REGISTERED NUMBER: 08082048 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2024 TO 30 JUNE 2025

FOR

CRUSHERS INC LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

G SHIPLEY

Mrs A C SHIPLEY

SECRETARY:

Mrs A C SHIPLEY

REGISTERED OFFICE:

57 Gloucester Crescent

Wigston

Leicester

LE18 4YF

REGISTERED NUMBER:

08082048 (England and Wales)

ACCOUNTANTS:

Kwik Accounting & Taxation Services Limited

15 Mercia Drive

Oadby

Leicester

Leicestershire

LE2 5GB

FIXED ASSETS

Intangible assets

4

2,816

3,312

Tangible assets

5

65,687

68,976

68,503

72,288

CURRENT ASSETS

Stocks

6

81,318

128,690

Debtors

7

45,078

114,541

Cash at bank and in hand

70,959

87,816

197,355

331,047

CREDITORS

Amounts falling due within one year

8

79,744

207,881

NET CURRENT ASSETS

117,611

123,166

TOTAL ASSETS LESS CURRENT LIABILITIES

186,114

195,454

CREDITORS

Amounts falling due after more than one year

9

36,462

33,151

NET ASSETS

149,652

162,303

CAPITAL AND RESERVES

Called up share capital

10

500

500

Retained earnings

11

149,152

161,803

SHAREHOLDERS' FUNDS

149,652

162,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2025 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2025 and were signed on its behalf by:

G SHIPLEY - Director

1.	STATUTORY INFORMATION

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

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

TANGIBLE FIXED ASSETS

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

20% on reducing balance

STOCKS

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

TAXATION

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - 2 ).

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 June 2024

and 30 June 2025

9,910

AMORTISATION

At 1 June 2024

6,598

Amortisation for period

496

At 30 June 2025

7,094

NET BOOK VALUE

At 30 June 2025

2,816

At 31 May 2024

3,312

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2024

12,734

13,492

53,480

10,370

90,076

Additions

2,088

436

54,000

1,445

57,969

Disposals

(4,829

)

(3,621

)

(53,480

)

(1,453

)

(63,383

)

At 30 June 2025

9,993

10,307

54,000

10,362

84,662

DEPRECIATION

At 1 June 2024

4,806

3,486

8,366

4,442

21,100

Charge for period

1,998

1,519

10,800

1,474

15,791

Eliminated on disposal

(4,800

)

(3,300

)

(8,366

)

(1,450

)

(17,916

)

At 30 June 2025

2,004

1,705

10,800

4,466

18,975

NET BOOK VALUE

At 30 June 2025

7,989

8,602

43,200

5,896

65,687

At 31 May 2024

7,928

10,006

45,114

5,928

68,976

6.

STOCKS

30.6.25

31.5.24

£

£

Stocks & WIP

81,318

128,690

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.5.24

£

£

Trade debtors

38,861

100,259

Other debtors

6,217

14,282

45,078

114,541

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

31.5.24

£

£

Bank loans and overdrafts

15,117

33,587

Hire purchase contracts

6,030

5,120

Trade creditors

53,120

142,178

Taxation and social security

1,030

19,395

Other creditors

4,447

7,601

79,744

207,881

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

31.5.24

£

£

Hire purchase contracts

36,462

33,151

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

31.5.24

value:

£

£

500

Ordinary

1.00

500

500

11.

RESERVES

Retained

earnings

£

At 1 June 2024

161,803

Profit for the period

2,349

Dividends

(15,000

)

At 30 June 2025

149,152