Company registration number: NI695300
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Crozier Computers Ltd
Pages for filing with the Registrar
Company registration number: NI695300
Crozier Computers Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 10,000 15,000
Tangible assets 5 102,604 42,565
112,604 57,565
Current assets
Stocks 101,894 58,234
Debtors 6 308,215 224,182
Cash at bank and in hand 229,969 159,856
640,078 442,272
Creditors: amounts falling due within one year
7 (136,733) (105,015)
Net current assets 503,345 337,257
Total assets less current liabilities 615,949 394,822
Creditors: Amounts falling due after more than one year
8 (205,213) (231,595)
Provisions for liabilities (14,230) -
NET ASSETS 396,506 163,227
Capital and reserves
Called up share capital 7 7
Profit and loss account 396,499 163,220
TOTAL EQUITY 396,506 163,227
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: NI695300
Crozier Computers Ltd
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 18 June 2026 and signed on its behalf by:
Mrs R Crozier, Director
18 June 2026
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Crozier Computers Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Crozier Computers Ltd is a private company registered in Northern Ireland. Its registered number is NI695300. The company is limited by shares. Its registered office is 11 Derryraine Road, Armagh, County Armagh, BT60 1NZ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 20% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and Machinery - 10% reducing balance
Fixture & Fittings - 10% reducing balance
Motor Vehicles - 20% reducing balance
Computer Equipment - 20% reducing balance
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Crozier Computers Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
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 for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 8 (2025 - 7).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2025 20,000
At 31 March 2026 20,000
4
Crozier Computers Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Intangible assets - continued
Amortisation
At 1 April 2025 5,000
Charge for year 5,000
At 31 March 2026 10,000
Net book value
At 31 March 2026 10,000
At 31 March 2025 15,000
5 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 April 2025 46,853
Additions 67,185
At 31 March 2026 114,038
Depreciation
At 1 April 2025 4,288
Charge for year 7,146
At 31 March 2026 11,434
Net book value
At 31 March 2026 102,604
At 31 March 2025 42,565
6 Debtors
2026 2025
£ £
Amounts falling due within one year
Trade debtors 195,602 217,389
Prepayments and accrued income 7,914 6,793
203,516 224,182
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Crozier Computers Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
6 Debtors - continued
2026 2025
£ £
Amounts falling due after more than one year
Other debtors 104,699 -
Total 308,215 224,182
7 Creditors: amounts falling due within one year
2026 2025
£ £
Trade creditors 13,361 6,520
Taxation 72,739 53,124
VAT payable 28,383 26,228
Accruals and deferred income 22,250 19,143
136,733 105,015
8 Creditors: amounts falling due after more than one year
2026 2025
£ £
Amounts owed to directors 205,213 231,595
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