Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30true2023-05-01falseNo description of principal activity11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC578067 2023-05-01 2024-04-30 SC578067 2022-05-01 2023-04-30 SC578067 2024-04-30 SC578067 2023-04-30 SC578067 c:Director1 2023-05-01 2024-04-30 SC578067 c:RegisteredOffice 2023-05-01 2024-04-30 SC578067 d:Buildings 2023-05-01 2024-04-30 SC578067 d:Buildings 2024-04-30 SC578067 d:Buildings 2023-04-30 SC578067 d:CurrentFinancialInstruments 2024-04-30 SC578067 d:CurrentFinancialInstruments 2023-04-30 SC578067 d:Non-currentFinancialInstruments 2024-04-30 SC578067 d:Non-currentFinancialInstruments 2023-04-30 SC578067 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 SC578067 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 SC578067 d:ShareCapital 2024-04-30 SC578067 d:ShareCapital 2023-04-30 SC578067 d:RetainedEarningsAccumulatedLosses 2024-04-30 SC578067 d:RetainedEarningsAccumulatedLosses 2023-04-30 SC578067 c:OrdinaryShareClass1 2023-05-01 2024-04-30 SC578067 c:OrdinaryShareClass1 2024-04-30 SC578067 c:OrdinaryShareClass1 2023-04-30 SC578067 c:FRS102 2023-05-01 2024-04-30 SC578067 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC578067 c:FullAccounts 2023-05-01 2024-04-30 SC578067 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC578067 6 2023-05-01 2024-04-30 SC578067 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC578067










SW (SCOTLAND) GROUP LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

 
SW (SCOTLAND) GROUP LIMITED
 

COMPANY INFORMATION


Director
Mr S D D Whyte 




Registered number
SC578067



Registered office
5-10 Dock Place

Edinburgh

EH6 6LU




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
SW (SCOTLAND) GROUP LIMITED
REGISTERED NUMBER: SC578067

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
-
85,000

Investments
 5 
350
351

  
350
85,351

Current assets
  

Debtors: amounts falling due after more than one year
 6 
476,850
374,027

Debtors: amounts falling due within one year
 6 
149,311
20,225

Bank and cash balances
  
124,688
173,331

  
750,849
567,583

Creditors: amounts falling due within one year
 7 
(5,708)
(17,504)

Net current assets
  
 
 
745,141
 
 
550,079

Total assets less current liabilities
  
745,491
635,430

  

Net assets
  
745,491
635,430


Capital and reserves
  

Called up share capital 
 8 
10,200
10,200

Profit and loss account
  
735,291
625,230

  
745,491
635,430


Page 1

 
SW (SCOTLAND) GROUP LIMITED
REGISTERED NUMBER: SC578067

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The director considers 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 director acknowledges his 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 by: 




Mr S D D Whyte
Director

Date: 14 November 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
SW (SCOTLAND) GROUP LIMITED
 

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

1.


General information

SW (Scotland) Limited is a private company limited by shares incorporated in Scotland with registration number SC578067. The registered office address is 5-10 Dock Place, Edinburgh, EH6 6LU.
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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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

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 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 3

 
SW (SCOTLAND) GROUP LIMITED
 

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

2.Accounting policies (continued)

 
2.4

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, on the following basis.

Depreciation is provided on the following basis:

Freehold property
-
Nil

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.

 
2.5

Valuation of investments

Investments are measured at cost less accumulated impairment.

 
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 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.

 
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 1 (2023 - 1).

Page 4

 
SW (SCOTLAND) GROUP LIMITED
 

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

4.


Tangible fixed assets





Freehold property

£





At 1 May 2023
85,000


Disposals
(85,000)



At 30 April 2024

-






Net book value



At 30 April 2024
-



At 30 April 2023
85,000


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2023
351


Disposals
(1)



At 30 April 2024
350




Page 5

 
SW (SCOTLAND) GROUP LIMITED
 

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

6.


Debtors

2024
2023
£
£

Due after more than one year

Amounts owed by group undertakings
260,900
209,900

Due from participating interests
215,950
164,127

476,850
374,027


2024
2023
£
£

Due within one year

Trade debtors
15,000
15,233

Amounts owed by group undertakings
49,900
-

Other debtors
84,411
4,796

Prepayments and accrued income
-
196

149,311
20,225



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,513
79

Amounts owed to group undertakings
-
3,101

Amounts owed to associates
3,345
-

Other taxation and social security
-
13,524

Accruals and deferred income
850
800

5,708
17,504


Page 6

 
SW (SCOTLAND) GROUP LIMITED
 

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

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10,200 (2023 - 10,200) Ordinary shares of £1.00 each
10,200
10,200



Page 7