REGISTERED NUMBER: SC368438 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

CROMDALE MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J Callan

K W Waitt

REGISTERED OFFICE:

Amicable House

252 Union Street

Aberdeen

AB10 1TN

REGISTERED NUMBER:

SC368438 (Scotland)

FIXED ASSETS

Investments

4

-

7,753

CURRENT ASSETS

Debtors

5

326,535

328,641

Cash at bank

312

8,783

326,847

337,424

CREDITORS

Amounts falling due within one year

6

13,451

13,386

NET CURRENT ASSETS

313,396

324,038

TOTAL ASSETS LESS CURRENT LIABILITIES

313,396

331,791

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

313,394

331,789

313,396

331,791

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 directors acknowledge their 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 Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

M J Callan - Director

1.	STATUTORY INFORMATION

Cromdale Management Ltd is a private company, limited by shares , registered in Scotland. 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.

Investments in associates

Investments in associate undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 April 2024

7,753

Share of profit/(loss)

(12,835

)

Impairments

5,082

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

7,753

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,179

-

Amounts owed by group undertakings

182,423

182,423

Amounts owed by associates

61,595

61,595

Other debtors

81,338

84,623

326,535

328,641

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,801

20

Taxation and social security

-

67

Other creditors

11,650

13,299

13,451

13,386

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

M J Callan

Balance outstanding at start of year

22,001

75,001

Amounts repaid

-

(53,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

22,001

22,001

K W Waitt

Balance outstanding at start of year

(9,999

)

(9,999

)

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(9,999

)

(9,999

)

8.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors.