Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-311falseNo description of principal activity2023-04-011truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC143268 2023-04-01 2024-03-31 SC143268 2022-04-01 2023-03-31 SC143268 2024-03-31 SC143268 2023-03-31 SC143268 c:Director1 2023-04-01 2024-03-31 SC143268 c:RegisteredOffice 2023-04-01 2024-03-31 SC143268 d:CurrentFinancialInstruments 2024-03-31 SC143268 d:CurrentFinancialInstruments 2023-03-31 SC143268 d:Non-currentFinancialInstruments 2024-03-31 SC143268 d:Non-currentFinancialInstruments 2023-03-31 SC143268 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC143268 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC143268 d:ShareCapital 2024-03-31 SC143268 d:ShareCapital 2023-03-31 SC143268 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC143268 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC143268 c:OrdinaryShareClass1 2023-04-01 2024-03-31 SC143268 c:OrdinaryShareClass1 2024-03-31 SC143268 c:OrdinaryShareClass1 2023-03-31 SC143268 c:FRS102 2023-04-01 2024-03-31 SC143268 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC143268 c:FullAccounts 2023-04-01 2024-03-31 SC143268 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC143268 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC143268










VAYNE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
VAYNE LIMITED
 

COMPANY INFORMATION


DIRECTOR
J R Wilson 




REGISTERED NUMBER
SC143268



REGISTERED OFFICE
Vayne Farm
Fern

Angus

DD8 6SB




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
VAYNE LIMITED
REGISTERED NUMBER: SC143268

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
£
£

  

CURRENT ASSETS
  

Debtors
 4 
287,187
292,083

  
287,187
292,083

Creditors: amounts falling due within one year
 5 
(882)
(5,063)

NET CURRENT ASSETS
  
 
 
286,305
 
 
287,020

TOTAL ASSETS LESS CURRENT LIABILITIES
  
286,305
287,020

  

NET ASSETS
  
286,305
287,020


CAPITAL AND RESERVES
  

Called up share capital 
 6 
2
2

Profit and loss account
  
286,303
287,018

  
286,305
287,020


The director considers 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 director acknowledges his 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 profit and loss account 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 20 September 2024.




J R Wilson
Director

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

Page 1

 
VAYNE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

Vayne Limited is a private company, limited by shares, incorporated in Scotland with registration number SC143268. The registered office is Vayne Farm, Fern, Angus, DD8 6SB.

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 its participation in the partnership of Messrs John  R Wilson. Income comprises of the company's share in the partnership profits and losses each year. The book value of interest in the partnership comprises of the balance 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

 
VAYNE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


EMPLOYEES




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


DEBTORS

2024
2023
£
£

DUE AFTER MORE THAN ONE YEAR

Amounts owed by joint ventures and associated undertakings
285,000
287,000

285,000
287,000

DUE WITHIN ONE YEAR

Amounts owed by joint ventures and associated undertakings
2,187
5,083

287,187
292,083



5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Other taxation and social security
82
4,313

Accruals and deferred income
800
750

882
5,063



6.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



2 (2023 - 2) Ordinary shares of £1.00 each
2
2



Page 3