Crudo Cevicheria Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11713962

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		174,174		206,417

			174,174		206,417
CURRENT ASSETS
Stocks	5	8,428		7,456
Debtors	6	77,349		98,905
Cash at bank and in hand		6,859		19,370

		92,636		125,731
Creditors: Amounts Falling Due Within One Year	7	(319,430 )		(134,294 )

NET CURRENT ASSETS (LIABILITIES)			(226,794 )		(8,563 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(52,620 )		197,854

Creditors: Amounts Falling Due After More Than One Year	8		(970,000 )		(962,000 )

NET LIABILITIES			(1,022,620 )		(764,146 )

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			(1,022,622 )		(764,148 )

SHAREHOLDERS' FUNDS			(1,022,620)		(764,146)

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Crudo Cevicheria Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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

Carlos Rene Socorro Romero Director	Maria Laura Yanez Director
30/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Crudo Cevicheria Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11713962 . The registered office is 143 Mare Street, Unit 3, London, E8 3RH.

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:

Leasehold	10% Straight line
Fixtures & Fittings	20% Straight line
Computer Equipment	33% Straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 22 (2023: 19)

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	194,674	66,117	1,033	261,824
Additions	-	560	-	560

As at 31 December 2024	194,674	66,677	1,033	262,384

...CONTINUED

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Crudo Cevicheria Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	28,351	26,023	1,033	55,407
Provided during the period	19,467	13,336	-	32,803

As at 31 December 2024	47,818	39,359	1,033	88,210

Net Book Value
As at 31 December 2024	146,856	27,318	-	174,174

As at 1 January 2024	166,323	40,094	-	206,417

5. Stocks

	2024	2023
	£	£
Finished goods	8,428	7,456

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	8,483	-
Other debtors	3,166	33,205

	11,649	33,205
Due after more than one year
Other debtors	65,700	65,700

	77,349	98,905

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	53,563	51,107
Other creditors	122,869	64,520
Taxation and social security	142,998	18,667

	319,430	134,294

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Amounts owed to participating interests	970,000	962,000

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

10. Related Party Transactions

As at 31 December 2024 there were loans to the company of £970.000 (2023-£962.000) from ER & SY Global Investments Limited, as shareholder in the company. These loans are included in creditors falling due after more than one year.

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