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REGISTERED NUMBER: SC169352 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Craufurdland Limited

Craufurdland Limited (Registered number: SC169352)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Craufurdland Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: S D Houison Craufurd
Mrs A P Houison Craufurd





REGISTERED OFFICE: Craufurdland Castle
Craufurdland Estate
Kilmarnock
Ayrshire
KA3 6BS





REGISTERED NUMBER: SC169352 (Scotland)





ACCOUNTANTS: EQ Accountants Ltd
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Craufurdland Limited (Registered number: SC169352)

Statement of Financial Position
31 October 2024

31/10/24 31/10/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,957,878 1,968,433

CURRENT ASSETS
Stocks 4,000 4,000
Debtors 5 122,663 31,071
Cash in hand 45 45
126,708 35,116
CREDITORS
Amounts falling due within one year 6 406,364 343,737
NET CURRENT LIABILITIES (279,656 ) (308,621 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,678,222

1,659,812

CREDITORS
Amounts falling due after more than one
year

7

591,028

618,776
NET ASSETS 1,087,194 1,041,036

CAPITAL AND RESERVES
Called up share capital 954,644 954,644
Retained earnings 132,550 86,392
1,087,194 1,041,036

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Craufurdland Limited (Registered number: SC169352)

Statement of Financial Position - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2025 and were signed on its behalf by:





S D Houison Craufurd - Director


Craufurdland Limited (Registered number: SC169352)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Craufurdland Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Craufurdland Limited (Registered number: SC169352)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2023
and 31 October 2024 1,924,960 113,079 33,166
DEPRECIATION
At 1 November 2023 - 103,430 27,263
Charge for year - 2,098 1,476
At 31 October 2024 - 105,528 28,739
NET BOOK VALUE
At 31 October 2024 1,924,960 7,551 4,427
At 31 October 2023 1,924,960 9,649 5,903

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 66,230 10,143 2,147,578
DEPRECIATION
At 1 November 2023 40,961 7,491 179,145
Charge for year 6,318 663 10,555
At 31 October 2024 47,279 8,154 189,700
NET BOOK VALUE
At 31 October 2024 18,951 1,989 1,957,878
At 31 October 2023 25,269 2,652 1,968,433

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Trade debtors 56,637 14,739
Other debtors 66,026 16,332
122,663 31,071

Craufurdland Limited (Registered number: SC169352)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Bank loans and overdrafts 123,911 146,167
EST Loan 10,246 10,246
Hire purchase contracts 1,233 2,958
Trade creditors 6,935 4,855
Social security and other taxes 840 1,948
VAT 20,087 14,705
Other creditors 120,676 44,664
Directors' loan accounts 118,236 114,194
Accrued expenses 4,200 4,000
406,364 343,737

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/24 31/10/23
£    £   
Bank Loans - more than 1 Year 573,468 589,736
EST Loan 17,560 27,807
Hire purchase contracts - 1,233
591,028 618,776