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REGISTERED NUMBER: SC240895 (Scotland)















Highlandwide Estate Services Limited

Financial Statements For The Year Ended 31 December 2023






Highlandwide Estate Services Limited (Registered number: SC240895)






Contents of the Financial Statements
For The Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Highlandwide Estate Services Limited

Company Information
For The Year Ended 31 December 2023







DIRECTOR: M W J MacNally



REGISTERED OFFICE: Home Farm
Invergarry
Inverness-shire
PH35 4HP



REGISTERED NUMBER: SC240895 (Scotland)



ACCOUNTANTS: The Long Partnership
1st Floor
Robertson House
Shore Street
Inverness
Highland
IV1 1NF



BANKERS: Bank of Scotland
62 High Street
Fort William
PH33 6AE

Highlandwide Estate Services Limited (Registered number: SC240895)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 864 1,302
Investments 5 250 -
1,114 1,302

CURRENT ASSETS
Stocks 10,200 8,400
Debtors 6 2,511 1,757
Cash at bank - 2,349
12,711 12,506
CREDITORS
Amounts falling due within one year 7 6,206 6,207
NET CURRENT ASSETS 6,505 6,299
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,619

7,601

PROVISIONS FOR LIABILITIES 164 247
NET ASSETS 7,455 7,354

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 7,454 7,353
SHAREHOLDERS' FUNDS 7,455 7,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Highlandwide Estate Services Limited (Registered number: SC240895)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2024 and were signed by:





M W J MacNally - Director


Highlandwide Estate Services Limited (Registered number: SC240895)

Notes to the Financial Statements
For The Year Ended 31 December 2023

1. STATUTORY INFORMATION

Highlandwide Estate Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance, 20% on reducing balance, 15% on reducing balance and 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Highlandwide Estate Services Limited (Registered number: SC240895)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 January 2023
and 31 December 2023 17,433
DEPRECIATION
At 1 January 2023 16,131
Charge for year 438
At 31 December 2023 16,569
NET BOOK VALUE
At 31 December 2023 864
At 31 December 2022 1,302

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 250
At 31 December 2023 250
NET BOOK VALUE
At 31 December 2023 250

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 1,728 1,008
Other debtors 783 749
2,511 1,757

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 884 -
Trade creditors 1,845 1,218
Taxation and social security 576 1,789
Other creditors 2,901 3,200
6,206 6,207