Stephen Craig Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC241554

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Investments	5		130,611		119,128

			130,611		119,128
CURRENT ASSETS
Debtors	6	60,927		57,707
Cash at bank and in hand		593,861		581,599

		654,788		639,306
Creditors: Amounts Falling Due Within One Year	7	(53,343 )		(36,035 )

NET CURRENT ASSETS (LIABILITIES)			601,445		603,271

TOTAL ASSETS LESS CURRENT LIABILITIES			732,056		722,399

PROVISIONS FOR LIABILITIES
Deferred Taxation			(11,403 )		(8,532 )

NET ASSETS			720,653		713,867

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			720,651		713,865

SHAREHOLDERS' FUNDS			720,653		713,867

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Stephen Craig Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 Stephen Craig

Director

14 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Stephen Craig Limited is a private company, limited by shares, incorporated in Scotland, registered number SC241554 . The registered office is The Orchard, 23a Doune Road, Dunblane, FK15 9AR.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of

discounts and value added taxes. Turnover includes revenue earned from the rendering of

services. Turnover from the rendering of services is recognised by reference to the stage of

completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

over 3 years

2.4. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and theirinclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2025	2,248

As at 31 March 2026	2,248

Depreciation
As at 1 April 2025	2,248

As at 31 March 2026	2,248

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

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Stephen Craig Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Investments

	Listed
	£
Cost or Valuation
As at 1 April 2025	119,128
Fair value adjustments	11,483

As at 31 March 2026	130,611

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	130,611

As at 1 April 2025	119,128

Investments are recognised initially at fair value which is normally the transaction price

excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	56,681	48,834
Other debtors	4,246	8,873

	60,927	57,707

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	29,193	13,100
Taxation and social security	24,150	22,935

	53,343	36,035

Short term creditors are measured at transaction price (which is usually the invoice price).

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

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