REGISTERED NUMBER: SC425416 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Craigmile Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M P Craigmile

Mrs Y B Craigmile

REGISTERED OFFICE:

Unit 1a

14 Keithall Road

Inverurie

Aberdeenshire

AB51 3UA

REGISTERED NUMBER:

SC425416 (Scotland)

ACCOUNTANTS:

BW Accountancy Services Limited

25a Market Place

Inverurie

AB51 3PU

FIXED ASSETS

Tangible assets

4

114,972

115,361

CURRENT ASSETS

Debtors

5

4,813

3,407

Cash at bank

38,794

7,209

43,607

10,616

CREDITORS

Amounts falling due within one year

6

127,164

106,754

NET CURRENT LIABILITIES

(83,557

)

(96,138

)

TOTAL ASSETS LESS CURRENT LIABILITIES

31,415

19,223

PROVISIONS FOR LIABILITIES

5,089

-

NET ASSETS

26,326

19,223

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

25,326

18,223

26,326

19,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2026 and were signed on its behalf by:

Mr M P Craigmile - Director

1.	STATUTORY INFORMATION

Craigmile Properties 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 2 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 July 2024

88,186

21,000

27,313

136,499

Additions

-

8,539

-

8,539

At 30 June 2025

88,186

29,539

27,313

145,038

DEPRECIATION

At 1 July 2024

-

9,188

11,950

21,138

Charge for year

-

5,087

3,841

8,928

At 30 June 2025

-

14,275

15,791

30,066

NET BOOK VALUE

At 30 June 2025

88,186

15,264

11,522

114,972

At 30 June 2024

88,186

11,812

15,363

115,361

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

3,000

2,577

Other debtors

1,813

830

4,813

3,407

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

2,893

7,718

Taxation and social security

852

-

Other creditors

123,419

99,036

127,164

106,754

7.	RELATED PARTY DISCLOSURES

Mr M Craigmile and Mrs Y Craigmile are also director's of Craigmile Plumbing & Heating Limited, a company registered in Scotland. At the balance sheet date, the amount due to Craigmile Plumbing & Heating Limited was £73.497.14 (2024 - £70,000.00).

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Craigmile & Mrs Y Craigmile, who each own 50% of the share capital.