REGISTERED NUMBER: SC561184 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Craiglyon Financial Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Porter

REGISTERED OFFICE:

Mambeg

Garelochhead

Helensburgh

Argyll & Bute

G84 0EN

REGISTERED NUMBER:

SC561184 (Scotland)

ACCOUNTANTS:

Macleod Fulton

Scottcourt House

West Princes Street

Helensburgh

Argyll & Bute

G84 8BP

FIXED ASSETS

Tangible assets

4

927

1,235

Investments

5

1,117

1,063

2,044

2,298

CURRENT ASSETS

Stocks

20,291

42,000

Debtors

6

37,442

44,018

Cash at bank

7,766

15,182

65,499

101,200

CREDITORS

Amounts falling due within one year

7

38,912

48,321

NET CURRENT ASSETS

26,587

52,879

TOTAL ASSETS LESS CURRENT LIABILITIES

28,631

55,177

CREDITORS

Amounts falling due after more than one year

8

2,069

10,212

NET ASSETS

26,562

44,965

CAPITAL AND RESERVES

Called up share capital

104

104

Retained earnings

26,458

44,861

26,562

44,965

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 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 31 December 2025 and were signed by:

J Porter - Director

1.	STATUTORY INFORMATION

Craiglyon Financial Management Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

350

184

4,224

4,758

DEPRECIATION

At 1 April 2024

287

151

3,085

3,523

Charge for year

16

8

284

308

At 31 March 2025

303

159

3,369

3,831

NET BOOK VALUE

At 31 March 2025

47

25

855

927

At 31 March 2024

63

33

1,139

1,235

5.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 April 2024

1,063

Revaluations

54

At 31 March 2025

1,117

NET BOOK VALUE

At 31 March 2025

1,117

At 31 March 2024

1,063

Cost or valuation at 31 March 2025 is represented by:

Listed

investments

£

Valuation in 2025

1,117

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

37,442

44,018

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

8,143

7,943

Taxation and social security

25,397

33,732

Other creditors

5,372

6,646

38,912

48,321

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,069

10,212

9.	CONTINGENT LIABILITIES

As at 31 March 2025 the company had no contingent liabilities (2024 - £nil).

10.	CAPITAL COMMITMENTS

As at 31 March 2025 the company had no capital commitments (2024 - £nil).

11.	RELATED PARTY DISCLOSURES