Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30No description of principal activitytrue172023-10-01false17falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC156235 2023-10-01 2024-09-30 SC156235 2022-10-01 2023-09-30 SC156235 2024-09-30 SC156235 2023-09-30 SC156235 c:Director1 2023-10-01 2024-09-30 SC156235 c:Director2 2023-10-01 2024-09-30 SC156235 c:Director3 2023-10-01 2024-09-30 SC156235 c:Director4 2023-10-01 2024-09-30 SC156235 c:RegisteredOffice 2023-10-01 2024-09-30 SC156235 d:Buildings 2023-10-01 2024-09-30 SC156235 d:Buildings 2024-09-30 SC156235 d:Buildings 2023-09-30 SC156235 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC156235 d:Buildings d:LongLeaseholdAssets 2023-10-01 2024-09-30 SC156235 d:PlantMachinery 2023-10-01 2024-09-30 SC156235 d:PlantMachinery 2024-09-30 SC156235 d:PlantMachinery 2023-09-30 SC156235 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC156235 d:MotorVehicles 2023-10-01 2024-09-30 SC156235 d:MotorVehicles 2024-09-30 SC156235 d:MotorVehicles 2023-09-30 SC156235 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC156235 d:FurnitureFittings 2023-10-01 2024-09-30 SC156235 d:FurnitureFittings 2024-09-30 SC156235 d:FurnitureFittings 2023-09-30 SC156235 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC156235 d:OfficeEquipment 2023-10-01 2024-09-30 SC156235 d:OfficeEquipment 2024-09-30 SC156235 d:OfficeEquipment 2023-09-30 SC156235 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC156235 d:ComputerEquipment 2023-10-01 2024-09-30 SC156235 d:ComputerEquipment 2024-09-30 SC156235 d:ComputerEquipment 2023-09-30 SC156235 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC156235 d:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 SC156235 d:OtherPropertyPlantEquipment 2024-09-30 SC156235 d:OtherPropertyPlantEquipment 2023-09-30 SC156235 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC156235 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 SC156235 d:Goodwill 2024-09-30 SC156235 d:Goodwill 2023-09-30 SC156235 d:CurrentFinancialInstruments 2024-09-30 SC156235 d:CurrentFinancialInstruments 2023-09-30 SC156235 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 SC156235 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 SC156235 d:ShareCapital 2024-09-30 SC156235 d:ShareCapital 2023-09-30 SC156235 d:RetainedEarningsAccumulatedLosses 2024-09-30 SC156235 d:RetainedEarningsAccumulatedLosses 2023-09-30 SC156235 c:OrdinaryShareClass1 2023-10-01 2024-09-30 SC156235 c:OrdinaryShareClass1 2023-09-30 SC156235 c:OrdinaryShareClass2 2023-10-01 2024-09-30 SC156235 c:OrdinaryShareClass2 2024-09-30 SC156235 c:OrdinaryShareClass3 2023-10-01 2024-09-30 SC156235 c:OrdinaryShareClass3 2024-09-30 SC156235 c:OrdinaryShareClass4 2023-10-01 2024-09-30 SC156235 c:OrdinaryShareClass4 2024-09-30 SC156235 c:OrdinaryShareClass5 2023-10-01 2024-09-30 SC156235 c:OrdinaryShareClass5 2024-09-30 SC156235 c:FRS102 2023-10-01 2024-09-30 SC156235 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 SC156235 c:FullAccounts 2023-10-01 2024-09-30 SC156235 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 SC156235 6 2023-10-01 2024-09-30 SC156235 e:PoundSterling 2023-10-01 2024-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC156235










TATLOCK & THOMSON LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
TATLOCK & THOMSON LIMITED
 

COMPANY INFORMATION


Directors
Mr H Riffkin 
Mrs E Riffkin 
Mr D Riffkin 
Mrs J McArthur 




Registered number
SC156235



Registered office
Tatlock House
The Teuchats

Leven

Fife

KY8 5PF




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
TATLOCK & THOMSON LIMITED
REGISTERED NUMBER: SC156235

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 5 
1,319,022
1,109,429

Investments
 6 
767,901
767,901

  
2,086,923
1,877,330

Current assets
  

Stocks
  
25,000
25,000

Debtors: amounts falling due within one year
 7 
428,310
458,666

Cash at bank and in hand
  
858,765
1,167,928

  
1,312,075
1,651,594

Creditors: amounts falling due within one year
 8 
(246,978)
(259,984)

Net current assets
  
 
 
1,065,097
 
 
1,391,610

Total assets less current liabilities
  
3,152,020
3,268,940

Provisions for liabilities
  

Deferred tax
  
(230,565)
(224,544)

  
 
 
(230,565)
 
 
(224,544)

Net assets
  
2,921,455
3,044,396


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
2,921,355
3,044,296

  
2,921,455
3,044,396


Page 1

 
TATLOCK & THOMSON LIMITED
REGISTERED NUMBER: SC156235

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 9 April 2025.




Mr H Riffkin
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
TATLOCK & THOMSON LIMITED
 

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

1.


General information

Tatlock & Thomson Limited is a private company, limited by shares, incorporated in Scotland with registration number SC156235. The registered office is Tatlock House, The Teuchats, Leven, Fife, KY8 5PF.
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

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

 
TATLOCK & THOMSON LIMITED
 

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

2.Accounting policies (continued)

 
2.3

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 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.


 
2.4

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.

Page 4

 
TATLOCK & THOMSON LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 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, using the straight-line method.

Depreciation is provided on the following basis:

Leasehold improvements
-
20%
straight-line
Lab equipment
-
20%
straight-line
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
20%
straight-line
Office equipment
-
20%
straight-line
Wood processing
-
20%
straight-line
Distillery equipment
-
20%
straight-line & 25% 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

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of comprehensive income.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

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.

Page 5

 
TATLOCK & THOMSON LIMITED
 

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

2.Accounting policies (continued)

 
2.9

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 17 (2023 - 17).


4.


Intangible assets




Goodwill

£



Cost


At 1 October 2023
285,000



At 30 September 2024

285,000



Amortisation


At 1 October 2023
285,000



At 30 September 2024

285,000



Net book value



At 30 September 2024
-



At 30 September 2023
-



Page 6
 


 
TATLOCK & THOMSON LIMITED


 

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


5.


Tangible fixed assets






Leasehold property improve-ments
Lab equipment
Motor vehicles
Fixtures and fittings
Office equipment
Wood processing
Distillery equipment
Total

£
£
£
£
£
£
£
£



Cost or valuation


At 1 October 2023
265,088
632,929
297,739
28,858
5,818
18,690
797,297
2,046,419


Additions
91,016
4,785
49,810
-
-
-
412,621
558,232


Disposals
-
-
(29,520)
-
-
-
-
(29,520)



At 30 September 2024

356,104
637,714
318,029
28,858
5,818
18,690
1,209,918
2,575,131



Depreciation


At 1 October 2023
69,219
550,383
41,942
28,804
5,818
18,690
222,134
936,990


Charge for the year on owned assets
7,167
34,516
64,119
26
-
-
233,470
339,298


Disposals
-
-
(20,179)
-
-
-
-
(20,179)



At 30 September 2024

76,386
584,899
85,882
28,830
5,818
18,690
455,604
1,256,109



Net book value



At 30 September 2024
279,718
52,815
232,147
28
-
-
754,314
1,319,022



At 30 September 2023
195,869
82,546
255,797
54
-
-
575,163
1,109,429

Page 7
 
TATLOCK & THOMSON LIMITED
 

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

6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2023
767,901



At 30 September 2024
767,901





7.


Debtors

2024
2023
£
£


Trade debtors
428,310
416,666

Other debtors
-
24,000

Prepayments and accrued income
-
18,000

428,310
458,666



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
108,359
26,165

Other taxation and social security
114,693
225,197

Other creditors
3,306
1,550

Accruals and deferred income
20,620
7,072

246,978
259,984


Page 8

 
TATLOCK & THOMSON LIMITED
 

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

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
-
100
25 (2023 - nil) Ordinary A Shares shares of £1.00 each
25
-
25 (2023 - nil) Ordinary B Shares shares of £1.00 each
25
-
25 (2023 - nil) Ordinary C Shares shares of £1.00 each
25
-
25 (2023 - nil) Ordinary D Shares shares of £1.00 each
25
-

100

100

On 1 August 2024, a special resolution was passed to re-classify 100 Ordinary shares of £1.00 each to 25 Ordinary A shares, 25 Ordinary B shares, 25 Ordinary C shares and 25 Ordinary D shares all of £1.00 each.
On 6 February 2025, a further special resolution was passed to re-classify 5 Ordinary A shares and 5 Ordinary B shares of £1 each to 5 Ordinary C shares and 5 Ordinary D shares of £1 each respectively.



Page 9