Company Registration No. SC523579 (Scotland)
Chraw Ltd
Unaudited accounts
for the year ended 31 January 2024
Chraw Ltd
Unaudited accounts
Contents
Chraw Ltd
Company Information
for the year ended 31 January 2024
Company Number
SC523579 (Scotland)
Registered Office
300 HIGH STREET
GLASGOW
G4 0QN
SCOTLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
Chraw Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
1,082
4,983
Creditors: amounts falling due within one year
(2,842)
(4,220)
Net current (liabilities)/assets
(1,760)
763
Net (liabilities)/assets
(457)
763
Called up share capital
1
1
Profit and loss account
(458)
762
Shareholders' funds
(457)
763
For the year ending 31 January 2024 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 20 March 2024 and were signed on its behalf by
Ranming Duan
Director
Company Registration No. SC523579
Chraw Ltd
Notes to the Accounts
for the year ended 31 January 2024
Chraw Ltd is a private company, limited by shares, registered in Scotland, registration number SC523579. The registered office is 300 HIGH STREET, GLASGOW, G4 0QN, 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:
Fixtures & fittings
25 % Straight line
Computer equipment
25 % Straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 January 2024
629
1,108
1,737
Charge for the year
157
277
434
At 31 January 2024
157
277
434
At 31 January 2024
472
831
1,303
Chraw Ltd
Notes to the Accounts
for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
372
(41)
Loans from directors
2,111
3,962
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).