Duchrae Estate Limited SC436811 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Silviculture and other forestry activities Digita Accounts Production Advanced 6.30.9574.0 true SC436811 2023-04-01 2024-03-31 SC436811 2024-03-31 SC436811 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 SC436811 core:LandBuildings 2024-03-31 SC436811 bus:SmallEntities 2023-04-01 2024-03-31 SC436811 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 SC436811 bus:FullAccounts 2023-04-01 2024-03-31 SC436811 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC436811 bus:RegisteredOffice 2023-04-01 2024-03-31 SC436811 bus:Director1 2023-04-01 2024-03-31 SC436811 bus:Director2 2023-04-01 2024-03-31 SC436811 bus:Director3 2023-04-01 2024-03-31 SC436811 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC436811 core:LandBuildings 2023-04-01 2024-03-31 SC436811 countries:Scotland 2023-04-01 2024-03-31 SC436811 2023-03-31 SC436811 core:LandBuildings 2023-03-31 SC436811 2022-04-01 2023-03-31 SC436811 2023-03-31 SC436811 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 SC436811 core:LandBuildings 2023-03-31 iso4217:GBP xbrli:pure

Registration number: SC436811

Duchrae Estate Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Duchrae Estate Limited

Contents

Company Information

1

Directors' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 5

 

Duchrae Estate Limited

Company Information

Directors

Mr Jonathan Mark Gain

Ms Claire Sabrina Taylor

Mr David Joseph Stein

Registered office

Murrayshall Country House Hotel
Scone
Perth
PH2 7PH

 

Duchrae Estate Limited

Directors' Report for the Year Ended 31 March 2024

The directors present their report and the financial statements for the year ended 31 March 2024.

Directors of the company

The directors who held office during the year were as follows:

Mr Jonathan Mark Gain

Ms Claire Sabrina Taylor

Mr David Joseph Stein

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 23 August 2024 and signed on its behalf by:
 

.........................................
Mr Jonathan Mark Gain
Director

 

Duchrae Estate Limited

(Registration number: SC436811)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

1,215,225

1,215,225

Current assets

 

Cash at bank and in hand

 

7,354

8,502

Creditors: Amounts falling due within one year

4

(1,132,627)

(1,133,772)

Net current liabilities

 

(1,125,273)

(1,125,270)

Net assets

 

89,952

89,955

Capital and reserves

 

Called up share capital

100

100

Retained earnings

89,852

89,855

Shareholders' funds

 

89,952

89,955

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 23 August 2024 and signed on its behalf by:
 

.........................................
Mr Jonathan Mark Gain
Director

 

Duchrae Estate Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is provided in order to write off each asset over its estimated useful life.

Amounts written off each asset over the estimated useful life represent cost less residual value.

The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of the reporting period.

Asset class

Depreciation method and rate

Land and buildings

Nil

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

 

Duchrae Estate Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

3

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2023

1,215,225

1,215,225

At 31 March 2024

1,215,225

1,215,225

Depreciation

Carrying amount

At 31 March 2024

1,215,225

1,215,225

At 31 March 2023

1,215,225

1,215,225

Included within the net book value of land and buildings above is £1,215,225 (2023 - £1,215,225) in respect of freehold land and buildings.
 

4

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

1,132,627

1,133,772