REGISTERED NUMBER: SC295811 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Craig Field (Scotland) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Field

S McDonald

SECRETARY:

Miss H R Campbell

REGISTERED OFFICE:

c/o Gordon Ferguson & Co

76 Hamilton Road

Motherwell

Lanarkshire

ML1 3BY

REGISTERED NUMBER:

SC295811 (Scotland)

ACCOUNTANTS:

Gordon Ferguson & Co Ltd

76 Hamilton Road

Motherwell

Lanarkshire

ML1 3BY

FIXED ASSETS

Tangible assets

4

63,639

74,008

CURRENT ASSETS

Stocks

50,351

103,852

Debtors

5

194,704

188,947

Cash at bank

132,705

78,914

377,760

371,713

CREDITORS

Amounts falling due within one year

6

230,725

229,992

NET CURRENT ASSETS

147,035

141,721

TOTAL ASSETS LESS CURRENT LIABILITIES

210,674

215,729

CREDITORS

Amounts falling due after more than one year

7

30,513

33,166

NET ASSETS

180,161

182,563

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

180,061

182,463

SHAREHOLDERS' FUNDS

180,161

182,563

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 19 August 2026 and were signed on its behalf by:

C Field - Director

S McDonald - Director

1.	STATUTORY INFORMATION

Craig Field (Scotland) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2025 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

16,133

135,866

3,656

155,655

Additions

-

17,995

-

17,995

Disposals

-

(14,998

)

-

(14,998

)

At 31 January 2026

16,133

138,863

3,656

158,652

DEPRECIATION

At 1 February 2025

15,428

63,189

3,030

81,647

Charge for year

184

22,135

219

22,538

Eliminated on disposal

-

(9,172

)

-

(9,172

)

At 31 January 2026

15,612

76,152

3,249

95,013

NET BOOK VALUE

At 31 January 2026

521

62,711

407

63,639

At 31 January 2025

705

72,677

626

74,008

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 February 2025

107,931

Additions

17,995

Disposals

(14,998

)

At 31 January 2026

110,928

DEPRECIATION

At 1 February 2025

38,904

Charge for year

21,223

Eliminated on disposal

(9,172

)

At 31 January 2026

50,955

NET BOOK VALUE

At 31 January 2026

59,973

At 31 January 2025

69,027

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Retentions

57,107

38,169

Inter company loan account

125,254

127,761

VAT

12,343

23,017

194,704

188,947

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

2,500

12,500

Hire purchase contracts

17,064

19,314

Trade creditors

150,323

155,535

Tax

36,294

32,036

Social security and other taxes

11,957

(1,860

)

Pension Fund

257

357

Directors' current accounts

8,472

8,348

Accrued expenses

3,858

3,762

230,725

229,992

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Hire purchase contracts

30,513

33,166