N D Crummack Ltd - Accounts

N D Crummack Ltd
Contents Page
For the year ended 31 March 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 07372034 N D Crummack Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	91,227	110,243
		91,227	110,243
Current assets
Stocks		575,600	682,100
Debtors		134,368	130,691
Cash at bank and in hand		(54,409)	(92,504)
		655,559	720,287
Creditors: amount falling due within one year		(76,042)	(85,829)
Net current assets		579,517	634,458

Total assets less current liabilities		670,744	744,701
Creditors: amount falling due after more than one year		(266,273)	(311,345)
Net assets		404,471	433,356

Capital and reserves
Called up share capital		100	100
Profit and loss account		404,371	433,256
Shareholders' funds		404,471	433,356

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 08 December 2025 and were signed on its behalf by:

-------------------------------
Wendy Crummack
Director

1

N D Crummack Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

N D Crummack Ltd is a private company, limited by shares, registered in England and Wales, registration number 07372034, registration address 17a Yorkersgate , Malton, North Yorkshire, YO17 7AA.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	10% Reducing Balance
Plant and Machinery	12.5% Reducing Balance
Motor Vehicles	20% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 3).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Motor Vehicles	Total
	£	£	£	£
At 01 April 2024	90,545	79,525	57,722	227,792
Additions	-	-	-	-
Disposals	-	(21,000)	(20,889)	(41,889)
At 31 March 2025	90,545	58,525	36,833	185,903
Depreciation
At 01 April 2024	1,323	53,828	37,092	92,243
Charge for year	26,629	3,214	3,342	33,185
On disposals	-	(13,785)	(16,967)	(30,752)
At 31 March 2025	27,952	43,257	23,467	94,676
Net book values
Closing balance as at 31 March 2025	62,593	15,268	13,366	91,227
Opening balance as at 01 April 2024	63,916	25,697	20,630	110,243

2

Registered Number: 07372034
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
N D CRUMMACK LTD