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Source Crafters Limited

Unaudited financial statements for the year ended 28 February 2025


Company information

Source Crafters Limited is a private company limited by shares, registered in Scotland, registered number SC525698.

The company's registered office is: 272 Bath Street, Glasgow, G2 4JR, United Kingdom.

Balance Sheet

as at 28 February 2025

2025 2024
£ £
Fixed assets 9,081.92 8,065.79
Current assets 48,290.21 28,973.94
Prepayments and accrued income 0.00 51.00
Creditors: amounts falling due within one year (44,322.27) (35,246.94)
Net current assets / (liabilities) 3,967.94 (6,222.00)
Total assets less current liabilities 13,049.86 1,843.79
Accruals and deferred income (1,070.00) (100.00)
Net assets 11,979.86 1,743.79
Capital and reserves 11,979.86 1,743.79

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Directors' responsibilities:

Approved by the board of directors and signed on behalf of the board,

Andrew Gibson
30 November 2025

Notes to the accounts

  1. Average number of employees

    During the year the average number of employees was 1 (2024: 1).

  2. Director Advances Credits Note

    At the balance sheet date of 28 February 2025, the director owed the company £23,972 (2024 £8,750). Interest was received in respect of this loan at a rate of 2.25% per annum. The loan is unsecured, repayable on demand and included inthe balance sheet in debtors falling due within one year.