CRAGG & ROBERTS LIMITED

Company Registration Number:
04773811 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

CRAGG & ROBERTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

CRAGG & ROBERTS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 85,000 92,500
Tangible assets: 4 118,323 130,251
Total fixed assets: 203,323 222,751
Current assets
Stocks: 26,048 24,988
Debtors:   296,799 283,900
Cash at bank and in hand: 33,064 29,209
Total current assets: 355,911 338,097
Creditors: amounts falling due within one year: 5 (445,723) (431,480)
Net current assets (liabilities): (89,812) (93,383)
Total assets less current liabilities: 113,511 129,368
Creditors: amounts falling due after more than one year: 6 (69,233) (114,833)
Total net assets (liabilities): 44,278 14,535
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 44,178 14,435
Shareholders funds: 44,278 14,535

The notes form part of these financial statements

CRAGG & ROBERTS LIMITED

Balance sheet statements

For the year ending 31 December 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 06 September 2024
and signed on behalf of the board by:

Name: Mr A Heard
Status: Director

The notes form part of these financial statements

CRAGG & ROBERTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

Tangible fixed assets and depreciation policy

Depreciation is provided at the following rates in order to write off assets over their estimated useful lives: Plant & Machinery - 10% reducing balance Fixtures & Fittings - 10% reducing balance Motor vehicles - 20% reducing balance Other assets - 5% reducing balance

CRAGG & ROBERTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 21 21

CRAGG & ROBERTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 115,000
At 31 December 2023 115,000
Amortisation
At 01 January 2023 22,500
Charge for year 7,500
At 31 December 2023 30,000
Net book value
At 31 December 2023 85,000
At 31 December 2022 92,500

CRAGG & ROBERTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 220,953
At 31 December 2023 220,953
Depreciation
At 01 January 2023 90,702
Charge for year 11,928
At 31 December 2023 102,630
Net book value
At 31 December 2023 118,323
At 31 December 2022 130,251

CRAGG & ROBERTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Trade Creditors £196625 Factoring account £154455 Taxation, VAT & Paye £89508 Other creditors £5135

CRAGG & ROBERTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

Bank loan £69233

CRAGG & ROBERTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Loans to directors

Name of director receiving advance or credit: Mr P Tingle
Description of the loan: Included in debtors is an overdrawn directors loan account to Mr P Tingle.
£
Balance at 01 January 2023 32,417
Advances or credits repaid: 32,417
Balance at 31 December 2023 0