RATTRAY ESTATES LIMITED

Company Registration Number:
SC101814 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

RATTRAY ESTATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

RATTRAY ESTATES LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 225,862 210,277
Investments:   0 0
Total fixed assets: 225,862 210,277
Current assets
Stocks: 297,307 323,492
Debtors: 4 87,484 106,382
Cash at bank and in hand: 0 292
Investments: 5 500 500
Total current assets: 385,291 430,666
Creditors: amounts falling due within one year: 6 (630,492) (677,829)
Net current assets (liabilities): (245,201) (247,163)
Total assets less current liabilities: (19,339) (36,886)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): (19,339) (36,886)
Capital and reserves
Called up share capital: 60,100 60,100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (79,439) (96,986)
Shareholders funds: (19,339) (36,886)

The notes form part of these financial statements

RATTRAY ESTATES LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 September 2024
and signed on behalf of the board by:

Name: AJB Comyn
Status: Director

The notes form part of these financial statements

RATTRAY ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RATTRAY ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

RATTRAY ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 322,858
Additions 36,160
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2023 359,018
Depreciation
At 01 January 2023 112,581
Charge for year 20,575
On disposals 0
Other adjustments 0
At 31 December 2023 133,156
Net book value
At 31 December 2023 225,862
At 31 December 2022 210,277

RATTRAY ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

RATTRAY ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Current investments

Trade investment £500

RATTRAY ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

Bank loans and overdrafts 13,181 24,306 Holding Company Loan 110,000 110,000 Holding Company Loan ) 139,006 139,006 Rattray Trust Loan 250,000 250,000 Other Loan 50,000 50,000 Hire purchase contracts - 10,800 Trade creditors 2,286 36,472 Social security and other taxes 2,554 2,477 Other creditors 34,504 25,768 Accrued expenses 28,961 29,000 Total 630,492 677,829

RATTRAY ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Related party transactions

Name of the related party: Rattray Estate Holdings Limited
Relationship:
Shareholder
Description of the Transaction: Rattray Estate Holdings Limited paid £16,275 (plus VAT) to Rattray Estates Limited under the management agreement between the two companies pursuant to which the company manages Rattray Estate on behalf of Rattray Estate Holdings.
£
Balance at 01 January 2023 0
Balance at 31 December 2023 0
Name of the related party: Rattray Estate Holdings Limited
Relationship:
Shareholder
Description of the Transaction: Rattray Estates Limited pays Rattray Estate Holdings Limited £26,100 per year in respect of the rent of Home Farm.
£
Balance at 01 January 2023 0
Balance at 31 December 2023 0