Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30No description of principal activity2023-07-01false22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC736094 2023-07-01 2024-06-30 SC736094 2022-06-21 2023-06-30 SC736094 2024-06-30 SC736094 2023-06-30 SC736094 c:Director1 2023-07-01 2024-06-30 SC736094 c:Director2 2023-07-01 2024-06-30 SC736094 c:RegisteredOffice 2023-07-01 2024-06-30 SC736094 d:FreeholdInvestmentProperty 2024-06-30 SC736094 d:FreeholdInvestmentProperty 2023-06-30 SC736094 d:CurrentFinancialInstruments 2024-06-30 SC736094 d:CurrentFinancialInstruments 2023-06-30 SC736094 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC736094 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC736094 d:ShareCapital 2024-06-30 SC736094 d:ShareCapital 2023-06-30 SC736094 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC736094 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC736094 c:OrdinaryShareClass1 2023-07-01 2024-06-30 SC736094 c:OrdinaryShareClass1 2024-06-30 SC736094 c:OrdinaryShareClass1 2023-06-30 SC736094 c:OrdinaryShareClass2 2023-07-01 2024-06-30 SC736094 c:OrdinaryShareClass2 2024-06-30 SC736094 c:OrdinaryShareClass2 2023-06-30 SC736094 c:FRS102 2023-07-01 2024-06-30 SC736094 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC736094 c:FullAccounts 2023-07-01 2024-06-30 SC736094 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC736094 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC736094










T&AM LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
T&AM LIMITED
 

COMPANY INFORMATION


Directors
Mrs A Mahmood 
Dr T Mahmood 




Registered number
SC736094



Registered office
Pentland House
Saltire Centre

Glenrothes

Fife

KY6 2AH




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
T&AM LIMITED
REGISTERED NUMBER: SC736094

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
£
£

Fixed assets
  

Investment property
 4 
371,074
371,074

Current assets
  

Debtors: amounts falling due within one year
 5 
1,805
2,068

Bank and cash balances
  
9,274
4,945

  
11,079
7,013

Creditors: amounts falling due within one year
 6 
(380,858)
(379,478)

Net current liabilities
  
 
 
(369,779)
 
 
(372,465)

Total assets less current liabilities
  
1,295
(1,391)

  

Net assets/(liabilities)
  
1,295
(1,391)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
1,195
(1,491)

  
1,295
(1,391)


Page 1

 
T&AM LIMITED
REGISTERED NUMBER: SC736094

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 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 30 October 2024.




Dr T Mahmood
Director

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

Page 2

 
T&AM LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

T&AM Limited is a private company, limited by shares and incorporated in Scotland, registration number SC736094. The registered office address is Pentland House, Saltire Centre, Glenrothes, Fife, KY6 2AH. 
The financial activity statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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:

 
2.3

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 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting 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 reporting date.

Page 3

 
T&AM LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

 
2.5

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 2 (2023 - 2).


4.


Investment property


Freehold investment property

£



Valuation


At 1 July 2023
371,074



At 30 June 2024
371,074

The 2024 valuations were made by the directors derived from the current market rents and investment property yields for comparable real estate. The directors believe that this valuation is applicable as at 30 June 2024.






Page 4

 
T&AM LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Other debtors
1,730
1,730

Prepayments and accrued income
75
-

Deferred taxation
-
338

1,805
2,068



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
280
-

Other creditors
378,078
377,318

Accruals and deferred income
2,500
2,160

380,858
379,478


Included within other creditors are directors' loan balances of £376,348.


7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



50 (2023 - 50) Ordinary A shares of £1.00 each
50
50
50 (2023 - 50) Ordinary B shares of £1.00 each
50
50

100

100



Page 5