REGISTERED NUMBER: 03362210 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Crescent Press Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A C Matthews

Mrs J E Matthews

SECRETARY:

Mrs J E Matthews

REGISTERED OFFICE:

Unit 3 Stirling Park

Stirling Road

Shirley

Solihull

West Midlands

B90 4NE

REGISTERED NUMBER:

03362210 (England and Wales)

ACCOUNTANTS:

Pride Accountants

Polymer Court

Hope Street

Dudley

West Midlands

DY2 8RS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

299,085

349,503

299,085

349,503

CURRENT ASSETS

Stocks

59,945

57,335

Debtors

6

480,916

460,331

Cash at bank and in hand

41,154

216,184

582,015

733,850

CREDITORS

Amounts falling due within one year

7

597,149

632,208

NET CURRENT (LIABILITIES)/ASSETS

(15,134

)

101,642

TOTAL ASSETS LESS CURRENT LIABILITIES

283,951

451,145

CREDITORS

Amounts falling due after more than one year

8

(98,096

)

(159,942

)

PROVISIONS FOR LIABILITIES

11

(73,430

)

(85,741

)

NET ASSETS

112,425

205,462

CAPITAL AND RESERVES

Called up share capital

12

17,000

17,000

Retained earnings

95,425

188,462

SHAREHOLDERS' FUNDS

112,425

205,462

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by:

A C Matthews - Director

Mrs J E Matthews - Director

1.	STATUTORY INFORMATION

Crescent Press 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 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.

Tangible fixed assets

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

Plant and machinery

-

at variable rates on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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 tax. Tax is recognised in the Income Statement, 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 activities is recognised in profit or loss as incurred and is measured at cost. Development expenditure is capitalised only if the expenditure can be measured reliably, the product or process is technically and commercially feasible, future economic benefits are probable and the Company intends to and has sufficient resources to complete development and to use or sell the asset.

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 21 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

204,639

AMORTISATION

At 1 November 2024

and 31 October 2025

204,639

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 November 2024

977,044

72,055

22,291

1,071,390

Disposals

-

-

(22,291

)

(22,291

)

At 31 October 2025

977,044

72,055

-

1,049,099

DEPRECIATION

At 1 November 2024

652,685

63,629

5,573

721,887

Charge for year

32,436

1,264

-

33,700

Eliminated on disposal

-

-

(5,573

)

(5,573

)

At 31 October 2025

685,121

64,893

-

750,014

NET BOOK VALUE

At 31 October 2025

291,923

7,162

-

299,085

At 31 October 2024

324,359

8,426

16,718

349,503

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

331,016

312,663

Other debtors

149,900

147,668

480,916

460,331

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

177,098

92,369

Hire purchase contracts (see note 9)

-

7,776

Trade creditors

313,039

412,602

Taxation and social security

83,061

77,862

Other creditors

23,951

41,599

597,149

632,208

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

98,096

149,573

Hire purchase contracts (see note 9)

-

10,369

98,096

159,942

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.10.25

31.10.24

£

£

Gross obligations repayable:

Within one year

-

8,692

Between one and five years

-

11,590

-

20,282

Finance charges repayable:

Within one year

-

916

Between one and five years

-

1,221

-

2,137

Net obligations repayable:

Within one year

-

7,776

Between one and five years

-

10,369

-

18,145

Non-cancellable

operating leases

31.10.25

31.10.24

£

£

Within one year

82,213

82,213

Between one and five years

61,660

143,873

143,873

226,086

10.	SECURED DEBTS

Lloyds Commercial Finance Limited hold an all assets debenture dated 25th March 2003 including a fixed and floating charge over the undertaking and all property and assets both present and future and a personal guarantee from the directors.

Lloyds Bank Plc hold a debenture deed dated 27th February 1998 including fixed and floating charges over the undertaking.

Momenta Finance hold a personal guarantee from the directors in respect of the loan facility.

11.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

£

Deferred tax

73,430

85,741

Deferred

tax

£

Balance at 1 November 2024

85,741

Provided during year

(12,311

)

Balance at 31 October 2025

73,430

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

17,000

Ordinary

£1

17,000

17,000

13.	ULTIMATE CONTROLLING PARTY

The company is under the control of its director, Mr A Matthews, as he owns the majority of the issued share capital.