Company Registration No. SC337186 (Scotland)
C. Craig Limited
Unaudited accounts
for the year ended 29 February 2024
C. Craig Limited
Unaudited accounts
Contents
C. Craig Limited
Company Information
for the year ended 29 February 2024
Director
Christopher Craig
Company Number
SC337186 (Scotland)
Registered Office
Suite 2.11
94 Hope Street
Glasgow
G2 6PH
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
C. Craig Limited
Statement of financial position
as at 29 February 2024
Tangible assets
32,841
33,654
Creditors: amounts falling due within one year
(43,312)
(18,837)
Net current (liabilities)/assets
(1,160)
44,572
Called up share capital
1
1
Profit and loss account
31,680
78,225
Shareholders' funds
31,681
78,226
For the year ending 29 February 2024 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 15 November 2024 and were signed on its behalf by
Christopher Craig
Director
Company Registration No. SC337186
C. Craig Limited
Notes to the Accounts
for the year ended 29 February 2024
C. Craig Limited is a private company, limited by shares, registered in Scotland, registration number SC337186. The registered office is Suite 2.11, 94 Hope Street, Glasgow, G2 6PH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
25,000
3,012
30,667
58,679
At 29 February 2024
25,000
3,012
32,467
60,479
At 1 March 2023
-
2,843
22,182
25,025
Charge for the year
-
42
2,571
2,613
At 29 February 2024
-
2,885
24,753
27,638
At 29 February 2024
25,000
127
7,714
32,841
At 28 February 2023
25,000
169
8,485
33,654
C. Craig Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
14,559
7,385
Accrued income and prepayments
8,336
38,253
Other debtors
19,257
17,771
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
2,268
Other creditors
3,000
1,800
Loans from directors
39,560
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 4 (2023: 5).