Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activity3false2023-04-013falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC720618 2023-04-01 2024-03-31 SC720618 2022-01-21 2023-03-31 SC720618 2024-03-31 SC720618 2023-03-31 SC720618 c:Director1 2023-04-01 2024-03-31 SC720618 c:Director2 2023-04-01 2024-03-31 SC720618 c:Director3 2023-04-01 2024-03-31 SC720618 c:RegisteredOffice 2023-04-01 2024-03-31 SC720618 d:CurrentFinancialInstruments 2024-03-31 SC720618 d:CurrentFinancialInstruments 2023-03-31 SC720618 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC720618 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC720618 d:ShareCapital 2024-03-31 SC720618 d:ShareCapital 2023-03-31 SC720618 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC720618 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC720618 c:OrdinaryShareClass1 2023-04-01 2024-03-31 SC720618 c:OrdinaryShareClass1 2024-03-31 SC720618 c:OrdinaryShareClass1 2023-03-31 SC720618 c:FRS102 2023-04-01 2024-03-31 SC720618 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC720618 c:FullAccounts 2023-04-01 2024-03-31 SC720618 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC720618 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC720618










MELLOW (KIRKFORTHAR) LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
MELLOW (KIRKFORTHAR) LTD
 

COMPANY INFORMATION


Directors
Mr J Ryce 
Kirkcaldy One Limited 
Kirkcaldy Two Limited 




Registered number
SC720618



Registered office
20 Pentland House
Pentland Park

Glenrothes

KY6 2AH




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
MELLOW (KIRKFORTHAR) LTD
REGISTERED NUMBER: SC720618

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
£
£

  

Current assets
  

Stocks
  
1,129,690
377,877

Debtors: amounts falling due within one year
 4 
139
600

Cash at bank and in hand
  
20,682
-

  
1,150,511
378,477

Creditors: amounts falling due within one year
 5 
(1,162,731)
(379,377)

Net current liabilities
  
 
 
(12,220)
 
 
(900)

Total assets less current liabilities
  
(12,220)
(900)

  

Net liabilities
  
(12,220)
(900)


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
(12,221)
(901)

  
(12,220)
(900)


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.




Kirkcaldy One Limited
Kirkcaldy Two Limited
Director
Director

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

Page 1

 
MELLOW (KIRKFORTHAR) LTD
 

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

1.


General information

Mellow (Kirkforthar) Ltd is a private company, limited by shares, incorporated in Scotland with registration number SC720618. The registered office is 20 Pentland House, Glenrothes, KY6 2AH.
The financial 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

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

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.

 
2.4

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 3 (2023 - 3).

Page 2

 
MELLOW (KIRKFORTHAR) LTD
 

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

4.


Debtors

2024
2023
£
£


Other debtors
139
600



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
12,928
-

Amounts owed to group companies
1,059,958
377,877

Other creditors
87,915
-

Accruals and deferred income
1,930
1,500

1,162,731
379,377



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1



Page 3