Company Registration No. SC337186 (Scotland)
C. Craig Limited
Unaudited accounts
for the year ended 28 February 2019
C. Craig Limited
Unaudited accounts
Contents
C. Craig Limited
Company Information
for the year ended 28 February 2019
Director
Christopher Craig
Company Number
SC337186 (Scotland)
Registered Office
Suite 2.5
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 2019
Tangible assets
2,409
4,366
Cash at bank and in hand
6,475
7,813
Creditors: amounts falling due within one year
(15,966)
(19,724)
Net current (liabilities)/assets
(8,045)
9,599
Net (liabilities)/assets
(5,636)
13,965
Called up share capital
1
1
Profit and loss account
(5,637)
13,964
Shareholders' funds
(5,636)
13,965
For the year ending 28 February 2019 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.
Approved by the Board on 28 August 2019.
Christopher Craig
Director
Company Registration No. SC337186
C. Craig Limited
Notes to the Accounts
for the year ended 28 February 2019
C. Craig Limited is a private company, limited by shares, registered in Scotland, registration number SC337186. The registered office is Suite 2.5, 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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2018
2,916
7,500
10,416
At 28 February 2019
3,012
7,500
10,512
At 1 March 2018
2,300
3,750
6,050
Charge for the year
178
1,875
2,053
At 28 February 2019
2,478
5,625
8,103
At 28 February 2019
534
1,875
2,409
At 28 February 2018
616
3,750
4,366
C. Craig Limited
Notes to the Accounts
for the year ended 28 February 2019
Accrued income and prepayments
915
12,045
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
-
4,213
Other creditors
1,620
2,160
Loans from directors
14,346
13,351
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 0 (2018: 1).
