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Registered number: 01131438
Craven & Findlay Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
V.G. Woodhouse & Co.
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 01131438
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 16,410 18,741
Tangible Assets 5 57,923 62,340
74,333 81,081
CURRENT ASSETS
Debtors 5,918 3,871
Cash at bank and in hand 11,670 7,259
17,588 11,130
Creditors: Amounts Falling Due Within One Year (29,379 ) (28,602 )
NET CURRENT ASSETS (LIABILITIES) (11,791 ) (17,472 )
TOTAL ASSETS LESS CURRENT LIABILITIES 62,542 63,609
Creditors: Amounts Falling Due After More Than One Year (38,697 ) (60,500 )
NET ASSETS 23,845 3,109
CAPITAL AND RESERVES
Called up share capital 6 10,000 10,000
Profit and Loss Account 13,845 (6,891 )
SHAREHOLDERS' FUNDS 23,845 3,109
Page 1
Page 2
For the year ending 31 December 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr R Hodgkinson
Director
6th September 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Craven & Findlay Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01131438 . The registered office is High House Harlington Road, Hillingdon, Middlesex, UB8 3HX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are amortised to profit and loss account over their estimated economic life of ten years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 6.67% on cost
Plant & Machinery 20% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 4)
3 4
4. Intangible Assets
Total
£
Cost
As at 1 January 2024 23,250
As at 31 December 2024 23,250
Amortisation
As at 1 January 2024 4,509
Provided during the period 2,331
As at 31 December 2024 6,840
Net Book Value
As at 31 December 2024 16,410
As at 1 January 2024 18,741
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5. Tangible Assets
Total
£
Cost
As at 1 January 2024 66,577
Additions 803
Disposals (2,521 )
As at 31 December 2024 64,859
Depreciation
As at 1 January 2024 4,237
Provided during the period 5,220
Disposals (2,521 )
As at 31 December 2024 6,936
Net Book Value
As at 31 December 2024 57,923
As at 1 January 2024 62,340
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10,000 10,000
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