CRAGWELL FINANCE CO. LIMITED

Company Registration Number:
SC124833 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

CRAGWELL FINANCE CO. LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

CRAGWELL FINANCE CO. LIMITED

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 265,000 265,000
Total fixed assets: 265,000 265,000
Current assets
Stocks: 6,000 6,000
Cash at bank and in hand: 1,000 1,000
Total current assets: 7,000 7,000
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 7,000 7,000
Total assets less current liabilities: 272,000 272,000
Creditors: amounts falling due after more than one year:   (150,000) (150,000)
Total net assets (liabilities): 122,000 122,000
Capital and reserves
Called up share capital: 100,000 100,000
Revaluation reserve:421,00021,000
Profit and loss account: 1,000 1,000
Shareholders funds: 122,000 122,000

The notes form part of these financial statements

CRAGWELL FINANCE CO. LIMITED

Balance sheet statements

For the year ending 31 May 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 14 February 2024
and signed on behalf of the board by:

Name: Douglas Kinloch
Status: Director

The notes form part of these financial statements

CRAGWELL FINANCE CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CRAGWELL FINANCE CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

CRAGWELL FINANCE CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 265,000
Disposals 0
At 31 May 2023 265,000
Depreciation
At 01 June 2022 0
At 31 May 2023 0
Net book value
At 31 May 2023 265,000
At 31 May 2022 265,000

CRAGWELL FINANCE CO. LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Revaluation reserve

2023
£
Balance at 01 June 2022 21,000
Surplus or deficit after revaluation 0
Balance at 31 May 2023 21,000