REGISTERED NUMBER: 06742328 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

CRAIG TRADING (NO 6) LTD

TRADING AS

TWS

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Stuckey

REGISTERED OFFICE:

Ferrari House

258 Field End Road

Eastcote

Middlesex

HA4 9UU

REGISTERED NUMBER:

06742328 (England and Wales)

ACCOUNTANTS:

Diverset Limited

Chartered Accountants

Ferrari House

258 Field End Road

Ruislip

Middlesex

HA4 9UU

FIXED ASSETS

Tangible assets

4

388

457

CURRENT ASSETS

Stocks

182,620

175,670

Debtors

5

85,978

218,813

Cash at bank and in hand

327

1,328

268,925

395,811

CREDITORS

Amounts falling due within one year

6

328,511

501,780

NET CURRENT LIABILITIES

(59,586

)

(105,969

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(59,198

)

(105,512

)

CREDITORS

Amounts falling due after more than one year

7

68,028

28,859

NET LIABILITIES

(127,226

)

(134,371

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(127,326

)

(134,471

)

SHAREHOLDERS' FUNDS

(127,226

)

(134,371

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 her 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 10 December 2025 and were signed by:

J Stuckey - Director

1.	STATUTORY INFORMATION

Craig Trading (No 6) 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.

The director has concluded that the company is and remains a going concern based on the director's continued support and the future order book.

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

7,394

DEPRECIATION

At 1 April 2024

6,937

Charge for year

69

At 31 March 2025

7,006

NET BOOK VALUE

At 31 March 2025

388

At 31 March 2024

457

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

49,706

143,083

Other debtors

36,272

75,730

85,978

218,813

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

28,369

40,912

Trade creditors

78,309

121,634

Taxation and social security

106,622

107,692

Other creditors

115,211

231,542

328,511

501,780

Included in other creditors, is £80,397 loan provided by the director. No interest or repayment terms have been set.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

68,028

28,859

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Invoice factoring

-

147,302

Loans

-

11,279

-

158,581

The invoice factoring company had a fixed and floating charge over the all assets of the company and a personal guarantee and indemnity provided by Ms J Stuckey, the company's director, which stopped in the current year.

There are two loans outstanding from Funding circle and IWOCA which total is £43,335 (2024: £11,279) at the year end, which the director has provided a personal guarantee on.