Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-07-01falsefalseNo description of principal activity2false2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC702850 2023-07-01 2024-01-31 SC702850 2022-07-01 2023-06-30 SC702850 2024-01-31 SC702850 2023-06-30 SC702850 c:Director1 2023-07-01 2024-01-31 SC702850 c:Director2 2023-07-01 2024-01-31 SC702850 c:RegisteredOffice 2023-07-01 2024-01-31 SC702850 d:FreeholdInvestmentProperty 2024-01-31 SC702850 d:FreeholdInvestmentProperty 2023-06-30 SC702850 d:CurrentFinancialInstruments 2024-01-31 SC702850 d:CurrentFinancialInstruments 2023-06-30 SC702850 d:Non-currentFinancialInstruments 2024-01-31 SC702850 d:Non-currentFinancialInstruments 2023-06-30 SC702850 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 SC702850 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC702850 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 SC702850 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 SC702850 d:ShareCapital 2024-01-31 SC702850 d:ShareCapital 2023-06-30 SC702850 d:RetainedEarningsAccumulatedLosses 2024-01-31 SC702850 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC702850 c:OrdinaryShareClass1 2023-07-01 2024-01-31 SC702850 c:OrdinaryShareClass1 2024-01-31 SC702850 c:OrdinaryShareClass1 2023-06-30 SC702850 c:FRS102 2023-07-01 2024-01-31 SC702850 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-01-31 SC702850 c:FullAccounts 2023-07-01 2024-01-31 SC702850 c:PrivateLimitedCompanyLtd 2023-07-01 2024-01-31 SC702850 6 2023-07-01 2024-01-31 SC702850 e:PoundSterling 2023-07-01 2024-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC702850










BIRCHFALLS PROPERTIES LTD
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

 
BIRCHFALLS PROPERTIES LTD
 

COMPANY INFORMATION


Directors
Mr N Kemlo 
Ms K A Morton 




Registered number
SC702850



Registered office
Unit 14 City Quay

Dundee

DD1 3JA




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
BIRCHFALLS PROPERTIES LTD
 

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

31 January
30 June
2024
2023
£
£

Fixed assets
  

Investments
  
100
100

Investment property
 5 
318,317
318,317

  
318,417
318,417

Current assets
  

Debtors: amounts falling due within one year
 6 
2,025
3,557

Cash at bank and in hand
  
3,490
22,763

  
5,515
26,320

Creditors: amounts falling due within one year
 7 
(107,796)
(128,516)

Net current liabilities
  
 
 
(102,281)
 
 
(102,196)

Total assets less current liabilities
  
216,136
216,221

Creditors: amounts falling due after more than one year
 8 
(204,909)
(204,909)

  

Net assets
  
11,227
11,312


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
11,127
11,212

  
11,227
11,312



 
BIRCHFALLS PROPERTIES LTD
REGISTERED NUMBER: SC702850

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 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 period 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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.




Mr N Kemlo
Director

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

Page 1

 
BIRCHFALLS PROPERTIES LTD
 

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

1.


General information

Birchfalls Properties Ltd is a private company, limited by shares, domiciled in Scotland with registration number SC702850. The registered office is 14 City Quay, Camperdown Street, Dundee, Scotland, DD1 3JA.

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

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
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.

Page 2

 
BIRCHFALLS PROPERTIES LTD
 

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

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers 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 profit or loss.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
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 the directors, during the period was as follows:


        2024
        2023
            No.
            No.







Employees
2
2


4.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
100



At 31 January 2024
100




Page 3

 
BIRCHFALLS PROPERTIES LTD
 

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

5.


Investment property





Freehold investment property

£



Valuation


At 1 July 2023
318,317



At 31 January 2024
318,317

The 2024 valuations were made by the directors, on an open market value for existing use basis.




6.


Debtors

31 January
30 June
2024
2023
£
£


Other debtors
1,522
2,708

Prepayments and accrued income
503
849

2,025
3,557



7.


Creditors: Amounts falling due within one year

31 January
30 June
2024
2023
£
£

Amounts owed to group undertakings
99,108
122,108

Other taxation and social security
1,838
1,838

Other creditors
1,312
858

Accruals and deferred income
5,538
3,712

107,796
128,516


Page 4

 
BIRCHFALLS PROPERTIES LTD
 

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

8.


Creditors: Amounts falling due after more than one year

31 January
30 June
2024
2023
£
£

Bank loans
204,909
204,909

204,909
204,909


Bank loans are secured by standard security over the properties of the company. 


9.


Share capital

31 January
30 June
2024
2023
£
£
Allotted, called up and fully paid



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



Page 5