28 April 2022 false No description of principal activity Taxfiler 2024.1 SC446400business:PrivateLimitedCompanyLtd2022-04-282023-04-27 SC4464002022-04-27 SC4464002022-04-282023-04-27 SC446400business:AuditExemptWithAccountantsReport2022-04-282023-04-27 SC446400business:FilletedAccounts2022-04-282023-04-27 SC4464002023-04-27 SC446400business:Director12022-04-282023-04-27 SC446400business:RegisteredOffice2022-04-282023-04-27 SC4464002022-04-27 SC446400core:WithinOneYear2023-04-27 SC446400core:WithinOneYear2022-04-27 SC446400core:AfterOneYear2023-04-27 SC446400core:AfterOneYear2022-04-27 SC446400core:ShareCapitalcore:PreviouslyStatedAmount2023-04-27 SC446400core:ShareCapitalcore:PreviouslyStatedAmount2022-04-27 SC446400core:RevaluationReservecore:PreviouslyStatedAmount2023-04-27 SC446400core:RevaluationReservecore:PreviouslyStatedAmount2022-04-27 SC446400core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-27 SC446400core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-27 SC446400core:PreviouslyStatedAmount2023-04-27 SC446400core:PreviouslyStatedAmount2022-04-27 SC446400business:SmallEntities2022-04-282023-04-27 SC446400countries:Scotland2022-04-282023-04-27 SC446400core:PlantMachinery2022-04-282023-04-27 SC446400core:PlantMachinery2022-04-27 SC446400core:PlantMachinery2023-04-27 SC4464002021-04-282022-04-27 iso4217:GBP xbrli:pure
Company Registration No. SC446400 (Scotland)
FERNHILL SYSTEMS (SCOTLAND) LIMITED Unaudited accounts for the year ended 27 April 2023
FERNHILL SYSTEMS (SCOTLAND) LIMITED Unaudited accounts Contents
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FERNHILL SYSTEMS (SCOTLAND) LIMITED Company Information for the year ended 27 April 2023
Director
Dr Mohamed Anwar
Company Number
SC446400 (Scotland)
Registered Office
8/22 PORTLAND GARDENS EDINBURGH EH6 6NJ SCOTLAND
Accountants
Mayfield 1st Floor, 5 Highgate Business Centre Highgate Road Birmingham B12 8EA
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FERNHILL SYSTEMS (SCOTLAND) LIMITED Statement of financial position as at 27 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
160,896 
87,310 
Investment property
5,794,831 
4,262,965 
5,955,727 
4,350,275 
Current assets
Debtors
41,657 
99,475 
Cash at bank and in hand
669,978 
273,707 
711,635 
373,182 
Creditors: amounts falling due within one year
(17,065)
(78,802)
Net current assets
694,570 
294,380 
Total assets less current liabilities
6,650,297 
4,644,655 
Creditors: amounts falling due after more than one year
(3,143,981)
(1,071,284)
Provisions for liabilities
Deferred tax
(10,599)
- 
Net assets
3,495,717 
3,573,371 
Capital and reserves
Called up share capital
6 
6 
Revaluation reserve
- 
56,822 
Profit and loss account
3,495,711 
3,516,543 
Shareholders' funds
3,495,717 
3,573,371 
For the year ending 27 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2023 and were signed on its behalf by
Dr Mohamed Anwar Director Company Registration No. SC446400
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FERNHILL SYSTEMS (SCOTLAND) LIMITED Notes to the Accounts for the year ended 27 April 2023
1
Statutory information
FERNHILL SYSTEMS (SCOTLAND) LIMITED is a private company, limited by shares, registered in Scotland, registration number SC446400. The registered office is 8/22 PORTLAND GARDENS, EDINBURGH, EH6 6NJ, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing line basis
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FERNHILL SYSTEMS (SCOTLAND) LIMITED Notes to the Accounts for the year ended 27 April 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 28 April 2022
141,207 
Additions
117,163 
Disposals
(4,800)
At 27 April 2023
253,570 
Depreciation
At 28 April 2022
53,897 
Charge for the year
40,505 
On disposals
(1,728)
At 27 April 2023
92,674 
Net book value
At 27 April 2023
160,896 
At 27 April 2022
87,310 
5
Investment property
2023 
£ 
Fair value at 28 April 2022
4,262,965 
Additions
1,990,272 
Disposals
(458,406)
At 27 April 2023
5,794,831 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
41,657 
77,561 
Deferred tax asset
7,798 
Other debtors
- 
14,116 
41,657 
99,475 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
8,561 
46,829 
Trade creditors
658 
7,449 
Taxes and social security
1,351 
9,948 
Other creditors
5,699 
13,830 
Loans from directors
796 
746 
17,065 
78,802 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
3,143,981 
1,071,284 
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FERNHILL SYSTEMS (SCOTLAND) LIMITED Notes to the Accounts for the year ended 27 April 2023
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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