ACCOUNTS - Final Accounts preparation

SJWS SERVICES HOLDINGS LTD - Company Information

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Registered number: 10470277

CRAIGEWAN HOLDINGS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2019

CRAIGEWAN HOLDINGS LIMITED

COMPANY INFORMATION

Director	W J Buchan


Registered number	10470277


Registered office	Sentinel House
	16 Harcourt Street
	Marylebone
	London
	W1H 4AD


Accountants	Rawlinson & Hunter LLP
	Chartered Accountants
	Eighth Floor
	6 New Street Square
	New Fetter Lane
	London
	EC4A 3AQ

CRAIGEWAN HOLDINGS LIMITED

CONTENTS

	Page
Balance Sheet	1 - 2
Statement of Changes in Equity	3
Notes to the Financial Statements	4 - 5

CRAIGEWAN HOLDINGS LIMITED

REGISTERED NUMBER: 10470277

BALANCE SHEET

AS AT 31 DECEMBER 2019

		2019		2018
Note		£		£

Fixed assets
Investments	4		100		100
			100		100
Current assets
Debtors: amounts falling due within one year	5	100		100
		100		100
Total assets less current liabilities			200		200

Net assets			200		200

Capital and reserves
Called up share capital	6	200	200
		200	200

Page 1

CRAIGEWAN HOLDINGS LIMITED

REGISTERED NUMBER: 10470277

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2019

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

W J Buchan

Director

Date: 9 July 2020

The notes on pages 4 to 5 form part of these financial statements.

Page 2

CRAIGEWAN HOLDINGS LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2019

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 January 2018	200	-	200

Profit for the year	-	195,133	195,133
Dividends: Equity capital	-	(195,133)	(195,133)

At 1 January 2019	200	-	200

Profit for the year	-	129,800	129,800
Dividends: Equity capital	-	(129,800)	(129,800)
At 31 December 2019	200	-	200

The notes on pages 4 to 5 form part of these financial statements.

Page 3

CRAIGEWAN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

1.	General information

Craigewan Holdings Limited ("the company") is a private company, limited by shares, incorporated in England and Wales with registration number of 10470277. The registered office is Sentinel House 16 Harcourt Street, Marylebone, London, W1H 4AD.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The Covid-19 pandemic has created significant operational and financial pressures on most businesses. Having considered the contingency plans in place, the support to businesses announced by the UK Government and having reviewed updated cashflow forecasts, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and hence considers the adoption of the going concern basis in preparing these financial statements is appropriate.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2018 - 1).

Page 4

CRAIGEWAN HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2019	100
	At 31 December 2019	100

Debtors

					2019	2018
					£	£


Amounts owed by group undertakings	100	100
	100	100

6.	Share capital
		2019	2018
		£	£

Allotted, called up and fully paid

200 (2018 - 200) Ordinary shares of £1 each	200	200

7.	Controlling party

The ultimate controlling party is considered to be William James Buchan, the sole director and shareholder.

The director considers that the company is entitled to exemption from preparing consolidated accounts
as the group is small.

Page 5