REGISTERED NUMBER: 03749196 (England and Wales)

CRESS WATER LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Dr R C L Hudson

SECRETARY:

Miss P St Clair

REGISTERED OFFICE:

18 Forcefield Road

Cullompton

Devon

EX15 1QB

REGISTERED NUMBER:

03749196 (England and Wales)

ACCOUNTANTS:

Gardiner Fosh

Chartered Accountants

31 St John's

Worcester

Worcestershire

WR2 5AG

BANKERS:

NatWest plc

31 Rother Street

Stratford-Upon-Avon

Warwickshire

CV37 6ZS

FIXED ASSETS

Tangible assets

4

803

936

CURRENT ASSETS

Stocks

889

1,139

Debtors

5

24,040

29,185

Cash at bank

39,645

48,517

64,574

78,841

CREDITORS

Amounts falling due within one year

6

10,270

20,125

NET CURRENT ASSETS

54,304

58,716

TOTAL ASSETS LESS CURRENT LIABILITIES

55,107

59,652

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

54,107

58,652

SHAREHOLDERS' FUNDS

55,107

59,652

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 22 December 2025 and were signed by:

Dr R C L Hudson - Director

1.	STATUTORY INFORMATION

Cress Water 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has been only partially completed at the balance sheet date, turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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 and 10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Stocks

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

5,001

15,320

942

21,263

Additions

-

-

425

425

At 31 March 2025

5,001

15,320

1,367

21,688

DEPRECIATION

At 1 April 2024

4,693

15,320

314

20,327

Charge for year

102

-

456

558

At 31 March 2025

4,795

15,320

770

20,885

NET BOOK VALUE

At 31 March 2025

206

-

597

803

At 31 March 2024

308

-

628

936

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

19,008

22,799

Other debtors

5,032

6,386

24,040

29,185

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

490

15,816

Taxation and social security

7,435

2,233

Other creditors

2,345

2,076

10,270

20,125

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Dr R C L Hudson

Balance outstanding at start of year

1,036

399

Amounts advanced

996

1,037

Amounts repaid

(1,100

)

(400

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

932

1,036