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REGISTERED NUMBER: SC463923 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CATHCART AND CRAWFORD LTD

CATHCART AND CRAWFORD LTD (REGISTERED NUMBER: SC463923)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

CATHCART AND CRAWFORD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: F Cathcart





REGISTERED OFFICE: 24 Clydeview
Bothwell
Lanarkshire
G71 8NW





REGISTERED NUMBER: SC463923 (Scotland)





ACCOUNTANTS: J Gilmour & Co
Chartered Certified Accountants
24 Clydeview
Bothwell
Glasgow
Lanarkshire
G71 8NW

CATHCART AND CRAWFORD LTD (REGISTERED NUMBER: SC463923)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,821 17,290

CURRENT ASSETS
Debtors 5 5,020 10,021
Cash at bank 44,914 121,833
49,934 131,854
CREDITORS
Amounts falling due within one year 6 30,214 84,163
NET CURRENT ASSETS 19,720 47,691
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,541

64,981

CREDITORS
Amounts falling due after more than one
year

7

(16,964

)

(26,561

)

PROVISIONS FOR LIABILITIES 8 (8,205 ) (2,464 )
NET ASSETS 27,372 35,956

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 27,272 35,856
SHAREHOLDERS' FUNDS 27,372 35,956

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

CATHCART AND CRAWFORD LTD (REGISTERED NUMBER: SC463923)

BALANCE SHEET - continued
31 MARCH 2024


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 director and authorised for issue on 24 July 2024 and were signed by:





F Cathcart - Director


CATHCART AND CRAWFORD LTD (REGISTERED NUMBER: SC463923)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Cathcart and Crawford Ltd is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery - 25% on cost
Motor vehicles - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

CATHCART AND CRAWFORD LTD (REGISTERED NUMBER: SC463923)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 2,740 38,687 2,518 43,945
Additions - 26,469 - 26,469
At 31 March 2024 2,740 65,156 2,518 70,414
DEPRECIATION
At 1 April 2023 2,739 23,916 - 26,655
Charge for year - 10,309 629 10,938
At 31 March 2024 2,739 34,225 629 37,593
NET BOOK VALUE
At 31 March 2024 1 30,931 1,889 32,821
At 31 March 2023 1 14,771 2,518 17,290

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 5,020 6,820
Directors' current accounts - 3,201
5,020 10,021

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 1,999 32,560
Taxation and social security 23,003 46,603
Other creditors 212 -
30,214 84,163

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 16,964 26,561

8. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax
Accelerated capital allowances 8,205 2,464

CATHCART AND CRAWFORD LTD (REGISTERED NUMBER: SC463923)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 2,464
Accelerated capital allowances 5,741
Balance at 31 March 2024 8,205

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 April 2023 35,856
Profit for the year 63,916
Dividends (72,500 )
At 31 March 2024 27,272

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2024 and the period ended 31 March 2023:

31.3.24 31.3.23
£    £   
F Cathcart
Balance outstanding at start of year (3,201 ) (16,230 )
Amounts advanced 95,458 138,131
Amounts repaid (92,045 ) (125,102 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 212 (3,201 )

CATHCART AND CRAWFORD LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
CATHCART AND CRAWFORD LTD


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






J Gilmour & Co
Chartered Certified Accountants
24 Clydeview
Bothwell
Glasgow
Lanarkshire
G71 8NW


24 July 2024