IRIS Accounts Production v25.2.0.378 00650148 Board of Directors 1.1.24 31.12.24 31.12.24 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh006501482023-12-31006501482024-12-31006501482024-01-012024-12-31006501482022-12-31006501482023-01-012023-12-31006501482023-12-3100650148ns15:EnglandWales2024-01-012024-12-3100650148ns14:PoundSterling2024-01-012024-12-3100650148ns10:Director12024-01-012024-12-3100650148ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3100650148ns10:SmallEntities2024-01-012024-12-3100650148ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3100650148ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3100650148ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3100650148ns10:FullAccounts2024-01-012024-12-3100650148ns10:Director22024-01-012024-12-3100650148ns10:CompanySecretary12024-01-012024-12-3100650148ns10:RegisteredOffice2024-01-012024-12-3100650148ns5:CurrentFinancialInstruments2024-12-3100650148ns5:CurrentFinancialInstruments2023-12-3100650148ns5:ShareCapital2024-12-3100650148ns5:ShareCapital2023-12-3100650148ns5:RetainedEarningsAccumulatedLosses2024-12-3100650148ns5:RetainedEarningsAccumulatedLosses2023-12-3100650148ns5:PlantMachinery2023-12-3100650148ns5:PlantMachinery2024-01-012024-12-3100650148ns5:PlantMachinery2024-12-3100650148ns5:PlantMachinery2023-12-3100650148ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3100650148ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 00650148 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CRISP ASSOCIATES LIMITED

CRISP ASSOCIATES LIMITED (REGISTERED NUMBER: 00650148)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CRISP ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: S P Crisp
R V Crisp





SECRETARY: Tayler Bradshaw Limited





REGISTERED OFFICE: Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX





REGISTERED NUMBER: 00650148 (England and Wales)





ACCOUNTANTS: Tayler Bradshaw
Cambridge House
16 High Street
Saffron Walden
Essex
CB10 1AX

CRISP ASSOCIATES LIMITED (REGISTERED NUMBER: 00650148)

BALANCE SHEET
31 DECEMBER 2024

31/12/24 31/12/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,379 9,839
Investment property 5 800,000 800,000
807,379 809,839

CURRENT ASSETS
Debtors 6 1,387 1,988
Cash at bank 156,679 148,266
158,066 150,254
CREDITORS
Amounts falling due within one year 7 49,895 20,083
NET CURRENT ASSETS 108,171 130,171
TOTAL ASSETS LESS CURRENT LIABILITIES 915,550 940,010

PROVISIONS FOR LIABILITIES 1,402 1,869
NET ASSETS 914,148 938,141

CAPITAL AND RESERVES
Called up share capital 2,250 2,250
Retained earnings 911,898 935,891
914,148 938,141

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

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

CRISP ASSOCIATES LIMITED (REGISTERED NUMBER: 00650148)

BALANCE SHEET - continued
31 DECEMBER 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 28 August 2025 and were signed on its behalf by:





S P Crisp - Director


CRISP ASSOCIATES LIMITED (REGISTERED NUMBER: 00650148)

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

1. STATUTORY INFORMATION

Crisp Associates 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.

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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - NIL ) .

CRISP ASSOCIATES LIMITED (REGISTERED NUMBER: 00650148)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 23,999
DEPRECIATION
At 1 January 2024 14,160
Charge for year 2,460
At 31 December 2024 16,620
NET BOOK VALUE
At 31 December 2024 7,379
At 31 December 2023 9,839

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 800,000
NET BOOK VALUE
At 31 December 2024 800,000
At 31 December 2023 800,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2016 477,500
Valuation in 2017 15,000
Valuation in 2018 75,000
Cost 232,500
800,000

If investment property had not been revalued it would have been included at the following historical cost:

31/12/24 31/12/23
£    £   
Cost 232,500 232,500

Investment property was valued on an open market basis on 31 December 2019 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Other debtors 1,387 1,988

CRISP ASSOCIATES LIMITED (REGISTERED NUMBER: 00650148)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade creditors 18,215 4,683
Taxation and social security - 2,038
Other creditors 31,680 13,362
49,895 20,083