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Company Registration No. 01685875 (England and Wales)
Craig Properties Limited Unaudited accounts for the year ended 31 December 2023
Craig Properties Limited Unaudited accounts Contents
Page
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Craig Properties Limited Company Information for the year ended 31 December 2023
Director
Ronald Russell
Secretary
Mrs Linda Russell
Company Number
01685875 (England and Wales)
Registered Office
1 BURGHLEY PLACE MITCHAM CR4 4LL ENGLAND
Accountants
Blythe & Co 41 Oldfields Road Sutton Surrey SM1 2NB
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Craig Properties Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
542,934 
126,886 
Current assets
Cash at bank and in hand
8,686 
1,609 
Creditors: amounts falling due within one year
(124,234)
(120,432)
Net current liabilities
(115,548)
(118,823)
Net assets
427,386 
8,063 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
412,694 
- 
Profit and loss account
14,592 
7,963 
Shareholders' funds
427,386 
8,063 
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 July 2024 and were signed on its behalf by
Ronald Russell Director Company Registration No. 01685875
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Craig Properties Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Craig Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 01685875. The registered office is 1 BURGHLEY PLACE, MITCHAM, CR4 4LL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% - On Cost
Fixtures & fittings
25% - On Cost
Computer equipment
25% - On Cost
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At cost 
At cost 
At 1 January 2023
125,306 
1,428 
146 
6 
126,886 
Additions
- 
- 
- 
5,000 
5,000 
Revaluations
412,694 
- 
- 
- 
412,694 
At 31 December 2023
538,000 
1,428 
146 
5,006 
544,580 
Depreciation
Charge for the year
- 
357 
37 
1,252 
1,646 
At 31 December 2023
- 
357 
37 
1,252 
1,646 
Net book value
At 31 December 2023
538,000 
1,071 
109 
3,754 
542,934 
At 31 December 2022
125,306 
1,428 
146 
6 
126,886 
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Craig Properties Limited Notes to the Accounts for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
85,506 
85,506 
Taxes and social security
1,237 
3,400 
Loans from directors
34,896 
28,931 
Accruals
2,595 
2,595 
124,234 
120,432 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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