REGISTERED NUMBER: 05563099 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

CR Products Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D N Thornton

N J Burrell

K C Ellington

SECRETARY:

D N Thornton

REGISTERED OFFICE:

Churchfield House, Vicar Street

Dudley

West Midlands

DY2 8RG

REGISTERED NUMBER:

05563099 (England and Wales)

ACCOUNTANTS:

KD3 Accountancy Services Ltd

Apex House

7 Park Lane Business Centre

Basford

Nottingham

Nottinghamshire

NG6 0DW

FIXED ASSETS

Tangible assets

4

38,394

45,304

Investments

5

832

832

39,226

46,136

CURRENT ASSETS

Stocks

261,721

286,338

Debtors

6

234,026

436,633

Cash at bank and in hand

32,788

28,535

528,535

751,506

CREDITORS

Amounts falling due within one year

7

244,977

411,604

NET CURRENT ASSETS

283,558

339,902

TOTAL ASSETS LESS CURRENT LIABILITIES

322,784

386,038

CREDITORS

Amounts falling due after more than one year

8

(4,546

)

(27,512

)

PROVISIONS FOR LIABILITIES

(7,290

)

(11,326

)

NET ASSETS

310,948

347,200

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

309,948

346,200

310,948

347,200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 27 November 2025 and were signed on its behalf by:

D N Thornton - Director

1.	STATUTORY INFORMATION

CR Products 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.

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.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 9 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

189,422

Additions

16,560

Disposals

(15,520

)

At 28 February 2025

190,462

DEPRECIATION

At 1 March 2024

144,118

Charge for year

17,247

Eliminated on disposal

(9,297

)

At 28 February 2025

152,068

NET BOOK VALUE

At 28 February 2025

38,394

At 29 February 2024

45,304

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 March 2024

15,370

Disposals

(15,370

)

At 28 February 2025

-

DEPRECIATION

At 1 March 2024

7,685

Charge for year

1,537

Eliminated on disposal

(9,222

)

At 28 February 2025

-

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

7,685

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 March 2024

and 28 February 2025

832

NET BOOK VALUE

At 28 February 2025

832

At 29 February 2024

832

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

166,484

411,628

Other debtors

67,542

25,005

234,026

436,633

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

18,182

18,182

Hire purchase contracts

-

3,173

Trade creditors

149,554

294,742

Amounts owed to group undertakings

-

1,058

Taxation and social security

7,682

37,961

Other creditors

69,559

56,488

244,977

411,604

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,546

22,728

Hire purchase contracts

-

4,784

4,546

27,512