| Craig Williams Designs & Innovations Ltd |
| Registered Number:09562309 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
Craig Williams Designs & Innovations Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
62,796
15,835
2
62,796
15,835
21,345
735
3
| Trade and other receivables |
43,899
12,947
4
108,325
| Cash and cash equivalents |
120,094
133,776
173,569
| Trade and other payables: amounts falling due within one year |
(65,039)
(36,417)
5
108,530
97,359
Net current assets
| Total assets less current liabilities |
160,155
124,365
160,155
Net assets
124,365
2
2
160,153
124,363
160,155
124,365
Shareholders' funds
| For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Craig Williams Director |
| These financial statements were approved and authorised for issue by the Board on 09 October 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Craig Williams Designs & Innovations Ltd
Notes to the Financial Statements
Statutory Information
| Craig Williams Designs & Innovations Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 09562309. |
Hill View
Station Road
Broadway
Worcestershire
WR12 7DE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting |
| Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. |
| The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain |
| assets. |
Changes in accounting policies
| The principal accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all the years presented unless otherwise stated. No changes have arisen as a result of the transition to Section 1A of Financial Reporting Standard 102. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2025
Craig Williams Designs & Innovations Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
68,656
5,711
1,011
31,605
14,001
16,328
59,395
-
-
59,395
-
-
16,328
91,000
1,011
5,711
128,051
14,001
| Provision for depreciation and impairment |
52,821
5,432
1,011
18,963
11,087
16,328
Charge for year
12,434
279
-
11,572
583
-
65,255
5,711
1,011
30,535
11,670
16,328
-
2,331
60,465
-
-
62,796
-
2,914
12,642
-
279
15,835
2024
2025
735
21,345
| 4. Trade and other receivables |
2024
2025
-
8,000
12,947
35,899
43,899
12,947
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
35,945
31,282
472
33,757
36,417
65,039
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For the year ended 31 March 2025
Craig Williams Designs & Innovations Ltd
Notes to the Financial Statements Continued
| 6. Directors advances and guarantees |
Loaned
Repaid
Mr Craig Williams
Interest free loan
460
14,173
11,287
25,000
460
14,173
11,287
25,000
Mrs Jo Williams
Interest free loan
460
14,173
11,287
25,000
460
14,173
11,287
25,000
| 7. Average number of persons employed |
During the year the average number of employees was 2.
| The principal accounting polices applied in the preparation of the financial statements are set out above. These policies have |
| been consistently applied to all the years presented, unless otherwise stated. No changes have arisen as a result of the |
| transition to Section 1A of Financial Reporting Standard 102. |
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