Crestaway Limited

Crestaway Limited
Statement of Financial Position
As at 31 May 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	615,000	665,000
		615,000	665,000
Current assets
Cash at bank and in hand		557	2,564
Creditors: amount falling due within one year	4	(192,259)	(208,551)
Net current assets		(191,702)	(205,987)

Total assets less current liabilities		423,298	459,013
Creditors: amount falling due after more than one year	5	(269,136)	(269,136)
Provisions for liabilities	6	(24,075)	(37,325)
Net assets		130,087	152,552

Capital and reserves
Called up share capital		2	2
Fair Value Reserves	7	80,925	117,675
Profit and loss account		49,160	34,875
Shareholders' funds		130,087	152,552

For the year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 financial statements were approved by the director on 09 September 2026 and were signed by:

-------------------------------
Lu Ann Sellers
Director

Crestaway Limited
Notes to the Financial Statements
For the year ended 31 May 2026

General Information

Crestaway Limited is a private company, limited by shares, registered in England and Wales, registration number 05130277, registration address UWM House, 6 Fusion Court, Leeds, West Yorkshire, LS25 2GH.

The presentation currency is £ sterling.

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.

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

0% straight line

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

Tangible fixed assets

Cost or valuation	Investment properties	Land and buildings	Total
	£	£	£
At 01 June 2025	525,000	140,000	665,000
Additions	-	-	-
Disposals	-	-	-
Revaluations	(50,000)	-	(50,000)
At 31 May 2026	475,000	140,000	615,000
Depreciation
At 01 June 2025	-	-	-
Charge for year	-	-	-
On disposals	-	-	-
At 31 May 2026	-	-	-
Net book values
Closing balance as at 31 May 2026	475,000	140,000	615,000
Opening balance as at 01 June 2025	525,000	140,000	665,000

Creditors: amount falling due within one year

	2026 £		2025 £
Other Creditors	192,259		208,551
	192,259		208,551

Creditors: amount falling due after more than one year

	2026 £		2025 £
Bank Loans & Overdrafts	269,136		269,136
	269,136		269,136

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	24,075		37,325
	24,075		37,325

Fair Value Reserves

	2026 £	2025 £
Fair Value Reserve b/fwd	117,675	49,320
Fair Value Reserve	(36,750)	68,355
	80,925	117,675

Registered Number: 05130277
England and Wales
CRESTAWAY LIMITED

Financial Statements

Period of accounts Start date: 01 June 2025 End date: 31 May 2026