Caseware UK (AP4) 2024.0.164 2024.0.164 2024-02-282025-05-162024-02-282025-05-15falsetruefalse2023-03-011No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC689716 2023-03-01 2024-02-28 SC689716 2022-03-01 2023-02-28 SC689716 2024-02-28 SC689716 2023-02-28 SC689716 c:Director1 2023-03-01 2024-02-28 SC689716 c:Director1 2024-02-28 SC689716 c:RegisteredOffice 2023-03-01 2024-02-28 SC689716 d:MotorVehicles 2023-03-01 2024-02-28 SC689716 d:MotorVehicles 2024-02-28 SC689716 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-28 SC689716 d:CurrentFinancialInstruments 2024-02-28 SC689716 d:CurrentFinancialInstruments 2023-02-28 SC689716 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-28 SC689716 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 SC689716 d:ShareCapital 2024-02-28 SC689716 d:ShareCapital 2023-02-28 SC689716 d:RetainedEarningsAccumulatedLosses 2024-02-28 SC689716 d:RetainedEarningsAccumulatedLosses 2023-02-28 SC689716 c:FRS102 2023-03-01 2024-02-28 SC689716 c:AuditExemptWithAccountantsReport 2023-03-01 2024-02-28 SC689716 c:FullAccounts 2023-03-01 2024-02-28 SC689716 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 SC689716 e:PoundSterling 2023-03-01 2024-02-28 iso4217:GBP xbrli:pure
Registered number: SC689716










BRAND AGRI LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

 
BRAND AGRI LIMITED
 

COMPANY INFORMATION


Director
Gordon James Brand (appointed 1 October 2023)




Registered number
SC689716



Registered office
10 Abbey Park Place

Dunfermline

KY12 7NZ




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
BRAND AGRI LIMITED
 
  
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BRAND AGRI LIMITED
FOR THE YEAR ENDED 28 FEBRUARY 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BRAND AGRI LIMITED for the year ended 28 February 2024 which comprise  the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants of Scotlandwe are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas -framework-preparation -of-accounts.

This report is made solely to the director of BRAND AGRI LIMITED in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of BRAND AGRI LIMITED and state those matters that we have agreed to state to the director of BRAND AGRI LIMITED in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://icas.com/icas -framework-preparation -of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BRAND AGRI LIMITED and its director for our work or for this report. 

It is your duty to ensure that BRAND AGRI LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BRAND AGRI LIMITED. You consider that BRAND AGRI LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of BRAND AGRI LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



EQ Accountants Limited
 
Chartered Accountants
  
14 City Quay
Dundee
DD1 3JA
16 May 2025
Page 1

 
BRAND AGRI LIMITED
REGISTERED NUMBER: SC689716

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
  
6,333
-

  
6,333
-

Current assets
  

Debtors: amounts falling due within one year
  
50,477
100

Cash at bank and in hand
 6 
88
-

  
50,565
100

Creditors: amounts falling due within one year
  
(8,869)
-

Net current assets
  
 
 
41,696
 
 
100

Total assets less current liabilities
  
48,029
100

  

Net assets
  
48,029
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
47,929
-

  
48,029
100


The director considers 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 profit and loss account 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 15 May 2025.




Gordon James Brand
Director

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

Page 2

 
BRAND AGRI LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

1.


General information

Brand Agri Limited is a private company, limited by shares, incorporated in Scotland with
registration number SC689716. The registered office is 10 Abbey Park Place, Dunfermline, Scotland, KY12 7NZ.
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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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:

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.

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

 
BRAND AGRI LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 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, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
10%
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

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

Page 4

 
BRAND AGRI LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

4.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


Additions
6,999



At 28 February 2024

6,999



Depreciation


Charge for the year on financed assets
666



At 28 February 2024

666



Net book value



At 28 February 2024
6,333


5.


Debtors

2024
2023
£
£


Trade debtors
34,794
-

Other debtors
15,683
100

50,477
100



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
88
-

88
-


Page 5

 
BRAND AGRI LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
6,271
-

Other creditors
798
-

Accruals and deferred income
1,800
-

8,869
-


Page 6