Crannach Limited

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

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Crannach Limited

Balance Sheet

As At 31 January 2025

Balance Sheet

Registered number: SC754772

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		161,087		156,886

			161,087		156,886
CURRENT ASSETS
Stocks	5	61,125		61,125
Debtors	6	11,346		1,692
Cash at bank and in hand		3,403		4,924

		75,874		67,741
Creditors: Amounts Falling Due Within One Year	7	(287,297 )		(228,029 )

NET CURRENT ASSETS (LIABILITIES)			(211,423 )		(160,288 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(50,336 )		(3,402 )

Creditors: Amounts Falling Due After More Than One Year	8		(66,703 )		(62,681 )

NET LIABILITIES			(117,039 )		(66,083 )

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			(117,040 )		(66,084 )

SHAREHOLDERS' FUNDS			(117,039)		(66,083)

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Crannach Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 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

D W Ferguson

Director

27th October 2026

The notes on pages 4 to 6 form part of these financial statements.

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Crannach Limited

Notes to the Financial Statements

For The Year Ended 31 January 2025

Notes to the Financial Statements

1. General Information

Crannach Limited is a private company, limited by shares, incorporated in Scotland, registered number SC754772 . The registered office is 5 Carden Place, Aberdeen, AB10 1UT.

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, excluding discounts, rebates, value

added tax and other sales taxes.

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 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:

Leasehold	3 years
Plant & Machinery	4 years
Motor Vehicles	4 years

2.4. Leasing and Hire Purchase Contracts

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.

2.5. Stocks and Work in Progress

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

moving items.

3. Average Number of Employees

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

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 February 2024	-	201,497	-	201,497
Additions	2,128	47,432	10,511	60,071

As at 31 January 2025	2,128	248,929	10,511	261,568

...CONTINUED

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Crannach Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

Depreciation
As at 1 February 2024	-	44,611	-	44,611
Provided during the period	236	55,415	219	55,870

As at 31 January 2025	236	100,026	219	100,481

Net Book Value
As at 31 January 2025	1,892	148,903	10,292	161,087

As at 1 February 2024	-	156,886	-	156,886

5. Stocks

	2025	2024
	£	£
Stock	61,125	61,125

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	11,346	1,692

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	19,826	20,894
Trade creditors	2	-
Other creditors	267,469	207,135

	287,297	228,029

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	66,703	62,681

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	34,474	20,894
Later than one year and not later than five years	66,703	62,681

	101,177	83,575
Less: Finance charges allocated to future periods	14,648	-

	86,529	83,575

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Crannach Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

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Director	D W Ferguson

Company Number	SC754772

Registered Office	5 Carden Place
	Aberdeen
	AB10 1UT