Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-01No description of principal activity76falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC668160 2023-04-01 2024-03-31 SC668160 2022-04-01 2023-03-31 SC668160 2024-03-31 SC668160 2023-03-31 SC668160 c:Director1 2023-04-01 2024-03-31 SC668160 c:Director2 2023-04-01 2024-03-31 SC668160 c:Director3 2023-04-01 2024-03-31 SC668160 c:Director4 2023-04-01 2024-03-31 SC668160 c:RegisteredOffice 2023-04-01 2024-03-31 SC668160 d:FurnitureFittings 2023-04-01 2024-03-31 SC668160 d:FurnitureFittings 2024-03-31 SC668160 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC668160 d:CurrentFinancialInstruments 2024-03-31 SC668160 d:CurrentFinancialInstruments 2023-03-31 SC668160 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC668160 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC668160 d:ShareCapital 2024-03-31 SC668160 d:ShareCapital 2023-03-31 SC668160 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC668160 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC668160 c:OrdinaryShareClass1 2023-04-01 2024-03-31 SC668160 c:OrdinaryShareClass1 2024-03-31 SC668160 c:OrdinaryShareClass1 2023-03-31 SC668160 c:FRS102 2023-04-01 2024-03-31 SC668160 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC668160 c:FullAccounts 2023-04-01 2024-03-31 SC668160 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC668160 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC668160










HIGHLAND RURAL LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
HIGHLAND RURAL LIMITED
 

COMPANY INFORMATION


DIRECTORS
Philippa Cliff 
Nigel Fraser 
John Fyall 
Grant MacPherson 




REGISTERED NUMBER
SC668160



REGISTERED OFFICE
Westby
64 West High Street

Forfar

Tayside

DD8 1BJ




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
HIGHLAND RURAL LIMITED
REGISTERED NUMBER: SC668160

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
£
£

FIXED ASSETS
  

Tangible assets
 4 
6,401
-

  
6,401
-

CURRENT ASSETS
  

Work in progress
  
21,000
20,000

Debtors: amounts falling due within one year
 5 
172,783
149,967

Cash at bank and in hand
  
203,795
153,325

  
397,578
323,292

Creditors: amounts falling due within one year
 6 
(158,718)
(101,632)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
 
 
245,261
 
 
221,660

  

NET ASSETS
  
245,261
221,660


CAPITAL AND RESERVES
  

Called up share capital 
 7 
500
500

Profit and loss account
  
244,761
221,160

  
245,261
221,660


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 30 September 2024.




John Fyall
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
HIGHLAND RURAL LIMITED
 

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

1.


GENERAL INFORMATION

Highland Rural Limited is a private company, limited by shares, incorporated in Scotland with registration number SC668160. The registered office is Westby, 64 West High Street, Forfar, Tayside, DD8 1BJ and  the prinipal place of trading is Humberston, Bailechaul Road, Dingwall, IV15 9TP.  
The Company's functional and presentational currency is GBP.

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

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover 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 turnover is recognised:

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 turnover 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.

 
2.3

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 2

 
HIGHLAND RURAL LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

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.

 
2.5

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:

Fixtures and fittings
-
12.5% 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.

 
2.6

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.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 7 (2023 - 6).

Page 3

 
HIGHLAND RURAL LIMITED
 

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

4.


TANGIBLE FIXED ASSETS





Fixtures and fittings

£



COST OR VALUATION


Additions
7,315



At 31 March 2024

7,315



DEPRECIATION


Charge for the year on owned assets
914



At 31 March 2024

914



NET BOOK VALUE



At 31 March 2024
6,401


5.


DEBTORS

2024
2023
£
£


Trade debtors
163,851
145,670

Other debtors
1,080
-

Prepayments and accrued income
7,852
4,297

172,783
149,967



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
38,437
13,273

Other taxation and social security
49,620
79,081

Other creditors
68,411
7,028

Accruals and deferred income
2,250
2,250

158,718
101,632


Page 4

 
HIGHLAND RURAL LIMITED
 

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

7.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



5,000 (2023 - 5,000) Ordinary shares of £0.10 each
500
500



Page 5