Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-291falsefalsetrue1true2023-03-01No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07966975 2023-03-01 2024-02-29 07966975 2022-03-01 2023-02-28 07966975 2024-02-29 07966975 2023-02-28 07966975 c:Director1 2023-03-01 2024-02-29 07966975 d:OtherPropertyPlantEquipment 2024-02-29 07966975 d:OtherPropertyPlantEquipment 2023-02-28 07966975 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 07966975 d:CurrentFinancialInstruments 2024-02-29 07966975 d:CurrentFinancialInstruments 2023-02-28 07966975 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 07966975 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 07966975 d:ShareCapital 2024-02-29 07966975 d:ShareCapital 2023-02-28 07966975 d:RetainedEarningsAccumulatedLosses 2024-02-29 07966975 d:RetainedEarningsAccumulatedLosses 2023-02-28 07966975 c:FRS102 2023-03-01 2024-02-29 07966975 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 07966975 c:FullAccounts 2023-03-01 2024-02-29 07966975 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07966975 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 07966975









MUCKAIRN ESTATE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
MUCKAIRN ESTATE LIMITED
REGISTERED NUMBER: 07966975

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
9,013
9,567

Current assets
  

Debtors: amounts falling due within one year
 5 
1
1

Cash at bank and in hand
  
340
1,340

  
341
1,341

Creditors: amounts falling due within one year
 6 
(25,715)
(25,035)

Net current liabilities
  
 
 
(25,374)
 
 
(23,694)

  

Net liabilities
  
(16,361)
(14,127)


Capital and reserves
  

Called up share capital 
  
2,001
2,001

Profit and loss account
  
(18,362)
(16,128)

  
(16,361)
(14,127)


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.

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MUCKAIRN ESTATE LIMITED
REGISTERED NUMBER: 07966975
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

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 26 November 2024.




K Macmillan
Director

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

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MUCKAIRN ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Muckairn Estate Limited ("the company") is a private company limited by shares and incorporated in England and Wales. The address of its registered office is Long Meadow Farm, Aston Hill, Aston Clinton, Bucks, HP22 5NQ.

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

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical costs 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.

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.
Tangible fixed assets are depreciated on the following annual bases:
        Orchard  -  20 years straight line
Depreciation has not been charged during the year on the trees as it is the opinion of the director that its life expectancy is sufficient to mean any depreciation would be immaterial. 

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income and retained earnings.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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MUCKAIRN ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

3.


Employees

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


4.


Tangible fixed assets







Orchard

£



Cost


At 1 March 2023
13,445



At 29 February 2024

13,445



Depreciation


At 1 March 2023
3,878


Charge for the year on owned assets
554



At 29 February 2024

4,432



Net book value



At 29 February 2024
9,013



At 28 February 2023
9,567

Page 4

 
MUCKAIRN ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

29 February
28 February
2024
2023
£
£


Other debtors
1
1



6.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Trade creditors
-
1,640

Other creditors
24,515
22,195

Accruals
1,200
1,200

25,715
25,035



7.


Related party transactions

At the year end, the company owed the director £20,475 (2023 - £19,795).
At the year end, it also owed a company connected by mutual directors £4,040 
(2023 - £2,400)

 
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