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REGISTERED NUMBER: SC240895 (Scotland)















Highlandwide Estate Services Limited

Financial Statements For The Year Ended 31 December 2024






Highlandwide Estate Services Limited (Registered number: SC240895)






Contents of the Financial Statements
For The Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Highlandwide Estate Services Limited

Company Information
For The Year Ended 31 December 2024







DIRECTOR: M W J MacNally



REGISTERED OFFICE: Home Farm
Invergarry
Inverness-shire
PH35 4HP



REGISTERED NUMBER: SC240895 (Scotland)



ACCOUNTANTS: The Long Partnership
1st Floor
Robertson House
Shore Street
Inverness
Highland
IV1 1NF



BANKERS: Bank of Scotland
62 High Street
Fort William
PH33 6AE

Highlandwide Estate Services Limited (Registered number: SC240895)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,745 864
Investments 5 250 250
5,995 1,114

CURRENT ASSETS
Stocks 13,680 10,200
Debtors 6 2,901 2,511
16,581 12,711
CREDITORS
Amounts falling due within one year 7 15,441 6,206
NET CURRENT ASSETS 1,140 6,505
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,135

7,619

PROVISIONS FOR LIABILITIES 1,091 164
NET ASSETS 6,044 7,455

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 6,043 7,454
SHAREHOLDERS' FUNDS 6,044 7,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Highlandwide Estate Services Limited (Registered number: SC240895)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 March 2025 and were signed by:





M W J MacNally - Director


Highlandwide Estate Services Limited (Registered number: SC240895)

Notes to the Financial Statements
For The Year Ended 31 December 2024

1. STATUTORY INFORMATION

Highlandwide Estate Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance, 20% on reducing balance, 15% on reducing balance and 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Highlandwide Estate Services Limited (Registered number: SC240895)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 January 2024 17,433
Additions 6,800
At 31 December 2024 24,233
DEPRECIATION
At 1 January 2024 16,569
Charge for year 1,919
At 31 December 2024 18,488
NET BOOK VALUE
At 31 December 2024 5,745
At 31 December 2023 864

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024
and 31 December 2024 250
NET BOOK VALUE
At 31 December 2024 250
At 31 December 2023 250

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 2,580 1,728
Other debtors 321 783
2,901 2,511

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 1,409 884
Trade creditors 550 1,845
Taxation and social security - 576
Other creditors 13,482 2,901
15,441 6,206