Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-312025-05-072024-02-01falseNo description of principal activity4851falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC484780 2024-02-01 2025-01-31 SC484780 2023-02-01 2024-01-31 SC484780 2025-01-31 SC484780 2024-01-31 SC484780 c:Director1 2024-02-01 2025-01-31 SC484780 c:Director2 2024-02-01 2025-01-31 SC484780 c:Director3 2024-02-01 2025-01-31 SC484780 c:Director4 2024-02-01 2025-01-31 SC484780 c:Director5 2024-02-01 2025-01-31 SC484780 c:RegisteredOffice 2024-02-01 2025-01-31 SC484780 d:Buildings 2024-02-01 2025-01-31 SC484780 d:Buildings 2025-01-31 SC484780 d:Buildings 2024-01-31 SC484780 d:Buildings d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC484780 d:PlantMachinery 2024-02-01 2025-01-31 SC484780 d:PlantMachinery 2025-01-31 SC484780 d:PlantMachinery 2024-01-31 SC484780 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC484780 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 SC484780 d:CurrentFinancialInstruments 2025-01-31 SC484780 d:CurrentFinancialInstruments 2024-01-31 SC484780 d:Non-currentFinancialInstruments 2025-01-31 SC484780 d:Non-currentFinancialInstruments 2024-01-31 SC484780 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 SC484780 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 SC484780 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 SC484780 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 SC484780 d:ShareCapital 2025-01-31 SC484780 d:ShareCapital 2024-01-31 SC484780 d:RetainedEarningsAccumulatedLosses 2025-01-31 SC484780 d:RetainedEarningsAccumulatedLosses 2024-01-31 SC484780 c:OrdinaryShareClass1 2024-02-01 2025-01-31 SC484780 c:OrdinaryShareClass1 2025-01-31 SC484780 c:OrdinaryShareClass1 2024-01-31 SC484780 c:OrdinaryShareClass2 2024-02-01 2025-01-31 SC484780 c:OrdinaryShareClass2 2025-01-31 SC484780 c:OrdinaryShareClass2 2024-01-31 SC484780 c:OrdinaryShareClass3 2024-02-01 2025-01-31 SC484780 c:OrdinaryShareClass3 2025-01-31 SC484780 c:OrdinaryShareClass3 2024-01-31 SC484780 c:OrdinaryShareClass4 2024-02-01 2025-01-31 SC484780 c:OrdinaryShareClass4 2025-01-31 SC484780 c:OrdinaryShareClass4 2024-01-31 SC484780 c:OrdinaryShareClass5 2024-02-01 2025-01-31 SC484780 c:OrdinaryShareClass5 2025-01-31 SC484780 c:OrdinaryShareClass5 2024-01-31 SC484780 c:FRS102 2024-02-01 2025-01-31 SC484780 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 SC484780 c:FullAccounts 2024-02-01 2025-01-31 SC484780 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 SC484780 d:WithinOneYear 2025-01-31 SC484780 d:WithinOneYear 2024-01-31 SC484780 d:BetweenOneFiveYears 2025-01-31 SC484780 d:BetweenOneFiveYears 2024-01-31 SC484780 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC484780










AVTEK (SCOTLAND) LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

 
AVTEK (SCOTLAND) LTD
 

COMPANY INFORMATION


Directors
Mr I M Campbell 
Mr R M Campbell 
Mr M Lawrie 
Mr R Shevas 
Mr R J Shields 




Registered number
SC484780



Registered office
25 Dickson Street
Elgin Industrial Estate

Dunfermline

KY12 7SL




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
AVTEK (SCOTLAND) LTD
REGISTERED NUMBER: SC484780

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2025

2025
2024
£
£

Fixed assets
  

Tangible assets
 4 
735,988
682,822

  
735,988
682,822

Current assets
  

Debtors: amounts falling due within one year
 5 
1,763,249
2,997,558

Bank and cash balances
  
2,583,221
459,815

  
4,346,470
3,457,373

Creditors: amounts falling due within one year
 6 
(3,541,772)
(2,569,818)

Net current assets
  
 
 
804,698
 
 
887,555

Total assets less current liabilities
  
1,540,686
1,570,377

Creditors: amounts falling due after more than one year
 7 
(247,302)
(342,341)

Provisions for liabilities
  

Deferred tax
  
(35,643)
(21,420)

Other provisions
  
-
(3,663)

  
 
 
(35,643)
 
 
(25,083)

Net assets
  
1,257,741
1,202,953


Capital and reserves
  

Called up share capital 
 8 
40,000
40,000

Profit and loss account
  
1,217,741
1,162,953

  
1,257,741
1,202,953


Page 1

 
AVTEK (SCOTLAND) LTD
REGISTERED NUMBER: SC484780

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 7 May 2025.




Mr M Lawrie
Mr R J Shields
Director
Director

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

Page 2

 
AVTEK (SCOTLAND) LTD
 

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

1.


General information

Avtek (Scotland) Ltd is a private company, limited by shares, incorporated in Scotland with registration number SC484780. The registered office is 25 Dickson Street, Elgin Industrial Estate, Dunfermline, KY12 7SL.
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

Revenue

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

 
AVTEK (SCOTLAND) LTD
 

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

2.Accounting policies (continued)

 
2.3

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.

 
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 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 4

 
AVTEK (SCOTLAND) LTD
 

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

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, on the following basis.

Depreciation is provided on the following basis:

Heritable property
-
Not depreciated
Plant and machinery etc
-
20-33% 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.

 
2.6

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.

 
2.7

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 48 (2024 - 51).

Page 5

 
AVTEK (SCOTLAND) LTD
 

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

4.


Tangible fixed assets





Heritable property
Plant and machinery etc
Total

£
£
£



Cost or valuation


At 1 February 2024
551,355
774,434
1,325,789


Additions
-
106,759
106,759



At 31 January 2025

551,355
881,193
1,432,548



Depreciation


At 1 February 2024
-
642,967
642,967


Charge for the year on owned assets
-
53,593
53,593



At 31 January 2025

-
696,560
696,560



Net book value



At 31 January 2025
551,355
184,633
735,988



At 31 January 2024
551,355
131,467
682,822


5.


Debtors

2025
2024
£
£


Trade debtors
3,000
-

Other debtors
1,425,532
1,090,718

Prepayments and accrued income
25,963
24,140

Amounts recoverable on long-term contracts
308,754
1,882,700

1,763,249
2,997,558


Included within other debtors due within one year is a loan to Mr M Lawrie, a director, amounting to £10,000 (2024 - £0). The loan has been repaid in full following the year end. 



Page 6

 
AVTEK (SCOTLAND) LTD
 

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

6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
82,500
81,066

Payments received on account
826,412
-

Trade creditors
1,849,525
2,033,969

Amounts owed to group undertakings
250,000
-

Other taxation and social security
224,591
196,834

Obligations under finance lease and hire purchase contracts
8,903
18,593

Other creditors
284,349
228,165

Accruals and deferred income
15,492
11,191

3,541,772
2,569,818


Secured Creditors 
Bank loans falling due within one year of £32,500 (2024 -£31,066) are secured by a floating charge over the property.
Hire purchase liabilities falling due within one year are secured over the assets to which they relate.


7.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
228,120
314,257

Net obligations under finance leases and hire purchase contracts
19,182
28,084

247,302
342,341


Secured Creditors 
Bank loans due after more than one year of £215,620 (2024 -£251,757) are secured by a floating charge over the property.
Hire purchase liabilities falling due after more than one year are secured over the assets to which they relate.

Page 7

 
AVTEK (SCOTLAND) LTD
 

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

8.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



1,000 (2024 - 1,000) Ordinary S shares of £1.00 each
1,000
1,000
9,750 (2024 - 9,750) Ordinary D shares of £1.00 each
9,750
9,750
9,750 (2024 - 9,750) Ordinary M shares of £1.00 each
9,750
9,750
9,750 (2024 - 9,750) Ordinary R shares of £1.00 each
9,750
9,750
9,750 (2024 - 9,750) Ordinary I shares of £1.00 each
9,750
9,750

40,000

40,000



9.


Commitments under operating leases

At 31 January 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2025
2024
£
£


Not later than 1 year
40,362
70,886

Later than 1 year and not later than 5 years
20,751
61,112

61,113
131,998


10.


Controlling party

On 16 January 2025, the company became a wholly owned subsidiary of Avtek Group Limited, a company registered in Scotland.


Page 8