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Company Registration No. 12326211 (England and Wales)
The Craft Raft Limited Unaudited accounts for the year ended 30 November 2023
The Craft Raft Limited Unaudited accounts Contents
Page
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The Craft Raft Limited Company Information for the year ended 30 November 2023
Director
Mrs S Power
Company Number
12326211 (England and Wales)
Registered Office
12 MOWSTEAD ROAD BRAUNTON DEVON EX33 1BJ ENGLAND
Accountants
North Devon Accounts 4 Cross Tree Centre Caen Street Braunton Devon EX33 1AA
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The Craft Raft Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
708 
864 
Current assets
Cash at bank and in hand
12,257 
16,582 
Creditors: amounts falling due within one year
(8,390)
(8,776)
Net current assets
3,867 
7,806 
Net assets
4,575 
8,670 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,475 
8,570 
Shareholders' funds
4,575 
8,670 
For the year ending 30 November 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 her 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 29 August 2024 and were signed on its behalf by
Mrs S Power Director Company Registration No. 12326211
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The Craft Raft Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
The Craft Raft Limited is a private company, limited by shares, registered in England and Wales, registration number 12326211. The registered office is 12 MOWSTEAD ROAD, BRAUNTON, DEVON, EX33 1BJ, 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:
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
1,130 
689 
1,819 
At 30 November 2023
1,130 
689 
1,819 
Depreciation
At 1 December 2022
654 
301 
955 
Charge for the year
86 
70 
156 
At 30 November 2023
740 
371 
1,111 
Net book value
At 30 November 2023
390 
318 
708 
At 30 November 2022
476 
388 
864 
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The Craft Raft Limited Notes to the Accounts for the year ended 30 November 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,553 
6,501 
Taxes and social security
- 
675 
Other creditors
258 
630 
Loans from directors
2,779 
10 
Accruals
800 
960 
8,390 
8,776 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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