Company registration number: 13864533
Unaudited financial statements
for the year ended 31 March 2025
for
Crest Electrical Ltd
Pages for filing with the Registrar
Company registration number: 13864533
Crest Electrical Ltd
Balance sheet
as at 31 March 2025
31 Mar 25 31 Mar 24
Note £ £ £ £
Fixed assets
Intangible assets 4 1,065 1,598
Tangible assets 5 5,023 6,237
6,088 7,835
Current assets
Debtors 17,714 30,838
Cash at bank and in hand 10,585 3,562
28,299 34,400
Creditors: amounts falling due within one
year 		(61,721) (62,605)
Net current liabilities (33,422) (28,205)
Total assets less current liabilities (27,334) (20,370)
NET LIABILITIES (27,334) (20,370)
Capital and reserves
Called up share capital 100 100
Profit and loss account (27,434) (20,470)
TOTAL EQUITY (27,334) (20,370)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 13864533
Crest Electrical Ltd
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr G Dinneen, Director
8 December 2025
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Crest Electrical Ltd
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Crest Electrical Ltd is a private company registered in England and Wales. Its registered number is 13864533. The company is limited by shares. Its registered office is 107 Codicote Road, Welwyn, Hertfordshire, AL6 9TY.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Intangible - 20% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant & Machinery - 25% reducing balance
Motor Vehicle - 25% reducing balance
IT Equipment - 25% reducing balance
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Crest Electrical Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 4 (2024 - 4).
4 Intangible assets
Intangible
£
Cost
At 1 April 2024 2,663
At 31 March 2025 2,663
Amortisation
At 1 April 2024 1,065
Charge for year 533
At 31 March 2025 1,598
Net book value
At 31 March 2025 1,065
At 31 March 2024 1,598
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 11,090
Additions 460
At 31 March 2025 11,550
Depreciation
At 1 April 2024 4,853
Charge for year 1,674
At 31 March 2025 6,527
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Crest Electrical Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
5 Tangible fixed assets - continued
Net book value
At 31 March 2025 5,023
At 31 March 2024 6,237
If Plant & Machinery had not been revalued, it would have been included at the following historical cost:
31 Mar 25 31 Mar 24
£ £
Cost 11,550 11,090
Accumulated depreciation 6,527 4,853
6 Related party transactions
As at 31 March 2025 the company owed its Director £713 (2024: £3,366).
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