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Company Registration No. 10639465 (England and Wales)
Cresco Globe Ltd Unaudited accounts for the year ended 28 February 2025
Cresco Globe Ltd Unaudited accounts Contents
Page
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Cresco Globe Ltd Company Information for the year ended 28 February 2025
Director
Simon Pullen
Company Number
10639465 (England and Wales)
Registered Office
29 Great George Street Bristol BS1 5QT
Accountants
Debbie Stevens BSc (Hons), MAAT 8 Osbourne Terrace London Rd Thrupp Stroud, Glos GL5 2BJ
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Cresco Globe Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,285 
1,932 
Current assets
Debtors
27,307 
17,363 
Cash at bank and in hand
563,978 
615,283 
591,285 
632,646 
Creditors: amounts falling due within one year
(70,197)
(113,012)
Net current assets
521,088 
519,634 
Net assets
523,373 
521,566 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
523,372 
521,565 
Shareholders' funds
523,373 
521,566 
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 July 2025 and were signed on its behalf by
Simon Pullen Director Company Registration No. 10639465
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Cresco Globe Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Cresco Globe Ltd is a private company, limited by shares, registered in England and Wales, registration number 10639465. The registered office is 29 Great George Street, Bristol, BS1 5QT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2024
5,380 
Additions
1,680 
Disposals
(1,652)
At 28 February 2025
5,408 
Depreciation
At 1 March 2024
3,448 
Charge for the year
571 
On disposals
(896)
At 28 February 2025
3,123 
Net book value
At 28 February 2025
2,285 
At 29 February 2024
1,932 
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Cresco Globe Ltd Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,254 
17,310 
Other debtors
53 
53 
27,307 
17,363 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
13,017 
23,155 
VAT
10,299 
14,331 
Trade creditors
2,580 
- 
Taxes and social security
39,540 
71,564 
Other creditors
935 
- 
Loans from directors
2,620 
3,136 
Accruals
1,206 
826 
70,197 
113,012 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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