CRAIGON GOLF LIMITED

Company Registration Number:
SC259777 (Scotland)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 April 2023

End date: 30 September 2024

CRAIGON GOLF LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Additional notes
Balance sheet notes

CRAIGON GOLF LIMITED

Balance sheet

As at 30 September 2024

Notes 18 months to 30 September 2024 2023


£

£
Fixed assets
Tangible assets: 3 0 6,616
Total fixed assets: 0 6,616
Current assets
Debtors: 4 883,082 723,358
Cash at bank and in hand: 637,947 737,023
Investments: 5 0 10,000
Total current assets: 1,521,029 1,470,381
Creditors: amounts falling due within one year: 6 ( 444,730 ) ( 1,299,554 )
Net current assets (liabilities): 1,076,299 170,827
Total assets less current liabilities: 1,076,299 177,443
Creditors: amounts falling due after more than one year: 7 0 ( 56,000 )
Total net assets (liabilities): 1,076,299 121,443
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 1,066,299 111,443
Total Shareholders' funds: 1,076,299 121,443

The notes form part of these financial statements

CRAIGON GOLF LIMITED

Balance sheet statements

For the year ending 30 September 2024 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 25 October 2024
and signed on behalf of the board by:

Name: Mr David Kerr
Status: Director

The notes form part of these financial statements

CRAIGON GOLF LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows: Furniture and fittings - 25% reducing balance

    Other accounting policies

    Going concern The trading assets of the business were disposed of in the period, and consequently the company will be liquidated. Therefore the accounts are not prepared on a going concern basis.

CRAIGON GOLF LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    18 months to 30 September 2024 2023
    Average number of employees during the period 4 3

CRAIGON GOLF LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 19,733 19,733
Additions 1,219 1,219
Disposals ( 20,952 ) ( 20,952 )
Revaluations
Transfers
At 30 September 2024 0 0
Depreciation
At 1 April 2023 13,117 13,117
Charge for year 1,959 1,959
On disposals ( 15,076 ) ( 15,076 )
Other adjustments
At 30 September 2024 0 0
Net book value
At 30 September 2024 0 0
At 31 March 2023 6,616 6,616

CRAIGON GOLF LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

18 months to 30 September 2024 2023
£ £
Prepayments and accrued income 470,262
Other debtors 883,082 253,096
Total 883,082 723,358

CRAIGON GOLF LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Current assets investments note

The value of investments at 30 September 2024 was £nil (2023 - £10,000).

CRAIGON GOLF LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due within one year note

18 months to 30 September 2024 2023
£ £
Bank loans and overdrafts 44,718 24,199
Trade creditors 55,922
Taxation and social security 320,897 47,629
Accruals and deferred income 78,982 1,151,226
Other creditors 133 20,578
Total 444,730 1,299,554

CRAIGON GOLF LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

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

18 months to 30 September 2024 2023
£ £
Bank loans and overdrafts 0 56,000
Total 0 56,000