REGISTERED NUMBER: 04600829 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 November 2017

for

Crisp Websites Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J J England

M J England

D England

SECRETARY:

J J England

REGISTERED OFFICE:

Unit 1D, Littlehampton Marina

Ferry Road

Littlehampton

West Sussex

BN17 5DS

REGISTERED NUMBER:

04600829 (England and Wales)

ACCOUNTANTS:

Reeves Wilkinson Limited trading as Botting & Co

Chartered Certified Accountants

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

FIXED ASSETS

Tangible assets

4

62,268

45,232

CURRENT ASSETS

Stocks

271,032

249,709

Debtors

5

195,837

206,498

Cash at bank and in hand

72,282

23,958

539,151

480,165

CREDITORS

Amounts falling due within one year

6

347,854

363,359

NET CURRENT ASSETS

191,297

116,806

TOTAL ASSETS LESS CURRENT LIABILITIES

253,565

162,038

CREDITORS

Amounts falling due after more than one year

7

183,446

75,000

NET ASSETS

70,119

87,038

CAPITAL AND RESERVES

Called up share capital

901

901

Retained earnings

69,218

86,137

SHAREHOLDERS' FUNDS

70,119

87,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 22 March 2018 and were signed on its behalf by:

D England - Director

M J England - Director

1.	STATUTORY INFORMATION

Crisp Websites 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Land and buildings

-

25% on reducing balance

Plant and machinery etc

-

33% on cost and 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.

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 .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2016

21,914

62,388

84,302

Additions

27,914

16,707

44,621

Disposals

-

(9,138

)

(9,138

)

At 30 November 2017

49,828

69,957

119,785

DEPRECIATION

At 1 December 2016

6,257

32,813

39,070

Charge for year

10,893

11,376

22,269

Eliminated on disposal

-

(3,822

)

(3,822

)

At 30 November 2017

17,150

40,367

57,517

NET BOOK VALUE

At 30 November 2017

32,678

29,590

62,268

At 30 November 2016

15,657

29,575

45,232

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Trade debtors

142,946

161,664

Other debtors

52,891

44,834

195,837

206,498

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Bank loans and overdrafts

67,178

42,242

Trade creditors

153,896

208,828

Taxation and social security

50,103

50,248

Other creditors

76,677

62,041

347,854

363,359

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.17

30.11.16

£

£

Other creditors

183,446

75,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company owed an amount of £3,389 (2016 - £3,389) to Mr J England and was

owed £565 (2016: £565) by Mr M England.

9.	TRANSITION TO FRS 102

These financial statements for the year ended 30th November 2017 are the first financial statements that comply

with FRS102 Section 1A. The date of transition is 1st December 2015.

No restatement of the comparative figures or consequential changes in accounting policies were required as a

result of the adoption of the new reporting regime.

10.	GUARANTEES AND OTHER COMMITMENTS

The company had total guarantees and commitments at the year end of £38,812 (2016: 37,977).