Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-3022022-05-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC363978 2022-05-01 2023-04-30 SC363978 2021-05-01 2022-04-30 SC363978 2023-04-30 SC363978 2022-04-30 SC363978 c:CompanySecretary1 2022-05-01 2023-04-30 SC363978 c:Director1 2022-05-01 2023-04-30 SC363978 c:Director2 2022-05-01 2023-04-30 SC363978 c:RegisteredOffice 2022-05-01 2023-04-30 SC363978 d:Buildings d:ShortLeaseholdAssets 2022-05-01 2023-04-30 SC363978 d:Buildings d:ShortLeaseholdAssets 2023-04-30 SC363978 d:Buildings d:ShortLeaseholdAssets 2022-04-30 SC363978 d:PlantMachinery 2022-05-01 2023-04-30 SC363978 d:PlantMachinery 2023-04-30 SC363978 d:PlantMachinery 2022-04-30 SC363978 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 SC363978 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 SC363978 d:CurrentFinancialInstruments 2023-04-30 SC363978 d:CurrentFinancialInstruments 2022-04-30 SC363978 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 SC363978 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 SC363978 d:ShareCapital 2023-04-30 SC363978 d:ShareCapital 2022-04-30 SC363978 d:CapitalRedemptionReserve 2023-04-30 SC363978 d:CapitalRedemptionReserve 2022-04-30 SC363978 d:RetainedEarningsAccumulatedLosses 2023-04-30 SC363978 d:RetainedEarningsAccumulatedLosses 2022-04-30 SC363978 c:FRS102 2022-05-01 2023-04-30 SC363978 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 SC363978 c:FullAccounts 2022-05-01 2023-04-30 SC363978 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 SC363978 2 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure
Registered number: SC363978










CRUDIE FARMS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

 
CRUDIE FARMS LIMITED
 

COMPANY INFORMATION


DIRECTORS
R H Brunton 
H C Brunton 




COMPANY SECRETARY
R H Brunton



REGISTERED NUMBER
SC363978



REGISTERED OFFICE
Crudie Acres Farm

Arbroath

Angus

DD11 2NP




ACCOUNTANTS
EQ Accountants LLP
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
CRUDIE FARMS LIMITED
REGISTERED NUMBER: SC363978

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
£
£

FIXED ASSETS
  

Tangible assets
 4 
617,151
670,839

  
617,151
670,839

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
749,089
579,041

Cash at bank and in hand
  
4,283
10,461

  
753,372
589,502

Creditors: amounts falling due within one year
 6 
(347,210)
(210,832)

NET CURRENT ASSETS
  
 
 
406,162
 
 
378,670

TOTAL ASSETS LESS CURRENT LIABILITIES
  
1,023,313
1,049,509

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(77,473)
(78,940)

  
 
 
(77,473)
 
 
(78,940)

NET ASSETS
  
945,840
970,569


CAPITAL AND RESERVES
  

Called up share capital 
  
450
450

Capital redemption reserve
  
450
450

Profit and loss account
  
944,940
969,669

  
945,840
970,569

Page 1

 
CRUDIE FARMS LIMITED
REGISTERED NUMBER: SC363978

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2023

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 November 2023.




R H Brunton
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CRUDIE FARMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


GENERAL INFORMATION

Crudie Farms Limited is a private company, limited by shares, incorporated in Scotland with registration number SC363978. The registered office is Crudie Acres, Farm, Arbroath, Angus, DD11 2NP.
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.

 
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:

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.

 
2.3

INTEREST INCOME

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

 
2.4

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
CRUDIE FARMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.ACCOUNTING POLICIES (CONTINUED)


2.4
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the following methods.

Depreciation is provided on the following basis:

Land and buildings
-
4% straight line
Plant and machinery
-
12.5% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

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 2 (2022 - 2).

Page 4

 
CRUDIE FARMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


TANGIBLE FIXED ASSETS





Land & buildings
Plant and machinery
Total

£
£
£



COST OR VALUATION


At 1 May 2022
952,632
203,000
1,155,632



At 30 April 2023

952,632
203,000
1,155,632



DEPRECIATION


At 1 May 2022
406,454
78,339
484,793


Charge for the year on owned assets
38,105
15,583
53,688



At 30 April 2023

444,559
93,922
538,481



NET BOOK VALUE



At 30 April 2023
508,073
109,078
617,151



At 30 April 2022
546,178
124,661
670,839

Page 5

 
CRUDIE FARMS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


DEBTORS

2023
2022
£
£


Trade debtors
344,955
306,282

Other debtors
404,134
272,759

749,089
579,041



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Other taxation and social security
-
10,597

Other creditors
347,210
200,235

347,210
210,832



Page 6