1 January 2023 false No description of principal activity Taxfiler 2024.4 SC271497business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC2714972022-12-31 SC2714972023-01-012023-12-31 SC271497business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 SC271497business:FilletedAccounts2023-01-012023-12-31 SC2714972023-12-31 SC271497business:Director12023-01-012023-12-31 SC271497business:Director22023-01-012023-12-31 SC271497business:Director32023-01-012023-12-31 SC271497business:Director42023-01-012023-12-31 SC271497business:RegisteredOffice2023-01-012023-12-31 SC2714972022-12-31 SC271497core:WithinOneYear2023-12-31 SC271497core:WithinOneYear2022-12-31 SC271497core:SharePremiumcore:PreviouslyStatedAmount2023-12-31 SC271497core:SharePremiumcore:PreviouslyStatedAmount2022-12-31 SC271497core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC271497core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC271497core:PreviouslyStatedAmount2023-12-31 SC271497core:PreviouslyStatedAmount2022-12-31 SC271497business:SmallEntities2023-01-012023-12-31 SC271497countries:Scotland2023-01-012023-12-31 SC271497core:ComputerEquipment2023-01-012023-12-31 SC271497core:PlantMachinery2022-12-31 SC271497core:PlantMachinery2023-01-012023-12-31 SC271497core:PlantMachinery2023-12-31 SC2714972022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC271497 (Scotland)
Braefoot Investments Limited Unaudited accounts for the year ended 31 December 2023
Braefoot Investments Limited Unaudited accounts Contents
Page
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Braefoot Investments Limited Company Information for the year ended 31 December 2023
Directors
John McColl Linda Clark McColl John McColl Linda Clark McColl
Company Number
SC271497 (Scotland)
Registered Office
Mill Cottage Mill Lade Collessie Cupar KY15 7RQ
Accountants
Kelly Tax Services Limited New Alderston House 3 Dove Wynd, Strathclyde Business Park Bellshill North Lanarkshire ML4 3FB
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Braefoot Investments Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
279 
318 
Current assets
Debtors
300,043 
300,043 
Cash at bank and in hand
3,667 
4,216 
303,710 
304,259 
Creditors: amounts falling due within one year
(414)
(360)
Net current assets
303,296 
303,899 
Net assets
303,575 
304,217 
Capital and reserves
Share premium
10 
10 
Profit and loss account
303,565 
304,207 
Shareholders' funds
303,575 
304,217 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 1 August 2024 and were signed on its behalf by
John McColl Director Company Registration No. SC271497
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Braefoot Investments Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Braefoot Investments Limited is a private company, limited by shares, registered in Scotland, registration number SC271497. The registered office is Mill Cottage Mill Lade, Collessie, Cupar, KY15 7RQ.
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:
Computer equipment
25% SL
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
1,707 
Additions
69 
At 31 December 2023
1,776 
Depreciation
At 1 January 2023
1,389 
Charge for the year
108 
At 31 December 2023
1,497 
Net book value
At 31 December 2023
279 
At 31 December 2022
318 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
43 
43 
Other debtors
300,000 
300,000 
300,043 
300,043 
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Braefoot Investments Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
54 
- 
Accruals
360 
360 
414 
360 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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