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REGISTERED NUMBER: 09316473 (England and Wales)







Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Creswicke Developments Limited

Creswicke Developments Limited (Registered number: 09316473)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Creswicke Developments Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: J B Bailey
Mrs J B Bailey





REGISTERED OFFICE: Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST





REGISTERED NUMBER: 09316473 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Creswicke Developments Limited (Registered number: 09316473)

Statement of Financial Position
30 November 2024

30.11.24 30.11.23
Notes £    £   
CURRENT ASSETS
Inventories 5 316,606 286,081
Debtors 6 5,435 29,143
Cash at bank 1,502 1,961
323,543 317,185
CREDITORS
Amounts falling due within one year 7 43,479 22,358
NET CURRENT ASSETS 280,064 294,827
TOTAL ASSETS LESS CURRENT
LIABILITIES

280,064

294,827

CREDITORS
Amounts falling due after more than one
year

8

15,095

23,688
NET ASSETS 264,969 271,139

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 264,869 271,039
SHAREHOLDERS' FUNDS 264,969 271,139

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Creswicke Developments Limited (Registered number: 09316473)

Statement of Financial Position - continued
30 November 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 31 August 2025 and were signed on its behalf by:





J B Bailey - Director


Creswicke Developments Limited (Registered number: 09316473)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Creswicke Developments 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.

Turnover
Turnover represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories 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 statement of financial position date.


Creswicke Developments Limited (Registered number: 09316473)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 December 2023
and 30 November 2024 6,926
DEPRECIATION
At 1 December 2023
and 30 November 2024 6,926
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 -

5. INVENTORIES
30.11.24 30.11.23
£    £   
Work-in-progress 316,606 286,081

Creswicke Developments Limited (Registered number: 09316473)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
VAT 5,435 29,143

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 8,333 8,333
Tax 13,208 12,503
Social security and other taxes 3,746 -
Directors' current accounts 16,807 136
Accrued expenses 1,385 1,386
43,479 22,358

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans - 2-5 years 15,095 23,688

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 December 2023 271,039
Deficit for the year (6,170 )
At 30 November 2024 264,869

Creswicke Developments Limited (Registered number: 09316473)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Mr & Mrs J B Bailey
Directors

During the year the company entered into the following transactions with the directors:

20242023

Dividends-60,000

Use of residence as office1,0401,040

Capital introduced16,671-

Capital withdrawn-59,341

At the year end the amount due to the directors from the company was £16,807 (2023 - £136).