Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302025-05-192024-11-30No description of principal activitytrue2023-12-01false73trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC436530 2023-12-01 2024-11-30 SC436530 2022-12-01 2023-11-30 SC436530 2024-11-30 SC436530 2023-11-30 SC436530 c:CompanySecretary1 2023-12-01 2024-11-30 SC436530 c:Director1 2023-12-01 2024-11-30 SC436530 c:Director2 2023-12-01 2024-11-30 SC436530 c:Director5 2023-12-01 2024-11-30 SC436530 c:Director5 2024-11-30 SC436530 c:Director6 2023-12-01 2024-11-30 SC436530 c:Director6 2024-11-30 SC436530 c:Director7 2023-12-01 2024-11-30 SC436530 c:Director7 2024-11-30 SC436530 c:RegisteredOffice 2023-12-01 2024-11-30 SC436530 d:Buildings d:ShortLeaseholdAssets 2023-12-01 2024-11-30 SC436530 d:Buildings d:ShortLeaseholdAssets 2024-11-30 SC436530 d:Buildings d:ShortLeaseholdAssets 2023-11-30 SC436530 d:PlantMachinery 2023-12-01 2024-11-30 SC436530 d:PlantMachinery 2024-11-30 SC436530 d:PlantMachinery 2023-11-30 SC436530 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC436530 d:MotorVehicles 2023-12-01 2024-11-30 SC436530 d:MotorVehicles 2024-11-30 SC436530 d:MotorVehicles 2023-11-30 SC436530 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC436530 d:FurnitureFittings 2023-12-01 2024-11-30 SC436530 d:FurnitureFittings 2024-11-30 SC436530 d:FurnitureFittings 2023-11-30 SC436530 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC436530 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 SC436530 d:Goodwill 2024-11-30 SC436530 d:Goodwill 2023-11-30 SC436530 d:CurrentFinancialInstruments 2024-11-30 SC436530 d:CurrentFinancialInstruments 2023-11-30 SC436530 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 SC436530 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 SC436530 d:ShareCapital 2024-11-30 SC436530 d:ShareCapital 2023-11-30 SC436530 d:RetainedEarningsAccumulatedLosses 2024-11-30 SC436530 d:RetainedEarningsAccumulatedLosses 2023-11-30 SC436530 c:OrdinaryShareClass1 2023-12-01 2024-11-30 SC436530 c:OrdinaryShareClass1 2024-11-30 SC436530 c:OrdinaryShareClass1 2023-11-30 SC436530 c:FRS102 2023-12-01 2024-11-30 SC436530 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 SC436530 c:FullAccounts 2023-12-01 2024-11-30 SC436530 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 SC436530 6 2023-12-01 2024-11-30 SC436530 d:Goodwill d:OwnedIntangibleAssets 2023-12-01 2024-11-30 SC436530 e:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC436530










HAMILTON OF DREM LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

 
HAMILTON OF DREM LIMITED
 

COMPANY INFORMATION


DIRECTORS
J H Hamilton 
Mrs L A Hamilton 
J H Hamilton Jnr (resigned 19 May 2025)
D K Hamilton (resigned 14 June 2024)
K M Hamilton (resigned 14 June 2024)




COMPANY SECRETARY
J H Hamilton



REGISTERED NUMBER
SC436530



REGISTERED OFFICE
West Fortune
Drem

North Berwick

East Lothian

EH39 5LL




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
HAMILTON OF DREM LIMITED
REGISTERED NUMBER: SC436530

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Intangible assets
  
101,867
152,800

Tangible assets
 5 
262,527
216,764

Investments
  
100
-

  
364,494
369,564

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 7 
209,543
48,253

Cash at bank and in hand
  
42,610
22,642

  
252,153
70,895

Creditors: amounts falling due within one year
 8 
(382,173)
(264,688)

NET CURRENT LIABILITIES
  
 
 
(130,020)
 
 
(193,793)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
234,474
175,771

PROVISIONS FOR LIABILITIES
  

Deferred tax
  
(35,516)
(9,632)

NET ASSETS
  
 
 
198,958
 
 
166,139


CAPITAL AND RESERVES
  

Called up share capital 
  
100
100

Profit and loss account
  
198,858
166,039

  
198,958
166,139


Page 1

 
HAMILTON OF DREM LIMITED
REGISTERED NUMBER: SC436530

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2024

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 27 August 2025.




J H Hamilton
Director

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

Page 2

 
HAMILTON OF DREM LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


GENERAL INFORMATION

Hamilton of Drem Limited is a private company, limited by shares, incorporated in Scotland with registration number SC436530. The registered office and principal place of business is West Fortune, Drem, North Berwick, East Lothian, EH39 5LL.
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.

Page 3

 
HAMILTON OF DREM LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

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:

Tenants improvements
-
33%
straight line
Plant and machinery
-
10%
straight line
Motor vehicles
-
25%
straight line
Fixtures and fittings
-
10%
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.

 
2.4

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

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.

 
2.6

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.

Page 4

 
HAMILTON OF DREM LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 7 (2023 -3).


4.


INTANGIBLE ASSETS




Lease

£



COST


At 1 December 2023
152,800



At 30 November 2024

152,800



AMORTISATION


Charge for the year on owned assets
50,933



At 30 November 2024

50,933



NET BOOK VALUE



At 30 November 2024
101,867



At 30 November 2023
152,800



Page 5

 
HAMILTON OF DREM LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


TANGIBLE FIXED ASSETS





Tenants improvements
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



COST OR VALUATION


At 1 December 2023
75,397
136,979
-
20,405
232,781


Additions
-
78,770
20,986
-
99,756



At 30 November 2024

75,397
215,749
20,986
20,405
332,537



DEPRECIATION


At 1 December 2023
-
16,017
-
-
16,017


Charge for the year on owned assets
25,130
21,575
5,247
2,041
53,993



At 30 November 2024

25,130
37,592
5,247
2,041
70,010



NET BOOK VALUE



At 30 November 2024
50,267
178,157
15,739
18,364
262,527



At 30 November 2023
75,397
120,962
-
20,405
216,764


6.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies

£



COST OR VALUATION


Additions
100



At 30 November 2024
100






NET BOOK VALUE



At 30 November 2024
100



At 30 November 2023
-

Page 6

 
HAMILTON OF DREM LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

7.


DEBTORS

2024
2023
£
£


Trade debtors
152,772
4,752

Other debtors
26,773
20,536

Prepayments and accrued income
29,998
22,965

209,543
48,253



8.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Other loans
137,176
-

Trade creditors
17,817
422

Other taxation and social security
9,991
-

Other creditors
100,114
248,197

Accruals and deferred income
117,075
16,069

382,173
264,688



9.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2023 -100) £1 ordinary shares shares of £1.00 each
100
100



Page 7