REGISTERED NUMBER: 10308840 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

CRUMB PET LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T D C Jackson

Mr N A E Jackson

SAJ Investments Limited

SECRETARY:

Gibson Whitter Secretaries Limited

REGISTERED OFFICE:

16-18 Barnes Wallis Road

Segensworth

Fareham

Hampshire

PO15 5TT

REGISTERED NUMBER:

10308840 (England and Wales)

ACCOUNTANTS:

Gibson Whitter

Chartered Accountants

and Chartered Tax Advisers

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

FIXED ASSETS

Tangible assets

4

31,193

30,009

Investments

5

71,206

32,757

102,399

62,766

CURRENT ASSETS

Stocks

153,000

-

Debtors

6

1,154,121

50,713

Cash at bank

657,467

156,351

1,964,588

207,064

CREDITORS

Amounts falling due within one year

7

1,100,293

434,903

NET CURRENT ASSETS/(LIABILITIES)

864,295

(227,839

)

TOTAL ASSETS LESS CURRENT LIABILITIES

966,694

(165,073

)

PROVISIONS FOR LIABILITIES

9

667

667

NET ASSETS/(LIABILITIES)

966,027

(165,740

)

CAPITAL AND RESERVES

Called up share capital

10

8

7

Share premium

1,264,598

-

Capital redemption reserve

3

3

Retained earnings

(298,582

)

(165,750

)

SHAREHOLDERS' FUNDS

966,027

(165,740

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

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

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by:

Mr N A E Jackson - Director

1.	STATUTORY INFORMATION

Crumb Pet 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.

Plant and machinery etc

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into US Dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into US Dollars at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Functional currency

The directors have reviewed the functional currency of the company and concluded that it is US Dollars and therefore the financial statements have been prepared in this currency.

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 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

$

COST

At 1 February 2024

40,654

Additions

15,729

At 31 January 2025

56,383

DEPRECIATION

At 1 February 2024

10,645

Charge for year

14,545

At 31 January 2025

25,190

NET BOOK VALUE

At 31 January 2025

31,193

At 31 January 2024

30,009

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.1.25

31.1.24

$

$

Other investments

71,206

32,757

Investments relate to Cryptocurrency holdings.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

$

$

Other debtors

1,154,121

50,713

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

$

$

Trade creditors

27,645

20,002

Taxation and social security

200,368

92,414

Other creditors

872,280

322,487

1,100,293

434,903

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.1.25

31.1.24

$

$

Within one year

21,520

17,247

Between one and five years

10,125

-

31,645

17,247

9.	PROVISIONS FOR LIABILITIES

31.1.25

31.1.24

$

$

Deferred tax

667

667

Deferred

tax

$

Balance at 1 February 2024

667

Balance at 31 January 2025

667

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.01.25

value:

$

Issue of shares

33244

Ordinary class A share capital

£0.0001

3.32

Issue of shares

33244

Ordinary class B share capital

£0.0001

3.32

Issue of shares

1512

Ordinary class C share capital

£0.0001

0.16

Issue of shares

7556

Preference shares

£0.0001

0.96

At 31 January 2025

7.76

68,000 Ordinary shares were issued on 22 February 2024, with a nominal value of £0.0001.

On the same date 7,556 preference shares were allotted, with a nominal value of £0.0001 and a share premium of £132.34 per share.

11.	RELATED PARTY DISCLOSURES

The aggregate amount owed by connected companies at the balance sheet date was $867,911 (31.1.24: $253,423).

The aggregate amount owed by the directors to the company at the balance sheet date was $21,016 (31.1.24: $20,289).

12.	ULTIMATE CONTROLLING PARTY

The company is not under the control of any one individual.