Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31true2024-01-01falseNo description of principal activity1513trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC166658 2024-01-01 2024-12-31 SC166658 2023-01-01 2023-12-31 SC166658 2024-12-31 SC166658 2023-12-31 SC166658 c:Director1 2024-01-01 2024-12-31 SC166658 c:Director2 2024-01-01 2024-12-31 SC166658 c:RegisteredOffice 2024-01-01 2024-12-31 SC166658 d:Buildings 2024-01-01 2024-12-31 SC166658 d:Buildings 2024-12-31 SC166658 d:Buildings 2023-12-31 SC166658 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC166658 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 SC166658 d:PlantMachinery 2024-01-01 2024-12-31 SC166658 d:PlantMachinery 2024-12-31 SC166658 d:PlantMachinery 2023-12-31 SC166658 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC166658 d:MotorVehicles 2024-01-01 2024-12-31 SC166658 d:MotorVehicles 2024-12-31 SC166658 d:MotorVehicles 2023-12-31 SC166658 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC166658 d:OfficeEquipment 2024-01-01 2024-12-31 SC166658 d:OfficeEquipment 2024-12-31 SC166658 d:OfficeEquipment 2023-12-31 SC166658 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC166658 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC166658 d:CurrentFinancialInstruments 2024-12-31 SC166658 d:CurrentFinancialInstruments 2023-12-31 SC166658 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 SC166658 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC166658 d:ShareCapital 2024-12-31 SC166658 d:ShareCapital 2023-12-31 SC166658 d:CapitalRedemptionReserve 2024-12-31 SC166658 d:CapitalRedemptionReserve 2023-12-31 SC166658 d:RetainedEarningsAccumulatedLosses 2024-12-31 SC166658 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC166658 c:OrdinaryShareClass2 2024-01-01 2024-12-31 SC166658 c:OrdinaryShareClass2 2024-12-31 SC166658 c:OrdinaryShareClass2 2023-12-31 SC166658 c:OrdinaryShareClass4 2024-01-01 2024-12-31 SC166658 c:OrdinaryShareClass4 2024-12-31 SC166658 c:OrdinaryShareClass4 2023-12-31 SC166658 c:OrdinaryShareClass5 2024-01-01 2024-12-31 SC166658 c:OrdinaryShareClass5 2024-12-31 SC166658 c:OrdinaryShareClass5 2023-12-31 SC166658 c:FRS102 2024-01-01 2024-12-31 SC166658 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC166658 c:FullAccounts 2024-01-01 2024-12-31 SC166658 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC166658 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC166658










WW GLENDINNING HAULAGE CONTRACTORS LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
WW GLENDINNING HAULAGE CONTRACTORS LTD
 

COMPANY INFORMATION


Directors
Mr B Glendinning 
Mr W S Glendinning 




Registered number
SC166658



Registered office
c/o EQ Accountants Limited
Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
WW GLENDINNING HAULAGE CONTRACTORS LTD
REGISTERED NUMBER: SC166658

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
857,459
727,109

  
857,459
727,109

Current assets
  

Stocks
  
2,500
2,500

Debtors
 5 
352,304
265,961

Cash at bank and in hand
  
487,520
726,863

  
842,324
995,324

Creditors: amounts falling due within one year
 6 
(266,598)
(489,440)

Net current assets
  
 
 
575,726
 
 
505,884

Total assets less current liabilities
  
1,433,185
1,232,993

Provisions for liabilities
  

Deferred tax
  
(214,156)
(181,593)

  
 
 
(214,156)
 
 
(181,593)

Net assets
  
1,219,029
1,051,400


Capital and reserves
  

Called up share capital 
 7 
21
21

Capital redemption reserve
  
79
79

Profit and loss account
  
1,218,929
1,051,300

  
1,219,029
1,051,400

Page 1

 
WW GLENDINNING HAULAGE CONTRACTORS LTD
REGISTERED NUMBER: SC166658

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

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 by: 




Mr W S Glendinning
Director

Date: 25 March 2025

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

Page 2

 
WW GLENDINNING HAULAGE CONTRACTORS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

WW Glendinning Haulage Contractors Ltd is a private company, limited by shares, domiciled in Scotland, registration number SC166658. The registered office is Pentland House, Saltire Centre, Glenrothes, Fife, KY6 2AH, the trading address is Glenmar, Kennoway Road, Windygates, Fife, KY8 5BX.
The financial statements are presented in sterling, which is the functional currency of the company, and presented 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.

 
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

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
WW GLENDINNING HAULAGE CONTRACTORS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 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

 
WW GLENDINNING HAULAGE CONTRACTORS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 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 the following basis.


Property improvements
-
2%
Straight line
Plant and machinery
-
20%
Reducing balance
Motor vehicles
-
25%
Reducing balance
Office equipment
-
20%
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.

 
2.6

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.

 
2.7

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 15 (2023 - 13).

Page 5

 
WW GLENDINNING HAULAGE CONTRACTORS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Property imp'ments
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 January 2024
23,022
120,607
1,990,490
9,612
2,143,731


Additions
-
-
423,793
-
423,793


Disposals
-
-
(269,750)
-
(269,750)



At 31 December 2024

23,022
120,607
2,144,533
9,612
2,297,774



Depreciation


At 1 January 2024
6,680
95,022
1,307,333
7,587
1,416,622


Charge for the year on owned assets
461
8,138
223,284
154
232,037


Disposals
-
-
(208,344)
-
(208,344)



At 31 December 2024

7,141
103,160
1,322,273
7,741
1,440,315



Net book value



At 31 December 2024
15,881
17,447
822,260
1,871
857,459



At 31 December 2023
16,342
25,585
683,157
2,025
727,109


5.


Debtors

2024
2023
£
£



Trade debtors
304,446
217,079

Prepayments and accrued income
47,858
48,882

352,304
265,961


Page 6

 
WW GLENDINNING HAULAGE CONTRACTORS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
80

Trade creditors
54,387
54,312

Other taxation and social security
174,678
175,754

Other creditors
31,133
246,179

Accruals and deferred income
6,400
13,115

266,598
489,440



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary A share of £1.00
1
1
10 (2023 - 10) Ordinary C shares of £1.00 each
10
10
10 (2023 - 10) Ordinary D shares of £1.00 each
10
10

21

21



Page 7