Acorah Software Products - Accounts Production 16.1.300 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 SC607250 Michael Miller iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC607250 2023-09-30 SC607250 2024-09-30 SC607250 2023-10-01 2024-09-30 SC607250 frs-core:MotorVehicles 2023-10-01 2024-09-30 SC607250 frs-core:PlantMachinery 2024-09-30 SC607250 frs-core:PlantMachinery 2023-10-01 2024-09-30 SC607250 frs-core:PlantMachinery 2023-09-30 SC607250 frs-core:ShareCapital 2024-09-30 SC607250 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 SC607250 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC607250 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 SC607250 frs-bus:SmallEntities 2023-10-01 2024-09-30 SC607250 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC607250 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 SC607250 frs-bus:Director1 2023-10-01 2024-09-30 SC607250 frs-countries:Scotland 2023-10-01 2024-09-30 SC607250 2022-09-30 SC607250 2023-09-30 SC607250 2022-10-01 2023-09-30 SC607250 frs-core:ShareCapital 2023-09-30 SC607250 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: SC607250
Highland Construction Trades Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC607250
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,108 2,812
2,108 2,812
CURRENT ASSETS
Debtors 5 1,078 688
Cash at bank and in hand 1,485 1,786
2,563 2,474
Creditors: Amounts Falling Due Within One Year 6 (3,089 ) (3,296 )
NET CURRENT ASSETS (LIABILITIES) (526 ) (822 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,582 1,990
NET ASSETS 1,582 1,990
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 1,581 1,989
SHAREHOLDERS' FUNDS 1,582 1,990
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For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Michael Miller
Director
24/01/2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Highland Construction Trades Limited is a private company, limited by shares, incorporated in Scotland, registered number SC607250 . The registered office is Mountain Ash, Bogbain Road, Tain, IV19 1LZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance method
Motor Vehicles 25% reducing balance method
Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
2.4. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet 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.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transactions costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets
Financial assets are assessed for indicators of impairment at each reporting end date.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled.

Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price and are subsequently carried at amortised cost using the effect interest method, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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2.5. Equity Instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.
2.6. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash at bank.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 October 2023 5,000
As at 30 September 2024 5,000
Depreciation
As at 1 October 2023 2,188
Provided during the period 704
As at 30 September 2024 2,892
Net Book Value
As at 30 September 2024 2,108
As at 1 October 2023 2,812
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,078 688
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 3,089 3,296
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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