Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-01false2No description of principal activity2truetruefalse SC304242 2023-07-01 2024-06-30 SC304242 2022-07-01 2023-06-30 SC304242 2024-06-30 SC304242 2023-06-30 SC304242 c:Director1 2023-07-01 2024-06-30 SC304242 c:Director2 2023-07-01 2024-06-30 SC304242 c:RegisteredOffice 2023-07-01 2024-06-30 SC304242 d:Buildings 2023-07-01 2024-06-30 SC304242 d:Buildings 2024-06-30 SC304242 d:Buildings 2023-06-30 SC304242 d:Buildings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC304242 d:PlantMachinery 2023-07-01 2024-06-30 SC304242 d:PlantMachinery 2024-06-30 SC304242 d:PlantMachinery 2023-06-30 SC304242 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC304242 d:MotorVehicles 2023-07-01 2024-06-30 SC304242 d:MotorVehicles 2024-06-30 SC304242 d:MotorVehicles 2023-06-30 SC304242 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC304242 d:FurnitureFittings 2023-07-01 2024-06-30 SC304242 d:FurnitureFittings 2024-06-30 SC304242 d:FurnitureFittings 2023-06-30 SC304242 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC304242 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC304242 d:CurrentFinancialInstruments 2024-06-30 SC304242 d:CurrentFinancialInstruments 2023-06-30 SC304242 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC304242 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC304242 d:ShareCapital 2024-06-30 SC304242 d:ShareCapital 2023-06-30 SC304242 d:RevaluationReserve 2024-06-30 SC304242 d:RevaluationReserve 2023-06-30 SC304242 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC304242 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC304242 c:OrdinaryShareClass1 2023-07-01 2024-06-30 SC304242 c:OrdinaryShareClass1 2024-06-30 SC304242 c:OrdinaryShareClass1 2023-06-30 SC304242 c:FRS102 2023-07-01 2024-06-30 SC304242 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC304242 c:FullAccounts 2023-07-01 2024-06-30 SC304242 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC304242 2 2023-07-01 2024-06-30 SC304242 5 2023-07-01 2024-06-30 SC304242 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC304242










LEISURE HOLIDAY HOMES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
LEISURE HOLIDAY HOMES LIMITED
 

COMPANY INFORMATION


DIRECTORS
Mr A J Brown 
Mrs S Brown 




REGISTERED NUMBER
SC304242



REGISTERED OFFICE
Westby
64 West High Street

Forfar

Angus

DD8 1BJ




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
LEISURE HOLIDAY HOMES LIMITED
REGISTERED NUMBER: SC304242

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
£
£

FIXED ASSETS
  

Tangible fixed assets
  
2,024,568
3,074,323

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
299,868
253,117

Bank and cash balances
  
3,990
4,550

  
303,858
257,667

Creditors: amounts falling due within one year
 6 
(1,437,918)
(2,497,465)

NET CURRENT LIABILITIES
  
 
 
(1,134,060)
 
 
(2,239,798)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
890,508
834,525

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(242,382)
-

  
 
 
(242,382)
 
 
-

NET ASSETS
  
648,126
834,525


CAPITAL AND RESERVES
  

Called up share capital 
 7 
10
10

Revaluation reserve
  
969,528
-

Profit and loss account
  
(321,412)
834,515

  
648,126
834,525


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 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 11 March 2025.




Mr A J Brown
Page 1

 
LEISURE HOLIDAY HOMES LIMITED
REGISTERED NUMBER: SC304242

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

Director

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

Page 2

 
LEISURE HOLIDAY HOMES LIMITED
 

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

1.


GENERAL INFORMATION

Leisure Holiday Homes Limited is a private company, limited by shares, domiciled in Scotland with registration number SC304242. The registered office is situated at Westby, 64 West HIgh Street, Forfar, Angus, DD8 1BJ. 

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

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Rendering of services

Revenue 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 revenue 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

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
LEISURE HOLIDAY HOMES LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

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 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.

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.

Page 4

 
LEISURE HOLIDAY HOMES LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
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:

Plant and machinery
-
33.33%
Motor vehicles
-
25.00%
Fixtures and fittings
-
33.33%

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.

 
2.6

REVALUATION OF TANGIBLE FIXED ASSETS

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.


3.


EMPLOYEES

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

Page 5

 
LEISURE HOLIDAY HOMES LIMITED
 

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

4.


TANGIBLE FIXED ASSETS





Land and buildings
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



COST OR VALUATION


At 1 July 2023
3,060,007
198,141
5,160
25,087
3,288,395


Additions
-
35,000
-
-
35,000


Disposals
(2,029,535)
-
-
-
(2,029,535)


Revaluations
969,528
-
-
-
969,528



At 30 June 2024

2,000,000
233,141
5,160
25,087
2,263,388



DEPRECIATION


At 1 July 2023
-
185,675
5,160
23,237
214,072


Charge for the year on owned assets
-
24,131
-
617
24,748



At 30 June 2024

-
209,806
5,160
23,854
238,820



NET BOOK VALUE



At 30 June 2024
2,000,000
23,335
-
1,233
2,024,568



At 30 June 2023
3,060,007
12,466
-
1,850
3,074,323

Page 6

 
LEISURE HOLIDAY HOMES LIMITED
 

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

5.


DEBTORS

2024
2023
£
£


Trade debtors
113,807
110,800

Other debtors
16,061
22,317

Other loans
170,000
120,000

299,868
253,117



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
11,218
11,807

Other creditors
1,426,700
2,485,658

1,437,918
2,497,465



7.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



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



Page 7