REGISTERED NUMBER: 03405182 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Culcrae Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms J E Zammito

REGISTERED OFFICE:

Marchioness Low Stubbin

Rawmarsh

Rotherham

South Yorkshire

S62 7RX

REGISTERED NUMBER:

03405182 (England and Wales)

FIXED ASSETS

Tangible assets

4

99,211

96,585

CREDITORS

Amounts falling due within one year

5

16,189

15,709

NET CURRENT LIABILITIES

(16,189

)

(15,709

)

TOTAL ASSETS LESS CURRENT LIABILITIES

83,022

80,876

CAPITAL AND RESERVES

Called up share capital

6

39,400

39,400

Revaluation reserve

7

48,473

45,847

Retained earnings

7

(4,851

)

(4,371

)

SHAREHOLDERS' FUNDS

83,022

80,876

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 10 November 2025 and were signed by:

Ms J E Zammito - Director

1.	STATUTORY INFORMATION

Culcrae Limited is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold land No depreciation

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.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 August 2024

96,585

Revaluations

2,626

At 31 July 2025

99,211

NET BOOK VALUE

At 31 July 2025

99,211

At 31 July 2024

96,585

Cost or valuation at 31 July 2025 is represented by:

Land and

buildings

£

Valuation in 2016

25,780

Valuation in 2017

2,805

Valuation in 2018

2,350

Valuation in 2019

2,388

Valuation in 2020

2,426

Valuation in 2021

2,465

Valuation in 2022

2,504

Valuation in 2023

2,544

Valuation in 2024

2,585

Valuation in 2025

2,626

Cost

50,738

99,211

If freehold land had not been revalued it would have been included at the following historical cost:

31.7.25

31.7.24

£

£

Cost

50,738

50,738

The woodland was revalued by the director on the basis of the woodlands expected felled value at its maturity, as suggested by Scottish Woodlands Limited.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other creditors

16,189

15,709

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

39,400

Ordinary

£1

39,400

39,400

7.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 August 2024

(4,371

)

45,847

41,476

Profit for the year

2,146

2,146

Revaluation

(2,626

)

2,626

-

At 31 July 2025

(4,851

)

48,473

43,622