Caseware UK (AP4) 2021.0.152 2021.0.152 2021-11-302021-11-3022020-12-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC045534 2020-12-01 2021-11-30 SC045534 2019-12-01 2020-11-30 SC045534 2021-11-30 SC045534 2020-11-30 SC045534 c:CompanySecretary1 2020-12-01 2021-11-30 SC045534 c:Director1 2020-12-01 2021-11-30 SC045534 c:Director2 2020-12-01 2021-11-30 SC045534 c:RegisteredOffice 2020-12-01 2021-11-30 SC045534 d:PlantMachinery 2020-12-01 2021-11-30 SC045534 d:PlantMachinery 2021-11-30 SC045534 d:PlantMachinery 2020-11-30 SC045534 d:PlantMachinery d:OwnedOrFreeholdAssets 2020-12-01 2021-11-30 SC045534 d:MotorVehicles 2020-12-01 2021-11-30 SC045534 d:MotorVehicles 2021-11-30 SC045534 d:MotorVehicles 2020-11-30 SC045534 d:MotorVehicles d:OwnedOrFreeholdAssets 2020-12-01 2021-11-30 SC045534 d:OtherPropertyPlantEquipment 2020-12-01 2021-11-30 SC045534 d:OtherPropertyPlantEquipment 2021-11-30 SC045534 d:OtherPropertyPlantEquipment 2020-11-30 SC045534 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2020-12-01 2021-11-30 SC045534 d:OwnedOrFreeholdAssets 2020-12-01 2021-11-30 SC045534 d:CurrentFinancialInstruments 2021-11-30 SC045534 d:CurrentFinancialInstruments 2020-11-30 SC045534 d:Non-currentFinancialInstruments 2021-11-30 SC045534 d:Non-currentFinancialInstruments 2020-11-30 SC045534 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 SC045534 d:CurrentFinancialInstruments d:WithinOneYear 2020-11-30 SC045534 d:Non-currentFinancialInstruments d:AfterOneYear 2021-11-30 SC045534 d:Non-currentFinancialInstruments d:AfterOneYear 2020-11-30 SC045534 d:ShareCapital 2021-11-30 SC045534 d:ShareCapital 2020-11-30 SC045534 d:RetainedEarningsAccumulatedLosses 2021-11-30 SC045534 d:RetainedEarningsAccumulatedLosses 2020-11-30 SC045534 c:OrdinaryShareClass1 2020-12-01 2021-11-30 SC045534 c:OrdinaryShareClass1 2021-11-30 SC045534 c:OrdinaryShareClass1 2020-11-30 SC045534 c:OrdinaryShareClass2 2020-12-01 2021-11-30 SC045534 c:OrdinaryShareClass2 2021-11-30 SC045534 c:OrdinaryShareClass2 2020-11-30 SC045534 c:OrdinaryShareClass3 2020-12-01 2021-11-30 SC045534 c:OrdinaryShareClass3 2021-11-30 SC045534 c:OrdinaryShareClass3 2020-11-30 SC045534 c:FRS102 2020-12-01 2021-11-30 SC045534 c:AuditExempt-NoAccountantsReport 2020-12-01 2021-11-30 SC045534 c:FullAccounts 2020-12-01 2021-11-30 SC045534 c:PrivateLimitedCompanyLtd 2020-12-01 2021-11-30 SC045534 2 2020-12-01 2021-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC045534










BONDE (CHARLETON) FARMS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

 
BONDE (CHARLETON) FARMS LIMITED
 

COMPANY INFORMATION


Directors
Baron K H J St C Bonde 
C M W St C Bonde 




Company secretary
Thorntons Law LLP



Registered number
SC045534



Registered office
Kinburn Castle
Doubledykes Road

St Andrews

Fife

KY16 9DR




Accountants
EQ Accountants LLP
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
BONDE (CHARLETON) FARMS LIMITED
REGISTERED NUMBER:SC045534

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2021

2021
2020
£
£

Fixed assets
  

Tangible assets
 4 
29,611
34,913

  
29,611
34,913

Current assets
  

Debtors: amounts falling due within one year
 5 
119,320
70,262

Cash at bank and in hand
  
46,256
31,376

  
165,576
101,638

Creditors: amounts falling due within one year
 6 
(66,298)
(43,976)

Net current assets
  
 
 
99,278
 
 
57,662

Total assets less current liabilities
  
128,889
92,575

Creditors: amounts falling due after more than one year
 7 
-
(2,631)

Provisions for liabilities
  

Deferred tax
  
(5,135)
(5,937)

  
 
 
(5,135)
 
 
(5,937)

Net assets
  
123,754
84,007


Capital and reserves
  

Called up share capital 
 8 
10,000
10,000

Profit and loss account
  
113,754
74,007

  
123,754
84,007

Page 1

 
BONDE (CHARLETON) FARMS LIMITED
REGISTERED NUMBER:SC045534

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2021

The directors consider 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 directors acknowledge their 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 statement of income and retained earnings 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 on 26 August 2022.




C M W St C Bonde
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
BONDE (CHARLETON) FARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021


1.


General information

Bonde (Charleton) Farms Limited is a private company, limited by shares, incorporated in Scotland with the registration number SC045534. The registered office is Kinburn Castle, Doubledykes Road, St Andrews, Fife, KY16 9DR. The trading address is Charleton, Colinsburgh, Fife, KY9 1HG.

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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

 
BONDE (CHARLETON) FARMS LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

2.Accounting policies (continued)

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

During the year the business was in receipt of the following revenue grants in relation to the COVID-19 pandemic:
Fife Council Small Business Support grant recognised in full when received.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Page 4

 
BONDE (CHARLETON) FARMS LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

2.Accounting policies (continued)

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Plant and machinery
-
12.5% Reducing balance
Motor vehicles
-
25% Reducing balance
Property improvements
-
10% Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2020 - 2).

Page 5

 
BONDE (CHARLETON) FARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Property improve- ments
Total

£
£
£
£



Cost or valuation


At 1 December 2020
126,921
10,750
151,119
288,790



At 30 November 2021

126,921
10,750
151,119
288,790



Depreciation


At 1 December 2020
98,864
7,767
147,246
253,877


Charge for the year on owned assets
3,508
746
1,048
5,302



At 30 November 2021

102,372
8,513
148,294
259,179



Net book value



At 30 November 2021
24,549
2,237
2,825
29,611



At 30 November 2020
28,057
2,983
3,873
34,913


5.


Debtors

2021
2020
£
£


Trade debtors
21,142
4,038

Other debtors
97,063
64,649

Prepayments and accrued income
1,115
1,575

119,320
70,262


Page 6

 
BONDE (CHARLETON) FARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021


6.


Creditors: Amounts falling due within one year

2021
2020
£
£

Trade creditors
21,096
3,435

Other taxation and social security
10,652
5,579

Obligations under finance lease and hire purchase contracts
2,631
4,279

Other creditors
1,383
-

Accruals and deferred income
30,536
30,683

66,298
43,976


Obligations under finance lease and hire purchase contracts are secured over the assets to which they pertain.


7.


Creditors: Amounts falling due after more than one year

2021
2020
£
£

Net obligations under finance leases and hire purchase contracts
-
2,631

-
2,631


Obligations under finance lease and hire purchase contracts are secured over the assets to which they pertain. 


8.


Share capital

2021
2020
£
£
Allotted, called up and fully paid



9,980 (2020 - 9,980) Ordinary shares of £1.00 each
9,980
9,980
10 (2020 - 10) Ordinary A shares of £1.00 each
10
10
10 (2020 - 10) Ordinary B shares of £1.00 each
10
10

10,000

10,000



Page 7