Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302025-05-14The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-10-01falseNo description of principal activity44truetruefalse SC487428 2023-10-01 2024-09-30 SC487428 2022-10-01 2023-09-30 SC487428 2024-09-30 SC487428 2023-09-30 SC487428 c:Director1 2023-10-01 2024-09-30 SC487428 c:Director2 2023-10-01 2024-09-30 SC487428 c:RegisteredOffice 2023-10-01 2024-09-30 SC487428 d:PlantMachinery 2023-10-01 2024-09-30 SC487428 d:PlantMachinery 2024-09-30 SC487428 d:PlantMachinery 2023-09-30 SC487428 d:FurnitureFittings 2023-10-01 2024-09-30 SC487428 d:FurnitureFittings 2024-09-30 SC487428 d:FurnitureFittings 2023-09-30 SC487428 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 SC487428 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-30 SC487428 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-30 SC487428 d:CurrentFinancialInstruments 2024-09-30 SC487428 d:CurrentFinancialInstruments 2023-09-30 SC487428 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 SC487428 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 SC487428 d:ShareCapital 2024-09-30 SC487428 d:ShareCapital 2023-09-30 SC487428 d:RetainedEarningsAccumulatedLosses 2024-09-30 SC487428 d:RetainedEarningsAccumulatedLosses 2023-09-30 SC487428 c:OrdinaryShareClass1 2023-10-01 2024-09-30 SC487428 c:OrdinaryShareClass1 2024-09-30 SC487428 c:OrdinaryShareClass1 2023-09-30 SC487428 c:FRS102 2023-10-01 2024-09-30 SC487428 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC487428 c:FullAccounts 2023-10-01 2024-09-30 SC487428 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC487428 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-10-01 2024-09-30 SC487428 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC487428










STEWART INVESTMENTS (2014) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
STEWART INVESTMENTS (2014) LIMITED
 

COMPANY INFORMATION


Directors
Mrs A E Stewart 
Mr P Stewart 




Registered number
SC487428



Registered office
35 Albert Road
Broughty Ferry

Dundee

DD5 1AY




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
STEWART INVESTMENTS (2014) LIMITED
REGISTERED NUMBER: SC487428

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
£
£

Fixed assets
  

Intangible assets
 4 
3,825
4,250

  
3,825
4,250

Current assets
  

Stocks
  
2,700
2,700

Cash at bank and in hand
  
47,083
51,778

  
49,783
54,478

Creditors: amounts falling due within one year
 6 
(189,082)
(182,529)

Net current liabilities
  
 
 
(139,299)
 
 
(128,051)

Total assets less current liabilities
  
(135,474)
(123,801)

  

Net liabilities
  
(135,474)
(123,801)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(135,574)
(123,901)

  
(135,474)
(123,801)


Page 1

 
STEWART INVESTMENTS (2014) LIMITED
REGISTERED NUMBER: SC487428

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 on 14 May 2025.




Mr P Stewart
Director

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

Page 2

 
STEWART INVESTMENTS (2014) LIMITED
 

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

1.


General information

Stewart Investments (2014) Limited  is a private company, limited by shares, incorporated in Scotland with registration number SC487428. The registered office is 35 Albert Road, Broughty Ferry, Dundee, DD5 1AY. 
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

The accounts are prepared on the going concern basis.  The company has a shareholders' deficit and Stewart Investments (2014) Limited is dependant on the continuing support of the directors.  It is envisaged that this support will continue for the foreseeable future.

 
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:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

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

 
STEWART INVESTMENTS (2014) LIMITED
 

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

2.Accounting policies (continued)

 
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.

 Amortisation is provided on the following bases:

Franchise Rights
-
5%
Straight line

 
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 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:

Plant and machinery
-
14%
Fixtures and fittings
-
14%

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.

 
2.7

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 4

 
STEWART INVESTMENTS (2014) LIMITED
 

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

4.


Intangible assets




Franchise fee

£



Cost


At 1 October 2023
8,500



At 30 September 2024

8,500



Amortisation


At 1 October 2023
4,250


Charge for the year on owned assets
425



At 30 September 2024

4,675



Net book value



At 30 September 2024
3,825



At 30 September 2023
4,250




5.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 October 2023
42,518
57,524
100,042



At 30 September 2024

42,518
57,524
100,042



Depreciation


At 1 October 2023
42,518
57,524
100,042



At 30 September 2024

42,518
57,524
100,042



Net book value



At 30 September 2024
-
-
-



At 30 September 2023
-
-
-

Page 5

 
STEWART INVESTMENTS (2014) LIMITED
 

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

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
3,679
2,101

Other taxation and social security
1,361
1,272

Other creditors
180,718
175,841

Accruals and deferred income
3,324
3,315

189,082
182,529



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



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



Page 6