Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3142023-04-01falseNo description of principal activity4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC549491 2023-04-01 2024-03-31 SC549491 2021-12-01 2023-03-31 SC549491 2024-03-31 SC549491 2023-03-31 SC549491 c:Director1 2023-04-01 2024-03-31 SC549491 c:Director1 2024-03-31 SC549491 c:Director2 2023-04-01 2024-03-31 SC549491 c:Director3 2023-04-01 2024-03-31 SC549491 c:RegisteredOffice 2023-04-01 2024-03-31 SC549491 d:PlantMachinery 2023-04-01 2024-03-31 SC549491 d:PlantMachinery 2024-03-31 SC549491 d:PlantMachinery 2023-03-31 SC549491 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC549491 d:OfficeEquipment 2023-04-01 2024-03-31 SC549491 d:OfficeEquipment 2024-03-31 SC549491 d:OfficeEquipment 2023-03-31 SC549491 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC549491 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC549491 d:CurrentFinancialInstruments 2024-03-31 SC549491 d:CurrentFinancialInstruments 2023-03-31 SC549491 d:Non-currentFinancialInstruments 2024-03-31 SC549491 d:Non-currentFinancialInstruments 2023-03-31 SC549491 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC549491 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC549491 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 SC549491 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 SC549491 d:ShareCapital 2024-03-31 SC549491 d:ShareCapital 2023-03-31 SC549491 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC549491 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC549491 c:OrdinaryShareClass1 2023-04-01 2024-03-31 SC549491 c:OrdinaryShareClass1 2024-03-31 SC549491 c:OrdinaryShareClass1 2023-03-31 SC549491 c:FRS102 2023-04-01 2024-03-31 SC549491 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC549491 c:FullAccounts 2023-04-01 2024-03-31 SC549491 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC549491 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC549491










EDINBURGH LIVERY LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
EDINBURGH LIVERY LIMITED
 

COMPANY INFORMATION


DIRECTORS
Duncan John Hunter (resigned 31 December 2023)
Duncan Hew Hunter 
Jane Margaret Hunter 




REGISTERED NUMBER
SC549491



REGISTERED OFFICE
Westby
64 West High Street

Forfar

Angus

DD81BJ




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
EDINBURGH LIVERY LIMITED
REGISTERED NUMBER: SC549491

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
£
£

FIXED ASSETS
  

Tangible assets
 4 
40,699
28,214

  
40,699
28,214

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
909
3,098

Cash at bank and in hand
  
11,093
17,927

  
12,002
21,025

Creditors: amounts falling due within one year
 6 
(35,698)
(27,070)

NET CURRENT LIABILITIES
  
 
 
(23,696)
 
 
(6,045)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
17,003
22,169

Creditors: amounts falling due after more than one year
 7 
(14,472)
(15,697)

  

NET ASSETS
  
2,531
6,472


CAPITAL AND RESERVES
  

Called up share capital 
 8 
100
100

Profit and loss account
  
2,431
6,372

  
2,531
6,472


Page 1

 
EDINBURGH LIVERY LIMITED
REGISTERED NUMBER: SC549491

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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 18 September 2024.




Jane Margaret Hunter
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
EDINBURGH LIVERY LIMITED
 

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

1.


GENERAL INFORMATION

Edinburgh Livery Limited is a private company, limited by shares, incorporated in Scotland with registration number SC549491. The registered office is Westby, 64 West High Street, Forfar, Tayside, DD8 1BJ.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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

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:

Plant and machinery
-
20%
reducing balance
Office equipment
-
25%
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.

Page 3

 
EDINBURGH LIVERY LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).


4.


TANGIBLE FIXED ASSETS





Plant and machinery
Office equipment
Total

£
£
£



COST OR VALUATION


At 1 April 2023
56,143
1,020
57,163


Additions
22,689
-
22,689



At 31 March 2024

78,832
1,020
79,852



DEPRECIATION


At 1 April 2023
28,379
570
28,949


Charge for the year on owned assets
10,092
112
10,204



At 31 March 2024

38,471
682
39,153



NET BOOK VALUE



At 31 March 2024
40,361
338
40,699



At 31 March 2023
27,764
450
28,214

Page 4

 
EDINBURGH LIVERY LIMITED
 

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

5.


DEBTORS

2024
2023
£
£


Trade debtors
73
1,052

Other debtors
836
2,046

909
3,098



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
7,000
6,000

Trade creditors
3,249
2,028

Obligations under finance lease and hire purchase contracts
8,341
1,378

Accruals and deferred income
17,108
17,664

35,698
27,070



7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
6,000
13,000

Net obligations under finance leases and hire purchase contracts
8,472
2,697

14,472
15,697



8.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



9.


TRANSACTIONS WITH DIRECTORS

Included in other debtors is a loan due from the directors.  The amount outstanding is £836 at 31 March 2024 (2023 - £2,046).  The loan balance is repayable on demand, and interest is charged on any debtor balances at normal, commercial rates.


Page 5