| Ceramic Restoration Studios Ltd |
| Registered Number:05035803 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Ceramic Restoration Studios Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Ceramic Restoration Studios Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
361
626
2
361
626
500
250
3
| Trade and other receivables |
12,350
14,076
4
3,796
| Cash and cash equivalents |
13
14,339
16,646
| Trade and other payables: amounts falling due within one year |
(13,751)
(19,055)
5
2,895
(4,716)
Net current liabilities
| Total assets less current liabilities |
(4,355)
3,521
| Trade and other payables: amounts falling due after more than |
| one year |
(3,299)
(660)
6
(110)
(160)
| Provisions for liabilities |
(5,125)
Net assets/liabilities
62
3
3
(5,128)
59
(5,125)
62
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| 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 proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
1 of 5
For the year ended 31 March 2025
Ceramic Restoration Studios Ltd
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 02 December 2025 and were signed by: |
| The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2025
Ceramic Restoration Studios Ltd
Notes to the Financial Statements
Statutory Information
| Ceramic Restoration Studios Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 05035803. |
| Principal place of business: |
3 John Street
Biddulph
Stoke on Trent
Staffordshire
ST8 6BB
Suite 1, Old Stables Court
6a Queen Street
Newcastle under Lyme
Staffordshire
ST5 1ED
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
| Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. |
| The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
| assets. |
Revenue recognition
| Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
3 of 5
For the year ended 31 March 2025
Ceramic Restoration Studios Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
10,552
1,637
6,856
2,059
-
(5,735)
-
(5,735)
2,059
1,121
1,637
4,817
| Provision for depreciation and impairment |
9,926
1,436
6,527
1,963
Charge for year
101
68
33
-
(5,571)
-
(5,571)
-
4,456
1,504
989
1,963
96
132
133
361
96
329
201
626
2024
2025
250
500
| 4. Trade and other receivables |
2024
2025
205
1,735
13,871
10,615
12,350
14,076
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
2,639
2,639
579
401
| Taxation and social security |
-
1,695
15,837
9,016
19,055
13,751
4 of 5
For the year ended 31 March 2025
Ceramic Restoration Studios Ltd
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
660
3,299
| 7. Directors advances and guarantees |
Loaned
Repaid
Mr Alan Finney
Directors Loan Accoun
4,792
4,173
4,792
4,173
4,792
4,173
4,792
4,173
Mrs Gillian Finney
Directors Loan Account
4,792
4,173
4,792
4,173
4,792
4,173
4,792
4,173
| 8. Average number of persons employed |
During the year the average number of employees was 3 (2024 : 3)
5 of 5