Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falsefalseNo description of principal activity140139truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC104537 2023-05-01 2024-04-30 SC104537 2022-05-01 2023-04-30 SC104537 2024-04-30 SC104537 2023-04-30 SC104537 c:Director1 2023-05-01 2024-04-30 SC104537 c:Director2 2023-05-01 2024-04-30 SC104537 c:RegisteredOffice 2023-05-01 2024-04-30 SC104537 d:Buildings 2023-05-01 2024-04-30 SC104537 d:Buildings 2024-04-30 SC104537 d:Buildings 2023-04-30 SC104537 d:Buildings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC104537 d:Buildings d:LongLeaseholdAssets 2023-05-01 2024-04-30 SC104537 d:PlantMachinery 2023-05-01 2024-04-30 SC104537 d:PlantMachinery 2024-04-30 SC104537 d:PlantMachinery 2023-04-30 SC104537 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC104537 d:MotorVehicles 2023-05-01 2024-04-30 SC104537 d:MotorVehicles 2024-04-30 SC104537 d:MotorVehicles 2023-04-30 SC104537 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC104537 d:ComputerEquipment 2023-05-01 2024-04-30 SC104537 d:ComputerEquipment 2024-04-30 SC104537 d:ComputerEquipment 2023-04-30 SC104537 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC104537 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC104537 d:CurrentFinancialInstruments 2024-04-30 SC104537 d:CurrentFinancialInstruments 2023-04-30 SC104537 d:Non-currentFinancialInstruments 2024-04-30 SC104537 d:Non-currentFinancialInstruments 2023-04-30 SC104537 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 SC104537 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 SC104537 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 SC104537 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 SC104537 d:ShareCapital 2024-04-30 SC104537 d:ShareCapital 2023-04-30 SC104537 d:RetainedEarningsAccumulatedLosses 2024-04-30 SC104537 d:RetainedEarningsAccumulatedLosses 2023-04-30 SC104537 c:OrdinaryShareClass1 2023-05-01 2024-04-30 SC104537 c:OrdinaryShareClass1 2024-04-30 SC104537 c:OrdinaryShareClass1 2023-04-30 SC104537 c:FRS102 2023-05-01 2024-04-30 SC104537 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC104537 c:FullAccounts 2023-05-01 2024-04-30 SC104537 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC104537 d:WithinOneYear 2024-04-30 SC104537 d:WithinOneYear 2023-04-30 SC104537 d:BetweenOneFiveYears 2024-04-30 SC104537 d:BetweenOneFiveYears 2023-04-30 SC104537 d:MoreThanFiveYears 2024-04-30 SC104537 d:MoreThanFiveYears 2023-04-30 SC104537 6 2023-05-01 2024-04-30 SC104537 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC104537










HUGH BLACK & SONS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

 
HUGH BLACK & SONS LIMITED
 

COMPANY INFORMATION


Directors
Mr C Black 
Mr H Black 




Registered number
SC104537



Registered office
Block 3
Units 10/11 Whiteside Industrial Estate

Bathgate

West Lothian

EH48 2RX




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
HUGH BLACK & SONS LIMITED
REGISTERED NUMBER:SC104537

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
270,782
142,854

Investments
 5 
32,511
32,511

  
303,293
175,365

Current assets
  

Stocks
  
355,324
291,759

Debtors: amounts falling due within one year
 6 
209,840
152,593

Cash at bank and in hand
  
466,462
1,031,614

  
1,031,626
1,475,966

Creditors: amounts falling due within one year
 7 
(506,641)
(718,754)

Net current assets
  
 
 
524,985
 
 
757,212

Total assets less current liabilities
  
828,278
932,577

Creditors: amounts falling due after more than one year
 8 
(5,400)
-

Provisions for liabilities
  

Deferred tax
  
(45,635)
(16,175)

  
 
 
(45,635)
 
 
(16,175)

Net assets
  
777,243
916,402


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
777,143
916,302

  
777,243
916,402


Page 1

 
HUGH BLACK & SONS LIMITED
REGISTERED NUMBER:SC104537

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

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 by: 




Mr H Black
Mr C Black
Director
Director


Date: 22 August 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
HUGH BLACK & SONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The company is limited by shares and incorporated in Scotland; Registration Number: SC104537. The registered office address is Block 3, Units 10-11 Whiteside Industrial Estate, Bathgate, West Lothian, EH48 2RX.
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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

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:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

Page 3

 
HUGH BLACK & SONS LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.6

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.

Page 4

 
HUGH BLACK & SONS LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight-line and reducing balance methods.

Depreciation is provided on the following basis:

Freehold property
-
2% Straight line
Leasehold property improvements
-
writen off over the period of the lease
Plant and machinery
-
20% Reducing balance
Motor vehicles
-
25% Reducing balance
Computer equipment
-
33% Straight line

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.

 
2.7

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.8

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.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 140 (2023 - 139).

Page 5

 
HUGH BLACK & SONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 May 2023
81,227
24,649
43,991
18,977
168,844


Additions
-
151,006
-
10,099
161,105



At 30 April 2024

81,227
175,655
43,991
29,076
329,949



Depreciation


At 1 May 2023
11,266
3,727
8,812
2,185
25,990


Charge for the year on owned assets
1,625
15,062
8,795
7,695
33,177



At 30 April 2024

12,891
18,789
17,607
9,880
59,167



Net book value



At 30 April 2024
68,336
156,866
26,384
19,196
270,782



At 30 April 2023
69,961
20,922
35,179
16,792
142,854

Page 6

 
HUGH BLACK & SONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 May 2023
32,511



At 30 April 2024
32,511





6.


Debtors

2024
2023
£
£


Trade debtors
51,464
37,346

Amounts owed by group undertakings
53,432
53,422

Other debtors
78,961
43,021

Prepayments and accrued income
25,983
18,804

209,840
152,593



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
235,506
295,831

Other taxation and social security
126,407
320,816

Other creditors
9,729
490

Accruals and deferred income
134,999
101,617

506,641
718,754



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Government grants received
5,400
-

5,400
-


Page 7

 
HUGH BLACK & SONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



10.


Commitments under operating leases

At 30 April 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
45,775
53,322

Later than 1 year and not later than 5 years
119,500
52,000

Later than 5 years
1,083
14,083

166,358
119,405


11.


Controlling party

The controlling party is Burnhouse 2022 Limited, a company incorporated in Scotland; Registration number: SC725912. The registered office is Castlehill Farm, Kilncadzow, Carluke, Scotland, ML8 4QS.


Page 8