Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-311No description of principal activity2023-02-01false1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC495094 2023-02-01 2024-01-31 SC495094 2022-02-01 2023-01-31 SC495094 2024-01-31 SC495094 2023-01-31 SC495094 c:Director1 2023-02-01 2024-01-31 SC495094 c:RegisteredOffice 2023-02-01 2024-01-31 SC495094 d:CurrentFinancialInstruments 2024-01-31 SC495094 d:CurrentFinancialInstruments 2023-01-31 SC495094 d:Non-currentFinancialInstruments 2024-01-31 SC495094 d:Non-currentFinancialInstruments 2023-01-31 SC495094 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 SC495094 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 SC495094 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 SC495094 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 SC495094 d:ShareCapital 2024-01-31 SC495094 d:ShareCapital 2023-01-31 SC495094 d:RetainedEarningsAccumulatedLosses 2024-01-31 SC495094 d:RetainedEarningsAccumulatedLosses 2023-01-31 SC495094 c:OrdinaryShareClass1 2023-02-01 2024-01-31 SC495094 c:OrdinaryShareClass1 2024-01-31 SC495094 c:OrdinaryShareClass1 2023-01-31 SC495094 c:FRS102 2023-02-01 2024-01-31 SC495094 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 SC495094 c:FullAccounts 2023-02-01 2024-01-31 SC495094 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC495094 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC495094










VIEWFIELD COURT LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

 
VIEWFIELD COURT LIMITED
 

COMPANY INFORMATION


Director
A Dalglish 




Registered number
SC495094



Registered office
Sir William Smith Road
Kirkton Industrial Estate

Arbroath

Angus

DD11 3RD




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
VIEWFIELD COURT LIMITED
REGISTERED NUMBER: SC495094

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
£
£

  

Current assets
  

Stocks
  
465,000
620,000

Cash at bank and in hand
  
1,017
3,247

  
466,017
623,247

Creditors: amounts falling due within one year
 4 
(805,195)
(750,860)

Net current liabilities
  
 
 
(339,178)
 
 
(127,613)

Total assets less current liabilities
  
(339,178)
(127,613)

Creditors: amounts falling due after more than one year
 5 
(211,926)
(374,186)

  

Net liabilities
  
(551,104)
(501,799)


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
(551,204)
(501,899)

  
(551,104)
(501,799)

Page 1

 
VIEWFIELD COURT LIMITED
REGISTERED NUMBER: SC495094

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

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 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 28 October 2024.




A Dalglish
Director

The notes on pages 3 to 4 form part of these financial statements.
Page 2

 
VIEWFIELD COURT LIMITED
 

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

1.


General information

Viewfield Court Limited is a private company, limited by shares, domiciled in Scotland with the registration number SC495094. The registered office is Sir William Smith Road, Kirkton Industrial Estate, Arbroath, Angus, United Kingdom, DD11 3RD.

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

Going concern

As at 31 January 2024 the Statement of Financial Position shows net liabilities.The directors have considered the company's ability to continue as a going concern and are satisfied that, with the support of existing lenders and the director, the company will continue to be able to settle its liabilities as they fall due and so continue to adopt the going concern basis.

 
2.3

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:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
VIEWFIELD COURT LIMITED
 

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

2.Accounting policies (continued)

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Stock is held as the cost of the development less any costs realised on sale of any property.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss. 


3.


Employees

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


4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
9,000
11,000

Other creditors
792,895
736,020

Accruals and deferred income
3,300
3,840

805,195
750,860


Bank Loans are secured by a standard security over the buildings constructed by the company.


5.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
211,926
374,186

211,926
374,186


Bank Loans are secured by a standard security over the buildings constructed by the company.


6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1 each
100
100



Page 4