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REGISTERED NUMBER: SC027740 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 29 MAY 2023 TO 26 MAY 2024

FOR

WILLIAM HARVIE & CO. (FARMERS) LIMITED

WILLIAM HARVIE & CO. (FARMERS) LIMITED (REGISTERED NUMBER: SC027740)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 MAY 2023 TO 26 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WILLIAM HARVIE & CO. (FARMERS) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 29 MAY 2023 TO 26 MAY 2024







DIRECTORS: W Stevenson
G Stevenson





SECRETARY: G Stevenson





REGISTERED OFFICE: Auchentiber Farm
Stewarton
Ayrshire
KA3 5JX





REGISTERED NUMBER: SC027740 (Scotland)





ACCOUNTANTS: Henry Brown & Co
Chartered Accountants
26 Portland Road
Kilmarnock
Ayrshire
KA1 2EB

WILLIAM HARVIE & CO. (FARMERS) LIMITED (REGISTERED NUMBER: SC027740)

BALANCE SHEET
26 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 233,887 241,028

CURRENT ASSETS
Debtors 5 120,703 95,435
Investments 6 269,346 189,172
Cash at bank 9,615 83,086
399,664 367,693
CREDITORS
Amounts falling due within one year 7 24,150 17,435
NET CURRENT ASSETS 375,514 350,258
TOTAL ASSETS LESS CURRENT
LIABILITIES

609,401

591,286

CAPITAL AND RESERVES
Called up share capital 15,000 15,000
Retained earnings 594,401 576,286
SHAREHOLDERS' FUNDS 609,401 591,286

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 26 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

WILLIAM HARVIE & CO. (FARMERS) LIMITED (REGISTERED NUMBER: SC027740)

BALANCE SHEET - continued
26 MAY 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 Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





W Stevenson - Director


WILLIAM HARVIE & CO. (FARMERS) LIMITED (REGISTERED NUMBER: SC027740)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 MAY 2023 TO 26 MAY 2024

1. STATUTORY INFORMATION

William Harvie & Co. (Farmers) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The financial statements relate to a single company.

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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Although the policy of not depreciating freehold property is contrary to F.R.S. 15, the directors feel that such a charge would be unrealistic given the market value of the heritable property.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

WILLIAM HARVIE & CO. (FARMERS) LIMITED (REGISTERED NUMBER: SC027740)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 MAY 2023 TO 26 MAY 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 29 May 2023
and 26 May 2024 212,466 8,250 122,450 343,166
DEPRECIATION
At 29 May 2023 - 8,189 93,949 102,138
Charge for period - 16 7,125 7,141
At 26 May 2024 - 8,205 101,074 109,279
NET BOOK VALUE
At 26 May 2024 212,466 45 21,376 233,887
At 28 May 2023 212,466 61 28,501 241,028

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 148
Other debtors 120,703 95,287
120,703 95,435

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 269,346 189,172

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 193 1,020
Taxation and social security - 243
Other creditors 23,957 16,172
24,150 17,435

8. ULTIMATE CONTROLLING PARTY

The controlling party is W Stevenson.