Company Registration No. 08605452 (England and Wales)
Cresco Networks Limited
Unaudited accounts
for the year ended 31 July 2025
Cresco Networks Limited
Unaudited accounts
Contents
Cresco Networks Limited
Company Information
for the year ended 31 July 2025
Directors
Sarah Dove
Amber Webb
Company Number
08605452 (England and Wales)
Registered Office
80 St. Andrews Way
Stanford-le-Hope
Essex
SS17 0FL
England
Accountants
TDC Accountancy Ltd T-As Davies & Co.
Unit 18
Little Malgraves Industrial Estate
Lower Dunton Road
Upminster
Essex
RM14 3TE
Cresco Networks Limited
Statement of financial position
as at 31 July 2025
Cash at bank and in hand
536,809
237,310
Creditors: amounts falling due within one year
(154,718)
(89,640)
Net current assets
382,091
147,670
Net assets
382,518
148,240
Called up share capital
100
100
Profit and loss account
382,418
148,140
Shareholders' funds
382,518
148,240
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by
Sarah Dove
Director
Company Registration No. 08605452
Cresco Networks Limited
Notes to the Accounts
for the year ended 31 July 2025
Cresco Networks Limited is a private company, limited by shares, registered in England and Wales, registration number 08605452. The registered office is 80 St. Andrews Way, Stanford-le-Hope, Essex, SS17 0FL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% R/B
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2024
8,742
6,267
15,009
At 31 July 2025
8,742
6,267
15,009
At 1 August 2024
8,172
6,267
14,439
Charge for the year
143
-
143
At 31 July 2025
8,315
6,267
14,582
Cresco Networks Limited
Notes to the Accounts
for the year ended 31 July 2025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
109,846
60,722
Loans from directors
521
51
6
Average number of employees
During the year the average number of employees was 3 (2024: 3).