1 December 2023 false No description of principal activity Taxfiler 2024.6 SC520533business:PrivateLimitedCompanyLtd2023-12-012024-11-30 SC5205332023-11-30 SC5205332023-12-012024-11-30 SC520533business:AuditExemptWithAccountantsReport2023-12-012024-11-30 SC520533business:AbridgedAccounts2023-12-012024-11-30 SC5205332024-11-30 SC520533business:Director12023-12-012024-11-30 SC520533business:RegisteredOffice2023-12-012024-11-30 SC5205332023-11-30 SC520533core:WithinOneYear2024-11-30 SC520533core:WithinOneYear2023-11-30 SC520533core:AfterOneYear2024-11-30 SC520533core:AfterOneYear2023-11-30 SC520533core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 SC520533core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 SC520533core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 SC520533core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 SC520533core:PreviouslyStatedAmount2024-11-30 SC520533core:PreviouslyStatedAmount2023-11-30 SC520533business:SmallEntities2023-12-012024-11-30 SC520533countries:Scotland2023-12-012024-11-30 SC520533core:PlantMachinery2023-12-012024-11-30 SC520533core:MotorVehicles2023-12-012024-11-30 SC520533core:FurnitureFittings2023-12-012024-11-30 SC520533core:ComputerEquipment2023-12-012024-11-30 SC520533core:BetweenOneFiveYears2024-11-30 SC520533core:BetweenOneFiveYears2023-11-30 SC5205332022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. SC520533 (Scotland)
Haus Architectural & Timber Frame Ltd Unaudited accounts for the year ended 30 November 2024
Haus Architectural & Timber Frame Ltd Unaudited accounts Contents
Page
- 2 -
Haus Architectural & Timber Frame Ltd Company Information for the year ended 30 November 2024
Director
S Strachan
Company Number
SC520533 (Scotland)
Registered Office
The Green House Beechwood Business Park North Inverness IV2 3BL
Accountants
CMM Accountancy (Inverness) Limited The Green House Beechwood Business Park North Inverness IV2 3BL
- 3 -
Haus Architectural & Timber Frame Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,047 
2,094 
Tangible assets
59,428 
23,499 
60,475 
25,593 
Current assets
Inventories
101,301 
96,190 
Debtors
498,354 
361,019 
Cash at bank and in hand
837,797 
427,220 
1,437,452 
884,429 
Creditors: amounts falling due within one year
(596,067)
(214,472)
Net current assets
841,385 
669,957 
Total assets less current liabilities
901,860 
695,550 
Creditors: amounts falling due after more than one year
(5,833)
(15,833)
Provisions for liabilities
Deferred tax
(14,857)
(5,875)
Net assets
881,170 
673,842 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
881,070 
673,742 
Shareholders' funds
881,170 
673,842 
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 July 2025 and were signed on its behalf by
S Strachan Director Company Registration No. SC520533
- 4 -
Haus Architectural & Timber Frame Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Haus Architectural & Timber Frame Ltd is a private company, limited by shares, registered in Scotland, registration number SC520533. The registered office is The Green House, Beechwood Business Park North, Inverness, IV2 3BL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% reducing balance
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Intangible fixed assets
Intangible fixed assets consist of house designs and are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
Haus Architectural & Timber Frame Ltd Notes to the Accounts for the year ended 30 November 2024
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 December 2023
10,465 
At 30 November 2024
10,465 
Amortisation
At 1 December 2023
8,371 
Charge for the year
1,047 
At 30 November 2024
9,418 
Net book value
At 30 November 2024
1,047 
At 30 November 2023
2,094 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 December 2023
43,677 
Additions
62,995 
Disposals
(30,307)
At 30 November 2024
76,365 
Depreciation
At 1 December 2023
20,178 
Charge for the year
11,579 
On disposals
(14,820)
At 30 November 2024
16,937 
Net book value
At 30 November 2024
59,428 
At 30 November 2023
23,499 
- 6 -
Haus Architectural & Timber Frame Ltd Notes to the Accounts for the year ended 30 November 2024
6
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 November 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
2,248 
Later than one year and not later than five years
33,836 
47,359 
33,836 
49,607 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 7 -