Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312024-01-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC439059 2024-01-01 2024-12-31 SC439059 2023-01-01 2023-12-31 SC439059 2024-12-31 SC439059 2023-12-31 SC439059 c:Director1 2024-01-01 2024-12-31 SC439059 c:Director2 2024-01-01 2024-12-31 SC439059 c:RegisteredOffice 2024-01-01 2024-12-31 SC439059 d:FreeholdInvestmentProperty 2024-12-31 SC439059 d:FreeholdInvestmentProperty 2023-12-31 SC439059 d:CurrentFinancialInstruments 2024-12-31 SC439059 d:CurrentFinancialInstruments 2023-12-31 SC439059 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 SC439059 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC439059 d:ShareCapital 2024-12-31 SC439059 d:ShareCapital 2023-12-31 SC439059 d:OtherMiscellaneousReserve 2024-12-31 SC439059 d:OtherMiscellaneousReserve 2023-12-31 SC439059 d:RetainedEarningsAccumulatedLosses 2024-12-31 SC439059 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC439059 c:OrdinaryShareClass1 2024-01-01 2024-12-31 SC439059 c:OrdinaryShareClass1 2024-12-31 SC439059 c:OrdinaryShareClass2 2024-01-01 2024-12-31 SC439059 c:OrdinaryShareClass2 2024-12-31 SC439059 c:OrdinaryShareClass3 2024-01-01 2024-12-31 SC439059 c:OrdinaryShareClass3 2024-12-31 SC439059 c:OrdinaryShareClass4 2024-01-01 2024-12-31 SC439059 c:OrdinaryShareClass4 2024-12-31 SC439059 c:OrdinaryShareClass5 2024-01-01 2024-12-31 SC439059 c:OrdinaryShareClass5 2024-12-31 SC439059 c:FRS102 2024-01-01 2024-12-31 SC439059 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC439059 c:FullAccounts 2024-01-01 2024-12-31 SC439059 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC439059 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC439059










ALRO INVESTMENTS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
ALRO INVESTMENTS LIMITED
 

COMPANY INFORMATION


Directors
Mrs A M Smith 
Mr R A K Smith 




Registered number
SC439059



Registered office
Gellybank Farm House
By Cleish

Kinross

Fife

KY13 0LE




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
ALRO INVESTMENTS LIMITED
REGISTERED NUMBER: SC439059

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
£
£

Fixed assets
  

Investment property
 4 
276,482
276,482

  
276,482
276,482

Current assets
  

Cash at bank and in hand
  
14,135
6,852

  
14,135
6,852

Creditors: amounts falling due within one year
 5 
(246,439)
(235,895)

Net current liabilities
  
 
 
(232,304)
 
 
(229,043)

Total assets less current liabilities
  
44,178
47,439

Provisions for liabilities
  

Deferred tax
  
(3,073)
(3,073)

  
 
 
(3,073)
 
 
(3,073)

Net assets
  
41,105
44,366


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account - non distributable
  
30,927
30,927

Profit and loss account
  
10,078
13,339

  
41,105
44,366


Page 1

 
ALRO INVESTMENTS LIMITED
REGISTERED NUMBER: SC439059

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 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 comprehensive income 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: 




Mrs A M Smith
Director

Date: 11 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
ALRO INVESTMENTS LIMITED
 

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

1.


General information

The Company is limited by shares and incorporated in Scotland. The address of the registered office is Gellybank Farmhouse by Cleish, Kinross, Scotland, KY13 0LE.
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

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

 
ALRO INVESTMENTS LIMITED
 

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

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year 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 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


  
2.4

Investment property

lnvestment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in the Statement of comprehensive income.
The methods and significant assumptions used to ascertain the fair value at the balance sheet date and fair value movement in the profit for the year are as follows:
The properties have not been valued in the year by an independent valuer. The directors believe their knowledge of the property market, coupled with the fact that the Company has no intention to sell the properties and continues to rent the properties, that the total value of £276,482 represents a fair open market value as at 31 December 2024.

 
2.5

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.

Page 4

 
ALRO INVESTMENTS LIMITED
 

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

3.


Employees

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


4.


Investment property


Freehold investment property

£



Valuation


At 1 January 2024
276,482



At 31 December 2024
276,482

The 2024 valuations were made by the directors, on an open market value for existing use basis.





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
230,900
221,300

Accruals and deferred income
15,539
14,595

246,439
235,895


Included within other creditors is amounts due to the directors, Mr & Mrs R Smith. Interest is charged on the loan at 6% on the first £200,000 and 0% thereafter.


6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



43 Ordinary A shares of £1.00 each
43
43
42 Ordinary B shares of £1.00 each
42
42
5 Ordinary C shares of £1.00 each
5
5
5 Ordinary D shares of £1.00 each
5
5
5 Ordinary E shares of £1.00 each
5
5

100

100



Page 5