Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-312025-05-05falsetrue372024-02-01falseNo description of principal activity35The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC225388 2024-02-01 2025-01-31 SC225388 2023-02-01 2024-01-31 SC225388 2025-01-31 SC225388 2024-01-31 SC225388 c:CompanySecretary1 2024-02-01 2025-01-31 SC225388 c:Director1 2024-02-01 2025-01-31 SC225388 c:Director3 2024-02-01 2025-01-31 SC225388 c:RegisteredOffice 2024-02-01 2025-01-31 SC225388 d:Buildings 2024-02-01 2025-01-31 SC225388 d:Buildings 2025-01-31 SC225388 d:Buildings 2024-01-31 SC225388 d:Buildings d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC225388 d:PlantMachinery 2024-02-01 2025-01-31 SC225388 d:PlantMachinery 2025-01-31 SC225388 d:PlantMachinery 2024-01-31 SC225388 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC225388 d:MotorVehicles 2024-02-01 2025-01-31 SC225388 d:MotorVehicles 2025-01-31 SC225388 d:MotorVehicles 2024-01-31 SC225388 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC225388 d:FurnitureFittings 2024-02-01 2025-01-31 SC225388 d:FurnitureFittings 2025-01-31 SC225388 d:FurnitureFittings 2024-01-31 SC225388 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC225388 d:ComputerEquipment 2024-02-01 2025-01-31 SC225388 d:ComputerEquipment 2025-01-31 SC225388 d:ComputerEquipment 2024-01-31 SC225388 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC225388 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC225388 d:Goodwill 2025-01-31 SC225388 d:Goodwill 2024-01-31 SC225388 d:CurrentFinancialInstruments 2025-01-31 SC225388 d:CurrentFinancialInstruments 2024-01-31 SC225388 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 SC225388 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 SC225388 d:ShareCapital 2025-01-31 SC225388 d:ShareCapital 2024-01-31 SC225388 d:RetainedEarningsAccumulatedLosses 2025-01-31 SC225388 d:RetainedEarningsAccumulatedLosses 2024-01-31 SC225388 c:OrdinaryShareClass1 2024-02-01 2025-01-31 SC225388 c:OrdinaryShareClass1 2025-01-31 SC225388 c:OrdinaryShareClass1 2024-01-31 SC225388 c:FRS102 2024-02-01 2025-01-31 SC225388 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC225388 c:FullAccounts 2024-02-01 2025-01-31 SC225388 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC225388 e:PoundSterling 2024-02-01 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC225388










KIRKTOWN GARDEN CENTRE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

 
KIRKTOWN GARDEN CENTRE LIMITED
 

COMPANY INFORMATION


Directors
David Graham Gammie 
James William Gammie 




Company secretary
James William Gammie



Registered number
SC225388



Registered office
Kirktown Garden Centre
Fetteresso

Stonehaven

Aberdeenshire

AB39 2UP




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
KIRKTOWN GARDEN CENTRE LIMITED
REGISTERED NUMBER: SC225388

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

FIXED ASSETS
  

Tangible assets
 5 
909,843
920,775

Investments
 6 
50
50

  
909,893
920,825

CURRENT ASSETS
  

Stocks
  
254,395
290,727

Debtors: amounts falling due within one year
 7 
92,663
84,508

Bank and cash balances
  
381,640
392,065

  
728,698
767,300

Creditors: amounts falling due within one year
 8 
(853,346)
(997,427)

NET CURRENT LIABILITIES
  
 
 
(124,648)
 
 
(230,127)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
785,245
690,698

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(22,142)
(18,983)

  
 
 
(22,142)
 
 
(18,983)

NET ASSETS
  
763,103
671,715


CAPITAL AND RESERVES
  

Called up share capital 
  
4
4

Profit and loss account
  
763,099
671,711

  
763,103
671,715


Page 1

 
KIRKTOWN GARDEN CENTRE LIMITED
REGISTERED NUMBER: SC225388

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2025

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 5 May 2025.




David Graham Gammie
James William Gammie
Director
Director

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

Page 2

 
KIRKTOWN GARDEN CENTRE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


GENERAL INFORMATION

Kirktown Garden Centre Limited is a private company, limited by shares, incorporated in Scotland with registration number SC225388. The registered office is Kirktown Garden Centre, Fetteresso, Stonehaven, Aberdeenshire, AB39 2UP.                            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

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Sale of goods

Revenue 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 revenue 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

Revenue 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 revenue 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

 
KIRKTOWN GARDEN CENTRE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

GOVERNMENT GRANTS

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
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.

Page 4

 
KIRKTOWN GARDEN CENTRE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.ACCOUNTING POLICIES (CONTINUED)


2.6
TANGIBLE FIXED ASSETS (CONTINUED)

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:

Leased improvements
-
2%
straight line
Plant and machinery
-
25%
on reducing balance
Motor vehicles
-
20%
on reducing balance
Fixtures and fittings
-
20%
on reducing balance
Computer equipment
-
25%
straight line

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.

 
2.8

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 35 (2024 - 37).

Page 5

 
KIRKTOWN GARDEN CENTRE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

4.


INTANGIBLE ASSETS




Goodwill

£



COST


At 1 February 2024
159,580



At 31 January 2025

159,580



AMORTISATION


At 1 February 2024
159,580



At 31 January 2025

159,580



NET BOOK VALUE



At 31 January 2025
-



At 31 January 2024
-



Page 6
 


 
KIRKTOWN GARDEN CENTRE LIMITED


 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


5.


TANGIBLE FIXED ASSETS






Leased improvements
Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£
£



COST OR VALUATION


At 1 February 2024
1,201,084
147,553
6,600
293,828
44,333
1,693,398


Additions
-
-
14,269
25,726
-
39,995


Disposals
-
-
(6,600)
-
-
(6,600)



At 31 January 2025

1,201,084
147,553
14,269
319,554
44,333
1,726,793



DEPRECIATION


At 1 February 2024
356,241
117,797
3,784
252,628
42,173
772,623


Charge for the year on owned assets
23,566
7,432
2,854
13,386
873
48,111


Disposals
-
-
(3,784)
-
-
(3,784)



At 31 January 2025

379,807
125,229
2,854
266,014
43,046
816,950



NET BOOK VALUE



At 31 January 2025
821,277
22,324
11,415
53,540
1,287
909,843



At 31 January 2024
844,843
29,756
2,816
41,200
2,160
920,775

Page 7
 
KIRKTOWN GARDEN CENTRE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

6.


FIXED ASSET INVESTMENTS





Unlisted investments

£



COST OR VALUATION


At 1 February 2024
50



At 31 January 2025
50





7.


DEBTORS

2025
2024
£
£


Trade debtors
68,518
64,913

Other debtors
24,145
19,595

92,663
84,508



8.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025
2024
£
£

Trade creditors
115,693
116,558

Amounts owed to group undertakings
615,142
765,142

Other taxation and social security
62,332
50,897

Other creditors
60,179
64,830

853,346
997,427



9.


SHARE CAPITAL

2025
2024
£
£
ALLOTTED, CALLED UP AND FULLY PAID



4 (2024 - 4) Ordinary share capital shares of £1.00 each
4
4



10.


CONTROLLING PARTY

Kirktown Garden Centre Limited is a 100% subsidary of Dunbar Holdings Limited, a company registered in Scotland. The registered office of the parent company is Kirktown Garden Centre, Fetteresso, Stonehaven, Aberdeenshire, AB39 2UP.

Page 8