REGISTERED NUMBER: 04670484 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CRESDRIVE ENGINEERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A D Tanner

REGISTERED OFFICE:

Unit 7 Kings Road Works

Kings Road

New Haw

Surrey

KT15 3BG

REGISTERED NUMBER:

04670484 (England and Wales)

ACCOUNTANTS:

L E Marshall & Co

Chartered Accountants

Unit B1F

Fairoaks Airport

Chobham

Surrey

GU24 8HU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,564

4,426

3,564

4,426

CURRENT ASSETS

Debtors

6

12,491

16,575

Cash at bank

31,798

30,159

44,289

46,734

CREDITORS

Amounts falling due within one year

7

14,799

19,308

NET CURRENT ASSETS

29,490

27,426

TOTAL ASSETS LESS CURRENT LIABILITIES

33,054

31,852

CREDITORS

Amounts falling due after more than one year

8

1,016

7,546

NET ASSETS

32,038

24,306

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

32,037

24,305

SHAREHOLDERS' FUNDS

32,038

24,306

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

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 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 director and authorised for issue on 2 December 2025 and were signed by:

A D Tanner - Director

1.	STATUTORY INFORMATION

Cresdrive Engineering 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

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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.

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

-

20% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

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 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

10,000

Disposals

(10,000

)

At 31 March 2025

-

AMORTISATION

At 1 April 2024

10,000

Eliminated on disposal

(10,000

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

4,650

1,223

1,695

7,568

Additions

826

-

-

826

At 31 March 2025

5,476

1,223

1,695

8,394

DEPRECIATION

At 1 April 2024

1,860

1,141

141

3,142

Charge for year

1,095

28

565

1,688

At 31 March 2025

2,955

1,169

706

4,830

NET BOOK VALUE

At 31 March 2025

2,521

54

989

3,564

At 31 March 2024

2,790

82

1,554

4,426

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

12,466

16,551

Other debtors

25

24

12,491

16,575

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

81

3,602

Taxation and social security

7,093

7,763

Other creditors

7,625

7,943

14,799

19,308

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

1,016

7,546