REGISTERED NUMBER: 07907464 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

CRESTHAVEN CONSTRUCTION LIMITED

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

D M Stevens

REGISTERED OFFICE:

28 Pepper Hill

Great Amwell

Ware

Hertfordshire

SG12 9RZ

REGISTERED NUMBER:

07907464 (England and Wales)

ACCOUNTANTS:

Cook & Partners Limited

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

The director presents his report with the financial statements of the company for the year ended 31st January 2025.

DIRECTOR

D M Stevens held office during the whole of the period from 1st February 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

D M Stevens - Director

29th October 2025

FIXED ASSETS

Tangible assets

4

18,004

25,983

CURRENT ASSETS

Stocks

11,500

6,480

Debtors

5

10,613

55,266

Cash at bank

84,247

61,379

106,360

123,125

CREDITORS

Amounts falling due within one year

6

115,111

105,932

NET CURRENT (LIABILITIES)/ASSETS

(8,751

)

17,193

TOTAL ASSETS LESS CURRENT LIABILITIES

9,253

43,176

CREDITORS

Amounts falling due after more than one year

7

4,409

14,806

NET ASSETS

4,844

28,370

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

4,842

28,368

SHAREHOLDERS' FUNDS

4,844

28,370

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 the director and authorised for issue on 29th October 2025 and were signed by:

D M Stevens - Director

1.	STATUTORY INFORMATION

Cresthaven Construction 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

Accounting convention

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.

Going Concern Justification

The director has assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The director has not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31st January 2025 have been prepared using the going concern basis of accounting.

Revenue

Revenue - Described as turnover - is the value of work (net of VAT) performed during the year with respect to services.

Revenue is recognised on the provision of services once completed.

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st February 2024

and 31st January 2025

763

43,800

2,083

46,646

DEPRECIATION

At 1st February 2024

714

18,045

1,904

20,663

Charge for year

13

7,922

44

7,979

At 31st January 2025

727

25,967

1,948

28,642

NET BOOK VALUE

At 31st January 2025

36

17,833

135

18,004

At 31st January 2024

49

25,755

179

25,983

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

8,865

52,393

Other debtors

1,748

1,748

Tax

-

1,125

10,613

55,266

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,397

10,140

Trade creditors

13,022

4,454

Corporation tax

5,775

2,400

Social security and other taxes

8,328

1,686

VAT

4,575

11,829

Other creditors

-

176

Directors' current accounts

73,014

75,247

115,111

105,932

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

4,409

14,806

8.	RELATED PARTY DISCLOSURES

Interest of £12,000 at a rate of 20% pa (2023 £6,000 15% pa) was paid to Mr D Stevens a director of the company during the year on the balance of his directors loan account.