REGISTERED NUMBER: 12082802 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Cruse Sales Agency Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A R Cruse

Mrs J Dimopoulos

REGISTERED OFFICE:

5 College Road

Cheltenham

United Kingdom

Gloucestershire

GL53 7HY

REGISTERED NUMBER:

12082802 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Santander

Bootle

Merseyside

L30 4GB

CURRENT ASSETS

Stocks

-

2,350

Debtors

5

-

4,245

Cash at bank

13,120

3,836

13,120

10,431

CREDITORS

Amounts falling due within one year

6

10,526

10,086

NET CURRENT ASSETS

2,594

345

TOTAL ASSETS LESS CURRENT LIABILITIES

2,594

345

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,494

245

SHAREHOLDERS' FUNDS

2,594

345

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 by the Board of Directors and authorised for issue on 28 October 2025 and were signed on its behalf by:

A R Cruse - Director

1.	STATUTORY INFORMATION

Cruse Sales Agency 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.

Tangible fixed assets

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

Computer equipment

-

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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

Cost

At 1 August 2024

4,045

Disposals

(4,045

)

At 31 July 2025

-

Depreciation

At 1 August 2024

4,045

Eliminated on disposal

(4,045

)

At 31 July 2025

-

Net book value

At 31 July 2025

-

At 31 July 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

£

Other debtors

-

4,245

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

£

Trade creditors

-

175

Taxation and social security

9,451

9,035

Other creditors

1,075

876

10,526

10,086

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2025 and 31 July 2024:

31/7/25

31/7/24

£

£

A R Cruse and Mrs J Dimopoulos

Balance outstanding at start of year

4,107

-

Amounts advanced

-

54,800

Amounts repaid

(4,107

)

(50,693

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

4,107