CRAIGLEA SOLUTIONS LIMITED

Company Registration Number:
SC268796 (Scotland)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

CRAIGLEA SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

CRAIGLEA SOLUTIONS LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 94,115 134,041
Total fixed assets: 94,115 134,041
Current assets
Stocks: 48,981 59,470
Debtors: 4 76,410 91,052
Cash at bank and in hand: 282,046 265,145
Total current assets: 407,437 415,667
Creditors: amounts falling due within one year: 5 (115,206) (90,459)
Net current assets (liabilities): 292,231 325,208
Total assets less current liabilities: 386,346 459,249
Creditors: amounts falling due after more than one year: 6 (59,454) (94,603)
Provision for liabilities: (17,882) (25,468)
Total net assets (liabilities): 309,010 339,178
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 309,009 339,177
Shareholders funds: 309,010 339,178

The notes form part of these financial statements

CRAIGLEA SOLUTIONS LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 March 2024
and signed on behalf of the board by:

Name: James Bowes
Status: Director

The notes form part of these financial statements

CRAIGLEA SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and servicesprovided in the normal course of business, and is shown net of VAT and other sales related taxes. The fairvalue of consideration takes into account trade discounts, settlement discounts and volume rebates.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of thegoods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measuredreliably, it is probable that the economic benefits associated with the transaction will flow to the entity and thecosts incurred or to be incurred in respect of the transaction can be measured reliably

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net ofdepreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over theiruseful lives on the following bases:Plant and machinery 15% reducing balanceFixtures, fittings & equipment 12% reducing balanceComputer equipment 33% reducing balanceMotor vehicles 25% reducing balance

CRAIGLEA SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 10 12

CRAIGLEA SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 399,976
Additions 8,233
At 30 June 2023 408,209
Depreciation
At 01 July 2022 265,935
Charge for year 48,159
At 30 June 2023 314,094
Net book value
At 30 June 2023 94,115
At 30 June 2022 134,041

CRAIGLEA SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Debtors

Amounts falling due within one year:Trade debtors 2023: £67,282 (2022: £88,861)Other debtors 2023: £9,128 (2022: £2,191)

CRAIGLEA SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due within one year note

Bank loans 2023: £46,010 (2022: £7,143)Trade creditors 2023: £NIL (2022: £2,529)Corporation tax 2023: £4,442 (2022: £849)Other taxation and social security 2023: £31,776 (2022: £34,583)Other creditors 2023: £32,978 (2022: £45,355)

CRAIGLEA SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts 2023: £21,121 (2022: £27,139)Other creditors 2023: £38,333 (2022: £67,464)