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REGISTERED NUMBER: SC641677 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Foxlinn Limited

Foxlinn Limited (Registered number: SC641677)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Foxlinn Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: Miss L K Tennant





REGISTERED OFFICE: Douglas Home & Co
41 Charlotte Square
Edinburgh
EH2 4HQ





REGISTERED NUMBER: SC641677 (Scotland)





ACCOUNTANTS: Douglas Home & Co Ltd
Chartered Accountants
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Foxlinn Limited (Registered number: SC641677)

Balance Sheet
30 September 2023

30/9/23 30/9/22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,039,822 870,115

CURRENT ASSETS
Debtors 5 (220 ) 1,708
Cash at bank 6,118 1,232
5,898 2,940
CREDITORS
Amounts falling due within one year 6 262,834 431,946
NET CURRENT LIABILITIES (256,936 ) (429,006 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

782,886

441,109

CREDITORS
Amounts falling due after more than one
year

7

737,677

375,917
NET ASSETS 45,209 65,192

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 45,208 65,191
45,209 65,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Foxlinn Limited (Registered number: SC641677)

Balance Sheet - continued
30 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 March 2024 and were signed by:





Miss L K Tennant - Director


Foxlinn Limited (Registered number: SC641677)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Foxlinn Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

Foxlinn Limited (Registered number: SC641677)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2022 869,300 1,020 870,320
Additions 169,065 821 169,886
At 30 September 2023 1,038,365 1,841 1,040,206
DEPRECIATION
At 1 October 2022 - 205 205
Charge for year - 179 179
At 30 September 2023 - 384 384
NET BOOK VALUE
At 30 September 2023 1,038,365 1,457 1,039,822
At 30 September 2022 869,300 815 870,115

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Trade debtors (220 ) 1,708

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Bank loans and overdrafts 44,690 46,534
Trade creditors 20 94
Taxation and social security 21,629 11,788
Other creditors 196,495 373,530
262,834 431,946

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/9/23 30/9/22
£    £   
Bank loans 737,677 375,917