REGISTERED NUMBER: 13817221 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Craig Developments Worthing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P A Craig

REGISTERED OFFICE:

Bank House Southwick Square

Southwick

Brighton

BN42 4FN

REGISTERED NUMBER:

13817221 (England and Wales)

ACCOUNTANTS:

Style Accountants Limited

Bank House

Southwick Square

Southwick

West Sussex

BN42 4FN

FIXED ASSETS

Investments

4

259

201

CURRENT ASSETS

Debtors

5

1,869,536

1,196,810

Cash at bank and in hand

43

346

1,869,579

1,197,156

CREDITORS

Amounts falling due within one year

6

1,550,910

1,067,040

NET CURRENT ASSETS

318,669

130,116

TOTAL ASSETS LESS CURRENT LIABILITIES

318,928

130,317

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

317,928

129,317

SHAREHOLDERS' FUNDS

318,928

130,317

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

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

The director acknowledges his 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.

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 director and authorised for issue on 30 September 2025 and were signed by:

P A Craig - Director

1.	STATUTORY INFORMATION

Craig Developments Worthing Ltd is a private company, limited by shares , registered in England and Wales. 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.

Investments in associates

Investments in associate undertakings are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 January 2024

201

Additions

109

Disposals

(51

)

At 31 December 2024

259

NET BOOK VALUE

At 31 December 2024

259

At 31 December 2023

201

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by participating interests

1,869,536

1,196,810

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

(1

)

-

Amounts owed to participating interests

182,679

188,100

Amounts owed to associates

905,893

855,893

Taxation and social security

-

18,547

Other creditors

462,339

4,500

1,550,910

1,067,040