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REGISTERED NUMBER: SC230640 (Scotland)















Financial Statements for the Year Ended 31 October 2023

for

Beauly Station Limited

Beauly Station Limited (Registered number: SC230640)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Beauly Station Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Ms J Cumming





REGISTERED OFFICE: The Old Station
Station Road
Beauly
Inverness-shire
IV4 7EG





REGISTERED NUMBER: SC230640 (Scotland)





ACCOUNTANTS: Highland Accountancy Practice
Chartered Accountants
Suite 1A, Willow House
Stoneyfield Business Park
Inverness
Highland
IV2 7PA

Beauly Station Limited (Registered number: SC230640)

Abridged Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 594,426 612,649

CURRENT ASSETS
Stocks 350 450
Debtors 44,209 35,343
Cash at bank 6,838 7,763
51,397 43,556
CREDITORS
Amounts falling due within one year 335,650 327,278
NET CURRENT LIABILITIES (284,253 ) (283,722 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

310,173

328,927

CREDITORS
Amounts falling due after more than one
year

152,437

162,784
NET ASSETS 157,736 166,143

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 157,636 166,043
SHAREHOLDERS' FUNDS 157,736 166,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Beauly Station Limited (Registered number: SC230640)

Abridged Balance Sheet - continued
31 October 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 July 2024 and were signed by:





Ms J Cumming - Director


Beauly Station Limited (Registered number: SC230640)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Beauly Station 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold Property - 2% on cost
Fixtures and Fittings - 15% on reducing balance
Computer Equipment - 33% on cost

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation, impairment losses, and reversals of impairment losses (where applicable).

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 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 3 (2022 - 2 ) .

Beauly Station Limited (Registered number: SC230640)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022 714,988
Additions 4,212
At 31 October 2023 719,200
DEPRECIATION
At 1 November 2022 102,339
Charge for year 22,435
At 31 October 2023 124,774
NET BOOK VALUE
At 31 October 2023 594,426
At 31 October 2022 612,649

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
Ms J Cumming
Balance outstanding at start of year (304,309 ) (215,558 )
Amounts advanced 137,263 -
Amounts repaid (143,353 ) (88,751 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (310,399 ) (304,309 )

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Cumming.