Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-313The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-08-01falseNo description of principal activity3truetrue SC703858 2022-08-01 2023-07-31 SC703858 2021-07-12 2022-07-31 SC703858 2023-07-31 SC703858 2022-07-31 SC703858 c:CompanySecretary1 2022-08-01 2023-07-31 SC703858 c:Director1 2022-08-01 2023-07-31 SC703858 c:Director2 2022-08-01 2023-07-31 SC703858 c:Director3 2022-08-01 2023-07-31 SC703858 c:RegisteredOffice 2022-08-01 2023-07-31 SC703858 d:CurrentFinancialInstruments 2023-07-31 SC703858 d:CurrentFinancialInstruments 2022-07-31 SC703858 d:Non-currentFinancialInstruments 2023-07-31 SC703858 d:Non-currentFinancialInstruments 2022-07-31 SC703858 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 SC703858 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 SC703858 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 SC703858 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 SC703858 d:ShareCapital 2023-07-31 SC703858 d:ShareCapital 2022-07-31 SC703858 d:RetainedEarningsAccumulatedLosses 2023-07-31 SC703858 d:RetainedEarningsAccumulatedLosses 2022-07-31 SC703858 c:OrdinaryShareClass1 2022-08-01 2023-07-31 SC703858 c:OrdinaryShareClass1 2023-07-31 SC703858 c:OrdinaryShareClass1 2022-07-31 SC703858 c:FRS102 2022-08-01 2023-07-31 SC703858 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 SC703858 c:FullAccounts 2022-08-01 2023-07-31 SC703858 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC703858










PANMURE INVESTMENTS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

 
PANMURE INVESTMENTS LIMITED
 

COMPANY INFORMATION


DIRECTORS
Douglas James Brunton 
Guthrie William Brunton 
James Douglas Brunton 




COMPANY SECRETARY
C/O Turcan Connell Princes Exchange



REGISTERED NUMBER
SC703858



REGISTERED OFFICE
1 Earl Grey Street

Edinburgh

United Kingdom

EH3 9EE




ACCOUNTANTS
EQ Accountants LLP
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
PANMURE INVESTMENTS LIMITED
REGISTERED NUMBER: SC703858

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
2022
£
£

  

CURRENT ASSETS
  

Debtors: amounts falling due after more than one year
 4 
425,000
100,000

Debtors: amounts falling due within one year
 4 
317
20,410

Bank and cash balances
  
443,827
969,091

  
869,144
1,089,501

Creditors: amounts falling due within one year
 5 
(1,500)
(1,500)

NET CURRENT ASSETS
  
 
 
867,644
 
 
1,088,001

TOTAL ASSETS LESS CURRENT LIABILITIES
  
867,644
1,088,001

Creditors: amounts falling due after more than one year
 6 
(1,313)
(207,267)

  

NET ASSETS
  
866,331
880,734


CAPITAL AND RESERVES
  

Called up share capital 
 7 
10
10

Profit and loss account
  
866,321
880,724

  
866,331
880,734


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 25 September 2023.




James Douglas Brunton
Guthrie William Brunton
Director
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
PANMURE INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


GENERAL INFORMATION

Panmure Investments Limited is a private company, limited by shares, incorporated in Scotland with registration number SC703858. The principal place of business is at Cuthlie Farm, Arbroath, Angus, DD11 2NT.
The company's functional and presentational currency is GBP.

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.

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.

Page 2

 
PANMURE INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.ACCOUNTING POLICIES (CONTINUED)

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

 
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.


3.


EMPLOYEES

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


4.


DEBTORS

2023
2022
£
£

DUE AFTER MORE THAN ONE YEAR

Due from participating interests
425,000
100,000

425,000
100,000


2023
2022
£
£

DUE WITHIN ONE YEAR

Trade debtors
-
350

Director's loan accounts
317
20,060

317
20,410


Page 3

 
PANMURE INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.DEBTORS (CONTINUED)

Included within other debtors due within one year is a loan to G Brunton, J Brunton and D Brunton, directors, amounting to £158 & £157 & £2 (2022 - £10,030 & £10,028 & £2). £19,999 was repaid during the year and £256 was advanced.  The main conditions were as follows:
Interest is charged at the official interest rate of 2%. The loan is repayable on demand.


5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Accruals and deferred income
1,500
1,500

1,500
1,500



6.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023
2022
£
£

Other creditors
1,313
207,267

1,313
207,267



7.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



10 (2022 - 10) Ordinary Shares shares of £1.0 each
10
10


Page 4