Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31No description of principal activity2023-11-01false34falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05114775 2023-11-01 2024-10-31 05114775 2022-11-01 2023-10-31 05114775 2024-10-31 05114775 2023-10-31 05114775 2022-11-01 05114775 c:Director2 2023-11-01 2024-10-31 05114775 d:PlantMachinery 2023-11-01 2024-10-31 05114775 d:PlantMachinery 2024-10-31 05114775 d:PlantMachinery 2023-10-31 05114775 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 05114775 d:FurnitureFittings 2023-11-01 2024-10-31 05114775 d:FurnitureFittings 2024-10-31 05114775 d:FurnitureFittings 2023-10-31 05114775 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 05114775 d:OfficeEquipment 2023-11-01 2024-10-31 05114775 d:OfficeEquipment 2024-10-31 05114775 d:OfficeEquipment 2023-10-31 05114775 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 05114775 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 05114775 d:CurrentFinancialInstruments 2024-10-31 05114775 d:CurrentFinancialInstruments 2023-10-31 05114775 d:Non-currentFinancialInstruments 2024-10-31 05114775 d:Non-currentFinancialInstruments 2023-10-31 05114775 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 05114775 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 05114775 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 05114775 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 05114775 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-10-31 05114775 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-10-31 05114775 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-10-31 05114775 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 05114775 d:ShareCapital 2024-10-31 05114775 d:ShareCapital 2023-10-31 05114775 d:RetainedEarningsAccumulatedLosses 2024-10-31 05114775 d:RetainedEarningsAccumulatedLosses 2023-10-31 05114775 c:OrdinaryShareClass1 2023-11-01 2024-10-31 05114775 c:OrdinaryShareClass1 2024-10-31 05114775 c:FRS102 2023-11-01 2024-10-31 05114775 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05114775 c:FullAccounts 2023-11-01 2024-10-31 05114775 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05114775 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 05114775 d:AcceleratedTaxDepreciationDeferredTax 2023-10-31 05114775 e:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05114775









ARDGOWAN ESTATES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
ARDGOWAN ESTATES LIMITED
REGISTERED NUMBER: 05114775

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024


2024

2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
331
620

Current assets
  

Debtors: amounts falling due within one year
 5 
116,972
101,787

Creditors: amounts falling due within one year
 6 
(64,022)
(42,535)

Net current assets
  
 
 
52,950
 
 
59,252

Total assets less current liabilities
  
53,281
59,872

Creditors: amounts falling due after more than one year
 7 
(3,876)
(10,626)

Provisions for liabilities
  

Deferred tax
 9 
(83)
(84)

Net assets
  
49,322
49,162


Capital and reserves
  

Called up share capital 
 10 
1
1

Profit and loss account
  
49,321
49,161

  
49,322
49,162


Page 1

 
ARDGOWAN ESTATES LIMITED
REGISTERED NUMBER: 05114775
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 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 comprehensive income 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 30 August 2025.




S Watt
Director

Page 2

 
ARDGOWAN ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Ardgowan Estates Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is First Floor, 3 Cheapside Court, Sunninghill Road, Ascot, Berkshire, SL5 7RF.
The company specialises in management and consultancy.

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

The financial statements have been prepared on a going concern basis. The directors have considered the factors which impact the company's future development, performance, cash flow, and financial position in forming their opinion on the going concern basis. The directors believe that the company has adequate resources to continue to operate and meet its obligations as they fall due for the foreseeable future, and for a period not less than 12 months from the date of approval of these financial statements, and therefore use of the going concern assumption is appropriate.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue is recognised when the company obtains the right to consideration.

Rendering of services 
Revenue 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 revenue 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

 
ARDGOWAN ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
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, using the straight-line method.

Depreciation is provided on the following bases:

Plant & machinery
-
33.33% straight line
Fixtures & fittings
-
20% straight line
Office equipment
-
33.33% 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 the Statement of comprehensive income.

 
2.5

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.

 
2.6

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.

 
2.7

Creditors

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.

 
2.8

Finance costs

Finance costs are charged to the Statement of comprehensive income 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.

Page 4

 
ARDGOWAN ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.9

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of comprehensive income on a straight-line basis over the lease term.

 
2.10

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 the Statement of comprehensive income 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.

 
2.11

Borrowing costs

All borrowing costs are recognised in the Statement of comprehensive income in the year in which they are incurred.

 
2.12

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income 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.

Page 5

 
ARDGOWAN ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

  
2.13

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to the Statement of comprehensive income in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of financial position.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 4).


4.


Tangible fixed assets





Plant & machinery
Fixtures & fittings
Office equipment
Total

£
£
£
£



Cost


At 1 November 2023
2,806
8,255
13,034
24,095



At 31 October 2024

2,806
8,255
13,034
24,095



Depreciation


At 1 November 2023
2,806
8,255
12,414
23,475


Charge for the year
-
-
289
289



At 31 October 2024

2,806
8,255
12,703
23,764



Net book value



At 31 October 2024
-
-
331
331



At 31 October 2023
-
-
620
620

Page 6

 
ARDGOWAN ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Debtors

2024
2023
£
£


Other debtors
116,972
101,787

116,972
101,787



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
7,881
8,381

Bank loans
6,750
6,750

Trade creditors
265
116

Corporation tax
10,919
14,392

Other taxation and social security
468
1,500

Other creditors
34,939
8,596

Accruals and deferred income
2,800
2,800

64,022
42,535



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
3,876
10,626

3,876
10,626


Page 7

 
ARDGOWAN ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
6,750
6,750

Amounts falling due 1-2 years

Bank loans
3,876
6,750

Amounts falling due 2-5 years

Bank loans
-
3,876


10,626
17,376



9.


Deferred taxation




2024
2023


£

£






At beginning of year
84
113


Credited to Statement of comprehensive income
(1)
(29)



At end of year
83
84

The provision for deferred taxation is made up as follows:

2024
2023
£
£



Accelerated capital allowances
83
84

83
84


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares  of £0.01 each
1
1


Page 8

 
ARDGOWAN ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

11.


Pension commitments

The company operates a defined contribution 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 £893 (2023 £1,320). Contributions totalling £543 (2023 - £257) were payable to the fund at the year end date and are included in creditors.


12.


Related party transactions

During the year, the company charged management charges of £135,000 (2023 - £135,000) to a company under common control. At the year end, £113,900 (2023 - £100,689) was receivable by the company. 
At the year end, £2,000 
(2023 - £Nil) was payable by the company to a company with common directors.


13.


Controlling party

The controlling party is S Watt, a director.
 
Page 9