Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30true2023-07-01falseNo description of principal activity4true2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC677501 2023-07-01 2024-06-30 SC677501 2022-07-01 2023-06-30 SC677501 2024-06-30 SC677501 2023-06-30 SC677501 c:Director1 2023-07-01 2024-06-30 SC677501 c:Director2 2023-07-01 2024-06-30 SC677501 c:RegisteredOffice 2023-07-01 2024-06-30 SC677501 d:Buildings 2023-07-01 2024-06-30 SC677501 d:Buildings 2024-06-30 SC677501 d:Buildings 2023-06-30 SC677501 d:Buildings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC677501 d:PlantMachinery 2023-07-01 2024-06-30 SC677501 d:PlantMachinery 2024-06-30 SC677501 d:PlantMachinery 2023-06-30 SC677501 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC677501 d:MotorVehicles 2023-07-01 2024-06-30 SC677501 d:MotorVehicles 2024-06-30 SC677501 d:MotorVehicles 2023-06-30 SC677501 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC677501 d:OfficeEquipment 2023-07-01 2024-06-30 SC677501 d:OfficeEquipment 2024-06-30 SC677501 d:OfficeEquipment 2023-06-30 SC677501 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC677501 d:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 SC677501 d:OtherPropertyPlantEquipment 2024-06-30 SC677501 d:OtherPropertyPlantEquipment 2023-06-30 SC677501 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC677501 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC677501 d:CurrentFinancialInstruments 2024-06-30 SC677501 d:CurrentFinancialInstruments 2023-06-30 SC677501 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC677501 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC677501 d:ShareCapital 2024-06-30 SC677501 d:ShareCapital 2023-06-30 SC677501 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC677501 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC677501 c:OrdinaryShareClass1 2023-07-01 2024-06-30 SC677501 c:OrdinaryShareClass1 2024-06-30 SC677501 c:OrdinaryShareClass1 2023-06-30 SC677501 c:FRS102 2023-07-01 2024-06-30 SC677501 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC677501 c:FullAccounts 2023-07-01 2024-06-30 SC677501 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC677501 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC677501










ABERFELDY STORAGE SOLUTIONS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
ABERFELDY STORAGE SOLUTIONS LIMITED
 

COMPANY INFORMATION


Directors
J K Woolnough 
Mrs J E Woolnough 




Registered number
SC677501



Registered office
Unit 4
Aberfeldy Business Park

Dunkeld Road

Aberfeldy

Scotland

PH15 2AQ




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
ABERFELDY STORAGE SOLUTIONS LIMITED
REGISTERED NUMBER: SC677501

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
£
£

FIXED ASSETS
  

Tangible assets
 4 
852,190
856,689

  
852,190
856,689

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
11,921
16,828

Bank and cash balances
  
5,960
3,557

  
17,881
20,385

Creditors: amounts falling due within one year
 6 
(888,048)
(881,532)

NET CURRENT LIABILITIES
  
 
 
(870,167)
 
 
(861,147)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(17,977)
(4,458)

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(3,306)
(4,950)

  
 
 
(3,306)
 
 
(4,950)

NET LIABILITIES
  
(21,283)
(9,408)


CAPITAL AND RESERVES
  

Called up share capital 
 7 
1
1

Profit and loss account
  
(21,284)
(9,409)

  
(21,283)
(9,408)


Page 1

 
ABERFELDY STORAGE SOLUTIONS LIMITED
REGISTERED NUMBER: SC677501

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 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 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 22 January 2025.




J K Woolnough
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ABERFELDY STORAGE SOLUTIONS LIMITED
 

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

1.


GENERAL INFORMATION

Aberfeldy Storage Solutions Limited is a private company, limited by shares, incorporated in Scotland with
registration number SC677501. The registered office is Unit 4, Aberfeldy Business Park, Dunkeld Road, Aberfeldy, Scotland, PH15 2AQ.
 

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

The accounts have been prepared on a going concern basis. The balance sheet shows net liabilties as this is the first year of full trading. The directors will continue to support the company for the foreseeable future.

 
2.3

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.

Page 3

 
ABERFELDY STORAGE SOLUTIONS LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

CURRENT AND DEFERRED TAXATION

The tax expense for the period 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 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.


 
2.5

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 a reducing balance basis.

Depreciation is provided on the following basis:

Containers
-
20.0%
reducing balance
Motor vehicles
-
25.0%
reducing balance
Office equipment
-
12.5%
reducing balance
Plant and machinery
-
12.5%
reducing balance

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.

No depreciation has been charged on heritable property.


3.


EMPLOYEES

2024
£

Wages and salaries
28,691

28,691


The average monthly number of employees, including directors, during the period was 4 (2023 - 2).

Page 4

 
ABERFELDY STORAGE SOLUTIONS LIMITED
 

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

4.


TANGIBLE FIXED ASSETS





Heritable property
Plant and machinery
Motor vehicles
Office equipment
Containers
Total

£
£
£
£
£
£



COST OR VALUATION


At 1 July 2023
785,632
5,086
47,976
3,265
39,822
881,781


Additions
-
6,791
-
2,415
3,638
12,844



At 30 June 2024

785,632
11,877
47,976
5,680
43,460
894,625



DEPRECIATION


At 1 July 2023
-
636
11,995
407
12,054
25,092


Charge for the period on owned assets
-
1,405
8,997
659
6,282
17,343



At 30 June 2024

-
2,041
20,992
1,066
18,336
42,435



NET BOOK VALUE



At 30 June 2024
785,632
9,836
26,984
4,614
25,124
852,190


5.


DEBTORS

2024
£


Trade debtors
9,193

Prepayments and accrued income
2,728

11,921



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
15,278
699

Amounts owed to group undertakings
866,007
878,941

Other taxation and social security
498
-

Other creditors
3,815
142

Accruals
2,450
1,750

888,048
881,532


Page 5

 
ABERFELDY STORAGE SOLUTIONS LIMITED
 

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

7.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



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



Page 6