Company Registration No. SC796418 (Scotland)
Cranston Catering Ltd
Unaudited accounts
for the year ended 31 January 2026
Cranston Catering Ltd
Unaudited accounts
Contents
Cranston Catering Ltd
Company Information
for the year ended 31 January 2026
Directors
J Duncan
G Cranston
Company Number
SC796418 (Scotland)
Registered Office
29 Rothes Place
Slackbuie
Inverness
IV2 6FT
Scotland
Accountants
CMM Accountancy (Inverness) Limited
The Green House
Beechwood Business Park North
Inverness
IV2 3BL
Cranston Catering Ltd
Statement of financial position
as at 31 January 2026
Cash at bank and in hand
4,424
37,205
Creditors: amounts falling due within one year
(31,196)
(56,048)
Net current assets/(liabilities)
28,269
(11,928)
Total assets less current liabilities
28,269
16,544
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
28,169
10,294
Shareholders' funds
28,269
10,394
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2026 and were signed on its behalf by
J Duncan
Director
Company Registration No. SC796418
Cranston Catering Ltd
Notes to the Accounts
for the year ended 31 January 2026
Cranston Catering Ltd is a private company, limited by shares, registered in Scotland, registration number SC796418. The registered office is 29 Rothes Place, Slackbuie, Inverness, IV2 6FT, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% straight line
Motor vehicles
25% reducing balance
Fixtures & fittings
25% straight line
Computer equipment
33.33% straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Cranston Catering Ltd
Notes to the Accounts
for the year ended 31 January 2026
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The company sold its trading business during the year. While no longer trading as a going concern, no fair value adjustments are required to the company's remaining assets.
4
Tangible fixed assets
Total
Carrying values included above held under finance leases and hire purchase contracts:
£
£
5
Operating lease commitments
2026
2025
At 31 January 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
-
104,430
The company's parent undertaking is Chip Shop Holdings Ltd (SC801858). The parent's place of business and registered office are both 29 Rothes Place, Slackbuie, Inverness, IV2 6FT.
Cranston Catering Ltd
Notes to the Accounts
for the year ended 31 January 2026
7
Average number of employees
During the year the average number of employees was 7 (2025: 12).