REGISTERED NUMBER: 02481747 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CRUX PRODUCTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs V J Bland

W R F Tippen

SECRETARY:

W R F Tippen

REGISTERED OFFICE:

Paddock Wood

Carlton Road

South Park

South Godstone

Surrey

RH9 8LE

REGISTERED NUMBER:

02481747 (England and Wales)

ACCOUNTANTS:

Farndon Accountancy

Warren Place

Birch Vale

Cobham

Surrey

KT11 2PX

FIXED ASSETS

Tangible assets

4

251,001

251,001

Investment property

5

600,000

600,000

851,001

851,001

CURRENT ASSETS

Debtors

6

27

21

Cash at bank

34,348

58,609

34,375

58,630

CREDITORS

Amounts falling due within one year

7

30,921

28,953

NET CURRENT ASSETS

3,454

29,677

TOTAL ASSETS LESS CURRENT LIABILITIES

854,455

880,678

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

9,650

9,650

Revaluation reserve

8

(150,000

)

(150,000

)

Retained earnings

993,805

1,020,028

SHAREHOLDERS' FUNDS

854,455

880,678

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 23 September 2025 and were signed on its behalf by:

Mrs V J Bland - Director

1.	STATUTORY INFORMATION

Crux Products 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 as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment property is shown at valuation by the directors.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Long

leasehold

£

COST

At 1 January 2024

and 31 December 2024

251,001

NET BOOK VALUE

At 31 December 2024

251,001

At 31 December 2023

251,001

5.	INVESTMENT PROPERTY

The company owns land acquired for development in Spain during 2007 at a cost of £217,916. At the reporting date a further £668,402 (2023 - £668,402) had been spent on the development. The development has been completed and the property is being marketed. However, due to the weakness of the market the Company does not now expected to recoup the total cost of the project. .

Fair value at 31 December 2024 is represented by:

£

Valuation in 2018

750,000

Valuation in 2022

(150,000

)

600,000

If the investment property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

886,318

886,318

The property was valued on an open market basis basis on 28 September 2023 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

27

21

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

17,365

27,442

Trade creditors

1

1

Other creditors

13,555

1,510

30,921

28,953

8.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

(150,000

)