Caseware UK (AP4) 2022.0.179 2022.0.179 2023-10-312023-10-31false2022-11-01No description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC551281 2022-11-01 2023-10-31 SC551281 2021-11-01 2022-10-31 SC551281 2023-10-31 SC551281 2022-10-31 SC551281 c:CompanySecretary1 2022-11-01 2023-10-31 SC551281 c:Director1 2022-11-01 2023-10-31 SC551281 c:RegisteredOffice 2022-11-01 2023-10-31 SC551281 d:CurrentFinancialInstruments 2023-10-31 SC551281 d:CurrentFinancialInstruments 2022-10-31 SC551281 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 SC551281 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 SC551281 d:ShareCapital 2023-10-31 SC551281 d:ShareCapital 2022-10-31 SC551281 d:RetainedEarningsAccumulatedLosses 2023-10-31 SC551281 d:RetainedEarningsAccumulatedLosses 2022-10-31 SC551281 c:OrdinaryShareClass1 2022-11-01 2023-10-31 SC551281 c:OrdinaryShareClass1 2023-10-31 SC551281 c:OrdinaryShareClass1 2022-10-31 SC551281 c:FRS102 2022-11-01 2023-10-31 SC551281 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 SC551281 c:FullAccounts 2022-11-01 2023-10-31 SC551281 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 SC551281 e:PoundSterling 2022-11-01 2023-10-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC551281










SARAH MACKIE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

 
SARAH MACKIE LIMITED
 

COMPANY INFORMATION


DIRECTOR
Miss S B Mackie 




COMPANY SECRETARY
Miss S B Mackie



REGISTERED NUMBER
SC551281



REGISTERED OFFICE
Westby
64 West High Street

Forfar

Angus

DD8 1BJ




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
SARAH MACKIE LIMITED
REGISTERED NUMBER: SC551281

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
£
£

  

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 4 
9,280
9,007

Cash at bank and in hand
  
149,920
169,076

  
159,200
178,083

Creditors: amounts falling due within one year
 5 
(88,601)
(68,734)

NET CURRENT ASSETS
  
 
 
70,599
 
 
109,349

TOTAL ASSETS LESS CURRENT LIABILITIES
  
70,599
109,349

  

NET ASSETS
  
70,599
109,349


CAPITAL AND RESERVES
  

Called up share capital 
 6 
100
100

Profit and loss account
  
70,499
109,249

  
70,599
109,349


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 23 February 2024.




Miss S B Mackie
Director

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

Page 1

 
SARAH MACKIE LIMITED
 

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

1.


GENERAL INFORMATION

The entity is a Limited Comapny registered in Scotland, with the registered office being situated at Westby, 64 West High Street, Forfar, Angus, DD8 1BJ. The financial statements are presented in Sterling which is the functional currency of the Compnay and 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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Rendering of services

Revenue 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 revenue 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

 
SARAH MACKIE LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

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.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

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.

 
2.4

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 1 (2022 - 1).


4.


DEBTORS

2023
2022
£
£


Trade debtors
8,400
9,007

Tax recoverable
880
-

9,280
9,007



5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Trade creditors
21
182

Other creditors (incl directors loans)
86,080
66,052

Accruals and deferred income
2,500
2,500

88,601
68,734


Page 3

 
SARAH MACKIE LIMITED
 

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

6.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


Page 4