REGISTERED NUMBER: 04478536 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

CRIBS CLOTHING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D J Williams

Mrs S A Williams

SECRETARY:

Mrs S A Williams

REGISTERED OFFICE:

3 Broad Street

Builth Wells

Powys

LD2 3DT

REGISTERED NUMBER:

04478536 (England and Wales)

ACCOUNTANT:

N E Sears ATT

NESTAX Limited

9 Church Street

Builth Wells

Powys

LD2 3AP

FIXED ASSETS

Tangible assets

4

14,658

16,145

CURRENT ASSETS

Stocks

46,521

50,415

Debtors

5

2,501

5,099

Cash at bank

211

206

49,233

55,720

CREDITORS

Amounts falling due within one year

6

31,222

34,118

NET CURRENT ASSETS

18,011

21,602

TOTAL ASSETS LESS CURRENT LIABILITIES

32,669

37,747

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

32,667

37,745

SHAREHOLDERS' FUNDS

32,669

37,747

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 September 2025 and were signed on its behalf by:

Mrs S A Williams - Director

1.	STATUTORY INFORMATION

Cribs Clothing 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.

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

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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 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 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

1,753

120,685

4,750

5,900

133,088

Additions

450

-

-

416

866

At 31 March 2025

2,203

120,685

4,750

6,316

133,954

DEPRECIATION

At 1 April 2024

1,265

108,375

2,078

5,225

116,943

Charge for year

94

1,231

668

360

2,353

At 31 March 2025

1,359

109,606

2,746

5,585

119,296

NET BOOK VALUE

At 31 March 2025

844

11,079

2,004

731

14,658

At 31 March 2024

488

12,310

2,672

675

16,145

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,501

5,099

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

3,144

94

Trade creditors

4,279

4,164

Taxation and social security

1,333

4,634

Other creditors

22,466

25,226

31,222

34,118