REGISTERED NUMBER: 11715789 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

THE CRAFTY COUPLE LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

S L Hough

J D Hough

Registered office:

Unit 2, Tyler Close

Normanton Tyler Close

Normanton Industrial Estate

Normanton

WF6 1RL

Registered number:

11715789 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

45,835

37,432

Current assets

Stocks

39,940

-

Debtors

5

133,737

63,385

Cash at bank

37,632

17,201

211,309

80,586

Creditors

Amounts falling due within one year

6

179,963

47,769

Net current assets

31,346

32,817

Total assets less current liabilities

77,181

70,249

Creditors

Amounts falling due after more than one year

7

1,180

28,931

Net assets

76,001

41,318

Capital and reserves

Called up share capital

8

200

2

Retained earnings

75,801

41,316

Shareholders' funds

76,001

41,318

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 directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

J D Hough - Director

1.	Statutory information

The Crafty Couple 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to leasehold

-

10% on cost

Plant and machinery

-

25% on cost

Fixtures, furniture & equip ment

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 statement of financial position date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 4 (2024 - 5 ) .

4.	Tangible fixed assets

Improvements

Fixtures,

to

Plant and

furniture &

Computer

leasehold

machinery

equip ment

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

-

83,074

-

1,841

84,915

Additions

8,296

-

26,216

291

34,803

Disposals

-

(14,600

)

-

-

(14,600

)

Reclassification/transfer

-

(9,405

)

9,405

-

-

At 31 March 2025

8,296

59,069

35,621

2,132

105,118

Depreciation

At 1 April 2024

-

46,526

-

957

47,483

Charge for year

830

14,768

5,346

694

21,638

Eliminated on disposal

-

(9,838

)

-

-

(9,838

)

Reclassification/transfer

-

(5,737

)

5,737

-

-

At 31 March 2025

830

45,719

11,083

1,651

59,283

Net book value

At 31 March 2025

7,466

13,350

24,538

481

45,835

At 31 March 2024

-

36,548

-

884

37,432

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

64,446

46,115

Other debtors

69,291

17,270

133,737

63,385

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

5,918

5,918

Trade creditors

44,770

24,752

Taxation and social security

26,060

16,598

Other creditors

103,215

501

179,963

47,769

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

1,180

7,098

Hire purchase contracts

-

21,833

1,180

28,931

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary

£1

200

2

198 Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.

9.	Related party disclosures

As at the year-end date, the Directors of the company were owed £94,185 (2024: £124).