REGISTERED NUMBER: 12955592 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

R J Crean Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr R Crean

REGISTERED OFFICE:

36 The Parade

Cwmbran

NP44 1PT

REGISTERED NUMBER:

12955592 (England and Wales)

ACCOUNTANTS:

Golden Valley Accountancy Limited

Unit 4

Westwood Industrial Estate

Pontrilas

Herefordshire

HR2 0EL

FIXED ASSETS

Intangible assets

4

3

3

Tangible assets

5

68,474

90,851

68,477

90,854

CURRENT ASSETS

Debtors

6

119,804

120,813

Cash at bank

115,332

107,952

235,136

228,765

CREDITORS

Amounts falling due within one year

7

79,212

90,609

NET CURRENT ASSETS

155,924

138,156

TOTAL ASSETS LESS CURRENT LIABILITIES

224,401

229,010

CREDITORS

Amounts falling due after more than one year

8

39,745

60,924

NET ASSETS

184,656

168,086

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

184,655

168,085

184,656

168,086

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by Mr. R. Crean the director and authorised for issue on 14 October 2025 and were signed by:

Dr R Crean - Director

1.	STATUTORY INFORMATION

R J Crean Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

3

NET BOOK VALUE

At 31 March 2025

3

At 31 March 2024

3

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

186,793

Additions

4,311

Disposals

(9,157

)

At 31 March 2025

181,947

DEPRECIATION

At 1 April 2024

95,942

Charge for year

22,825

Eliminated on disposal

(5,294

)

At 31 March 2025

113,473

NET BOOK VALUE

At 31 March 2025

68,474

At 31 March 2024

90,851

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

44,806

33,691

Other debtors

29,998

87,122

74,804

120,813

Amounts falling due after more than one year:

Other debtors

45,000

-

Aggregate amounts

119,804

120,813

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

18,800

18,800

Hire purchase contracts

18,074

23,043

Trade creditors

10,015

4,199

Taxation and social security

25,871

38,371

Other creditors

6,452

6,196

79,212

90,609

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

8,918

18,333

Hire purchase contracts

14,427

26,191

Other creditors

16,400

16,400

39,745

60,924