REGISTERED NUMBER: 04538198 (England and Wales)

Financial Statements

for the Year Ended 31st October 2025

for

CRAIG TOOLS INTERNATIONAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G S Warren

M Whitbread

REGISTERED OFFICE:

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

REGISTERED NUMBER:

04538198 (England and Wales)

ACCOUNTANTS:

Attenboroughs (Accountants) Limited

Chartered Certified Accountants

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

FIXED ASSETS

Tangible assets

4

3,231

3,209

CURRENT ASSETS

Stocks

28,200

26,800

Debtors

5

363,953

323,241

Cash at bank

14,013

11,417

406,166

361,458

CREDITORS

Amounts falling due within one year

6

186,924

138,495

NET CURRENT ASSETS

219,242

222,963

TOTAL ASSETS LESS CURRENT LIABILITIES

222,473

226,172

PROVISIONS FOR LIABILITIES

1,418

610

NET ASSETS

221,055

225,562

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Retained earnings

191,055

195,562

SHAREHOLDERS' FUNDS

221,055

225,562

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 9th July 2026 and were signed on its behalf by:

G S Warren - Director

M Whitbread - Director

1.	STATUTORY INFORMATION

Craig Tools International 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.

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.

Stocks

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

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st November 2024

934

18,757

19,691

Additions

-

885

885

At 31st October 2025

934

19,642

20,576

DEPRECIATION

At 1st November 2024

934

15,548

16,482

Charge for year

-

863

863

At 31st October 2025

934

16,411

17,345

NET BOOK VALUE

At 31st October 2025

-

3,231

3,231

At 31st October 2024

-

3,209

3,209

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade debtors

88,756

52,818

Amounts owed by group undertakings

275,197

270,423

363,953

323,241

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans and overdrafts

13,171

-

Trade creditors

66,306

41,183

Tax

32,371

28,462

VAT

1,249

2,851

Other creditors

61,001

58,424

Directors' current accounts

11,171

6,000

Accrued expenses

1,655

1,575

186,924

138,495

7.	ULTIMATE CONTROLLING PARTY

The company is under the control of ATA Engineering Products Ltd.