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Registered number: 11821721
Crucible Properties Ltd
Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11821721
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 499,484 500,375
499,484 500,375
CURRENT ASSETS
Debtors 5 905 368
Cash at bank and in hand 1,371 768
2,276 1,136
Creditors: Amounts Falling Due Within One Year 6 (66,005 ) (66,136 )
NET CURRENT ASSETS (LIABILITIES) (63,729 ) (65,000 )
TOTAL ASSETS LESS CURRENT LIABILITIES 435,755 435,375
Creditors: Amounts Falling Due After More Than One Year 7 (393,328 ) (381,868 )
NET ASSETS 42,427 53,507
CAPITAL AND RESERVES
Called up share capital 8 1 1
Revaluation reserve 9 59,500 59,500
Profit and Loss Account (17,074 ) (5,994 )
SHAREHOLDERS' FUNDS 42,427 53,507
Page 1
Page 2
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Andrew Sakr
Director
24 November 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Crucible Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11821721 . The registered office is Progress House, 206 White Lane, Sheffield, South Yorkshire, S12 3GL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Not depreciated
Fixtures & Fittings 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 29 February 2024 496,690 6,156 502,846
Additions - 285 285
Disposals - (325 ) (325 )
As at 28 February 2025 496,690 6,116 502,806
Depreciation
As at 29 February 2024 - 2,471 2,471
Provided during the period - 932 932
Disposals - (81 ) (81 )
As at 28 February 2025 - 3,322 3,322
...CONTINUED
Page 3
Page 4
Net Book Value
As at 28 February 2025 496,690 2,794 499,484
As at 29 February 2024 496,690 3,685 500,375
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 905 368
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 2,500 2,500
PAYE 1,595 632
Accruals 1,205 766
Director's loan account 60,705 62,238
66,005 66,136
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Loans 364,958 367,483
Other creditors - Cavendish Peaks Ltd 25,316 14,385
Other creditors - CM & R Ltd 3,054 -
393,328 381,868
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
9. Reserves
Revaluation Reserve
£
As at 29 February 2024 59,500
As at 28 February 2025 59,500
Page 4