S. C. Cranston & Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00672875 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

S. C. CRANSTON & COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C A Cranston

Mr R D Cranston

Ms C M Cranston

SECRETARY:

Mrs C A Cranston

REGISTERED OFFICE:

Suite 4, East Barton Barns

East Barton Road,

Great Barton

Bury St Edmunds

Suffolk

IP31 2QY

REGISTERED NUMBER:

00672875 (England and Wales)

ACCOUNTANTS:

Twinn Accountants Limited

Suite 4, East Barton Barns

East Barton Road

Great Barton

Bury St. Edmunds

Suffolk

IP31 2QY

FIXED ASSETS

Tangible assets

4

3,452

3,449

Investment property

5

1,190,000

1,193,452

1,193,449

CURRENT ASSETS

Debtors

6

4,031

6,130

Cash at bank

36,215

32,694

40,246

38,824

CREDITORS

Amounts falling due within one year

7

14,898

18,051

NET CURRENT ASSETS

25,348

20,773

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,218,800

1,214,222

PROVISIONS FOR LIABILITIES

292,393

NET ASSETS

926,407

921,829

CAPITAL AND RESERVES

Called up share capital

75

Fair value reserve

8

842,514

Retained earnings

83,818

79,240

926,407

921,829

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 20 April 2026 and were signed on its behalf by:

Mrs C A Cranston - Director

1.	STATUTORY INFORMATION

S. C. Cranston & Company Limited 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 as modified by the revaluation of certain assets.

Turnover

Rents receivable are accounted for on an accruals basis.

Tangible fixed assets

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

Fixtures & fittings

-

10% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property, which is property held to earn rental and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Computer

& fittings

equipment

Totals

£

COST

At 1 January 2025

3,526

2,050

5,576

Additions

894

-

894

At 31 December 2025

4,420

2,050

6,470

DEPRECIATION

At 1 January 2025

1,444

683

2,127

Charge for year

208

683

891

At 31 December 2025

1,652

1,366

3,018

NET BOOK VALUE

At 31 December 2025

2,768

684

3,452

At 31 December 2024

2,082

1,367

3,449

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

1,190,000

NET BOOK VALUE

At 31 December 2025

1,190,000

At 31 December 2024

1,190,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2016

186,558

Valuation in 2017

13,500

Valuation in 2020

8,500

Valuation in 2022

8,370

Valuation in 2024

889,630

Cost

83,442

1,190,000

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

83,442

The investment property was valued on an open market basis on 31 December 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

1,170

5,987

Directors' current accounts

2,668

-

Prepayments & accrued income

193

143

4,031

6,130

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

894

-

Corporation tax

7,791

6,521

Directors' current accounts

-

4,055

Deferred income

4,485

5,855

Accrued expenses

1,728

1,620

14,898

18,051

8.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

842,514

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

Mrs C A Cranston

Balance outstanding at start of year

(2,345

)

(2,312

)

Amounts advanced

5,077

300

Amounts repaid

(416

)

(333

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

2,316

(2,345

)

Ms C M Cranston

Balance outstanding at start of year

(720

)

(408

)

Amounts advanced

1,128

-

Amounts repaid

(312

)

(312

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

96

(720

)

Mr R D Cranston

Balance outstanding at start of year

(990

)

(624

)

Amounts advanced

1,614

-

Amounts repaid

(368

)

(366

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

256

(990

)

The directors' loans were repaid within nine months of the balance sheet date.