Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30No description of principal activity22023-05-01false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC725912 2023-05-01 2024-04-30 SC725912 2022-05-01 2023-04-30 SC725912 2024-04-30 SC725912 2023-04-30 SC725912 c:Director1 2023-05-01 2024-04-30 SC725912 c:Director2 2023-05-01 2024-04-30 SC725912 c:RegisteredOffice 2023-05-01 2024-04-30 SC725912 d:Buildings 2023-05-01 2024-04-30 SC725912 d:Buildings 2024-04-30 SC725912 d:Buildings 2023-04-30 SC725912 d:Buildings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC725912 d:PlantMachinery 2023-05-01 2024-04-30 SC725912 d:PlantMachinery 2024-04-30 SC725912 d:PlantMachinery 2023-04-30 SC725912 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC725912 d:MotorVehicles 2023-05-01 2024-04-30 SC725912 d:MotorVehicles 2024-04-30 SC725912 d:MotorVehicles 2023-04-30 SC725912 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC725912 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC725912 d:CurrentFinancialInstruments 2024-04-30 SC725912 d:CurrentFinancialInstruments 2023-04-30 SC725912 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 SC725912 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 SC725912 d:ShareCapital 2024-04-30 SC725912 d:ShareCapital 2023-04-30 SC725912 d:RetainedEarningsAccumulatedLosses 2024-04-30 SC725912 d:RetainedEarningsAccumulatedLosses 2023-04-30 SC725912 c:OrdinaryShareClass1 2023-05-01 2024-04-30 SC725912 c:OrdinaryShareClass1 2024-04-30 SC725912 c:OrdinaryShareClass1 2023-04-30 SC725912 c:OrdinaryShareClass2 2023-05-01 2024-04-30 SC725912 c:OrdinaryShareClass2 2024-04-30 SC725912 c:OrdinaryShareClass2 2023-04-30 SC725912 c:OrdinaryShareClass3 2023-05-01 2024-04-30 SC725912 c:OrdinaryShareClass3 2024-04-30 SC725912 c:OrdinaryShareClass3 2023-04-30 SC725912 c:OrdinaryShareClass4 2023-05-01 2024-04-30 SC725912 c:OrdinaryShareClass4 2024-04-30 SC725912 c:OrdinaryShareClass4 2023-04-30 SC725912 c:OrdinaryShareClass5 2023-05-01 2024-04-30 SC725912 c:OrdinaryShareClass5 2024-04-30 SC725912 c:OrdinaryShareClass5 2023-04-30 SC725912 c:FRS102 2023-05-01 2024-04-30 SC725912 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC725912 c:FullAccounts 2023-05-01 2024-04-30 SC725912 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC725912 6 2023-05-01 2024-04-30 SC725912 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC725912










BURNHOUSE 2022 LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

 
BURNHOUSE 2022 LIMITED
 

COMPANY INFORMATION


Directors
Mr C Black 
Mr H Black 




Registered number
SC725912



Registered office
Castlehill Farm

Kilncadzow

Carluke

ML8 4QS




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
BURNHOUSE 2022 LIMITED
REGISTERED NUMBER: SC725912

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
1,700,829
1,700,238

Investments
  
100
100

  
1,700,929
1,700,338

Current assets
  

Debtors: amounts falling due within one year
 6 
-
2,000

Cash at bank and in hand
  
1,039,562
724,493

  
1,039,562
726,493

Creditors: amounts falling due within one year
 7 
(91,533)
(69,221)

Net current assets
  
 
 
948,029
 
 
657,272

Total assets less current liabilities
  
2,648,958
2,357,610

Provisions for liabilities
  

Deferred tax
  
(131,160)
(126,493)

  
 
 
(131,160)
 
 
(126,493)

Net assets
  
2,517,798
2,231,117


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
2,517,698
2,231,017

  
2,517,798
2,231,117


Page 1

 
BURNHOUSE 2022 LIMITED
REGISTERED NUMBER: SC725912

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 




Mr H Black
Mr C Black
Director
Director


Date: 22 August 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
BURNHOUSE 2022 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: SC725912. The registered office address is Castlehill Farm, Kilncadzow, Carluke, Scotland, ML8 4QS. 
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

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.

 
2.3

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.

Page 3

 
BURNHOUSE 2022 LIMITED
 

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

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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, using both the straight-line and reducing balance methods.

Depreciation is provided on the following basis:

Freehold property
-
2% Straight Line
Plant and machinery
-
20% Reducing balance
Motor vehicles
-
25% Reducing balance

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.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 4

 
BURNHOUSE 2022 LIMITED
 

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

2.Accounting policies (continued)

 
2.7

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.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

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.

 
2.8

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 2 (2023 - 2).


4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Total

£
£
£
£



Cost or valuation


At 1 May 2023
1,222,140
1,055,521
480,934
2,758,595


Additions
-
-
186,280
186,280


Disposals
-
-
(94,680)
(94,680)



At 30 April 2024

1,222,140
1,055,521
572,534
2,850,195



Depreciation


At 1 May 2023
21,505
765,315
271,537
1,058,357


Charge for the year on owned assets
24,443
58,041
76,061
158,545


Disposals
-
-
(67,536)
(67,536)



At 30 April 2024

45,948
823,356
280,062
1,149,366



Net book value



At 30 April 2024
1,176,192
232,165
292,472
1,700,829



At 30 April 2023
1,200,635
290,206
209,397
1,700,238

Page 5

 
BURNHOUSE 2022 LIMITED
 

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

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2023
100



At 30 April 2024
100





6.


Debtors

2024
2023
£
£


Prepayments and accrued income
-
2,000

-
2,000



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,200
821

Amounts owed to group undertakings
53,432
53,422

Other taxation and social security
34,445
12,728

Accruals and deferred income
2,456
2,250

91,533
69,221


Page 6

 
BURNHOUSE 2022 LIMITED
 

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

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



118 (2023 - 118) A shares of £0.10 each
12
12
450 (2023 - 450) B shares of £0.10 each
45
45
50 (2023 - 50) C shares of £0.10 each
5
5
50 (2023 - 50) D shares of £0.10 each
5
5
164 (2023 - 164) E shares of £0.10 each
16
16
166 (2023 - 166) F shares of £0.10 each
17
17

100

100



Page 7