Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity34truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC303621 2023-01-01 2023-12-31 SC303621 2022-01-01 2022-12-31 SC303621 2023-12-31 SC303621 2022-12-31 SC303621 c:Director1 2023-01-01 2023-12-31 SC303621 c:Director2 2023-01-01 2023-12-31 SC303621 c:Director3 2023-01-01 2023-12-31 SC303621 c:RegisteredOffice 2023-01-01 2023-12-31 SC303621 d:PlantMachinery 2023-01-01 2023-12-31 SC303621 d:PlantMachinery 2023-12-31 SC303621 d:PlantMachinery 2022-12-31 SC303621 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC303621 d:MotorVehicles 2023-01-01 2023-12-31 SC303621 d:MotorVehicles 2023-12-31 SC303621 d:MotorVehicles 2022-12-31 SC303621 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC303621 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC303621 d:CurrentFinancialInstruments 2023-12-31 SC303621 d:CurrentFinancialInstruments 2022-12-31 SC303621 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC303621 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 SC303621 d:ShareCapital 2023-12-31 SC303621 d:ShareCapital 2022-12-31 SC303621 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC303621 d:RetainedEarningsAccumulatedLosses 2022-12-31 SC303621 c:OrdinaryShareClass1 2023-01-01 2023-12-31 SC303621 c:OrdinaryShareClass1 2023-12-31 SC303621 c:OrdinaryShareClass1 2022-12-31 SC303621 c:FRS102 2023-01-01 2023-12-31 SC303621 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC303621 c:FullAccounts 2023-01-01 2023-12-31 SC303621 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC303621 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC303621










KINTYRE COUNTRY HOMES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
KINTYRE COUNTRY HOMES LIMITED
 

COMPANY INFORMATION


DIRECTORS
Mr D Hunter 
Mr C Hunter 
Mrs G Hunter 




REGISTERED NUMBER
SC303621



REGISTERED OFFICE
Westby
64 West High Street

Forfar

Angus

DD8 1BJ




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
KINTYRE COUNTRY HOMES LIMITED
REGISTERED NUMBER: SC303621

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
41,506
48,730

CURRENT ASSETS
  

Stocks
  
75,507
75,507

Debtors: amounts falling due within one year
 5 
458
30

Cash at bank and in hand
  
1,946
5,139

  
77,911
80,676

Creditors: amounts falling due within one year
 6 
(379,870)
(374,820)

NET CURRENT LIABILITIES
  
 
 
(301,959)
 
 
(294,144)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(260,453)
(245,414)

  

NET LIABILITIES
  
(260,453)
(245,414)


CAPITAL AND RESERVES
  

Called up share capital 
 7 
4
4

Profit and loss account
  
(260,457)
(245,418)

  
(260,453)
(245,414)


Page 1

 
KINTYRE COUNTRY HOMES LIMITED
REGISTERED NUMBER: SC303621

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 1 August 2024.




Mr C Hunter
Director

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

Page 2

 
KINTYRE COUNTRY HOMES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


GENERAL INFORMATION

Kintyre Country Homes Limited is a private company, limited by shares, domiciled in Scotland, registration number SC303621.  The registered office is Westby, 64 West High Street, Forfar, Angus, DD8 1BJ.  The principle place of business is Thornton Farm, Rosewell, Midlothian EH24 9EF.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.

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.

The following principal accounting policies have been applied:

 
2.2

GOING CONCERN

The accounts have been prepared on a going concern basis.  The profit and loss reserves are overdrawn and the company is dependant on the continuing support from the directors.  It is envisaged that this support will continue for the foreseeable future.

 
2.3

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.

Page 3

 
KINTYRE COUNTRY HOMES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
12.5%
Motor vehicles
-
25.0%

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

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

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.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

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 3 (2022 - 4).

Page 4

 
KINTYRE COUNTRY HOMES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


TANGIBLE FIXED ASSETS





Plant and machinery
Motor vehicles
Total

£
£
£



COST OR VALUATION


At 1 January 2023
71,309
21,495
92,804



At 31 December 2023

71,309
21,495
92,804



DEPRECIATION


At 1 January 2023
31,647
12,427
44,074


Charge for the year on owned assets
4,957
2,267
7,224



At 31 December 2023

36,604
14,694
51,298



NET BOOK VALUE



At 31 December 2023
34,705
6,801
41,506



At 31 December 2022
39,662
9,068
48,730

Page 5

 
KINTYRE COUNTRY HOMES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


DEBTORS

2023
2022
£
£


Other debtors
458
30



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Other creditors
374,870
374,820

Accruals and deferred income
5,000
-

379,870
374,820



7.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



4 (2022 - 4) Ordinary shares of £1.00 each
4
4



Page 6