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REGISTERED NUMBER: 07508020 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Craimar Limited

Craimar Limited (Registered number: 07508020)






Contents of the Financial Statements
for the year ended 31 January 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Craimar Limited

Company Information
for the year ended 31 January 2023







DIRECTOR: M P Stanley





REGISTERED OFFICE: Estate House
144 Evesham St
Redditch
Worcestershire
B97 4HP





REGISTERED NUMBER: 07508020 (England and Wales)





ACCOUNTANTS: Derek Young & Co Accountants LLP
Chartered Accountants
Estate House
Evesham Street
Redditch
Worcestershire
B97 4HP

Craimar Limited (Registered number: 07508020)

Abridged Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,612 14,435

CURRENT ASSETS
Stocks 54,725 49,800
Debtors 119,500 96,924
Cash at bank and in hand 21,219 25,947
195,444 172,671
CREDITORS
Amounts falling due within one year 179,258 145,773
NET CURRENT ASSETS 16,186 26,898
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,798

41,333

CREDITORS
Amounts falling due after more than one
year

23,333

37,906
NET ASSETS 6,465 3,427

CAPITAL AND RESERVES
Called up share capital 5 2 2
Retained earnings 6,463 3,425
SHAREHOLDERS' FUNDS 6,465 3,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Craimar Limited (Registered number: 07508020)

Abridged Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 January 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 October 2023 and were signed by:





M P Stanley - Director


Craimar Limited (Registered number: 07508020)

Notes to the Financial Statements
for the year ended 31 January 2023

1. STATUTORY INFORMATION

Craimar 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 represents amounts derived from the provision of goods and services falling within the company's ordinary activities, after deduction of trade discounts, value added tax and any other tax based on the amounts so derived.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Equipment - 15% on reducing balance

Tangible fixed assets are stated at cost less depreciation.

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
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.

Craimar Limited (Registered number: 07508020)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2022 31,599
Additions 2,858
At 31 January 2023 34,457
DEPRECIATION
At 1 February 2022 17,164
Charge for year 3,681
At 31 January 2023 20,845
NET BOOK VALUE
At 31 January 2023 13,612
At 31 January 2022 14,435

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

6. ULTIMATE CONTROLLING PARTY

Throughout the financial year the controlling parties were the directors by virtue of their 100% holding of the issued share capital of the company.