Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-08-01No description of principal activityfalse22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC164887 2023-08-01 2024-03-31 SC164887 2022-08-01 2023-07-31 SC164887 2024-03-31 SC164887 2023-07-31 SC164887 c:CompanySecretary1 2023-08-01 2024-03-31 SC164887 c:Director1 2023-08-01 2024-03-31 SC164887 c:Director2 2023-08-01 2024-03-31 SC164887 c:RegisteredOffice 2023-08-01 2024-03-31 SC164887 d:CurrentFinancialInstruments 2024-03-31 SC164887 d:CurrentFinancialInstruments 2023-07-31 SC164887 d:Non-currentFinancialInstruments 2024-03-31 SC164887 d:Non-currentFinancialInstruments 2023-07-31 SC164887 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC164887 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 SC164887 d:ShareCapital 2024-03-31 SC164887 d:ShareCapital 2023-07-31 SC164887 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC164887 d:RetainedEarningsAccumulatedLosses 2023-07-31 SC164887 c:FRS102 2023-08-01 2024-03-31 SC164887 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-03-31 SC164887 c:FullAccounts 2023-08-01 2024-03-31 SC164887 c:PrivateLimitedCompanyLtd 2023-08-01 2024-03-31 SC164887 e:PoundSterling 2023-08-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: SC164887










ARNOT FARMS LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

 
ARNOT FARMS LIMITED
 

COMPANY INFORMATION


DIRECTORS
Alan David Arnot 
Patrick Sim Arnot 




COMPANY SECRETARY
Alan David Arnot



REGISTERED NUMBER
SC164887



REGISTERED OFFICE
Hatton Mill Farm
Friockheim

By Arbroath

Angus

DD11 4UL




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
ARNOT FARMS LIMITED
REGISTERED NUMBER:SC164887

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

31 March
31 July
2024
2023
                                                                Note
£
£

  

CURRENT ASSETS
  

Debtors
 4 
2,883,613
2,821,188

Cash at bank and in hand
  
1,000
1,000

  
2,884,613
2,822,188

Creditors: amounts falling due within one year
 5 
(36,035)
(20,816)

NET CURRENT ASSETS
  
 
 
2,848,578
 
 
2,801,372

TOTAL ASSETS LESS CURRENT LIABILITIES
  
2,848,578
2,801,372

  

NET ASSETS
  
2,848,578
2,801,372


CAPITAL AND RESERVES
  

Called up share capital 
  
100
100

Profit and loss account
  
2,848,478
2,801,272

  
2,848,578
2,801,372


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 period 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 21 August 2024.




Alan David Arnot
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
ARNOT FARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

Arnot Farms Limited is a company limited by shares and is incorporated in Scotland. The registered office is Hatton Mill Farm, Friockheim, By Arbroath, Angus, DD11 4UL.
 

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

Company's business

The company's business is farming through participation in the farming partnership of Messrs Hatton Mill Farms.
Income comprises the company's share in the partnership profits or losses each year.  The book value of its interest in the partnership comprises the balance standing to its credit on the current and capital accounts in the books of that business.

 
2.3

TAXATION

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 income 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.

 
2.4

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.

Page 2

 
ARNOT FARMS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

3.


EMPLOYEES

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


4.


DEBTORS

31 March
31 July
2024
2023
£
£

Due after more than one year

Capital account in related partnership of Hatton MIll Farms
1,800,000
1,800,000

1,800,000
1,800,000

Due within one year

Current account in related partnership of Hatton Mill Farms
1,083,613
1,021,188

2,883,613
2,821,188



5.


CREDITORS: Amounts falling due within one year

31 March
31 July
2024
2023
£
£

Other creditors
35,075
20,096

Accruals and deferred income
960
720

36,035
20,816



Page 3