REGISTERED NUMBER: 00513373 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 26 DECEMBER 2024

FOR

P A CROWE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs D L Whitfield

M A Whitfield

SECRETARY:

Mrs D L Whitfield

REGISTERED OFFICE:

Essex House

8 The Shrubberies

George Lane

South Woodford

London

E18 1BD

REGISTERED NUMBER:

00513373 (England and Wales)

BANKERS:

National Westminster Bank plc

City of London Office

1 Princes Street

London

EC2R 8BP

FIXED ASSETS

Tangible assets

4

13,128

14,587

CURRENT ASSETS

Stocks

242,560

269,475

Debtors

5

2,500

2,500

Cash at bank and in hand

14,360

11,099

259,420

283,074

CREDITORS

Amounts falling due within one year

6

263,589

278,948

NET CURRENT (LIABILITIES)/ASSETS

(4,169

)

4,126

TOTAL ASSETS LESS CURRENT LIABILITIES

8,959

18,713

CREDITORS

Amounts falling due after more than one year

7

7,500

17,500

NET ASSETS

1,459

1,213

CAPITAL AND RESERVES

Called up share capital

1,200

1,200

Retained earnings

259

13

SHAREHOLDERS' FUNDS

1,459

1,213

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 26 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 26 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.

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 18 September 2025 and were signed on its behalf by:

M A Whitfield - Director

1.	STATUTORY INFORMATION

P A Crowe 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.

Short leasehold

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

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 stocks 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 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.

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 year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 27 December 2023

and 26 December 2024

12,276

15,800

28,076

DEPRECIATION

At 27 December 2023

5,752

7,737

13,489

Charge for year

652

807

1,459

At 26 December 2024

6,404

8,544

14,948

NET BOOK VALUE

At 26 December 2024

5,872

7,256

13,128

At 26 December 2023

6,524

8,063

14,587

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

2,500

2,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

123,408

132,113

Tax

51

-

Social security and other taxes

26,748

30,678

Other creditors

23,069

21,894

Directors' current accounts

80,313

84,263

263,589

278,948

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

7,500

10,000

Bank loans - 2-5 years

-

7,500

7,500

17,500

8.	RELATED PARTY DISCLOSURES