Crescent Business Support Limited

Crescent Business Support Limited
Statement of Financial Position
As at 31 July 2026

	Notes	2026 £	2025 £
Fixed assets
Intangible fixed assets	3	3,120	3,900
Tangible fixed assets	4	2,492	2,705
		5,612	6,605
Current assets
Debtors	5	6,820	9,166
Cash at bank and in hand		7,648	9,316
		14,468	18,482
Creditors: amount falling due within one year	6	(6,607)	(9,279)
Net current assets		7,861	9,203

Total assets less current liabilities		13,473	15,808
Net assets		13,473	15,808

Capital and reserves
Called up share capital		1	1
Profit and loss account		13,472	15,807
Shareholders' funds		13,473	15,808

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

Directors' 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 directors acknowledge 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 board of directors on 23 September 2026 and were signed on its behalf by:

-------------------------------
Amy Russell
Director

Crescent Business Support Limited
Notes to the Financial Statements
For the year ended 31 July 2026

General Information

Crescent Business Support Limited is a private company, limited by shares, registered in England and Wales, registration number 11466752, registration address 2-Work, 5 Albion Place, Leeds, LS1 6JL.

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.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

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:

Fixtures and Fittings	15% Reducing Balance
Computer Equipment	33% Straight Line

2.	Average number of employees Average number of employees during the year was 3 (2025 : 4).

Intangible fixed assets

Cost	Other	Total
	£	£
At 01 August 2025	3,900	3,900
Additions	-	-
Disposals	-	-
At 31 July 2026	3,900	3,900
Amortisation
At 01 August 2025	-	-
Charge for year	780	780
On disposals	-	-
At 31 July 2026	780	780
Net book values
At 31 July 2026	3,120	3,120
At 31 July 2025	3,900	3,900

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 August 2025	1,858	5,352	7,210
Additions	-	481	481
Disposals	-	-	-
At 31 July 2026	1,858	5,833	7,691
Depreciation
At 01 August 2025	565	3,940	4,505
Charge for year	109	585	694
On disposals	-	-	-
At 31 July 2026	674	4,525	5,199
Net book values
Closing balance as at 31 July 2026	1,184	1,308	2,492
Opening balance as at 01 August 2025	1,293	1,412	2,705

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	5,543	8,371
Other Debtors	1,277	795
	6,820	9,166

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	1,722	3,669
Bank Loans & Overdrafts	0	346
Taxation and Social Security	4,681	5,042
Other Creditors	204	222
	6,607	9,279

Creditors: amount falling due after more than one year

	2026 £		2025 £
Bank Loans & Overdrafts	0		0
	0		0

Advances and Credits

Amy Russell
There were no loans outstanding as at 31st July 2025 or 31st July 2026

Current year (2026)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
Amy Russell	0		0		0		0		0		0		0
	0		0		0		0		0		0		0

Previous year (2025)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
Amy Russell	0		0		0		0		0		0		0
	0		0		0		0		0		0		0