Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01false1No description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC555449 2023-07-01 2024-06-30 SC555449 2022-07-01 2023-06-30 SC555449 2024-06-30 SC555449 2023-06-30 SC555449 c:Director1 2023-07-01 2024-06-30 SC555449 c:Director1 2024-06-30 SC555449 c:Director2 2023-07-01 2024-06-30 SC555449 c:Director2 2024-06-30 SC555449 c:Director3 2023-07-01 2024-06-30 SC555449 c:Director3 2024-06-30 SC555449 c:RegisteredOffice 2023-07-01 2024-06-30 SC555449 d:PlantMachinery 2023-07-01 2024-06-30 SC555449 d:PlantMachinery 2024-06-30 SC555449 d:PlantMachinery 2023-06-30 SC555449 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 SC555449 d:CurrentFinancialInstruments 2024-06-30 SC555449 d:CurrentFinancialInstruments 2023-06-30 SC555449 d:Non-currentFinancialInstruments 2024-06-30 SC555449 d:Non-currentFinancialInstruments 2023-06-30 SC555449 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 SC555449 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 SC555449 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 SC555449 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 SC555449 d:ShareCapital 2024-06-30 SC555449 d:ShareCapital 2023-06-30 SC555449 d:RetainedEarningsAccumulatedLosses 2024-06-30 SC555449 d:RetainedEarningsAccumulatedLosses 2023-06-30 SC555449 c:OrdinaryShareClass1 2023-07-01 2024-06-30 SC555449 c:OrdinaryShareClass1 2024-06-30 SC555449 c:FRS102 2023-07-01 2024-06-30 SC555449 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 SC555449 c:FullAccounts 2023-07-01 2024-06-30 SC555449 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 SC555449 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC555449










KEILLOUR COLLECTION LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

 
KEILLOUR COLLECTION LIMITED
 

COMPANY INFORMATION


Directors
Mr T Drake (resigned 28 October 2024)
Mr K McKay (appointed 28 October 2024)
Mr M Drake (appointed 28 October 2024)




Registered number
SC555449



Registered office
Aldie Cottage
Keillour

Methven

Perth

PH1 3RA




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
KEILLOUR COLLECTION LIMITED
REGISTERED NUMBER: SC555449

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
£
£

FIXED ASSETS
  

Tangible assets
 4 
79,727
93,796

  
79,727
93,796

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
36,921
92,989

Bank and cash balances
  
6,809
9,075

  
43,730
102,064

Creditors: amounts falling due within one year
 6 
(53,114)
(23,460)

NET CURRENT (LIABILITIES)/ASSETS
  
 
 
(9,384)
 
 
78,604

TOTAL ASSETS LESS CURRENT LIABILITIES
  
70,343
172,400

Creditors: amounts falling due after more than one year
 7 
(22,160)
(26,271)

  

NET ASSETS
  
48,183
146,129


CAPITAL AND RESERVES
  

Called up share capital 
 8 
1
1

Profit and loss account
  
48,182
146,128

  
48,183
146,129


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 19 March 2025.




Page 1

 
KEILLOUR COLLECTION LIMITED
REGISTERED NUMBER: SC555449

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

Mr M Drake
Director

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

Page 2

 
KEILLOUR COLLECTION LIMITED
 

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

1.


GENERAL INFORMATION

Keillour Collection Limited is a private company, limited by shares, domiciled in Scotland with registration number SC555449. The registered office is Aldie Cottage, Keillour, Methven, Scotland, PH1 3RA.
The Company's functional and presentational currency is GBP.

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.

 
2.3

TAXATION

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.


Page 3

 
KEILLOUR COLLECTION LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

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
-
15%

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.

 
2.5

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
KEILLOUR COLLECTION LIMITED
 

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

4.


TANGIBLE FIXED ASSETS





Plant and machinery

£



COST OR VALUATION


At 1 July 2023
273,552



At 30 June 2024

273,552



DEPRECIATION


At 1 July 2023
179,756


Charge for the year on owned assets
14,069



At 30 June 2024

193,825



NET BOOK VALUE



At 30 June 2024
79,727



At 30 June 2023
93,796


5.


DEBTORS

2024
2023
£
£


Trade debtors
3,121
2,563

Other debtors
33,800
90,426

36,921
92,989


Page 5

 
KEILLOUR COLLECTION LIMITED
 

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

6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
4,110
4,008

Amounts owed to group undertakings
22,241
5,567

Other creditors
24,058
11,365

Accruals and deferred income
2,705
2,520

53,114
23,460


Bank loans due within one year relate to a Bounce Back Loan received during 2020, as detailed within the Government Grants accounting policy. There is no security attached to the loan.


7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
22,160
26,271

22,160
26,271


Bank loans relate to a Bounce Back Loan received during 2020, as detailed within the Government Grants accounting policy. There is no security attached to the loan.


8.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1 Ordinary share of £1.00
1
1



Page 6