2023-09-01 2024-08-31 2024-08-31 Trading false The accounts were prepared in accordance with frs102 With an accountants report AbridgedAccounts This company is a private limited company 10313133 2024-08-31 10313133 2023-08-31 10313133 2022-08-31 10313133 2023-09-01 2024-08-31 10313133 2022-09-01 2023-08-31 10313133 uk-cd-pres:AllEntityOfficers 2023-09-01 2024-08-31 10313133 uk-cd-pres:AllEntityOfficers 2022-09-01 2023-08-31 10313133 uk-cd-pres:CompanySecretary1 2023-09-01 2024-08-31 10313133 uk-cd-pres:CompanySecretaryDirector1 2023-09-01 2024-08-31 10313133 uk-cd-pres:CompanySecretaryDirector1 2024-08-31 10313133 uk-cd-pres:Director1 2023-09-01 2024-08-31 10313133 uk-cd-pres:Director1 2024-08-31 10313133 uk-cd-pres:AllOrdinaryShares 2024-08-31 10313133 uk-cd-pres:AllPreferenceShares 2024-08-31 10313133 uk-cd-pres:AllOrdinaryShares 2023-08-31 10313133 uk-cd-pres:AllPreferenceShares 2023-08-31 10313133 uk-cd-pres:AllOrdinaryShares 2023-09-01 2024-08-31 10313133 uk-cd-pres:AllPreferenceShares 2023-09-01 2024-08-31 10313133 uk-cd-pres:AllOrdinaryShares 2022-09-01 2023-08-31 10313133 uk-cd-pres:AllPreferenceShares 2022-09-01 2023-08-31 10313133 uk-cd-pres:RegisteredOffice 2023-09-01 2024-08-31 10313133 uk-cd-pres:EntityAccountantsOrAuditors 2024-08-31 10313133 uk-cd-pres:EntityAccountantsOrAuditors 2023-09-01 2024-08-31 10313133 uk-cd-pres:EntityAccountantsOrAuditors 2022-09-01 2023-08-31 10313133 uk-cd-pres:EntityBankers 2023-09-01 2024-08-31 10313133 uk-cd-pres:EntityLawyersOrLegalAdvisers 2023-09-01 2024-08-31 10313133 uk-countries:UnitedKingdom 2023-09-01 2024-08-31 10313133 uk-countries:Europe 2023-09-01 2024-08-31 10313133 uk-countries:NorthAmerica 2023-09-01 2024-08-31 10313133 uk-countries:OtherCountriesRegions 2023-09-01 2024-08-31 10313133 uk-countries:UnitedKingdom 2022-09-01 2023-08-31 10313133 uk-countries:Europe 2022-09-01 2023-08-31 10313133 uk-countries:NorthAmerica 2022-09-01 2023-08-31 10313133 uk-countries:OtherCountriesRegions 2022-09-01 2023-08-31 10313133 uk-gaap-pt:OwnedOrFreeholdTangibleFixedAssets 2023-09-01 2024-08-31 10313133 uk-gaap-pt:LeasedTangibleFixedAssets 2023-09-01 2024-08-31 10313133 uk-gaap-pt:OwnedOrFreeholdTangibleFixedAssets 2022-09-01 2023-08-31 10313133 uk-gaap-pt:LeasedTangibleFixedAssets 2022-09-01 2023-08-31 10313133 uk-gaap-pt:OwnedAssets 2023-09-01 2024-08-31 10313133 uk-gaap-pt:LeasedAssets 2023-09-01 2024-08-31 10313133 uk-gaap-pt:OwnedAssets 2022-09-01 2023-08-31 10313133 uk-gaap-pt:LeasedAssets 2022-09-01 2023-08-31 10313133 uk-gaap-pt:LeasedAssetsHeldAsLessee 2024-08-31 10313133 uk-gaap-pt:LeasedAssetsHeldAsLessee 2023-08-31 10313133 uk-gaap-pt:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 10313133 uk-gaap-pt:LeasedAssetsHeldAsLessee 2022-09-01 2023-08-31 10313133 uk-gaap-pt:NetGoodwill 2023-08-31 10313133 uk-gaap-pt:RecipesFormulaeModelsDesignsPrototypes 2023-08-31 10313133 uk-gaap-pt:CopyrightsPatentsTrademarksServiceOperatingRights 2023-08-31 10313133 uk-gaap-pt:OtherResidualIntangibleAssets 2023-08-31 10313133 uk-gaap-pt:NetGoodwill 2023-09-01 2024-08-31 10313133 uk-gaap-pt:RecipesFormulaeModelsDesignsPrototypes 2023-09-01 2024-08-31 10313133 uk-gaap-pt:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-01 2024-08-31 10313133 uk-gaap-pt:OtherResidualIntangibleAssets 2023-09-01 2024-08-31 10313133 uk-gaap-pt:NetGoodwill 2024-08-31 10313133 uk-gaap-pt:RecipesFormulaeModelsDesignsPrototypes 2024-08-31 10313133 uk-gaap-pt:CopyrightsPatentsTrademarksServiceOperatingRights 2024-08-31 10313133 uk-gaap-pt:OtherResidualIntangibleAssets 2024-08-31 10313133 uk-gaap-pt:Buildings 2023-09-01 2024-08-31 10313133 uk-gaap-pt:Land 2023-09-01 2024-08-31 10313133 uk-gaap-pt:LandBuildings 2023-08-31 10313133 uk-gaap-pt:PlantMachinery 2023-08-31 10313133 uk-gaap-pt:FurnitureFittings 2023-08-31 10313133 uk-gaap-pt:FurnitureFittings 2023-08-31 10313133 uk-gaap-pt:OfficeEquipment 2023-08-31 10313133 uk-gaap-pt:Vehicles 2023-08-31 10313133 uk-gaap-pt:LandBuildings 2023-09-01 2024-08-31 10313133 uk-gaap-pt:PlantMachinery 2023-09-01 2024-08-31 10313133 uk-gaap-pt:FurnitureFittings 2023-09-01 2024-08-31 10313133 uk-gaap-pt:FurnitureFittings 2023-09-01 2024-08-31 10313133 uk-gaap-pt:OfficeEquipment 2023-09-01 2024-08-31 10313133 uk-gaap-pt:Vehicles 2023-09-01 2024-08-31 10313133 uk-gaap-pt:LandBuildings 2024-08-31 10313133 uk-gaap-pt:PlantMachinery 2024-08-31 10313133 uk-gaap-pt:FurnitureFittings 2024-08-31 10313133 uk-gaap-pt:OfficeEquipment 2024-08-31 10313133 uk-gaap-pt:Vehicles 2024-08-31 10313133 uk-gaap-ptx:AdministrativeExpenses 2023-09-01 2024-08-31 10313133 uk-gaap-ptx:AdministrativeExpenses 2022-09-01 2023-08-31 10313133 uk-gaap-ptx:CostSales 2023-09-01 2024-08-31 10313133 uk-gaap-ptx:CostSales 2022-09-01 2023-08-31 10313133 uk-gaap-ptx:DistributionCosts 2023-09-01 2024-08-31 10313133 uk-gaap-ptx:DistributionCosts 2022-09-01 2023-08-31 10313133 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2024-08-31 10313133 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2023-08-31 10313133 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2024-08-31 10313133 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2023-08-31 10313133 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2024-08-31 10313133 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2023-08-31 10313133 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2024-08-31 10313133 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2023-08-31 10313133 uk-gaap-pt:CurrentFinancialInstruments 2024-08-31 10313133 uk-gaap-pt:CurrentFinancialInstruments 2023-08-31 10313133 uk-gaap-pt:WithinOneYear 2024-08-31 10313133 uk-gaap-pt:BetweenOneTwoYears 2024-08-31 10313133 uk-gaap-pt:BetweenTwoFiveYears 2024-08-31 10313133 uk-gaap-pt:MoreThanFiveYears 2024-08-31 10313133 uk-gaap-pt:AfterOneYear 2024-08-31 10313133 uk-gaap-pt:WithinOneYear 2023-08-31 10313133 uk-gaap-pt:BetweenOneTwoYears 2023-08-31 10313133 uk-gaap-pt:BetweenTwoFiveYears 2023-08-31 10313133 uk-gaap-pt:MoreThanFiveYears 2023-08-31 10313133 uk-gaap-pt:AfterOneYear 2023-08-31 10313133 uk-gaap-pt:ShareCapital 2024-08-31 10313133 uk-gaap-pt:SharePremium 2024-08-31 10313133 uk-gaap-pt:RetainedEarningsAccumulatedLosses 2024-08-31 10313133 uk-gaap-pt:RevaluationReserve 2024-08-31 10313133 uk-gaap-pt:OtherReservesSubtotal 2024-08-31 10313133 uk-gaap-pt:ShareCapital 2023-08-31 10313133 uk-gaap-pt:SharePremium 2023-08-31 10313133 uk-gaap-pt:RetainedEarningsAccumulatedLosses 2023-08-31 10313133 uk-gaap-pt:RevaluationReserve 2023-08-31 10313133 uk-gaap-pt:OtherReservesSubtotal 2023-08-31 10313133 1 2023-09-01 2024-08-31 10313133 2 2023-09-01 2024-08-31 10313133 uk-cd-pres:FRS102 2023-09-01 2024-08-31 10313133 uk-cd-pres:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 10313133 uk-cd-pres:FullAccounts 2023-09-01 2024-08-31 10313133 uk-cd-pres:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
 
 
 
 
 
 
 
Craig Wills Ltd
 
 
Company Registration Number
10313133
 
 
Report of the Directors and
Unaudited Financial Statements
 
 
Period of accounts
 
Start date 01/09/2023
 
End date 31/08/2024
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 1
Craig Wills Ltd
 
Contents of the Financial Statements
for the Period Ended 31 August 2024
 
 
Page
Company Information 3
 
Report of the Directors 4
 
Report of the Accountants 5
 
Profit and Loss Account 6
 
Balance Sheet 7 - 8
 
Notes to the Financial Statements 9 - 13
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 2
Craig Wills Ltd
Company Information
for the Period Ended 31 August 2024
 
Directors C Wills
 
 
Registered office 24 Downsview
Chatham
Kent
ME5 0AP
 
Company Registration Number 10313133
 
Accountants Name B R Pusser & Co Ltd
Address 24 Downsview
Chatham
Kent
ME5 0AP
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 3
Craig Wills Ltd
Directors Report
for the Period Ended 31 August 2024
The directors present their report with the financial statements of the company for the
period ended 31 August 2024
Principal activities
The principal activity of the company in the period under review was
Painters & decorators
Directors
The director(s) shown below have held office during the whole of the period
C Wills
Company policy on the employment of disabled persons
It is the companys policy to give employment to disabled persons wherever practicable.
Small Company Provisions
These accounts have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
 
This report was approved by the board of directors on 2025-05-02
and signed on behalf of the board by
Name C Wills
Status Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 4
Craig Wills Ltd
 
Accountants' Report
for the Period Ended 31 August 2024
 
Independent accountants' report
 
Report to the directors on the preparation of the unaudited statutory accounts of the company for theperiod ended 31 August 2024. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of the company for the period ended 31 August 2024 as set out on pages 3 to 15 which comprise of Profit and Loss Account, the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us. This report is made solely to the Board of Directors of the company, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the
accounts of the company and state those matters that we have agreed to state to the Board of Directors
of the company, as a body, in this report. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than the company and its Board of Directors as a body for our
work or for this report.
 
It is your duty to ensure the company has kept adequate accounting records and to prepare statutory
accounts that give a true and fair view of the assets, liabilities, financial position and profit/(loss) of
the company. You consider the company is exempt from the statutory audit requirement for the
period.
We have not been instructed to carry out an audit of the financial statements. For this reason, we
have not verified the accuracy or completeness of the accounting records or information and
explanations you have given to us and we do not, therefore, express any opinion on the financial
statements.
 
 
 
 
 
 
 
B R Pusser & Co Ltd
24 Downsview
Chatham
Kent
ME5 0AP
 
Date 2025-05-02
Page 5
Craig Wills Ltd
 
Profit and Loss Account
for the Period Ended 31 August 2024
2024 2,023
Notes £ £
 
Turnover 2 502,770 603,836
Cost of sales 403,466 478,443
______ ______
Gross Profit/(Loss) 99,304 125,393
 
Administrative expenses 16,138 13,745
______ ______
Operating costs 16,138 13,745
 
______ ______
Operating Profit/(Loss) 3 83,166 111,648
______ ______
Profit/(Loss) on ordinary activities before taxation 83,166 111,648
 
Tax on profit on ordinary activities 6 18,289 23,156
_____ _____
Profit/(Loss) for the financial period after taxation 64,877 88,492
There were no recognised gains or losses other than the profit/(loss) shown attributable to the
shareholders for the period ended 31 August 2024
 
The notes form part of these financial statements
 
 
 
 
 
 
 
 
 
 
 
Page 6
Craig Wills Ltd
Balance Sheet
for the Period Ended 31 August 2024
Company registration number 10313133
2024 2,023
Notes £ £
Current assets
Debtors 9 74,762 125,577
Cash at bank and in hand 96,634 117,809
_______ _______
Total current assets/(liabilities) 171,396 243,386
Creditors
Creditors - amounts falling
due within one year 10 91,772 147,283
_______ _______
Net current assets 79,624 96,103
_______ _______
Total assets less current liabilities 79,624 96,103
_______ _______
Creditors - amounts falling
due after more than one year 11 12,444 21,528
_______ _______
Long term creditors 12,444 21,528
_____ _____
Net assets/(liabilities) 67,180 74,575
Capital and reserves
Called up share capital 12 1 1
Profit and loss account 13 67,179 74,574
_____ _____
Total shareholders funds 67,180 74,575
 
 
 
 
 
 
 
 
 
 
 
 
Page 7
Craig Wills Ltd
 
Balance Sheet
for the Period Ended 31 August 2024
 
 
 
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
 
For the year ending 31 August 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.
 
The financial statements were approved by the Board of Directors on 2025-05-02
 
SIGNED ON BEHALF OF THE BOARD BY
 
 
 
 
 
 
 
Name C Wills
 
The notes form part of these financial statements
Average number of employees during period 2
 
 
 
 
 
 
 
 
 
Page 8
Craig Wills Ltd
Notes to the Financial Statements
for the Period Ended 31 August 2024
1. Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the small companies regime.
Turnover
The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 9
Craig Wills Ltd
Notes to the Financial Statements
for the Period Ended 31 August 2024
2. Turnover 2024 2,023
£ £
United Kingdom 502,770 603,836
______ ______
Total 502,770 603,836
3. Operating profit/(loss) 2024 2,023
Profit before tax as stated after charging the following £ £
Accountants and audit fees 5,500 5,500
4. Directors' remuneration 2024 2,023
£ £
Directors remuneration 12,000 12,000
Value of directors pension contributions
_____ _____
Total 12,000 12,000
The number of Directors accruing pension benefits was
5. Employees 2024 2,023
£ £
Wages and salaries 12,000 12,000
_____ _____
Total staff costs 12,000 12,000
6. Taxation
The tax charge on the profit on ordinary activities 2024 2,023
for the period was as follows £ £
UK Corporation Tax net of reliefs 18,289 23,156
_____ _____
Tax on profit on ordinary activities 18,289 23,156
7. Dividends 2024 2,023
£ £
Dividend on ordinary shares paid in period 72,272 33,800
 
 
 
 
 
 
 
 
 
 
 
 
Page 10
Craig Wills Ltd
Notes to the Financial Statements
for the Period Ended 31 August 2024
8. Tangible fixed assets
Motor Total
vehicles
Cost £ £
At 1 September 2023 14,100 14,100
_____ _____
At 31 August 2024 14,100 14,100
Depreciation
At 1 September 2023 14,100 14,100
_____ _____
At 31 August 2024 14,100 14,100
Net book value
At 31 August 2024 0 0
At 31 August 2023 0 0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 11
Craig Wills Ltd
Notes to the Financial Statements
for the Period Ended 31 August 2024
9. Debtors 2024 2,023
Other debtors 46,847 48,389
Prepayments and accrued income 27,915 77,188
_____ ______
Total 74,762 125,577
10. Creditors amounts falling due within one year 2024 2,023
Trade creditors 48,705 34,587
Corporation tax 18,289 39,835
Other taxation and social security 24,778 72,861
_____ ______
Total 91,772 147,283
11. Creditors amounts falling due after more than one year 2024 2,023
Bank loans 12,444 21,528
_____ _____
Total 12,444 21,528
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 12
Craig Wills Ltd
Notes to the Financial Statements
for the Period Ended 31 August 2024
12. Share capital 2024 2,023
Authorised type Par value £ £
Ordinary 1 1 1
_ _
Total 1 1
Allotted, called up and paid £ £
Ordinary 1 1
_ _
Total 1 1
13. Reserves/Retained profit
Retained profit reconciliation £
Reserves at 1 September 2023 74,574
Profit/(Loss) for year 64,877
Dividends paid 72,272
_____
Retained Profit/(Loss) at 31 August 2024 67,179
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 13