Company Registration No. SC337186 (Scotland)
C. Craig Limited
Unaudited accounts
for the year ended 28 February 2023
C. Craig Limited
Unaudited accounts
Contents
C. Craig Limited
Company Information
for the year ended 28 February 2023
Director
Christopher Craig
Company Number
SC337186 (Scotland)
Registered Office
Suite 2.11
94 Hope Street
Glasgow
G2 6PH
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
C. Craig Limited
Statement of financial position
as at 28 February 2023
Tangible assets
33,654
11,538
Cash at bank and in hand
-
597
Creditors: amounts falling due within one year
(18,837)
(15,080)
Net current assets
44,572
70,703
Called up share capital
1
1
Profit and loss account
78,225
82,240
Shareholders' funds
78,226
82,241
For the year ending 28 February 2023 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 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 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 and authorised for issue on 2 November 2023 and were signed on its behalf by
Christopher Craig
Director
Company Registration No. SC337186
C. Craig Limited
Notes to the Accounts
for the year ended 28 February 2023
C. Craig Limited is a private company, limited by shares, registered in Scotland, registration number SC337186. The registered office is Suite 2.11, 94 Hope Street, Glasgow, G2 6PH.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
-
3,012
30,667
33,679
Additions
25,000
-
-
25,000
At 28 February 2023
25,000
3,012
30,667
58,679
At 1 March 2022
-
2,787
19,354
22,141
Charge for the year
-
56
2,828
2,884
At 28 February 2023
-
2,843
22,182
25,025
At 28 February 2023
25,000
169
8,485
33,654
At 28 February 2022
-
225
11,313
11,538
C. Craig Limited
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Trade debtors
7,385
25,283
Accrued income and prepayments
38,253
29,374
Other debtors
17,771
30,529
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,268
13,280
Other creditors
1,800
1,800
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 5 (2022: 3).