REGISTERED NUMBER: SC533267 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

CRD PROPERTY RENOVATIONS &

REINSTATEMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R S Davies

REGISTERED OFFICE:

Unit 9 C

Cathcart Place

Rutherglen

Glasgow

G73 2RB

REGISTERED NUMBER:

SC533267 (Scotland)

ACCOUNTANTS:

John M Taylor & Co

Chartered Accountants

9 Glasgow Road

PAISLEY

Renfrewshire

PA1 3QS

FIXED ASSETS

173,974

Tangible assets

5

119,542

CURRENT ASSETS

8,200

Stocks

9,000

948,261

Debtors

6

972,712

62,041

Cash at bank and in hand

21,297

1,018,502

1,003,009

CREDITORS

694,711

Amounts falling due within one year

7

557,476

323,791

NET CURRENT ASSETS

445,533

497,765

TOTAL ASSETS LESS CURRENT LIABILITIES

565,075

CREDITORS

(127,488

)

Amounts falling due after more than one year

8

(205,388

)

(40,064

)

PROVISIONS FOR LIABILITIES

10

(28,841

)

330,213

NET ASSETS

330,846

CAPITAL AND RESERVES

5,000

Called up share capital

5,000

325,213

Retained earnings

325,846

330,213

330,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 July 2026 and were signed by:

R S Davies - Director

1.	STATUTORY INFORMATION

CRD Property Renovations & Reinstatements Ltd is a private company, limited by shares , registered in Scotland. 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of contracts for on-going services is recognised by reference to the cost at the balance sheet date plus a contribution to profit dependent on the status of services completed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor Vehicles - 25% on cost

Computer Equipment - 33% on cost

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Stocks

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

Taxation

Taxation represents the sum of tax currently payable and deferred tax on a non discounted basis.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period which the liability is settled or the asset is realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Cash & cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial Instruments

Basic financial instruments are recognised at amortised cost. Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument and are classified in accordance with their underlying economic reality.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the shareholders. These amounts are recognised in the statement of changes in equity.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 48 (2024 - 46 ) .

5.	TANGIBLE FIXED ASSETS

Plant &

Computer

Motor

Fixtures

Totals

machinery

Equipment

vehicles

& fittings

£

£

£

£

£

COST

At 1 May 2024

413,941

9,572

7,654

387,141

9,574

Additions

32,866

4,239

465

27,200

962

Disposals

(11,000

)

-

-

(11,000

)

-

At 30 April 2025

435,807

13,811

8,119

403,341

10,536

DEPRECIATION

At 1 May 2024

239,967

2,506

3,839

230,212

3,410

Charge for year

79,048

2,762

2,414

71,765

2,107

Eliminated on disposal

(2,750

)

-

-

(2,750

)

-

At 30 April 2025

316,265

5,268

6,253

299,227

5,517

NET BOOK VALUE

At 30 April 2025

119,542

8,543

1,866

104,114

5,019

At 30 April 2024

173,974

7,066

3,815

156,929

6,164

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 May 2024

and 30 April 2025

146,676

DEPRECIATION

At 1 May 2024

and 30 April 2025

66,776

NET BOOK VALUE

At 30 April 2025

79,900

At 30 April 2024

79,900

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

637,196

700,123

Amounts recoverable on contract

297,590

176,000

Other debtors

37,926

72,138

972,712

948,261

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

10,000

26,643

Hire purchase contracts

55,127

53,924

Trade creditors

191,092

235,980

Taxation and social security

155,146

245,523

Other creditors

146,111

132,641

557,476

694,711

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

834

10,834

Hire purchase contracts

81,221

116,654

Other creditors

123,333

-

205,388

127,488

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Bank loans

10,834

20,834

Hire purchase contracts

136,348

170,578

147,182

191,412

Santander UK PLC holds a bond a floating charge over all assets or undertakings owned by the company.

Obligations under hire purchase contracts are secured over the assets to which they relate.

10.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

£

Deferred tax

28,841

40,064

Deferred

tax

£

Balance at 1 May 2024

40,064

Provided during year

(11,223

)

rate movement

Balance at 30 April 2025

28,841

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

30.4.25

30.4.24

£

£

R S Davies

Balance outstanding at start of year

-

402

Amounts repaid

-

(402

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

The balance outstanding at the year end is interest free and has no fixed repayment date.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is R S Davies.