Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30true3The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-05-01falseNo description of principal activity3true SC513526 2022-05-01 2023-04-30 SC513526 2021-05-01 2022-04-30 SC513526 2023-04-30 SC513526 2022-04-30 SC513526 c:CompanySecretary1 2022-05-01 2023-04-30 SC513526 c:Director1 2022-05-01 2023-04-30 SC513526 c:Director2 2022-05-01 2023-04-30 SC513526 c:Director3 2022-05-01 2023-04-30 SC513526 c:RegisteredOffice 2022-05-01 2023-04-30 SC513526 d:PlantMachinery 2022-05-01 2023-04-30 SC513526 d:PlantMachinery 2023-04-30 SC513526 d:PlantMachinery 2022-04-30 SC513526 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 SC513526 d:CurrentFinancialInstruments 2023-04-30 SC513526 d:CurrentFinancialInstruments 2022-04-30 SC513526 d:Non-currentFinancialInstruments 2023-04-30 SC513526 d:Non-currentFinancialInstruments 2022-04-30 SC513526 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 SC513526 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 SC513526 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 SC513526 d:Non-currentFinancialInstruments d:AfterOneYear 2022-04-30 SC513526 d:ShareCapital 2023-04-30 SC513526 d:ShareCapital 2022-04-30 SC513526 d:RetainedEarningsAccumulatedLosses 2023-04-30 SC513526 d:RetainedEarningsAccumulatedLosses 2022-04-30 SC513526 c:OrdinaryShareClass2 2022-05-01 2023-04-30 SC513526 c:OrdinaryShareClass2 2023-04-30 SC513526 c:OrdinaryShareClass3 2022-05-01 2023-04-30 SC513526 c:OrdinaryShareClass3 2023-04-30 SC513526 c:OrdinaryShareClass4 2022-05-01 2023-04-30 SC513526 c:OrdinaryShareClass4 2023-04-30 SC513526 c:OrdinaryShareClass5 2022-05-01 2023-04-30 SC513526 c:OrdinaryShareClass5 2023-04-30 SC513526 c:FRS102 2022-05-01 2023-04-30 SC513526 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 SC513526 c:FullAccounts 2022-05-01 2023-04-30 SC513526 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 SC513526 4 2023-04-30 SC513526 4 2022-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC513526










CUTHLIE COLD STORAGE SERVICES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

 
CUTHLIE COLD STORAGE SERVICES LIMITED
 

COMPANY INFORMATION


DIRECTORS
Douglas J Brunton 
Helen Brunton 
James Brunton 




COMPANY SECRETARY
Helen Brunton



REGISTERED NUMBER
SC513526



REGISTERED OFFICE
Cuthlie Farm

Arbroath

Angus

DD11 2NT





 
CUTHLIE COLD STORAGE SERVICES LIMITED
REGISTERED NUMBER: SC513526

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 4 
1,106,534
1,121,855

Investments
 5 
50
50

  
1,106,584
1,121,905

Current assets
  

Debtors: amounts falling due within one year
 6 
585,699
851,556

Cash at bank and in hand
  
78,962
134,428

  
664,661
985,984

Creditors: amounts falling due within one year
 7 
(616,313)
(999,371)

Net current assets/(liabilities)
  
 
 
48,348
 
 
(13,387)

Total assets less current liabilities
  
1,154,932
1,108,518

Creditors: amounts falling due after more than one year
 8 
(104,786)
(176,365)

Provisions for liabilities
  

Deferred tax
  
(196,178)
(123,858)

  
 
 
(196,178)
 
 
(123,858)

Net assets
  
853,968
808,295


Capital and reserves
  

Called up share capital 
 9 
1,000
1,000

Profit and loss account
  
852,968
807,295

  
853,968
808,295


Page 1

 
CUTHLIE COLD STORAGE SERVICES LIMITED
REGISTERED NUMBER: SC513526

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2023

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 29 September 2023.




Douglas J Brunton
Director

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

Page 2

 
CUTHLIE COLD STORAGE SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


GENERAL INFORMATION

Cuthlie Cold Storage Services Limited Limited is a private company, limited by shares, incorporated in Scotland with registration number SC513526. The registered office is Cuthlie Farm, Arbroath, Angus, United Kingdom, DD11 2NT.

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:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
CUTHLIE COLD STORAGE SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

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.

 
2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
4% 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.

 
2.6

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to
Page 4

 
CUTHLIE COLD STORAGE SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.ACCOUNTING POLICIES (CONTINUED)


2.6
FINANCIAL INSTRUMENTS (CONTINUED)

settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


TANGIBLE FIXED ASSETS





Plant and machinery

£



COST OR VALUATION


At 1 May 2022
1,314,524


Additions
38,812



At 30 April 2023

1,353,336



DEPRECIATION


At 1 May 2022
192,669


Charge for the year on owned assets
54,133



At 30 April 2023

246,802



NET BOOK VALUE



At 30 April 2023
1,106,534



At 30 April 2022
1,121,855

Page 5

 
CUTHLIE COLD STORAGE SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


FIXED ASSET INVESTMENTS





Trade investments

£





At 1 May 2022
50






NET BOOK VALUE



At 30 April 2023
50



At 30 April 2022
50

Page 6

 
CUTHLIE COLD STORAGE SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

6.


DEBTORS

2023
2022
£
£


Trade debtors
338,980
851,556

Other debtors
246,719
-

585,699
851,556



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Other loans
396,685
715,519

Trade creditors
99,587
155,921

Other taxation and social security
28,226
43,081

Obligations under finance lease and hire purchase contracts
71,579
69,604

Other creditors
20,236
15,246

616,313
999,371



8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
104,786
176,365

104,786
176,365



9.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



284 A shares shares of £1.00 each
284
284
283 B shares shares of £1.00 each
283
283
333 C share shares of £1.00 each
333
333
100 D share shares of £1.00 each
100
100

1,000

1,000



Page 7