Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31false2022-06-01true3trueNo description of principal activity3The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC057727 2022-06-01 2023-05-31 SC057727 2021-06-01 2022-05-31 SC057727 2023-05-31 SC057727 2022-05-31 SC057727 c:CompanySecretary1 2022-06-01 2023-05-31 SC057727 c:Director1 2022-06-01 2023-05-31 SC057727 c:Director1 2023-05-31 SC057727 c:Director2 2022-06-01 2023-05-31 SC057727 c:Director3 2022-06-01 2023-05-31 SC057727 c:RegisteredOffice 2022-06-01 2023-05-31 SC057727 d:CurrentFinancialInstruments 2023-05-31 SC057727 d:CurrentFinancialInstruments 2022-05-31 SC057727 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 SC057727 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 SC057727 d:ShareCapital 2023-05-31 SC057727 d:ShareCapital 2022-05-31 SC057727 d:SharePremium 2023-05-31 SC057727 d:SharePremium 2022-05-31 SC057727 d:RetainedEarningsAccumulatedLosses 2023-05-31 SC057727 d:RetainedEarningsAccumulatedLosses 2022-05-31 SC057727 c:OrdinaryShareClass1 2022-06-01 2023-05-31 SC057727 c:OrdinaryShareClass1 2023-05-31 SC057727 c:OrdinaryShareClass1 2022-05-31 SC057727 c:FRS102 2022-06-01 2023-05-31 SC057727 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 SC057727 c:FullAccounts 2022-06-01 2023-05-31 SC057727 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 SC057727 2 2022-06-01 2023-05-31 SC057727 6 2022-06-01 2023-05-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC057727










INVERBLAIR LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

 
INVERBLAIR LIMITED
 

COMPANY INFORMATION


DIRECTORS
J A Inverarity (resigned 25 July 2023)
A J Inverarity 
C M Inverarity 




COMPANY SECRETARY
Ms A J Inverarity



REGISTERED NUMBER
SC057727



REGISTERED OFFICE
Cransley
Fowlis

By Dundee

DD2 5NP





 
INVERBLAIR LIMITED
REGISTERED NUMBER: SC057727

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2023

2023
2022
£
£

FIXED ASSETS
  

Investments
 4 
2,345,611
63,000

  
2,345,611
63,000

CURRENT ASSETS
  

Cash at bank and in hand
  
1,408,499
253

  
1,408,499
253

Creditors: amounts falling due within one year
 5 
(2,100)
(2,100)

NET CURRENT ASSETS/(LIABILITIES)
  
 
 
1,406,399
 
 
(1,847)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
3,752,010
61,153

  

NET ASSETS
  
3,752,010
61,153


CAPITAL AND RESERVES
  

Called up share capital 
 6 
137,500
137,500

Share premium account
  
136,516
136,516

Profit and loss account
  
3,477,994
(212,863)

  
3,752,010
61,153


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 2 February 2024.




C M Inverarity
Director

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

Page 1

 
INVERBLAIR LIMITED
 

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

1.


GENERAL INFORMATION

The entity is a private company, limited by shares and incorporated in Scotland. The address of the registered office is Cransley, Fowlis, By Dundee, DD2 5NP.
The financial statements are presented in Sterling which is the functional currency of the company rounded to the nearest £.

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

INTEREST INCOME

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

 
2.3

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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.


3.


EMPLOYEES

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

Page 2

 
INVERBLAIR LIMITED
 

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

4.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies
Listed investments
Total

£
£
£



COST OR VALUATION


At 1 June 2022
63,000
-
63,000


Additions
-
2,204,327
2,204,327


Disposals
-
(129,274)
(129,274)


Revaluations
-
207,558
207,558



At 31 May 2023
63,000
2,282,611
2,345,611





5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Amounts owed to group undertakings
2,100
2,100

2,100
2,100



6.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



137,500 (2022 - 137,500) Ordinary shares of £1.00 each
137,500
137,500



Page 3