Caseware UK (AP4) 2024.0.164 2024.0.164 2024-01-312024-01-31falsefalsetrue2023-02-01falseThe principal activity of the company continued to be that of wealth managers.17 SC049681 2023-02-01 2024-01-31 SC049681 2022-02-01 2023-01-31 SC049681 2024-01-31 SC049681 2023-01-31 SC049681 1 2023-02-01 2024-01-31 SC049681 d:Director1 2023-02-01 2024-01-31 SC049681 c:Buildings 2023-02-01 2024-01-31 SC049681 c:Buildings 2024-01-31 SC049681 c:Buildings 2023-01-31 SC049681 c:Buildings c:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 SC049681 c:PlantMachinery 2023-02-01 2024-01-31 SC049681 c:PlantMachinery 2024-01-31 SC049681 c:PlantMachinery 2023-01-31 SC049681 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 SC049681 c:FurnitureFittings 2023-02-01 2024-01-31 SC049681 c:FurnitureFittings 2024-01-31 SC049681 c:FurnitureFittings 2023-01-31 SC049681 c:FurnitureFittings c:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 SC049681 c:OtherPropertyPlantEquipment 2023-02-01 2024-01-31 SC049681 c:OtherPropertyPlantEquipment 2024-01-31 SC049681 c:OtherPropertyPlantEquipment 2023-01-31 SC049681 c:OtherPropertyPlantEquipment c:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 SC049681 c:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 SC049681 c:Goodwill 2023-02-01 2024-01-31 SC049681 c:Goodwill 2024-01-31 SC049681 c:Goodwill 2023-01-31 SC049681 c:CurrentFinancialInstruments 2024-01-31 SC049681 c:CurrentFinancialInstruments 2023-01-31 SC049681 c:Non-currentFinancialInstruments 2024-01-31 SC049681 c:Non-currentFinancialInstruments 2023-01-31 SC049681 c:CurrentFinancialInstruments c:WithinOneYear 2024-01-31 SC049681 c:CurrentFinancialInstruments c:WithinOneYear 2023-01-31 SC049681 c:Non-currentFinancialInstruments c:AfterOneYear 2024-01-31 SC049681 c:Non-currentFinancialInstruments c:AfterOneYear 2023-01-31 SC049681 c:ShareCapital 2024-01-31 SC049681 c:ShareCapital 2023-01-31 SC049681 c:RetainedEarningsAccumulatedLosses 2024-01-31 SC049681 c:RetainedEarningsAccumulatedLosses 2023-01-31 SC049681 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-02-01 2024-01-31 SC049681 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-01-31 SC049681 c:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-01-31 SC049681 d:FRS102 2023-02-01 2024-01-31 SC049681 d:Audited 2023-02-01 2024-01-31 SC049681 d:FullAccounts 2023-02-01 2024-01-31 SC049681 d:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 SC049681 d:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 SC049681 2 2023-02-01 2024-01-31 SC049681 c:Goodwill c:OwnedIntangibleAssets 2023-02-01 2024-01-31 SC049681 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Company Registration Number SC049681























R.S. ROBERTSON & CO. (PENSIONS) & INVESTMENTS) LTD





FINANCIAL STATEMENTS





 31 JANUARY 2024























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R.S. ROBERTSON & CO. (PENSIONS) & INVESTMENTS) LTD
REGISTERED NUMBER: SC049681

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
Unaudited
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
1,811,110

Tangible assets
 5 
-
169,772

  
-
1,980,882

Current assets
  

Debtors: amounts falling due within one year
 6 
819,372
92,958

Cash at bank and in hand
 7 
13,835
187,584

  
833,207
280,542

Creditors: amounts falling due within one year
 8 
(1,505)
(1,102,420)

Net current assets/(liabilities)
  
 
 
831,702
 
 
(821,878)

Total assets less current liabilities
  
831,702
1,159,004

Creditors: amounts falling due after more than one year
 9 
-
(310,718)

Provisions for liabilities
  

Other provisions
 10 
-
(2,386)

  
 
 
-
 
 
(2,386)

Net assets
  
831,702
845,900


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
821,702
835,900

  
831,702
845,900


Page 1

 
R.S. ROBERTSON & CO. (PENSIONS) & INVESTMENTS) LTD
REGISTERED NUMBER: SC049681

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

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 by: 




................................................
Alastair Lindsay
Director

Date: 11 June 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
R.S. ROBERTSON & CO. (PENSIONS) & INVESTMENTS) LTD
 

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

1.


General information

R.S. Robertson & Co. (Pensions) & Investments) Ltd is a private company limited by shares incorporated in Scotland. The registered office is 2 West Marketgait, Dundee, DD1 1QN.
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

Going concern

On 4 April 2023, the company’s trade and assets have been transferred to Gilson Gray Financial Limited. As a result, the intention of the directors is to wind up the activities of the company. Therefore, the accounts have been prepared on a non-going concern basis. There are no adjustments to the company financial statements as a result of this as the assets are transferred out at their net book value and not impaired.

 
2.3

Revenue

Turnover is recognised at the fair value of the consideration received or receivable and represents amounts receivable for services rendered as fees or commisions, stated net of discounts and Value Added Tax. 

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

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.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
R.S. ROBERTSON & CO. (PENSIONS) & INVESTMENTS) LTD
 

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

2.Accounting policies (continued)

 
2.8

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.

 
2.9

Taxation

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.

  
2.10

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.

 
2.11

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:

Freehold property
-
Not depreciated
Plant and machinery
-
25%
Reducing balance
Fixtures and fittings
-
15%
Reducing balance
Property Improvements
-
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.

Page 4

 
R.S. ROBERTSON & CO. (PENSIONS) & INVESTMENTS) LTD
 

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

2.Accounting policies (continued)

 
2.12

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.13

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.14

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.16

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 1 (2023 - 7).

Page 5

 
R.S. ROBERTSON & CO. (PENSIONS) & INVESTMENTS) LTD
 

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

4.


Intangible assets




Goodwill

£





At 1 February 2023
2,373,481


Disposals
(2,373,481)



At 31 January 2024

-





At 1 February 2023
562,371


Charge for the year on owned assets
56,450


On disposals
(618,821)



At 31 January 2024

-



Net book value



At 31 January 2024
-



At 31 January Unaudited
2023
1,811,110



Page 6

 
R.S. ROBERTSON & CO. (PENSIONS) & INVESTMENTS) LTD
 

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

5.


Tangible fixed assets





Freehold property
Plant and machinery
Fixtures and fittings
Property Improve.
Total

£
£
£
£
£





At 1 February 2023
158,153
29,132
10,820
24,386
222,491


Disposals
(158,153)
(29,132)
(10,820)
(24,386)
(222,491)



At 31 January 2024

-
-
-
-
-





At 1 February 2023
-
22,366
5,967
24,386
52,719


Charge for the year on owned assets
-
305
125
-
430


Disposals
-
(22,671)
(6,092)
(24,386)
(53,149)



At 31 January 2024

-
-
-
-
-



Net book value



At 31 January 2024
-
-
-
-
-



At 31 January Unaudited
2023
158,153
6,766
4,853
-
169,772


6.


Debtors

2024
Unaudited
2023
£
£


Amounts owed by group undertakings
819,372
-

Other debtors
-
91,873

Prepayments and accrued income
-
1,085

819,372
92,958



7.


Cash and cash equivalents

2024
Unaudited
2023
£
£

Cash at bank and in hand
13,835
187,584

13,835
187,584


Page 7

 
R.S. ROBERTSON & CO. (PENSIONS) & INVESTMENTS) LTD
 

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

8.


Creditors: Amounts falling due within one year

2024
Unaudited
2023
£
£

Bank loans
-
709,808

Corporation tax
1,505
71,235

Other taxation and social security
-
2,807

Other creditors
-
532

Accruals and deferred income
-
318,038

1,505
1,102,420



9.


Creditors: Amounts falling due after more than one year

2024
Unaudited
2023
£
£

Other creditors
-
310,718

-
310,718



10.


Provisions





Other provision

£





At 1 February 2023
2,386


Charged to profit or loss
(2,386)



At 31 January 2024
-


11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the Company in an independently administered fund. The pension cost charge
represents contributions payable by the Company to the fund and amounted to £5,638 (2023 - £31,823) .
Contributions totalling Nil (2023 - £Nil) were payable to the fund at the balance sheet date.


12.


Related party transactions

After the acquisition by Gilson Gray Financial Limited on 4 April 2023, all the trade and assets of R.S. Robertson & Co. (Pension & Investments) Ltd were transferred to Gilson Gray Financial Limited. The book value and fair values of total identifiable net assets on the date of acquisition were £833,172 and £2,859,487, respectively. 

Page 8

 
R.S. ROBERTSON & CO. (PENSIONS) & INVESTMENTS) LTD
 

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

13.


Post balance sheet events

The intention is to wind up the company in due course. 


14.


Controlling party

From 4 April 2023 the immediate parent company of R.S. Robertson 7 Co. (Pension & Investments) Limited is Gilson Gray Financial Limited and the ultimate parent entity is Gilson Gray LLP. The group financial statements of Gilson Gray LLP can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.


15.


Auditors' information

The auditors' report on the financial statements for the year ended 31 January 2024 was unqualified.

The audit report was signed on 11 June 2025 by Huw Nicholls (Senior Statutory Auditor) on behalf of Armstrong Watson Audit Limited.


Page 9