ROBERT CRAIG & SONS LIMITED

Company Registration Number:
NI063921 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

ROBERT CRAIG & SONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

ROBERT CRAIG & SONS LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Intangible assets: 3 56,000 64,000
Tangible assets: 4 2,418 4,308
Total fixed assets: 58,418 68,308
Current assets
Stocks: 172,383 199,051
Debtors: 5 815,470 571,281
Cash at bank and in hand: 213,372 151,698
Total current assets: 1,201,225 922,030
Creditors: amounts falling due within one year: 6 (597,503) (508,634)
Net current assets (liabilities): 603,722 413,396
Total assets less current liabilities: 662,140 481,704
Provision for liabilities: (459) (818)
Total net assets (liabilities): 661,681 480,886
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 661,581 480,786
Shareholders funds: 661,681 480,886

The notes form part of these financial statements

ROBERT CRAIG & SONS LIMITED

Balance sheet statements

For the year ending 31 December 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 September 2025
and signed on behalf of the board by:

Name: D J Craig Esq
Status: Director

The notes form part of these financial statements

ROBERT CRAIG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ROBERT CRAIG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

ROBERT CRAIG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible Assets

Total
Cost £
At 01 January 2024 160,000
At 31 December 2024 160,000
Amortisation
At 01 January 2024 96,000
Charge for year 8,000
At 31 December 2024 104,000
Net book value
At 31 December 2024 56,000
At 31 December 2023 64,000

ROBERT CRAIG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 248,004
At 31 December 2024 248,004
Depreciation
At 01 January 2024 243,696
Charge for year 1,890
At 31 December 2024 245,586
Net book value
At 31 December 2024 2,418
At 31 December 2023 4,308

ROBERT CRAIG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

ROBERT CRAIG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due within one year note

Creditors - amounts falling due with on year 2024 2023 £ £ Trade creditors 498,365 412,713 Taxation and social security 93,150 74,171 Other creditors 5,988 21,750 TOTAL 597,503 508,634

ROBERT CRAIG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Financial commitments

Other financial commitments 2024 2023 £ £ Provisions have been made in the current year's financial statements for one-off exceptional items:- 1. Long services bonuses - £26,000 2. Boiler replacement - £7,929 - 33,929

ROBERT CRAIG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Related party transactions

Name of the related party: Mr and Mrs D J Craig
Relationship:
Director / Shareholders
Description of the Transaction: The director had an interest requiring disclosure as rent of £30,000 was paid by the company to Mr and Mrs D J Craig as proprietors of the property from which the company operates. This arrangement has now ceased as the property was sold to Electrical and Pump Services Limited on 16th December 2024.
£
Balance at 01 January 2024 0
Balance at 31 December 2024 30,000