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REGISTERED NUMBER: SC723725 (Scotland)















Financial Statements

for the Period 21 February 2022 to 28 February 2023

for

Fergusonstrathaven Limited

Fergusonstrathaven Limited (Registered number: SC723725)






Contents of the Financial Statements
for the Period 21 February 2022 to 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fergusonstrathaven Limited

Company Information
for the Period 21 February 2022 to 28 February 2023







DIRECTORS: Mrs S M Ferguson
C Ferguson





REGISTERED OFFICE: The Cottage
East Drumloch Farm
Hamilton
ML3 8RL





REGISTERED NUMBER: SC723725 (Scotland)






Fergusonstrathaven Limited (Registered number: SC723725)

Balance Sheet
28 February 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 10,094
Tangible assets 5 671
10,765

CURRENT ASSETS
Stocks 3,250
Cash at bank 540
3,790
CREDITORS
Amounts falling due within one year 6 19,218
NET CURRENT LIABILITIES (15,428 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,663

)

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings (4,665 )
(4,663 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 2 February 2024 and were signed on its behalf by:





Mrs S M Ferguson - Director


Fergusonstrathaven Limited (Registered number: SC723725)

Notes to the Financial Statements
for the Period 21 February 2022 to 28 February 2023

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Fergusonstrathaven Limited (Registered number: SC723725)

Notes to the Financial Statements - continued
for the Period 21 February 2022 to 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 11,216
At 28 February 2023 11,216
AMORTISATION
Charge for period 1,122
At 28 February 2023 1,122
NET BOOK VALUE
At 28 February 2023 10,094

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 839
At 28 February 2023 839
DEPRECIATION
Charge for period 168
At 28 February 2023 168
NET BOOK VALUE
At 28 February 2023 671

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 19,218

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mrs S Ferguson and Mr C Ferguson.