Company Registration No. SC092814 (Scotland)
HIGHLAND FAYRE LIMITED
Unaudited accounts
for the year ended 30 June 2024
HIGHLAND FAYRE LIMITED
Unaudited accounts
Contents
HIGHLAND FAYRE LIMITED
Company Information
for the year ended 30 June 2024
Directors
David John Phillip England
Pia Margareta England
Secretary
David John Phillip England
Company Number
SC092814 (Scotland)
Registered Office
Unit 2, Inveralmond Industrial Estate
Ruthvenfield Road
Perth
PH13WB
Accountants
Darren Kane MAAT
Figure Four Accounting Ltd
Office 2, 10 Milton Street
Dundee
DD3 6QQ
HIGHLAND FAYRE LIMITED
Accountants' report
Accountants' report to the board of directors of HIGHLAND FAYRE LIMITED (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 June 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 June 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Darren Kane MAAT
Figure Four Accounting Ltd
Office 2, 10 Milton Street
Dundee
DD3 6QQ
12 February 2025
HIGHLAND FAYRE LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
152,441
145,638
Inventories
136,092
126,413
Creditors: amounts falling due within one year
(281,943)
(94,368)
Net current assets
212,801
116,405
Total assets less current liabilities
365,742
262,543
Creditors: amounts falling due after more than one year
(16,848)
(29,908)
Net assets
348,894
232,635
Called up share capital
100
100
Profit and loss account
348,794
232,535
Shareholders' funds
348,894
232,635
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 February 2025 and were signed on its behalf by
David John Phillip England
Director
Company Registration No. SC092814
HIGHLAND FAYRE LIMITED
Notes to the Accounts
for the year ended 30 June 2024
HIGHLAND FAYRE LIMITED is a private company, limited by shares, registered in Scotland, registration number SC092814. The registered office is Unit 2, Inveralmond Industrial Estate, Ruthvenfield Road, Perth, PH13WB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts have been prepared on a going concern basis.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
HIGHLAND FAYRE LIMITED
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
114,530
39,834
34,152
188,516
Additions
-
8,044
25,848
33,892
Disposals
-
-
(23,224)
(23,224)
At 30 June 2024
114,530
47,878
36,776
199,184
At 1 July 2023
5,578
22,235
15,065
42,878
Charge for the year
2,179
5,128
6,289
13,596
On disposals
-
-
(9,731)
(9,731)
At 30 June 2024
7,757
27,363
11,623
46,743
At 30 June 2024
106,773
20,515
25,153
152,441
At 30 June 2023
108,952
17,599
19,087
145,638
Amounts falling due within one year
Amounts due from group undertakings etc.
445
-
Amounts falling due after more than one year
Amounts due from group undertakings etc.
351,832
73,669
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
213,730
6,003
Obligations under finance leases and hire purchase contracts
3,929
-
Trade creditors
42,861
14,299
Taxes and social security
12,572
53,026
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,603
-
HIGHLAND FAYRE LIMITED
Notes to the Accounts
for the year ended 30 June 2024
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).