWales2024-05-012025-04-3001165048bus:AuditExemptWithAccountantsReport2024-05-012025-04-3001165048bus:PrivateLimitedCompanyLtd2024-05-012025-04-3001165048bus:SmallEntities2024-05-012025-04-3001165048bus:FullAccounts2024-05-012025-04-30
Company registration number:
01165048
Sam Cryer Limited
Unaudited Filleted Financial Statements for the year ended
30 April 2025
The Barker Partnership
Chartered Accountants
44 Kirkgate, Ripon, North Yorkshire, HG4 1PB, United Kingdom
Sam Cryer Limited
Statement of Financial Position
30 April 2025
20252024
Note££
Fixed assets    
Tangible assets 5
244,080
 
228,279
 
Current assets    
Stocks
348,267
 
348,263
 
Debtors 6
70,867
 
71,188
 
Cash at bank and in hand
465,014
 
346,805
 
884,148
 
766,256
 
Creditors: amounts falling due within one year 7
(58,397
)
(15,166
)
Net current assets
825,751
 
751,090
 
Total assets less current liabilities 1,069,831   979,369  
Provisions for liabilities
(53,644
)
(41,687
)
Net assets
1,016,187
 
937,682
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
1,016,087
 
937,582
 
Shareholders funds
1,016,187
 
937,682
 
For the year ending
30 April 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
16 July 2025
, and are signed on behalf of the board by:
S Cryer
M Cryer
M Cryer
DirectorDirectorDirector
J Fulford
Director
Company registration number:
01165048
Sam Cryer Limited
Notes to the Financial Statements
Year ended
30 April 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Roundwood
,
Bishop Thornton
,
Harrogate
,
North Yorkshire
,
HG3 3JN
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis. The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
10% reducing balance
Plant and machinery
15% reducing balance or 10% straight line
Motor vehicles
25% reducing balance or 10% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

Operating leases

A lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership. Lease receipts and payments are recognised in the profit and loss accounts over the lease term on a straight-line basis.

4 Average number of employees

The average number of persons employed by the company during the year was
8
(2024:
8.00
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 May 2024
217,045
 
666,514
 
883,559
 
Additions -  
62,689
 
62,689
 
Disposals -  
(39,420
)
(39,420
)
At
30 April 2025
217,045
 
689,783
 
906,828
 
Depreciation      
At
1 May 2024
208,173
 
447,107
 
655,280
 
Charge
886
 
43,707
 
44,593
 
Disposals -  
(37,125
)
(37,125
)
At
30 April 2025
209,059
 
453,689
 
662,748
 
Carrying amount      
At
30 April 2025
7,986
 
236,094
 
244,080
 
At 30 April 2024
8,872
 
219,407
 
228,279
 

6 Debtors

20252024
££
Trade debtors
67,206
 
65,122
 
Other debtors
3,661
 
6,066
 
70,867
 
71,188
 

7 Creditors: amounts falling due within one year

20252024
££
Trade creditors
23,011
 
860
 
Taxation and social security
24,565
 
3,972
 
Other creditors
10,821
 
10,334
 
58,397
 
15,166