CRAMONT LIMITED

Company Registration Number:
SC068710 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

CRAMONT LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Additional notes
Balance sheet notes

CRAMONT LIMITED

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 874 1,284
Investments: 4 1,093,995 1,086,726
Total fixed assets: 1,094,869 1,088,010
Current assets
Debtors: 5 16 40
Cash at bank and in hand: 513,469 527,297
Total current assets: 513,485 527,337
Creditors: amounts falling due within one year: 6 ( 355,689 ) ( 425,620 )
Net current assets (liabilities): 157,796 101,717
Total assets less current liabilities: 1,252,665 1,189,727
Provision for liabilities: ( 33,960 ) ( 33,960 )
Total net assets (liabilities): 1,218,705 1,155,767
Capital and reserves
Called up share capital: 10,000 10,000
Other reserves: 445,128 431,307
Profit and loss account: 763,577 714,460
Total Shareholders' funds: 1,218,705 1,155,767

The notes form part of these financial statements

CRAMONT LIMITED

Balance sheet statements

For the year ending 30 June 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 28 March 2025
and signed on behalf of the board by:

Name: Mr William R Montgomery
Status: Director

The notes form part of these financial statements

CRAMONT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 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

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation Depreciation is charged so as to write off the cost of assets, over estimated useful lives, as follows: Asset class Depreciation method and rate Fixtures & Fittings 25% reducing balance and 33% straight line

    Valuation information and policy

    Investment property is carried at fair value. The director, W R Montgomery, carried out a market valuation of these properties at 25 March 2019, and in the opinion of the directors, this valuation is appropriate to be used at 30 June 2024.

CRAMONT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

CRAMONT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 7,626 7,626
Additions
Disposals
Revaluations
Transfers
At 30 June 2024 7,626 7,626
Depreciation
At 1 July 2023 6,342 6,342
Charge for year 410 410
On disposals
Other adjustments
At 30 June 2024 6,752 6,752
Net book value
At 30 June 2024 874 874
At 30 June 2023 1,284 1,284

CRAMONT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Fixed assets investments note

At 1 July 2023 and 30 June 2024 800,000 Fair value of investment properties is based on a valuation carried out by W R Montgomery in March 2019. W R Montgomery is internal to the company. The directors consider this valuation to reflect the fair value at the year end.

CRAMONT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors

2024 2023
£ £
Other debtors 16 40
Total 16 40

CRAMONT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 10,622 8,621
Accruals and deferred income 1,911 1,843
Other creditors 343,156 415,156
Total 355,689 425,620