Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-316No description of principal activity2024-02-22falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC800169 2024-02-21 SC800169 2024-02-22 2025-03-31 SC800169 2023-02-22 2024-02-21 SC800169 2025-03-31 SC800169 c:Director1 2024-02-22 2025-03-31 SC800169 c:Director1 2025-03-31 SC800169 c:Director2 2024-02-22 2025-03-31 SC800169 c:Director2 2025-03-31 SC800169 c:Director3 2024-02-22 2025-03-31 SC800169 c:Director3 2025-03-31 SC800169 c:Director4 2024-02-22 2025-03-31 SC800169 c:Director4 2025-03-31 SC800169 c:Director5 2024-02-22 2025-03-31 SC800169 c:Director5 2025-03-31 SC800169 c:Director6 2024-02-22 2025-03-31 SC800169 c:Director6 2025-03-31 SC800169 c:RegisteredOffice 2024-02-22 2025-03-31 SC800169 d:Buildings 2024-02-22 2025-03-31 SC800169 d:Buildings 2025-03-31 SC800169 d:Buildings d:OwnedOrFreeholdAssets 2024-02-22 2025-03-31 SC800169 d:PlantMachinery 2024-02-22 2025-03-31 SC800169 d:PlantMachinery 2025-03-31 SC800169 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-02-22 2025-03-31 SC800169 d:OtherPropertyPlantEquipment 2024-02-22 2025-03-31 SC800169 d:OtherPropertyPlantEquipment 2025-03-31 SC800169 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-02-22 2025-03-31 SC800169 d:OwnedOrFreeholdAssets 2024-02-22 2025-03-31 SC800169 d:CurrentFinancialInstruments 2025-03-31 SC800169 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 SC800169 d:ShareCapital 2025-03-31 SC800169 d:RetainedEarningsAccumulatedLosses 2025-03-31 SC800169 c:OrdinaryShareClass1 2024-02-22 2025-03-31 SC800169 c:OrdinaryShareClass1 2025-03-31 SC800169 c:OrdinaryShareClass2 2024-02-22 2025-03-31 SC800169 c:OrdinaryShareClass2 2025-03-31 SC800169 c:OrdinaryShareClass3 2024-02-22 2025-03-31 SC800169 c:OrdinaryShareClass3 2025-03-31 SC800169 c:OrdinaryShareClass4 2024-02-22 2025-03-31 SC800169 c:OrdinaryShareClass4 2025-03-31 SC800169 c:FRS102 2024-02-22 2025-03-31 SC800169 c:AuditExempt-NoAccountantsReport 2024-02-22 2025-03-31 SC800169 c:FullAccounts 2024-02-22 2025-03-31 SC800169 c:PrivateLimitedCompanyLtd 2024-02-22 2025-03-31 SC800169 6 2024-02-22 2025-03-31 SC800169 e:PoundSterling 2024-02-22 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC800169










R T STUART HOLDINGS LTD
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

 
R T STUART HOLDINGS LTD
 

COMPANY INFORMATION


Directors
Mr K J Stuart (appointed 22 February 2024)
Mr M M Stuart (appointed 1 August 2024)
Mr A J Stuart (appointed 1 August 2024)
Mrs J M Stuart (appointed 1 August 2024)
Mr S I Haig (appointed 1 August 2024)
Mr D McMahon (appointed 1 August 2024)




Registered number
SC800169



Registered office
Dubbieside Bakery Harbour View

Methil

Leven

KY8 3RW




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
R T STUART HOLDINGS LTD
REGISTERED NUMBER: SC800169

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
£

Fixed assets
  

Tangible assets
 4 
2,934,967

Investments
 5 
1,951

  
2,936,918

Current assets
  

Debtors: amounts falling due within one year
 6 
553,957

Cash at bank and in hand
  
591,444

  
1,145,401

Creditors: amounts falling due within one year
 7 
(53,363)

Net current assets
  
 
 
1,092,038

Total assets less current liabilities
  
4,028,956

Provisions for liabilities
  

Deferred tax
  
(523,589)

  
 
 
(523,589)

Net assets
  
3,505,367


Capital and reserves
  

Called up share capital 
 8 
1,950

Profit and loss account
  
3,503,417

  
3,505,367


Page 1

 
R T STUART HOLDINGS LTD
REGISTERED NUMBER: SC800169

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 period 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 19 June 2025.




Mr K J Stuart
Mr M M Stuart
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
R T STUART HOLDINGS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

1.


General information

R T Stuart Holdings Ltd is a private company, limited by shares and incorporated in Scotland, registration number SC800169. The registered office address is Dubbieside Bakery, Harbour View, Methil, Leven. Scotland, KY8 3RW. 
The company was incorporated on 22 February 2024 and commenced trading on 2 September 2024.
The financial statements are prepared 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

Rental income 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. Rental income 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

Rental income 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

 
R T STUART HOLDINGS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the period 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.


 
2.4

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.

Depreciation is provided on the following basis:

Freehold property
-
2% Straight line
Plant and machinery
-
15% Reducing balance
Assets under construction
-
Not depreciated

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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 4

 
R T STUART HOLDINGS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
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 period was 6.


4.


Tangible fixed assets





Freehold property
Plant and machinery
Assets under construction
Total

£
£
£
£



Cost or valuation


Additions
-
55,159
24,477
79,636


Transfers intra group
1,573,900
4,382,931
43,609
6,000,440



At 31 March 2025

1,573,900
4,438,090
68,086
6,080,076



Depreciation


Charge for the period on owned assets
17,416
157,227
-
174,643


Transfers intra group
534,197
2,436,269
-
2,970,466



At 31 March 2025

551,613
2,593,496
-
3,145,109



Net book value



At 31 March 2025
1,022,287
1,844,594
68,086
2,934,967

Page 5

 
R T STUART HOLDINGS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
1,951



At 31 March 2025
1,951




On 31 May 2024, the Company completed a share-for-share transfer whereby the Company acquired 100% of the shareholding in R T Stuart Limited. On the 2 September 2024, the Company completed a hive-up of assets which included the 100% of the shareholding in subsidiary company R T Stuart Bakers Limited.


6.


Debtors

2025
£


Amounts owed by group undertakings
549,465

Prepayments and accrued income
4,492

553,957



7.


Creditors: Amounts falling due within one year

2025
£

Trade creditors
3,542

Other taxation and social security
49,821

53,363


Page 6

 
R T STUART HOLDINGS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

8.


Share capital

2025
£
Allotted, called up and fully paid


1,908 Ordinary shares of £1.00 each
1,908
30 Ordinary A shares of £1.00 each
30
5 Ordinary B shares of £1.00 each
5
7 Ordinary C shares of £1.00 each
7

1,950


At the date of incorporation, the Company was incorporated with 1 Ordinary share of a nominal value of £1. On 31 May 2024, the Company issued 1,907 Ordinary shares, 30 Ordinary A shares, 5 Ordinary B shares and 7 Ordinary C shares of £1 each for a total consideration of £1,949.


9.


Capital commitments


At 31 March 2025 the Company had capital commitments as follows:

2025
£


Contracted for but not provided in these financial statements
15,184


Page 7