Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30falseNo description of principal activity2023-10-0122falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC486076 2023-10-01 2024-09-30 SC486076 2022-10-01 2023-09-30 SC486076 2024-09-30 SC486076 2023-09-30 SC486076 c:Director1 2023-10-01 2024-09-30 SC486076 c:Director2 2023-10-01 2024-09-30 SC486076 c:RegisteredOffice 2023-10-01 2024-09-30 SC486076 d:OfficeEquipment 2023-10-01 2024-09-30 SC486076 d:OfficeEquipment 2024-09-30 SC486076 d:OfficeEquipment 2023-09-30 SC486076 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC486076 d:CurrentFinancialInstruments 2024-09-30 SC486076 d:CurrentFinancialInstruments 2023-09-30 SC486076 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 SC486076 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 SC486076 d:ShareCapital 2024-09-30 SC486076 d:ShareCapital 2023-09-30 SC486076 d:RetainedEarningsAccumulatedLosses 2024-09-30 SC486076 d:RetainedEarningsAccumulatedLosses 2023-09-30 SC486076 c:OrdinaryShareClass1 2023-10-01 2024-09-30 SC486076 c:OrdinaryShareClass1 2024-09-30 SC486076 c:OrdinaryShareClass1 2023-09-30 SC486076 c:FRS102 2023-10-01 2024-09-30 SC486076 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC486076 c:FullAccounts 2023-10-01 2024-09-30 SC486076 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC486076 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC486076










PITTEADIE CASTLE LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
PITTEADIE CASTLE LTD
 

COMPANY INFORMATION


Directors
L J Barclay-Smith 
R G Barclay-Smith 




Registered number
SC486076



Registered office
Pentland House
Saltire Centre

Glenrothes

Fife

KY6 2AH




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
PITTEADIE CASTLE LTD
REGISTERED NUMBER:SC486076

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
298
985

  
298
985

Current assets
  

Cash at bank and in hand
  
148
43

  
148
43

Creditors: amounts falling due within one year
 5 
(118,043)
(118,827)

Net current liabilities
  
 
 
(117,895)
 
 
(118,784)

Total assets less current liabilities
  
(117,597)
(117,799)

  

Net liabilities
  
(117,597)
(117,799)


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
(117,697)
(117,899)

  
(117,597)
(117,799)


Page 1

 
PITTEADIE CASTLE LTD
REGISTERED NUMBER:SC486076

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 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: 




R G Barclay-Smith
Director

Date: 8 April 2025

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

Page 2

 
PITTEADIE CASTLE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1.


General information

Pitteadie Castle Ltd is a private company limited by shares and incorporated in Scotland with registration number SC486076. The address of the registered office is Pentland House, Saltire Centre, Glenrothes, KY6 2AH. 
The financial statements are presented in Sterling which is the functional currency of the Company and rounded 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.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis, notwithstanding the company has net liabilities as at 30 September 2024 of £117,597.  Included within creditors due within one year, is a loan from the directors amounting to £116,908.  The directors have confirmed that they will not seek repayment of the loan until the financial positon of the company permits.  The directors believe the company has sufficient working capital for it to continue trading for at least 12 months from the date the financial statements are approved.

 
2.3

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.

Page 3

 
PITTEADIE CASTLE LTD
 

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

2.Accounting policies (continued)

 
2.4

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.

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.


 
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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
20% straight line

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.

Page 4

 
PITTEADIE CASTLE LTD
 

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

2.Accounting policies (continued)

 
2.6

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





Office equipment

£



Cost or valuation


At 1 October 2023
3,435



At 30 September 2024

3,435



Depreciation


At 1 October 2023
2,450


Charge for the year on owned assets
687



At 30 September 2024

3,137



Net book value



At 30 September 2024
298



At 30 September 2023
985

Page 5

 
PITTEADIE CASTLE LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
116,908
117,482

Accruals and deferred income
1,135
1,345

118,043
118,827



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



Page 6