Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31140632024-01-01falsetrueNo description of principal activity55trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC539923 2024-01-01 2024-12-31 SC539923 2023-01-01 2023-12-31 SC539923 2024-12-31 SC539923 2023-12-31 SC539923 c:Director1 2024-01-01 2024-12-31 SC539923 c:Director2 2024-01-01 2024-12-31 SC539923 c:RegisteredOffice 2024-01-01 2024-12-31 SC539923 d:Buildings 2024-01-01 2024-12-31 SC539923 d:Buildings 2024-12-31 SC539923 d:Buildings 2023-12-31 SC539923 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC539923 d:Buildings d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 SC539923 d:Buildings d:ShortLeaseholdAssets 2024-01-01 2024-12-31 SC539923 d:Buildings d:ShortLeaseholdAssets 2024-12-31 SC539923 d:Buildings d:ShortLeaseholdAssets 2023-12-31 SC539923 d:PlantMachinery 2024-01-01 2024-12-31 SC539923 d:PlantMachinery 2024-12-31 SC539923 d:PlantMachinery 2023-12-31 SC539923 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC539923 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 SC539923 d:MotorVehicles 2024-01-01 2024-12-31 SC539923 d:MotorVehicles 2024-12-31 SC539923 d:MotorVehicles 2023-12-31 SC539923 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC539923 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 SC539923 d:FurnitureFittings 2024-01-01 2024-12-31 SC539923 d:FurnitureFittings 2024-12-31 SC539923 d:FurnitureFittings 2023-12-31 SC539923 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC539923 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 SC539923 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC539923 d:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 SC539923 d:ComputerSoftware 2024-12-31 SC539923 d:ComputerSoftware 2023-12-31 SC539923 d:CurrentFinancialInstruments 2024-12-31 SC539923 d:CurrentFinancialInstruments 2023-12-31 SC539923 d:Non-currentFinancialInstruments 2024-12-31 SC539923 d:Non-currentFinancialInstruments 2023-12-31 SC539923 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 SC539923 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC539923 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 SC539923 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 SC539923 d:ShareCapital 2024-12-31 SC539923 d:ShareCapital 2023-12-31 SC539923 d:RetainedEarningsAccumulatedLosses 2024-12-31 SC539923 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC539923 c:OrdinaryShareClass1 2024-01-01 2024-12-31 SC539923 c:OrdinaryShareClass1 2024-12-31 SC539923 c:OrdinaryShareClass1 2023-12-31 SC539923 c:FRS102 2024-01-01 2024-12-31 SC539923 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC539923 c:FullAccounts 2024-01-01 2024-12-31 SC539923 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC539923 d:WithinOneYear 2024-12-31 SC539923 d:WithinOneYear 2023-12-31 SC539923 d:BetweenOneFiveYears 2024-12-31 SC539923 d:BetweenOneFiveYears 2023-12-31 SC539923 d:MoreThanFiveYears 2024-12-31 SC539923 d:MoreThanFiveYears 2023-12-31 SC539923 d:HirePurchaseContracts d:WithinOneYear 2024-12-31 SC539923 d:HirePurchaseContracts d:WithinOneYear 2023-12-31 SC539923 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-12-31 SC539923 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-12-31 SC539923 d:ComputerSoftware d:OwnedIntangibleAssets 2024-01-01 2024-12-31 SC539923 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC539923










ELIE LEISURE COMPANY LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
ELIE LEISURE COMPANY LTD
 

COMPANY INFORMATION


DIRECTORS
A Nairn 
Mrs T Nairn 




REGISTERED NUMBER
SC539923



REGISTERED OFFICE
Broomlees Farmhouse
Elie

Leven

Fife

KY9 1JT




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
ELIE LEISURE COMPANY LTD
REGISTERED NUMBER: SC539923

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
£
£

FIXED ASSETS
  

Intangible assets
 4 
9,470
10,522

Tangible assets
 5 
568,967
556,800

  
578,437
567,322

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 6 
85,849
17,818

  
85,849
17,818

Creditors: amounts falling due within one year
 7 
(421,006)
(500,917)

NET CURRENT LIABILITIES
  
 
 
(335,157)
 
 
(483,099)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
243,280
84,223

Creditors: amounts falling due after more than one year
 8 
(69,667)
(20,625)

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(33,957)
(7,298)

  
 
 
(33,957)
 
 
(7,298)

NET ASSETS
  
139,656
56,300


CAPITAL AND RESERVES
  

Called up share capital 
 10 
100
100

Profit and loss account
  
139,556
56,200

  
139,656
56,300


Page 1

 
ELIE LEISURE COMPANY LTD
REGISTERED NUMBER: SC539923

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 on 30 April 2025.




Mrs T Nairn
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ELIE LEISURE COMPANY LTD
 

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

1.


GENERAL INFORMATION

Elie Leisure Company Limited is a private company, limited by shares, incorporated in Scotland, registration number SC539923. The registered office is Broomlees Farmhouse, Elie, Leven, Fife, KY9 1JT.
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

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

OPERATING LEASES: THE COMPANY AS LESSEE

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

 
ELIE LEISURE COMPANY 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.


 
2.5

INTANGIBLE ASSETS

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

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 provided on the following basis:

Heritable property
-
4.0%
Straight line
Safari tents
-
12.5%
Straight line
Plant and machinery
-
12.5%
Reducing balance
Motor vehicles
-
Fixtures and fittings
-
12.5%
Reducing balance



Page 4

 
ELIE LEISURE COMPANY LTD
 

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

3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).


4.


INTANGIBLE ASSETS




Website

£



COST


At 1 January 2024
19,579



At 31 December 2024

19,579



AMORTISATION


At 1 January 2024
9,057


Charge for the year on owned assets
1,052



At 31 December 2024

10,109



NET BOOK VALUE



At 31 December 2024
9,470



At 31 December 2023
10,522




5.


TANGIBLE FIXED ASSETS





Heritable property
Safari tents
Fixtures and fittings
Plant and machinery
Motor vehicles

£
£
£
£
£



COST OR VALUATION


At 1 January 2024
551,983
112,499
123,683
37,965
-


Additions
-
-
2,372
1,333
69,000



At 31 December 2024

551,983
112,499
126,055
39,298
69,000



DEPRECIATION


At 1 January 2024
107,347
81,390
67,095
13,498
-


Charge for the year on owned assets
22,079
14,063
7,370
3,226
-


Charge for the year on financed assets
-
-
-
-
13,800



At 31 December 2024

129,426
95,453
74,465
16,724
13,800
Page 5

 
ELIE LEISURE COMPANY LTD
 

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

           5.TANGIBLE FIXED ASSETS (CONTINUED)




NET BOOK VALUE



At 31 December 2024
422,557
17,046
51,590
22,574
55,200



At 31 December 2023
444,636
31,109
56,588
24,467
-

Total

£



COST OR VALUATION


At 1 January 2024
826,130


Additions
72,705



At 31 December 2024

898,835



DEPRECIATION


At 1 January 2024
269,330


Charge for the year on owned assets
46,738


Charge for the year on financed assets
13,800



At 31 December 2024

329,868



NET BOOK VALUE



At 31 December 2024
568,967



At 31 December 2023
556,800


6.


DEBTORS

2024
2023
£
£


Other debtors
85,849
17,818

85,849
17,818


Page 6

 
ELIE LEISURE COMPANY LTD
 

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

7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank overdrafts
23,781
16,145

Other loans
3,750
3,750

Trade creditors
15,884
10,614

Obligations under finance lease and hire purchase contracts
4,409
-

Other creditors
369,765
467,902

Accruals and deferred income
3,417
2,506

421,006
500,917


Included within the above creditors is an amount due the directors of £365,224.  The directors have endeavoured to support the business and do not plan to draw this money out in the immediate future.


8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Other loans
16,875
20,625

Net obligations under finance leases and hire purchase contracts
52,792
-

69,667
20,625



9.


HIRE PURCHASE AND FINANCE LEASES


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
4,409
-

Between 1-5 years
52,792
-

57,201
-


10.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



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


Page 7

 
ELIE LEISURE COMPANY LTD
 

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

11.


COMMITMENTS UNDER OPERATING LEASES

At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
6,614
6,614

Later than 1 year and not later than 5 years
26,458
26,458

Later than 5 years
2,205
8,819

35,277
41,891


Page 8