Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falsetrue92023-04-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity10truefalse SC533826 2023-04-01 2024-03-31 SC533826 2022-04-01 2023-03-31 SC533826 2024-03-31 SC533826 2023-03-31 SC533826 c:Director1 2023-04-01 2024-03-31 SC533826 c:Director2 2023-04-01 2024-03-31 SC533826 c:RegisteredOffice 2023-04-01 2024-03-31 SC533826 d:PlantMachinery 2023-04-01 2024-03-31 SC533826 d:PlantMachinery 2024-03-31 SC533826 d:PlantMachinery 2023-03-31 SC533826 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC533826 d:MotorVehicles 2023-04-01 2024-03-31 SC533826 d:MotorVehicles 2024-03-31 SC533826 d:MotorVehicles 2023-03-31 SC533826 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC533826 d:FurnitureFittings 2023-04-01 2024-03-31 SC533826 d:FurnitureFittings 2024-03-31 SC533826 d:FurnitureFittings 2023-03-31 SC533826 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC533826 d:ComputerEquipment 2023-04-01 2024-03-31 SC533826 d:ComputerEquipment 2024-03-31 SC533826 d:ComputerEquipment 2023-03-31 SC533826 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC533826 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC533826 d:CurrentFinancialInstruments 2024-03-31 SC533826 d:CurrentFinancialInstruments 2023-03-31 SC533826 d:Non-currentFinancialInstruments 2024-03-31 SC533826 d:Non-currentFinancialInstruments 2023-03-31 SC533826 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC533826 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC533826 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 SC533826 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 SC533826 d:ShareCapital 2024-03-31 SC533826 d:ShareCapital 2023-03-31 SC533826 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC533826 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC533826 c:OrdinaryShareClass1 2023-04-01 2024-03-31 SC533826 c:OrdinaryShareClass1 2024-03-31 SC533826 c:OrdinaryShareClass1 2023-03-31 SC533826 c:FRS102 2023-04-01 2024-03-31 SC533826 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC533826 c:FullAccounts 2023-04-01 2024-03-31 SC533826 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC533826 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC533826










BARRA CASTLE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
BARRA CASTLE LIMITED
 

COMPANY INFORMATION


Directors
Mr D G Stephen 
Mrs S J Stephen 




Registered number
SC533826



Registered office
Redhouse of Barra
Oldmeldrum

Inverurie

Aberdeenshire

AB51 0BB




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
BARRA CASTLE LIMITED
REGISTERED NUMBER: SC533826

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
£
£

FIXED ASSETS
  

Tangible assets
 4 
67,256
79,898

  
67,256
79,898

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
238,213
89,938

Cash at bank and in hand
  
242,024
310,971

  
480,237
400,909

Creditors: amounts falling due within one year
 6 
(191,872)
(157,896)

NET CURRENT ASSETS
  
 
 
288,365
 
 
243,013

TOTAL ASSETS LESS CURRENT LIABILITIES
  
355,621
322,911

Creditors: amounts falling due after more than one year
 7 
(11,667)
(21,667)

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(16,814)
(10,893)

  
 
 
(16,814)
 
 
(10,893)

NET ASSETS
  
327,140
290,351


CAPITAL AND RESERVES
  

Called up share capital 
  
200
200

Profit and loss account
  
326,940
290,151

  
327,140
290,351


Page 1

 
BARRA CASTLE LIMITED
REGISTERED NUMBER: SC533826

BALANCE SHEET (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 1 October 2024.





Mr D G Stephen
Mrs S J Stephen
Director
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BARRA CASTLE LIMITED
 

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

1.


GENERAL INFORMATION

Barra Castle Limited is a private company, limited by shares, incorporated in Scotland with registration number SC533826. The registered office is Redhouse of Barra, Oldmeldrum, Inverurie, Aberdeenshire, Scotland, AB51 0BB.
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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
BARRA CASTLE LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. 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 balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
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, as follows.

Depreciation is provided on the following basis:

Plant and machinery
-
12.5%
reducing balance
Motor vehicles
-
25.0%
reducing balance
Fixtures and fittings
-
25.0%
reducing balance
Computer equipment
-
20.0%
straight line

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 4

 
BARRA CASTLE LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.6

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 Balance sheet 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.

 
2.7

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 10 (2023 - 9).


4.


TANGIBLE FIXED ASSETS





Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



COST OR VALUATION


At 1 April 2023
15,641
25,498
176,709
3,168
221,016


Additions
1,890
-
-
-
1,890



At 31 March 2024

17,531
25,498
176,709
3,168
222,906



DEPRECIATION


At 1 April 2023
4,609
1,700
133,590
1,219
141,118


Charge for the year on owned assets
1,618
1,700
10,787
427
14,532



At 31 March 2024

6,227
3,400
144,377
1,646
155,650



NET BOOK VALUE



At 31 March 2024
11,304
22,098
32,332
1,522
67,256



At 31 March 2023
11,032
23,798
43,119
1,949
79,898

Page 5

 
BARRA CASTLE LIMITED
 

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

5.


DEBTORS

2024
2023
£
£


Trade debtors
17,092
14,676

Other debtors
221,121
75,262

238,213
89,938


Included within other debtors due within one year is a loan to the directors, amounting to £1,346 (2023 - £30,929). Amounts repaid during the year totalled £33,771.  The main conditions were as follows:

There are no interest or repayment terms.


6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
12,517
19,048

Other creditors
33,477
18,239

Accruals and deferred income
135,878
110,609

191,872
157,896



7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
11,667
21,667

11,667
21,667



8.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



200 (2023 - 200) Ordinary shares of £1.00 each
200
200



Page 6