Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31182024-01-01falseNo description of principal activity18falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC150409 2024-01-01 2024-12-31 SC150409 2023-01-01 2023-12-31 SC150409 2024-12-31 SC150409 2023-12-31 SC150409 c:CompanySecretary1 2024-01-01 2024-12-31 SC150409 c:Director1 2024-01-01 2024-12-31 SC150409 c:Director1 2024-12-31 SC150409 c:Director2 2024-01-01 2024-12-31 SC150409 c:Director3 2024-01-01 2024-12-31 SC150409 c:RegisteredOffice 2024-01-01 2024-12-31 SC150409 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 SC150409 d:Buildings d:LongLeaseholdAssets 2024-12-31 SC150409 d:Buildings d:LongLeaseholdAssets 2023-12-31 SC150409 d:PlantMachinery 2024-01-01 2024-12-31 SC150409 d:PlantMachinery 2024-12-31 SC150409 d:PlantMachinery 2023-12-31 SC150409 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC150409 d:MotorVehicles 2024-01-01 2024-12-31 SC150409 d:MotorVehicles 2024-12-31 SC150409 d:MotorVehicles 2023-12-31 SC150409 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC150409 d:FurnitureFittings 2024-01-01 2024-12-31 SC150409 d:FurnitureFittings 2024-12-31 SC150409 d:FurnitureFittings 2023-12-31 SC150409 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC150409 d:OfficeEquipment 2024-01-01 2024-12-31 SC150409 d:OfficeEquipment 2024-12-31 SC150409 d:OfficeEquipment 2023-12-31 SC150409 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC150409 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC150409 d:CurrentFinancialInstruments 2024-12-31 SC150409 d:CurrentFinancialInstruments 2023-12-31 SC150409 d:Non-currentFinancialInstruments 2024-12-31 SC150409 d:Non-currentFinancialInstruments 2023-12-31 SC150409 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 SC150409 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC150409 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 SC150409 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 SC150409 d:ShareCapital 2024-12-31 SC150409 d:ShareCapital 2023-12-31 SC150409 d:CapitalRedemptionReserve 2024-12-31 SC150409 d:CapitalRedemptionReserve 2023-12-31 SC150409 d:RetainedEarningsAccumulatedLosses 2024-12-31 SC150409 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC150409 c:OrdinaryShareClass1 2024-01-01 2024-12-31 SC150409 c:OrdinaryShareClass1 2024-12-31 SC150409 c:OrdinaryShareClass1 2023-12-31 SC150409 c:FRS102 2024-01-01 2024-12-31 SC150409 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC150409 c:FullAccounts 2024-01-01 2024-12-31 SC150409 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC150409 d:WithinOneYear 2024-12-31 SC150409 d:WithinOneYear 2023-12-31 SC150409 d:BetweenOneFiveYears 2024-12-31 SC150409 d:BetweenOneFiveYears 2023-12-31 SC150409 6 2024-01-01 2024-12-31 SC150409 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC150409










CALEDONIA PLAY LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
CALEDONIA PLAY LTD
 

COMPANY INFORMATION


Directors
Ms S Bruce Jones (resigned 31 December 2024)
Mr J I Bruce Jones 
Mrs K Craig 




Company secretary
Mrs K Craig



Registered number
SC150409



Registered office
Old Mill
South Street

Milnathort

Kinross

KY13 9XB




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
CALEDONIA PLAY LTD
REGISTERED NUMBER: SC150409

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
205,093
239,466

  
205,093
239,466

Current assets
  

Stocks
  
270,280
285,382

Debtors: amounts falling due within one year
 5 
68,553
203,704

Current asset investments
 6 
186,323
175,694

Cash at bank and in hand
  
810,884
475,384

  
1,336,040
1,140,164

Creditors: amounts falling due within one year
 7 
(300,321)
(305,638)

Net current assets
  
 
 
1,035,719
 
 
834,526

Total assets less current liabilities
  
1,240,812
1,073,992

Creditors: amounts falling due after more than one year
 8 
(4,167)
(14,167)

Provisions for liabilities
  

Deferred tax
  
(19,614)
(31,051)

  
 
 
(19,614)
 
 
(31,051)

Net assets
  
1,217,031
1,028,774


Capital and reserves
  

Called up share capital 
 9 
70
70

Capital redemption reserve
  
30
30

Profit and loss account
  
1,216,931
1,028,674

  
1,217,031
1,028,774


Page 1

 
CALEDONIA PLAY LTD
REGISTERED NUMBER: SC150409

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 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 by: 




Mr J I Bruce Jones
Director

Date: 28 April 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
CALEDONIA PLAY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Caledonia Play Ltd is a private company, limited by shares, incorporated in Scotland with registration number SC150409. The registered office is Old Mill, South Street, Milnathort, Kinross, Scotland, KY13 9XB.
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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Page 3

 
CALEDONIA PLAY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
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 4

 
CALEDONIA PLAY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

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.


 
2.6

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:

Leasehold improvements
-
20%
straight line
Plant and machinery
-
25%
straight line
Motor vehicles
-
20%
straight line
Fixtures and fittings
-
20%
straight line
Office equipment
-
20%
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.

Page 5

 
CALEDONIA PLAY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
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 weighted average 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.

 
2.9

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 18 (2023 - 18).

Page 6

 
CALEDONIA PLAY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Leasehold imp'ments
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment

£
£
£
£
£



Cost or valuation


At 1 January 2024
60,372
178,660
285,304
21,886
28,417


Additions
-
30,825
36,995
-
1,657


Disposals
-
(18,303)
(84,228)
-
(1,034)



At 31 December 2024

60,372
191,182
238,071
21,886
29,040



Depreciation


At 1 January 2024
35,086
136,350
121,211
17,935
24,591


Charge for the year on owned assets
12,074
21,623
44,553
875
1,514


Disposals
-
(7,571)
(71,749)
-
(1,034)



At 31 December 2024

47,160
150,402
94,015
18,810
25,071



Net book value



At 31 December 2024
13,212
40,780
144,056
3,076
3,969



At 31 December 2023
25,286
42,310
164,093
3,951
3,826
Page 7

 
CALEDONIA PLAY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

           4.Tangible fixed assets (continued)


Total

£



Cost or valuation


At 1 January 2024
574,639


Additions
69,477


Disposals
(103,565)



At 31 December 2024

540,551



Depreciation


At 1 January 2024
335,173


Charge for the year on owned assets
80,639


Disposals
(80,354)



At 31 December 2024

335,458



Net book value



At 31 December 2024
205,093



At 31 December 2023
239,466

Page 8

 
CALEDONIA PLAY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
39,966
128,700

Other debtors
-
47,928

Prepayments and accrued income
28,587
27,076

68,553
203,704



6.


Current asset investments

2024
2023
£
£

Listed investments
186,323
175,694



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
24,743
55,010

Other taxation and social security
153,397
139,657

Other creditors
71,563
39,842

Accruals and deferred income
40,618
61,129

300,321
305,638



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
4,167
14,167



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



70 (2023 - 70) Ordinary shares of £1.00 each
70
70


Page 9

 
CALEDONIA PLAY LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

10.


Commitments under operating leases

At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
18,900
-

Later than 1 year and not later than 5 years
63,000
-

81,900
-


Page 10