REGISTERED NUMBER: 02395908 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Cronapress Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C M Butler

SECRETARY:

Mrs S Butler

REGISTERED OFFICE:

Parkside Works

Otley Road

Guiseley

Leeds

LS20 8BH

REGISTERED NUMBER:

02395908 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

15,503

10,494

Investments

6

35,117

45,056

50,620

55,550

CURRENT ASSETS

Stocks

269,376

241,788

Debtors

7

128,486

241,350

Cash at bank

32,863

-

430,725

483,138

CREDITORS

Amounts falling due within one year

8

186,466

159,842

NET CURRENT ASSETS

244,259

323,296

TOTAL ASSETS LESS CURRENT LIABILITIES

294,879

378,846

CREDITORS

Amounts falling due after more than one year

9

(120,766

)

(102,385

)

PROVISIONS FOR LIABILITIES

(3,204

)

(1,952

)

NET ASSETS

170,909

274,509

CAPITAL AND RESERVES

Called up share capital

17,112

17,112

Retained earnings

153,797

257,397

170,909

274,509

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 August 2026 and were signed by:

C M Butler - Director

1.	STATUTORY INFORMATION

Cronapress Limited 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.

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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers. Revenue is recognised when the risks and rewards have been transferred to the customer which is usually upon despatch or completion of the services.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over it's useful economic life. It is reviewed for impairment at the end of the first full financial year following the aquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Tangible fixed assets

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

Freehold property

-

20% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

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

Basic financial instruments are recognised at amortised costs. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

69,506

AMORTISATION

At 1 October 2024

and 30 September 2025

69,506

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 October 2024

4,128

128,115

52,974

1,500

186,717

Additions

-

7,275

-

525

7,800

At 30 September 2025

4,128

135,390

52,974

2,025

194,517

DEPRECIATION

At 1 October 2024

4,128

119,179

51,416

1,500

176,223

Charge for year

-

2,514

233

44

2,791

At 30 September 2025

4,128

121,693

51,649

1,544

179,014

NET BOOK VALUE

At 30 September 2025

-

13,697

1,325

481

15,503

At 30 September 2024

-

8,936

1,558

-

10,494

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 October 2024

45,056

Impairments

(9,939

)

At 30 September 2025

35,117

NET BOOK VALUE

At 30 September 2025

35,117

At 30 September 2024

45,056

Fixed asset investments are stated at historical cost less provision for any diminution in value.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

27,986

59,610

Amounts owed by participating interests

-

114,036

Other debtors

100,500

67,704

128,486

241,350

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

33,845

40,790

Trade creditors

27,146

14,895

Amounts owed to participating interests

4,713

-

Taxation and social security

46,972

75,699

Other creditors

73,790

28,458

186,466

159,842

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

120,766

102,385

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Bank loans

154,611

132,063

Ennell Welding Pension Fund and Lloyds Bank PLC hold a fixed and floating charge against all assets held in the company.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

30.9.25

30.9.24

£

£

C M Butler

Balance outstanding at start of year

60,280

47,172

Amounts advanced

127,296

42,841

Amounts repaid

(94,500

)

(29,733

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

93,076

60,280

Interest has been charged at the official rate, and is repayable on demand.

The director has given a personal guarantee against the funding circle & EAF loan.