Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-282025-02-28false24No description of principal activity232024-03-01truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC372775 2024-03-01 2025-02-28 SC372775 2023-03-01 2024-02-29 SC372775 2025-02-28 SC372775 2024-02-29 SC372775 c:Director1 2024-03-01 2025-02-28 SC372775 c:Director2 2024-03-01 2025-02-28 SC372775 c:RegisteredOffice 2024-03-01 2025-02-28 SC372775 d:Buildings 2024-03-01 2025-02-28 SC372775 d:Buildings 2025-02-28 SC372775 d:Buildings 2024-02-29 SC372775 d:Buildings d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 SC372775 d:PlantMachinery 2024-03-01 2025-02-28 SC372775 d:PlantMachinery 2025-02-28 SC372775 d:PlantMachinery 2024-02-29 SC372775 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 SC372775 d:MotorVehicles 2024-03-01 2025-02-28 SC372775 d:MotorVehicles 2025-02-28 SC372775 d:MotorVehicles 2024-02-29 SC372775 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 SC372775 d:FurnitureFittings 2024-03-01 2025-02-28 SC372775 d:FurnitureFittings 2025-02-28 SC372775 d:FurnitureFittings 2024-02-29 SC372775 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 SC372775 d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 SC372775 d:Goodwill 2024-03-01 2025-02-28 SC372775 d:Goodwill 2025-02-28 SC372775 d:Goodwill 2024-02-29 SC372775 d:CurrentFinancialInstruments 2025-02-28 SC372775 d:CurrentFinancialInstruments 2024-02-29 SC372775 d:Non-currentFinancialInstruments 2025-02-28 SC372775 d:Non-currentFinancialInstruments 2024-02-29 SC372775 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 SC372775 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 SC372775 d:Non-currentFinancialInstruments d:AfterOneYear 2025-02-28 SC372775 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 SC372775 d:ShareCapital 2025-02-28 SC372775 d:ShareCapital 2024-02-29 SC372775 d:RetainedEarningsAccumulatedLosses 2025-02-28 SC372775 d:RetainedEarningsAccumulatedLosses 2024-02-29 SC372775 c:OrdinaryShareClass1 2024-03-01 2025-02-28 SC372775 c:OrdinaryShareClass1 2025-02-28 SC372775 c:OrdinaryShareClass1 2024-02-29 SC372775 c:FRS102 2024-03-01 2025-02-28 SC372775 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 SC372775 c:FullAccounts 2024-03-01 2025-02-28 SC372775 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 SC372775 d:Goodwill d:OwnedIntangibleAssets 2024-03-01 2025-02-28 SC372775 e:PoundSterling 2024-03-01 2025-02-28 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC372775










A & D BAR SERVICES LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

 
A & D BAR SERVICES LTD
 

COMPANY INFORMATION


DIRECTORS
Mrs A C Burns 
D J Burns 




REGISTERED NUMBER
SC372775



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





 
A & D BAR SERVICES LTD
REGISTERED NUMBER: SC372775

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
£
£

FIXED ASSETS
  

Intangible assets
 4 
302,400
340,200

Tangible assets
 5 
2,590,958
2,542,658

  
2,893,358
2,882,858

CURRENT ASSETS
  

Stocks
  
4,500
4,500

Debtors: amounts falling due within one year
 6 
53,590
370,119

Cash at bank and in hand
  
166,329
74,097

  
224,419
448,716

Creditors: amounts falling due within one year
 7 
(644,024)
(1,133,656)

NET CURRENT LIABILITIES
  
 
 
(419,605)
 
 
(684,940)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
2,473,753
2,197,918

Creditors: amounts falling due after more than one year
 8 
(1,143,122)
(1,178,805)

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(127,472)
(99,144)

  
 
 
(127,472)
 
 
(99,144)

NET ASSETS
  
1,203,159
919,969


CAPITAL AND RESERVES
  

Called up share capital 
 9 
2
2

Profit and loss account
  
1,203,157
919,967

  
1,203,159
919,969


Page 1

 
A & D BAR SERVICES LTD
REGISTERED NUMBER: SC372775

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.




Mrs A C Burns
D J Burns
Director
Director

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

Page 2

 
A & D BAR SERVICES LTD
 

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

1.


GENERAL INFORMATION

A & D Bar Services Limited is a private company, limited by shares, incorporated in Scotland with registration number SC372775. The registered office is Falside Mill, Boarhills, St.Andrews, Fife, KY16 8PT.
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:

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

 
A & D BAR SERVICES LTD
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

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.


 
2.4

INTANGIBLE ASSETS

GOODWILL

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.

OTHER 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.

Page 4

 
A & D BAR SERVICES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 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, as follows.

Depreciation is provided on the following basis:

Property improvements
-
10.0%
reducing balance
Plant and machinery
-
12.5%
reducing balance
Motor vehicles
-
25.0%
reducing balance
Fixtures and fittings
-
20.0%
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.

 
2.6

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.

 
2.7

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 23 (2024 - 24).

Page 5

 
A & D BAR SERVICES LTD
 

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

4.


INTANGIBLE ASSETS






Goodwill

£



COST


At 1 March 2024
378,000



At 28 February 2025

378,000



AMORTISATION


At 1 March 2024
37,800


Charge for the year on owned assets
37,800



At 28 February 2025

75,600



NET BOOK VALUE



At 28 February 2025
302,400



At 29 February 2024
340,200



Page 6

 
A & D BAR SERVICES LTD
 

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

5.


TANGIBLE FIXED ASSETS







Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



COST OR VALUATION


At 1 March 2024
2,419,656
161,056
143,932
-
2,724,644


Additions
-
32,752
114,598
22,818
170,168


Disposals
-
(865)
(83,124)
-
(83,989)



At 28 February 2025

2,419,656
192,943
175,406
22,818
2,810,823



DEPRECIATION


At 1 March 2024
48,131
50,356
83,499
-
181,986


Charge for the year on owned assets
20,167
17,881
32,073
4,564
74,685


Disposals
-
(421)
(36,385)
-
(36,806)



At 28 February 2025

68,298
67,816
79,187
4,564
219,865



NET BOOK VALUE



At 28 February 2025
2,351,358
125,127
96,219
18,254
2,590,958



At 29 February 2024
2,371,525
110,700
60,433
-
2,542,658

Page 7

 
A & D BAR SERVICES LTD
 

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

6.


DEBTORS

28 February
29 February
2025
2024
£
£


Trade debtors
14,689
13,555

Other debtors
38,901
356,564

53,590
370,119



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28 February
29 February
2025
2024
£
£

Bank loans
149,883
623,364

Trade creditors
63,222
38,841

Other loans
294,516
262,600

Obligations under finance lease and hire purchase contracts
25,542
3,828

Other creditors (incl directors loans)
110,861
205,023

644,024
1,133,656



8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28 February
29 February
2025
2024
£
£

Bank loans
1,101,313
1,170,154

Net obligations under finance leases and hire purchase contracts
41,809
8,651

1,143,122
1,178,805



9.


SHARE CAPITAL

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



2 (2024 - 2) Ordinary shares of £1.00 each
2
2



Page 8