Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-282025-02-28false2024-03-01No description of principal activity34truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC676219 2024-03-01 2025-02-28 SC676219 2023-03-01 2024-02-29 SC676219 2025-02-28 SC676219 2024-02-29 SC676219 c:Director1 2024-03-01 2025-02-28 SC676219 c:Director2 2024-03-01 2025-02-28 SC676219 c:RegisteredOffice 2024-03-01 2025-02-28 SC676219 d:PlantMachinery 2024-03-01 2025-02-28 SC676219 d:PlantMachinery 2025-02-28 SC676219 d:PlantMachinery 2024-02-29 SC676219 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 SC676219 d:MotorVehicles 2024-03-01 2025-02-28 SC676219 d:MotorVehicles 2025-02-28 SC676219 d:MotorVehicles 2024-02-29 SC676219 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 SC676219 d:ComputerEquipment 2024-03-01 2025-02-28 SC676219 d:ComputerEquipment 2025-02-28 SC676219 d:ComputerEquipment 2024-02-29 SC676219 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 SC676219 d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 SC676219 d:CurrentFinancialInstruments 2025-02-28 SC676219 d:CurrentFinancialInstruments 2024-02-29 SC676219 d:Non-currentFinancialInstruments 2025-02-28 SC676219 d:Non-currentFinancialInstruments 2024-02-29 SC676219 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 SC676219 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 SC676219 d:Non-currentFinancialInstruments d:AfterOneYear 2025-02-28 SC676219 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 SC676219 d:ShareCapital 2025-02-28 SC676219 d:ShareCapital 2024-02-29 SC676219 d:RetainedEarningsAccumulatedLosses 2025-02-28 SC676219 d:RetainedEarningsAccumulatedLosses 2024-02-29 SC676219 c:OrdinaryShareClass1 2024-03-01 2025-02-28 SC676219 c:OrdinaryShareClass1 2025-02-28 SC676219 c:OrdinaryShareClass1 2024-02-29 SC676219 c:FRS102 2024-03-01 2025-02-28 SC676219 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 SC676219 c:FullAccounts 2024-03-01 2025-02-28 SC676219 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 SC676219 e:PoundSterling 2024-03-01 2025-02-28 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC676219










FALSIDE MILL EVENTS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

 
FALSIDE MILL EVENTS LIMITED
 

COMPANY INFORMATION


Directors
Mrs A C Burns 
Mr D J Burns 




Registered number
SC676219



Registered office
Falside Mill
Boarhills

St Andrews

Fife

KY16 8PT




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
FALSIDE MILL EVENTS LIMITED
REGISTERED NUMBER: SC676219

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
£
£

FIXED ASSETS
  

Tangible assets
 4 
64,284
22,770

  
64,284
22,770

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
339,240
291,300

Bank and cash balances
  
74,681
50,417

  
413,921
341,717

Creditors: amounts falling due within one year
 6 
(318,967)
(245,644)

NET CURRENT ASSETS
  
 
 
94,954
 
 
96,073

TOTAL ASSETS LESS CURRENT LIABILITIES
  
159,238
118,843

Creditors: amounts falling due after more than one year
 7 
(3,561)
-

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(15,182)
(5,693)

  
 
 
(15,182)
 
 
(5,693)

NET ASSETS
  
140,495
113,150


CAPITAL AND RESERVES
  

Called up share capital 
 8 
100
100

Profit and loss account
  
140,395
113,050

  
140,495
113,150


Page 1

 
FALSIDE MILL EVENTS LIMITED
REGISTERED NUMBER: SC676219

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 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 16 June 2025.




Mr D J Burns
Director

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

Page 2

 
FALSIDE MILL EVENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.


GENERAL INFORMATION

Falside Mill Events Limited is a private company, limited by shares, incorporated in Scotland with registration number SC676219. The registered office is Falside Mill, Boarhills, St Andrews, Fife, KY16 BPT. 
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.

 
2.3

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
FALSIDE MILL EVENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.ACCOUNTING POLICIES (CONTINUED)

 
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

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:

Plant and machinery
-
12.5% reducing balance
Motor vehicles
-
25% reducing balance
Computer equipment
-
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.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 3 (2024 - 4).

Page 4

 
FALSIDE MILL EVENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

4.


TANGIBLE FIXED ASSETS







Plant and machinery
Motor vehicles
Computer equipment
Total

£
£
£
£



COST OR VALUATION


At 1 March 2024
29,759
-
1,408
31,167


Additions
4,167
54,385
-
58,552



At 28 February 2025

33,926
54,385
1,408
89,719



DEPRECIATION


At 1 March 2024
7,583
-
814
8,397


Charge for the year on owned assets
3,293
13,596
149
17,038



At 28 February 2025

10,876
13,596
963
25,435



NET BOOK VALUE



At 28 February 2025
23,050
40,789
445
64,284



At 29 February 2024
22,176
-
594
22,770

Page 5

 
FALSIDE MILL EVENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

5.


DEBTORS

28 February
29 February
2025
2024
£
£


Trade debtors
43,581
25,731

Other debtors
294,936
262,600

Prepayments and accrued income
723
2,969

339,240
291,300



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28 February
29 February
2025
2024
£
£

Trade creditors
104
9

Obligations under finance lease and hire purchase contracts
13,600
-

Other creditors (incl directors loans)
113,423
83,997

Accruals and deferred income
191,840
161,638

318,967
245,644



7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28 February
29 February
2025
2024
£
£

Net obligations under finance leases and hire purchase contracts
3,561
-

3,561
-



8.


SHARE CAPITAL

28 February
29 February
2025
2024
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2024 - 100) Ordinary shares of £1.00 each
100
100



Page 6