Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312024-01-01falseNo 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 SC267055 2024-01-01 2024-12-31 SC267055 2023-01-01 2023-12-31 SC267055 2024-12-31 SC267055 2023-12-31 SC267055 c:Director1 2024-01-01 2024-12-31 SC267055 c:Director2 2024-01-01 2024-12-31 SC267055 c:RegisteredOffice 2024-01-01 2024-12-31 SC267055 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 SC267055 d:Buildings d:LongLeaseholdAssets 2024-12-31 SC267055 d:Buildings d:LongLeaseholdAssets 2023-12-31 SC267055 d:PlantMachinery 2024-01-01 2024-12-31 SC267055 d:PlantMachinery 2024-12-31 SC267055 d:PlantMachinery 2023-12-31 SC267055 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC267055 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC267055 d:CurrentFinancialInstruments 2024-12-31 SC267055 d:CurrentFinancialInstruments 2023-12-31 SC267055 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 SC267055 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC267055 d:ShareCapital 2024-12-31 SC267055 d:ShareCapital 2023-12-31 SC267055 d:RetainedEarningsAccumulatedLosses 2024-12-31 SC267055 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC267055 c:OrdinaryShareClass1 2024-01-01 2024-12-31 SC267055 c:OrdinaryShareClass1 2024-12-31 SC267055 c:OrdinaryShareClass1 2023-12-31 SC267055 c:FRS102 2024-01-01 2024-12-31 SC267055 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC267055 c:FullAccounts 2024-01-01 2024-12-31 SC267055 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC267055 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC267055










LUMGAIR POULTRY LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
LUMGAIR POULTRY LIMITED
 

COMPANY INFORMATION


Directors
Mrs M A Lumgair 
R A Lumgair 




Registered number
SC267055



Registered office
Westby
64 West High Street

Forfar

Angus

DD8 1BJ




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
LUMGAIR POULTRY LIMITED
REGISTERED NUMBER: SC267055

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
£
£

FIXED ASSETS
  

Tangible assets
 4 
188,901
203,554

  
188,901
203,554

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
8,000
3,000

Cash at bank and in hand
  
2,572
2,390

  
10,572
5,390

Creditors: amounts falling due within one year
 6 
(39,601)
(59,346)

NET CURRENT LIABILITIES
  
 
 
(29,029)
 
 
(53,956)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
159,872
149,598

PROVISIONS FOR LIABILITIES
  

Deferred Taxation
  
(5,938)
(6,306)

NET ASSETS
  
 
 
153,934
 
 
143,292


CAPITAL AND RESERVES
  

Called up share capital 
 7 
100
100

Profit and loss account
  
153,834
143,192

  
153,934
143,292


Page 1

 
LUMGAIR POULTRY LIMITED
REGISTERED NUMBER: SC267055

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 3 April 2025.




R A Lumgair
Director

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

Page 2

 
LUMGAIR POULTRY LIMITED
 

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

1.


GENERAL INFORMATION

Lumgair Poultry Limited is a private company, limited by shares, incorporated in Scotland with registration number SC267055. The registered office is Westby, 64 West High Street, Forfar, DD8 1BJ.
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

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 3

 
LUMGAIR POULTRY LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
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, as follows.

Depreciation is provided on the following basis:

Property improvements
-
4% straight line
Plant and machinery
-
0% to 12.5% straight line and 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

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


EMPLOYEES

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

Page 4

 
LUMGAIR POULTRY LIMITED
 

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

4.


TANGIBLE FIXED ASSETS





Property improvements
Plant and machinery
Total

£
£
£



COST OR VALUATION


At 1 January 2024
225,783
172,236
398,019



At 31 December 2024

225,783
172,236
398,019



DEPRECIATION


At 1 January 2024
88,051
106,414
194,465


Charge for the year on owned assets
9,031
5,622
14,653



At 31 December 2024

97,082
112,036
209,118



NET BOOK VALUE



At 31 December 2024
128,701
60,200
188,901



At 31 December 2023
137,732
65,822
203,554


5.


DEBTORS

2024
2023
£
£


Other debtors
8,000
3,000

8,000
3,000



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Other taxation and social security
4,983
4,898

Other creditors
32,618
52,448

Accruals and deferred income
2,000
2,000

39,601
59,346


Page 5

 
LUMGAIR POULTRY LIMITED
 

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

7.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



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



Page 6