Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true2023-01-01falseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC179391 2023-01-01 2023-12-31 SC179391 2022-01-01 2022-12-31 SC179391 2023-12-31 SC179391 2022-12-31 SC179391 c:CompanySecretary1 2023-01-01 2023-12-31 SC179391 c:Director1 2023-01-01 2023-12-31 SC179391 c:Director2 2023-01-01 2023-12-31 SC179391 c:RegisteredOffice 2023-01-01 2023-12-31 SC179391 d:Buildings 2023-01-01 2023-12-31 SC179391 d:Buildings 2023-12-31 SC179391 d:Buildings 2022-12-31 SC179391 d:Buildings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC179391 d:PlantMachinery 2023-01-01 2023-12-31 SC179391 d:PlantMachinery 2023-12-31 SC179391 d:PlantMachinery 2022-12-31 SC179391 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC179391 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC179391 d:CurrentFinancialInstruments 2023-12-31 SC179391 d:CurrentFinancialInstruments 2022-12-31 SC179391 d:Non-currentFinancialInstruments 2023-12-31 SC179391 d:Non-currentFinancialInstruments 2022-12-31 SC179391 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC179391 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 SC179391 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 SC179391 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 SC179391 d:ShareCapital 2023-12-31 SC179391 d:ShareCapital 2022-12-31 SC179391 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC179391 d:RetainedEarningsAccumulatedLosses 2022-12-31 SC179391 c:OrdinaryShareClass1 2023-01-01 2023-12-31 SC179391 c:OrdinaryShareClass1 2023-12-31 SC179391 c:FRS102 2023-01-01 2023-12-31 SC179391 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC179391 c:FullAccounts 2023-01-01 2023-12-31 SC179391 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC179391 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC179391










PARKVIEW FIFE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
PARKVIEW FIFE LIMITED
 

COMPANY INFORMATION


Directors
Mr J Moffat 
Mrs E Moffat 




Company secretary
Agnes Wallace



Registered number
SC179391



Registered office
Birniefield By Birnie Loch
Collessie Ladybank

Cupar

Fife

KY15 7UT




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
PARKVIEW FIFE LIMITED
REGISTERED NUMBER: SC179391

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 4 
155,239
155,993

  
155,239
155,993

Current assets
  

Stocks
  
6,000
5,500

Debtors: amounts falling due within one year
 5 
-
12

Cash at bank and in hand
  
11,157
13,552

  
17,157
19,064

Creditors: amounts falling due within one year
 6 
(23,135)
(22,544)

Net current liabilities
  
 
 
(5,978)
 
 
(3,480)

Total assets less current liabilities
  
149,261
152,513

Creditors: amounts falling due after more than one year
 7 
(193,514)
(175,555)

  

Net liabilities
  
(44,253)
(23,042)


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
(44,255)
(23,044)

  
(44,253)
(23,042)

Page 1

 
PARKVIEW FIFE LIMITED
REGISTERED NUMBER: SC179391

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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 13 September 2024.




Mr J Moffat
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PARKVIEW FIFE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Company is limited by shares and incorporated in Scotland; Registration Number SC179391. The registered office address is Birniefield By Birnie Loch, Collessie Ladybank, Cupar, Fife, KY15 7UT.
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

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that
the Company has adequate resources to continue in operational existence for the foreseeable future
The directors have considered a period of 12 months from the date of approval of the financial
statements. Thus the directors continue to adopt the going concern basis of accounting in preparing
the financial statements.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue 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 revenue 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 revenue 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.


 
Page 3

 
PARKVIEW FIFE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.3
Turnover (continued)

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 revenue 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.

 
2.4

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Heritable property
-
0% reducing balance
Plant and machinery
-
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.

Page 4

 
PARKVIEW FIFE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Heritable property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 January 2023
152,978
14,609
167,587



At 31 December 2023

152,978
14,609
167,587



Depreciation


At 1 January 2023
-
11,594
11,594


Charge for the year on owned assets
-
754
754



At 31 December 2023

-
12,348
12,348



Net book value



At 31 December 2023
152,978
2,261
155,239



At 31 December 2022
152,978
3,015
155,993


5.


Debtors

2023
2022
£
£


Other debtors
-
12



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
1,600
1,600

Other taxation and social security
331
-

Other creditors
20,000
20,000

Accruals and deferred income
1,204
944

23,135
22,544


Page 5

 
PARKVIEW FIFE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
2,267
3,867

Other creditors
191,247
171,688

193,514
175,555



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 Ordinary shares of £1.00 each
2
2



Page 6