Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-292024-06-292023-06-30falseNo 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 SC262189 2023-06-30 2024-06-29 SC262189 2022-06-30 2023-06-29 SC262189 2024-06-29 SC262189 2023-06-29 SC262189 c:Director1 2023-06-30 2024-06-29 SC262189 c:Director2 2023-06-30 2024-06-29 SC262189 c:Director2 2024-06-29 SC262189 c:RegisteredOffice 2023-06-30 2024-06-29 SC262189 d:PlantMachinery 2023-06-30 2024-06-29 SC262189 d:PlantMachinery 2024-06-29 SC262189 d:PlantMachinery 2023-06-29 SC262189 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-30 2024-06-29 SC262189 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-29 SC262189 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-29 SC262189 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-29 SC262189 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-29 SC262189 d:ShareCapital 2024-06-29 SC262189 d:ShareCapital 2023-06-29 SC262189 d:RetainedEarningsAccumulatedLosses 2024-06-29 SC262189 d:RetainedEarningsAccumulatedLosses 2023-06-29 SC262189 c:OrdinaryShareClass1 2023-06-30 2024-06-29 SC262189 c:OrdinaryShareClass1 2024-06-29 SC262189 c:OrdinaryShareClass1 2023-06-29 SC262189 c:FRS102 2023-06-30 2024-06-29 SC262189 c:AuditExempt-NoAccountantsReport 2023-06-30 2024-06-29 SC262189 c:FullAccounts 2023-06-30 2024-06-29 SC262189 c:PrivateLimitedCompanyLtd 2023-06-30 2024-06-29 SC262189 e:PoundSterling 2023-06-30 2024-06-29 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC262189










MORGAN HOMES (SCOTLAND) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024

 
MORGAN HOMES (SCOTLAND) LIMITED
 

COMPANY INFORMATION


Directors
R D Morgan 
D D Morgan (resigned 22 January 2024)




Registered number
SC262189



Registered office
West Leys Farm
Errol

Perth

PH2 7TD




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
MORGAN HOMES (SCOTLAND) LIMITED
REGISTERED NUMBER: SC262189

STATEMENT OF FINANCIAL POSITION
AS AT 29 JUNE 2024

2024
2023
£
£

FIXED ASSETS
  

Tangible assets
 4 
26,616
30,418

  
26,616
30,418

CURRENT ASSETS
  

Stocks
  
25,000
25,000

Debtors
  
10,495
10,210

Cash at bank and in hand
  
1,186
2,764

  
36,681
37,974

Creditors: amounts falling due within one year
  
(95,171)
(88,856)

NET CURRENT LIABILITIES
  
 
 
(58,490)
 
 
(50,882)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(31,874)
(20,464)

Creditors: amounts falling due after more than one year
  
(29,911)
(34,957)

  

NET LIABILITIES
  
(61,785)
(55,421)


CAPITAL AND RESERVES
  

Called up share capital 
 5 
900
900

Profit and loss account
  
(62,685)
(56,321)

  
(61,785)
(55,421)


Page 1

 
MORGAN HOMES (SCOTLAND) LIMITED
REGISTERED NUMBER: SC262189

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 JUNE 2024

The director considers 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 director acknowledges his 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 26 March 2025.




R D Morgan
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
MORGAN HOMES (SCOTLAND) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024

1.


GENERAL INFORMATION

Morgan Homes (Scotland) Limited is a private company, limited by shares, incroporated in Scotland with registration number SC262189. The registered office is West Leys Farm, Errol, Perth, PH2 7TD.  

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

GOING CONCERN

These accounts have been prepared under the going concern basis. The company has net liabilities and is dependent on the continued support of the directors. The directors have confirmed that they will continue to provide support for the forseeable future.

 
2.3

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
-
12.5%
reducing balance

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.

 
2.4

STOCKS

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 3

 
MORGAN HOMES (SCOTLAND) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
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.


3.


EMPLOYEES

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


4.


TANGIBLE FIXED ASSETS





Plant and machinery

£



COST OR VALUATION


At 30 June 2023
100,750



At 29 June 2024

100,750



DEPRECIATION


At 30 June 2023
70,332


Charge for the year on owned assets
3,802



At 29 June 2024

74,134



NET BOOK VALUE



At 29 June 2024
26,616



At 29 June 2023
30,418


5.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



900 (2023 - 900) Ordinary shares of £1.00 each
900
900



Page 4