Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30true2falseNo description of principal activity2023-07-01false2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC361625 2023-07-01 2024-06-30 SC361625 2022-07-01 2023-06-30 SC361625 2024-06-30 SC361625 2023-06-30 SC361625 c:Director1 2023-07-01 2024-06-30 SC361625 c:Director2 2023-07-01 2024-06-30 SC361625 c:RegisteredOffice 2023-07-01 2024-06-30 SC361625 d:Buildings 2023-07-01 2024-06-30 SC361625 d:Buildings 2024-06-30 SC361625 d:Buildings 2023-06-30 SC361625 d:Buildings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC361625 d:PlantMachinery 2023-07-01 2024-06-30 SC361625 d:PlantMachinery 2024-06-30 SC361625 d:PlantMachinery 2023-06-30 SC361625 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC361625 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC361625 d:CurrentFinancialInstruments 2024-06-30 SC361625 d:CurrentFinancialInstruments 2023-06-30 SC361625 d:Non-currentFinancialInstruments 2024-06-30 SC361625 d:Non-currentFinancialInstruments 2023-06-30 SC361625 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC361625 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC361625 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 SC361625 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 SC361625 d:ShareCapital 2024-06-30 SC361625 d:ShareCapital 2023-06-30 SC361625 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC361625 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC361625 c:OrdinaryShareClass1 2023-07-01 2024-06-30 SC361625 c:OrdinaryShareClass1 2024-06-30 SC361625 c:OrdinaryShareClass1 2023-06-30 SC361625 c:FRS102 2023-07-01 2024-06-30 SC361625 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC361625 c:FullAccounts 2023-07-01 2024-06-30 SC361625 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC361625 6 2023-07-01 2024-06-30 SC361625 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC361625










REDWELL FARMS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
REDWELL FARMS LIMITED
 

COMPANY INFORMATION


DIRECTORS
T R Callander 
Gail Callander 




REGISTERED NUMBER
SC361625



REGISTERED OFFICE
Redwell Farm

By Forfar

Angus

DD8 1QB




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
REDWELL FARMS LIMITED
REGISTERED NUMBER: SC361625

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
                                                      
£
£

FIXED ASSETS
  

Tangible assets
 4 
896,462
862,702

Investments
 5 
50
50

  
896,512
862,752

CURRENT ASSETS
  

Stocks
  
47,871
48,609

Debtors: amounts falling due within one year
 6 
10,402
8,510

Cash at bank and in hand
  
33,102
23,095

  
91,375
80,214

Creditors: amounts falling due within one year
 7 
(195,576)
(106,665)

NET CURRENT LIABILITIES
  
 
 
(104,201)
 
 
(26,451)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
792,311
836,301

Creditors: amounts falling due after more than one year
 8 
(19,766)
-

  

NET ASSETS
  
772,545
836,301


CAPITAL AND RESERVES
  

Called up share capital 
 9 
989,183
989,183

Profit and loss account
  
(216,638)
(152,882)

  
772,545
836,301


Page 1

 
REDWELL FARMS LIMITED
REGISTERED NUMBER: SC361625

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 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 on 22 August 2024.




T R Callander
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
REDWELL FARMS LIMITED
 

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

1.


GENERAL INFORMATION

Redwell Farms Limited is private company, limited by shares and incorporated in Scotland with registration number SC361625. The registered office is Redwell Farm, by Forfar, Angus, DD8 1QB.
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.

 
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

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.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 3

 
REDWELL FARMS LIMITED
 

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

4.


TANGIBLE FIXED ASSETS





Freehold property
Plant & machinery
Total

£
£
£



COST OR VALUATION


At 1 July 2023
849,057
287,193
1,136,250


Additions
-
154,182
154,182


Disposals
-
(87,225)
(87,225)



At 30 June 2024

849,057
354,150
1,203,207



DEPRECIATION


At 1 July 2023
172,676
100,872
273,548


Charge for the year on owned assets
13,528
32,643
46,171


Disposals
-
(12,974)
(12,974)



At 30 June 2024

186,204
120,541
306,745



NET BOOK VALUE



At 30 June 2024
662,853
233,609
896,462



At 30 June 2023
676,381
186,321
862,702


5.


FIXED ASSET INVESTMENTS





Trade investments

£





At 1 July 2023
50





6.


DEBTORS

2024
2023
£
£


Other debtors
5,774
4,709

Prepayments and accrued income
4,628
3,801

10,402
8,510


Page 4

 
REDWELL FARMS LIMITED
 

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

7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Obligations under finance lease and hire purchase contracts
10,312
-

Other creditors
185,264
106,665

195,576
106,665


The following liabilities were secured:

2024
2023
£
£



Hire purchase creditors
10,312
-

Details of security provided:

The hire purchase creditors are secured against the underlying asset purchased.


8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
19,766
-


The following liabilities were secured:

2024
2023
£
£



Hire purchase creditors
19,766
-

Details of security provided:

The hire purchase creditors are secured against the underlying asset purchased.


9.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



989,183 (2023 - 989,183) Ordinary shares of £1.00 each
989,183
989,183



Page 5