Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1No description of principal activitytrue1true2021-04-01false SC143268 2021-04-01 2022-03-31 SC143268 2020-04-01 2021-03-31 SC143268 2022-03-31 SC143268 2021-03-31 SC143268 c:Director1 2021-04-01 2022-03-31 SC143268 c:RegisteredOffice 2021-04-01 2022-03-31 SC143268 d:CurrentFinancialInstruments 2022-03-31 SC143268 d:CurrentFinancialInstruments 2021-03-31 SC143268 d:Non-currentFinancialInstruments 2022-03-31 SC143268 d:Non-currentFinancialInstruments 2021-03-31 SC143268 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 SC143268 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 SC143268 d:ShareCapital 2022-03-31 SC143268 d:ShareCapital 2021-03-31 SC143268 d:RetainedEarningsAccumulatedLosses 2022-03-31 SC143268 d:RetainedEarningsAccumulatedLosses 2021-03-31 SC143268 c:OrdinaryShareClass1 2021-04-01 2022-03-31 SC143268 c:OrdinaryShareClass1 2022-03-31 SC143268 c:OrdinaryShareClass1 2021-03-31 SC143268 c:FRS102 2021-04-01 2022-03-31 SC143268 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 SC143268 c:FullAccounts 2021-04-01 2022-03-31 SC143268 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC143268










VAYNE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

 
VAYNE LIMITED
 

COMPANY INFORMATION


DIRECTOR
J R Wilson 




REGISTERED NUMBER
SC143268



REGISTERED OFFICE
Vayne Farm
Fern

Angus

DD8 6SB




ACCOUNTANTS
EQ Accountants LLP

Chartered Accountants

Westby

64 West High street

Forfar

Angus

DD8 1BJ





 
VAYNE LIMITED
REGISTERED NUMBER: SC143268

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2022

2022
2021
£
£

  

CURRENT ASSETS
  

Debtors
 4 
277,549
260,704

  
277,549
260,704

Creditors: amounts falling due within one year
 5 
(5,686)
(6,732)

NET CURRENT ASSETS
  
 
 
271,863
 
 
253,972

TOTAL ASSETS LESS CURRENT LIABILITIES
  
271,863
253,972

  

NET ASSETS
  
271,863
253,972


CAPITAL AND RESERVES
  

Called up share capital 
  
2
2

Profit and loss account
  
271,861
253,970

  
271,863
253,972


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 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 5 September 2022.




J R Wilson
Director

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

Page 1

 
VAYNE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.


GENERAL INFORMATION

Vayne Limited is a private company, limited by shares, incorporated in Scotland with registration number SC143268. The registered office is Vayne Farm, Fern, Angus, DD8 6SB.

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

COMPANY'S BUSINESS

The company's business is farming through its participation in the partnership of Messrs John  R Wilson. Income comprises of the company's share in the partnership profits and losses each year. The book value of interest in the partnership comprises of the balance to its credit on the current and capital accounts in the books of that business. 

 
2.3

TAXATION

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.

 
2.4

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.

 
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.

Page 2

 
VAYNE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).


4.


DEBTORS

2022
2021
£
£

DUE AFTER MORE THAN ONE YEAR

Amounts owed by joint ventures and associated undertakings
272,000
255,000

272,000
255,000

DUE WITHIN ONE YEAR

Amounts owed by joint ventures and associated undertakings
5,549
5,704

277,549
260,704



5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022
2021
£
£

Trade creditors
700
700

Other taxation and social security
4,986
6,032

5,686
6,732



6.


SHARE CAPITAL

2022
2021
£
£
ALLOTTED, CALLED UP AND FULLY PAID



2 (2021 - 2) Ordinary shares of £1.00 each
2
2



Page 3