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# CRAIG ENTERPRISES LIMITED

## Company Registration Number:
04278577 (England and Wales)

## Unaudited abridged accounts for the year ended 31 October 2025

## Period of accounts

## Start date: 01 November 2024

## End date: 31 October 2025

# CRAIG ENTERPRISES LIMITED

## Contents of the Financial Statements

for the Period Ended 31 October 2025

Company Information - 3 |
Report of the Directors - 4 |
Balance sheet - 5 |
Additional notes - 7 |
Balance sheet notes - 11 |

# CRAIG ENTERPRISES LIMITED

## Company Information

for the Period Ended 31 October 2025

Director: |  | Patricia M Harkin
Secretary: |  | Patricia M Harkin
Registered office: |  | Unit 4 Bassington Industrial Estate Cramlington GBR NE23 8AF
Company Registration Number: |  | 04278577 (England and Wales)

# CRAIG ENTERPRISES LIMITED

## Directors' Report Period Ended 31 October 2025

The directors present their report with the financial statements of the company for the period ended 31 October 2025

Principal Activities

The principal activity of the company in the year under review was that of Drainage Services.

Additional information

Hire Purchase Agreements Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis. Stocks Stock (where appropriate) is valued at the lower of cost and net realisable value, after making due allowances for obsolete and slow moving items, by the directors. Pensions The company operates a pension scheme made up of employee and employer contributions under a company scheme.

Directors

The directors shown below have held office during the whole of the period from 01 November 2024 to 31 October 2025
Patricia M Harkin

Secretary
Patricia M Harkin

This report was approved by the board of directors on 18 February 2026
And Signed On Behalf Of The Board By:

Name: Patricia M Harkin
Status: Director

# CRAIG ENTERPRISES LIMITED

## Balance sheet

As at 31 October 2025

| Notes | 2025 £ | 2024 £
--- | --- | --- | ---
Fixed assets
Intangible assets: | 5 | 334,400 | 334,400
Tangible assets: | 6 | 573,005 | 490,907
Total fixed assets: |  | 907,405 | 825,307
Current assets
Stocks: |  | 2,850 | 2,850
Debtors: |  | 713,241 | 490,366
Cash at bank and in hand: |  | 53,135 | 54,720
Total current assets: |  | 769,226 | 547,936
Creditors: amounts falling due within one year: |  | ( 511,180 ) | ( 406,870 )
Net current assets (liabilities): |  | 258,046 | 141,066
Total assets less current liabilities: |  | 1,165,451 | 966,373
Creditors: amounts falling due after more than one year: |  | ( 33,399 ) | ( 11,910 )
Provision for liabilities: |  | ( 18,597 ) | ( 39,121 )
Total net assets (liabilities): |  | 1,113,455 | 915,342

The notes form part of these financial statements

# CRAIG ENTERPRISES LIMITED

## Balance sheet continued

As at 31 October 2025

| Notes | 2025 £ | 2024 £
--- | --- | --- | ---
Capital and reserves
Called up share capital: |  | 50 | 50
Profit and loss account: |  | 1,113,405 | 915,292
Shareholders funds: |  | 1,113,455 | 915,342

For the year ending 31 October 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

This report was approved by the board of directors on 18 February 2026
And Signed On Behalf Of The Board By:

Name: Patricia M Harkin
Status: Director

The notes form part of these financial statements

# CRAIG ENTERPRISES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2025

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover
  Turnover represents net invoiced sales of goods and services, excluding Value Added Tax. All sales are UK based.

  Tangible fixed assets depreciation policy

  Tangible Fixed Assets
  Depreciation is provided at the following annual rates in order to write off each tangible fixed asset over its estimated
  useful life:
  Plant and machinery 10% (reducing balance)
  Office equipment and fixtures/fittings 15% (reducing balance)
  Motor Vehicles 25% (reducing balance)

  Intangible fixed assets amortisation policy

  Intangible Assets
  Amortisation is provided at the following annual rates in order to write off each intangible fixed asset over its estimated
  useful life:
  Goodwill 10% (straight line)

  Valuation information and policy

  Accounting Convention
  The financial statements have been prepared under the historical costs convention and in accordance with the Financial
  Reporting Standard for Smaller Entities (effective April 2008).

# CRAIG ENTERPRISES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 33 | 28

# CRAIG ENTERPRISES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2025

- ## 3. Off balance sheet disclosure

  No

# CRAIG ENTERPRISES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2025

## 4. Dividends

| 2025 £ | 2024 £
--- | --- | ---
Dividends paid | 14,740 | 28,551

# CRAIG ENTERPRISES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2025

- ## 5. Intangible assets

  | Total
  --- | ---
  Cost | £
  At 01 November 2024 | 457,215
  Additions | -
  Disposals | -
  Revaluations | -
  Transfers | -
  At 31 October 2025 | 457,215
  Amortisation |
  Amortisation at 01 November 2024 | 122,815
  Charge for year | -
  On disposals | -
  Other adjustments | -
  Amortisation at 31 October 2025 | 122,815
  Net book value |
  Net book value at 31 October 2025 | 334,400
  Net book value at 31 October 2024 | 334,400

# CRAIG ENTERPRISES LIMITED

## Notes to the Financial Statements

for the Period Ended 31 October 2025

## 6. Tangible Assets

| Total
--- | ---
Cost | £
At 01 November 2024 | 1,287,282
Additions | 185,166
Disposals | -
Revaluations | -
Transfers | -
At 31 October 2025 | 1,472,448
Depreciation |
At 01 November 2024 | 796,375
Charge for year | 103,068
On disposals | -
Other adjustments | -
At 31 October 2025 | 899,443
Net book value |
At 31 October 2025 | 573,005
At 31 October 2024 | 490,907

Hire Purchase Agreements
Included within the net book value of £573,005 is £148,690 (2024: £79,266) relating to assets held under hire purchase and finance
agreements. The depreciation charged to the financial statements in the year in respect of such assets amounted to £26,541 (2024: £22,781)