REGISTERED NUMBER: 03671303 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Crimsol Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K G Forde

V Forde

REGISTERED OFFICE:

33 Windmill Gardens

Enfield

EN2 7DZ

REGISTERED NUMBER:

03671303 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,969

1,250

Investment property

5

1,116,775

1,114,788

1,118,744

1,116,038

CURRENT ASSETS

Debtors

919

1,075

Cash at bank

150,913

93,861

151,832

94,936

CREDITORS

Amounts falling due within one year

37,560

24,953

NET CURRENT ASSETS

114,272

69,983

TOTAL ASSETS LESS CURRENT LIABILITIES

1,233,016

1,186,021

PROVISIONS FOR LIABILITIES

97,061

97,061

NET ASSETS

1,135,955

1,088,960

CAPITAL AND RESERVES

Called up share capital

1

1

Capital redemption reserve

6

1

1

Fair value reserve

6

396,674

396,674

Retained earnings

6

739,279

692,284

SHAREHOLDERS' FUNDS

1,135,955

1,088,960

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by:

K G Forde - Director

1.	STATUTORY INFORMATION

Crimsol 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.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

2,940

Additions

1,375

At 31 March 2025

4,315

DEPRECIATION

At 1 April 2024

1,690

Charge for year

656

At 31 March 2025

2,346

NET BOOK VALUE

At 31 March 2025

1,969

At 31 March 2024

1,250

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,114,788

Additions

1,987

At 31 March 2025

1,116,775

NET BOOK VALUE

At 31 March 2025

1,116,775

At 31 March 2024

1,114,788

Fair value at 31 March 2025 is represented by:

£

Valuation in 2015

305,173

Valuation in 2016

10,000

Valuation in 2017

10,000

Valuation in 2020

168,562

Cost

623,040

1,116,775

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

31.3.25

31.3.24

£

£

Cost

623,040

621,053

Investment properties were valued on an open market basis on 31 March 2025 by the director .

6.

RESERVES

Capital

Fair

Retained

redemption

value

earnings

reserve

reserve

Totals

£

£

£

£

At 1 April 2024

692,284

1

396,674

1,088,959

Profit for the year

47,495

47,495

Dividends

(500

)

(500

)

At 31 March 2025

739,279

1

396,674

1,135,954