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REGISTERED NUMBER: SC138631 (Scotland)















Financial Statements for the Year Ended 31 March 2024

for

Achlain Estates Limited

Achlain Estates Limited (Registered number: SC138631)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Achlain Estates Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M F F Cattier (Swiss)
C M Cattier (Swiss)
A S Cattier (Swiss)
P P F Cattier (Swiss)





SECRETARY: M.C. Patrimoine S.A.





REGISTERED OFFICE: Achlain House
Achlain
Glenmoriston
Inverness-Shire
IV63 7YN





REGISTERED NUMBER: SC138631 (Scotland)





ACCOUNTANTS: Highland Accountancy Practice
Chartered Accountants
Suite 1A, Willow House
Stoneyfield Business Park
Inverness
Highland
IV2 7PA

Achlain Estates Limited (Registered number: SC138631)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 311,936 177,954
Investments 5 750,000 1,100,000
1,061,936 1,277,954

CURRENT ASSETS
Stocks 21,140 13,337
Debtors 104,212 104,845
Investments 2,725 2,725
Cash at bank 140,838 478,131
268,915 599,038
CREDITORS
Amounts falling due within one year 604,671 765,920
NET CURRENT LIABILITIES (335,756 ) (166,882 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

726,180

1,111,072

CAPITAL AND RESERVES
Called up share capital 750,000 750,000
Non Distributable Reserves 6 - 373,436
Retained earnings (23,820 ) (12,364 )
SHAREHOLDERS' FUNDS 726,180 1,111,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Achlain Estates Limited (Registered number: SC138631)

Abridged Balance Sheet - continued
31 March 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2024 and were signed on its behalf by:





M F F Cattier (Swiss) - Director


Achlain Estates Limited (Registered number: SC138631)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Achlain Estates 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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Leasehold & Improvements to Property - 2.5% on cost
Plant and Machinery - 25% on reducing balance
Office Equipment - 25% on reducing balance

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation, impairment losses, and reversals of impairment losses (where applicable).

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments
Investments held as current assets are stated at their fair value at the balance sheet date.

Long term fixed asset investments (Woodlands) are detailed at note 6. They were revalued independently as at 30 March 2024 and 6 March 2023 and the fair value is reflected in the accounts as at those dates. All expenditure and income is reflected through the running balance and any surplus or deficit arising from the changes in fair value at the year end date are recognised in the profit and loss account.

Achlain Estates Limited (Registered number: SC138631)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 406,136
Additions 163,314
At 31 March 2024 569,450
DEPRECIATION
At 1 April 2023 228,182
Charge for year 29,332
At 31 March 2024 257,514
NET BOOK VALUE
At 31 March 2024 311,936
At 31 March 2023 177,954

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 April 2023 44,867
Transfer to ownership (44,867 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 30,671
Transfer to ownership (30,671 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 14,196

Achlain Estates Limited (Registered number: SC138631)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.24 31.3.23
£    £   
Woodlands - Fair Value brought
forward 1,100,000 1,800,000
Sale of Timber - (1,514 )
Grants Received (25,177 ) (37,358 )
Expenditure 84,423 69,083
Fair Value Adjustments (incorporating realised gains) (409,246 ) (730,211 )
750,000 1,100,000

6. RESERVES
Non
Distributable
Reserves
£   
At 1 April 2023 373,436
Fair Value Adjustments (373,436 )

At 31 March 2024 -

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
M F F Cattier (Swiss)
Balance outstanding at start of year (4,277 ) (18,818 )
Amounts advanced 13,558 20,772
Amounts repaid (5,000 ) (6,231 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,281 (4,277 )

C M Cattier (Swiss)
Balance outstanding at start of year (4,277 ) -
Amounts advanced 13,558 7,735
Amounts repaid (5,000 ) (12,012 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,281 (4,277 )

Achlain Estates Limited (Registered number: SC138631)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

A S Cattier (Swiss)
Balance outstanding at start of year (4,277 ) -
Amounts advanced 13,558 7,735
Amounts repaid (5,000 ) (12,012 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,281 (4,277 )

P P F Cattier (Swiss)
Balance outstanding at start of year (4,277 ) -
Amounts advanced 13,558 7,735
Amounts repaid (5,000 ) (12,012 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,281 (4,277 )