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Company Registration No. SC205148 (Scotland)
Hyndshillend Farm Ltd Unaudited accounts for the year ended 31 March 2024
Hyndshillend Farm Ltd Unaudited accounts Contents
Page
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Hyndshillend Farm Ltd Company Information for the year ended 31 March 2024
Directors
M E Still Mrs D A Still
Company Number
SC205148 (Scotland)
Registered Office
Hyndshawland Farm Elsrickle Biggar South Lanarkshire ML12 6RD
Accountants
Rosebery Accountants & Business Advisors 23 Melville Street Edinburgh EH3 7PE
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Hyndshillend Farm Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
144,779 
76,543 
Current assets
Inventories
- 
40,000 
Debtors
37,683 
18,294 
Cash at bank and in hand
304,749 
215,922 
342,432 
274,216 
Creditors: amounts falling due within one year
(65,937)
(44,348)
Net current assets
276,495 
229,868 
Total assets less current liabilities
421,274 
306,411 
Provisions for liabilities
Deferred tax
(35,975)
(14,176)
Net assets
385,299 
292,235 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
385,297 
292,233 
Shareholders' funds
385,299 
292,235 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by
M E Still Director Company Registration No. SC205148
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Hyndshillend Farm Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Hyndshillend Farm Ltd is a private company, limited by shares, registered in Scotland, registration number SC205148. The registered office is Hyndshawland Farm, Elsrickle, Biggar, South Lanarkshire, ML12 6RD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Buildings - 4% straight line; Land - nil.
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
41,605 
237,336 
42,426 
321,367 
Additions
- 
20,000 
93,867 
113,867 
At 31 March 2024
41,605 
257,336 
136,293 
435,234 
Depreciation
At 1 April 2023
40,804 
161,594 
42,426 
244,824 
Charge for the year
801 
26,056 
18,774 
45,631 
At 31 March 2024
41,605 
187,650 
61,200 
290,455 
Net book value
At 31 March 2024
- 
69,686 
75,093 
144,779 
At 31 March 2023
801 
75,742 
- 
76,543 
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Hyndshillend Farm Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,937 
10,778 
Accrued income and prepayments
10,000 
7,786 
Other debtors
(1,254)
(270)
37,683 
18,294 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
(1,319)
4,405 
VAT
(98)
145 
Taxes and social security
75,360 
40,845 
Loans from directors
(9,325)
(2,365)
Accruals
1,319 
1,318 
65,937 
44,348 
7
Loans to directors
The director's loan account was repaid in full within nine months of the end of the financial year.
8
Transactions with related parties
During the year the company paid rent of £7,500 (2023 - £7,500) to Mr M E Still. In addition, the company charged rent of £35,886 (2023 - £27,386) to Hyndshawland Farm Stables Ltd, a business jointly owned by Mr and Mrs Still.
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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