Craigie Estates limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: SC257362

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	1,264,711		1,264,711
Cash at bank and in hand		3,732		1,662

		1,268,443		1,266,373
Creditors: Amounts Falling Due Within One Year	5	(2,126,908 )		(2,082,135 )

NET CURRENT ASSETS (LIABILITIES)			(858,465 )		(815,762 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(858,465 )		(815,762 )

NET LIABILITIES			(858,465 )		(815,762 )

CAPITAL AND RESERVES
Called up share capital			1		1
Profit and Loss Account			(858,466 )		(815,763 )

SHAREHOLDERS' FUNDS			(858,465)		(815,762)

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

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Bruce Linton

Director

23/07/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Craigie Estates limited is a private company, limited by shares, incorporated in Scotland, registered number SC257362 . The registered office is Bannerman House, 27 South Tay Street, Dundee, DD1 1NR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. The director has assessed the Company's ability to continue as a going concern and has reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus he continues to adopt the going concern basis of accounting in preparing these financial statements.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initailly recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss ommediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

2.5. 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 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.

2.6. 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 recognised in the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the end of the year 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 future taxable profits.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Craigie Estates limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Stocks

	2025	2024
	£	£
Stock	1,264,711	1,264,711

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	56,316	55,950
Other loans	1,383,723	1,383,723
Other creditors	685,835	641,949
Taxation and social security	1,034	513

	2,126,908	2,082,135

6. Ultimate Controlling Party

The company's ultimate controlling party is The BRL 2005 Discretionary Trust by virtue of his ownership of 100% of the issued share capital in the company.

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