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Registration number: 01631936

Austins Cradles (Eastbourne) Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2025

Austins Cradles (Eastbourne) Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Austins Cradles (Eastbourne) Limited

Company Information

Directors | G R M Austin DMC Austin

Registered office | Hammonds Drive Industrial Estate Eastbourne East Sussex BN23 6PW

Accountants | Chisnall Comer Ismail & Co Chartered Accountants Maria House 35 Millers Road Brighton BN1 5NP

Austins Cradles (Eastbourne) Limited

(Registration number: 01631936)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 105,672 | 75,860
Current assets |  |  |
Debtors | 5 | 209,866 | 249,978
Cash at bank and in hand |  | 468,678 | 482,799
|  | 678,544 | 732,777
Creditors: Amounts falling due within one year | 6 | (363,368) | (433,632)
Net current assets |  | 315,176 | 299,145
Total assets less current liabilities |  | 420,848 | 375,005
Provisions for liabilities |  | (19,347) | (11,305)
Net assets |  | 401,501 | 363,700
Capital and reserves |  |  |
Called up share capital | 10 | 100 | 100
Retained earnings |  | 401,401 | 363,600
Shareholders' funds |  | 401,501 | 363,700

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Austins Cradles (Eastbourne) Limited

(Registration number: 01631936)
Balance Sheet as at 31 March 2025

Approved and authorised by the Board on 15 September 2025 and signed on its behalf by:

.........................................

DMC Austin

Director

Austins Cradles (Eastbourne) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Hammonds Drive Industrial Estate
Eastbourne
East Sussex
BN23 6PW

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Austins Cradles (Eastbourne) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 10% Reducing balance
Furniture and fittings | 10% Reducing balance
Vehicles | 25% Reducing balance

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Austins Cradles (Eastbourne) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 30 (2024 - 27).

Austins Cradles (Eastbourne) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 April 2024 | 30,699 | 158,526 | 48,638 | 237,863
Additions | 1,249 | 57,250 | - | 58,499
At 31 March 2025 | 31,948 | 215,776 | 48,638 | 296,362
Depreciation
At 1 April 2024 | 25,149 | 89,025 | 47,829 | 162,003
Charge for the year | 1,997 | 26,609 | 81 | 28,687
At 31 March 2025 | 27,146 | 115,634 | 47,910 | 190,690
Carrying amount
At 31 March 2025 | 4,802 | 100,142 | 728 | 105,672
At 31 March 2024 | 5,550 | 69,501 | 809 | 75,860

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 180,295 | 226,240
Prepayments | 29,571 | 23,738
| 209,866 | 249,978

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | - | 931
Trade creditors |  | 15,740 | 12,260
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 9 | 169,403 | 289,790
Taxation and social security |  | 142,657 | 94,817
Accruals and deferred income |  | 7,200 | 7,100
Other creditors |  | 28,368 | 28,734
|  | 363,368 | 433,632

Austins Cradles (Eastbourne) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank overdrafts | - | 931

8 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Interim dividend of £3,500.00 (2024 - £3,500.00) per ordinary share |  | 350,000 |  | 350,000

9 | Related party transactions

Loans from related parties

2025 | Parent £ | Total £
At start of period | 289,790 | 289,790
Repaid | (120,387) | (120,387)
At end of period | 169,403 | 169,403

2024 | Parent £ | Total £
At start of period | 191,384 | 191,384
Advanced | 98,406 | 98,406
At end of period | 289,790 | 289,790

10 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 100 | 100 | 100 | 100