1 January 2023 false No description of principal activity Taxfiler 2024.5 SC336160business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC3361602022-12-31 SC3361602023-01-012023-12-31 SC336160business:AuditExemptWithAccountantsReport2023-01-012023-12-31 SC336160business:FilletedAccounts2023-01-012023-12-31 SC3361602023-12-31 SC336160business:Director12023-01-012023-12-31 SC336160business:Director22023-01-012023-12-31 SC336160business:RegisteredOffice2023-01-012023-12-31 SC3361602022-12-31 SC336160core:WithinOneYear2023-12-31 SC336160core:WithinOneYear2022-12-31 SC336160core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC336160core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC336160core:RevaluationReservecore:PreviouslyStatedAmount2023-12-31 SC336160core:RevaluationReservecore:PreviouslyStatedAmount2022-12-31 SC336160core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC336160core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC336160core:PreviouslyStatedAmount2023-12-31 SC336160core:PreviouslyStatedAmount2022-12-31 SC336160business:SmallEntities2023-01-012023-12-31 SC336160countries:Scotland2023-01-012023-12-31 SC336160core:PlantMachinery2023-01-012023-12-31 SC336160core:MotorVehicles2023-01-012023-12-31 SC336160core:ComputerEquipment2023-01-012023-12-31 SC336160core:PlantMachinery2022-12-31 SC336160core:MotorVehicles2022-12-31 SC336160core:ComputerEquipment2022-12-31 SC336160core:PlantMachinery2023-12-31 SC336160core:MotorVehicles2023-12-31 SC336160core:ComputerEquipment2023-12-31 SC3361602022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC336160 (Scotland)
Vaird Ltd Unaudited accounts for the year ended 31 December 2023
Vaird Ltd Unaudited accounts Contents
Page
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Vaird Ltd Company Information for the year ended 31 December 2023
Directors
Alexander Wishart Arlene Wishart
Company Number
SC336160 (Scotland)
Registered Office
Gleniffer 24 Main Street Perth PH2 7HB
Accountants
Fraser + Accountants 3 Barossa Place Perth Perthshire PH1 5HG
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Vaird Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,059 
12,506 
Investment property
1,087,352 
952,776 
1,103,411 
965,282 
Current assets
Debtors
10,206 
8,898 
Cash at bank and in hand
16,305 
28,272 
26,511 
37,170 
Creditors: amounts falling due within one year
(337,534)
(241,770)
Net current liabilities
(311,023)
(204,600)
Total assets less current liabilities
792,388 
760,682 
Provisions for liabilities
Other provisions
(14,022)
(14,022)
Net assets
778,366 
746,660 
Capital and reserves
Called up share capital
102 
102 
Revaluation reserve
64,030 
64,030 
Profit and loss account
714,234 
682,528 
Shareholders' funds
778,366 
746,660 
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 8 July 2024 and were signed on its behalf by
Arlene Wishart Director Company Registration No. SC336160
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Vaird Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Vaird Ltd is a private company, limited by shares, registered in Scotland, registration number SC336160. The registered office is Gleniffer, 24 Main Street, Perth, PH2 7HB.
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:
Plant & machinery
20% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Straightline
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Vaird Ltd Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
11,270 
26,446 
6,431 
44,147 
Additions
6,620 
- 
2,081 
8,701 
At 31 December 2023
17,890 
26,446 
8,512 
52,848 
Depreciation
At 1 January 2023
5,354 
21,711 
4,576 
31,641 
Charge for the year
2,507 
1,184 
1,457 
5,148 
At 31 December 2023
7,861 
22,895 
6,033 
36,789 
Net book value
At 31 December 2023
10,029 
3,551 
2,479 
16,059 
At 31 December 2022
5,916 
4,735 
1,855 
12,506 
5
Investment property
2023 
£ 
Fair value at 1 January 2023
952,776 
Additions
134,576 
At 31 December 2023
1,087,352 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,002 
7,989 
Accrued income and prepayments
1,204 
909 
10,206 
8,898 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
4,060 
1,029 
Taxes and social security
7,150 
8,852 
Other creditors
13,930 
11,495 
Loans from directors
311,394 
219,394 
Accruals
1,000 
1,000 
337,534 
241,770 
8
Average number of employees
During the year the average number of employees was 1 (2022: 0).
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