Company Registration No. 06872046 (England and Wales)
Crack Industries Limited
Unaudited accounts
for the year ended 31 March 2026
Crack Industries Limited
Unaudited accounts
Contents
Crack Industries Limited
Company Information
for the year ended 31 March 2026
Directors
Jacob Tristan Applebee
Thomas Frost
Luke John Sutton
Company Number
06872046 (England and Wales)
Registered Office
15-16 Brunswick Square
Bristol
Avon
BS2 8NX
England
Accountants
Link Stone Advisory Limited
28 Brock Street
Bath
BA1 2LN
Crack Industries Limited
Statement of financial position
as at 31 March 2026
Tangible assets
6,016
4,293
Cash at bank and in hand
46,975
30,547
Creditors: amounts falling due within one year
(386,846)
(331,307)
Net current liabilities
(136,240)
(109,467)
Total assets less current liabilities
(130,205)
(105,155)
Creditors: amounts falling due after more than one year
(77,636)
(109,683)
Net liabilities
(207,841)
(214,838)
Called up share capital
2,000
2,000
Profit and loss account
(209,841)
(216,838)
Shareholders' funds
(207,841)
(214,838)
For the year ending 31 March 2026 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2026 and were signed on its behalf by
Thomas Frost
Director
Company Registration No. 06872046
Crack Industries Limited
Notes to the Accounts
for the year ended 31 March 2026
Crack Industries Limited is a private company, limited by shares, registered in England and Wales, registration number 06872046. The registered office is 15-16 Brunswick Square, Bristol, Avon, BS2 8NX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Exemption from preparing consolidated financial statements
The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 Years Straight Line
Investments in shares are included at cost.
The Directors have taken steps to reduce costs to mitigate the revenue shortfall and at the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Crack Industries Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Computer equipment
5
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 April 2025
6
13
19
Valuation at 31 March 2026
6
13
19
Amounts falling due within one year
Trade debtors
192,373
181,971
Amounts due from group undertakings etc.
4,717
-
Accrued income and prepayments
960
882
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
108,074
130,617
Trade creditors
36,586
36,206
Amounts owed to group undertakings and other participating interests
24,210
44,308
Taxes and social security
3,172
10,988
Loans from directors
55,724
-
Deferred income
15,000
40,102
Crack Industries Limited
Notes to the Accounts
for the year ended 31 March 2026
8
Creditors: amounts falling due after more than one year
2026
2025
At the year end date 31 March 2026, there are Directors Loans to the Company totalling £55,724. The loans are interest free and repayable on demand.
10
Transactions with related parties
During the year, a loan for £1,542 from a related party, Crack Tickets Limited was written off. The write off is included within other income on the profit and loss.
At the 31 March 2026 there is a loan from Crack Creative Company Limited for £24,210 (31 March 2025: £43,308). The loan is interest free and repayable on demand.
At the 31 March 2026 there is a loan to Crack Productions Limited for £4,717. The loan is interest free and repayable on demand.
11
Average number of employees
During the year the average number of employees was 9 (2025: 8).