| REGISTERED NUMBER: |
| The Cauldshiel Cattle Company Ltd |
| Unaudited Financial Statements |
| for the Year Ended 30th January 2025 |
| REGISTERED NUMBER: |
| The Cauldshiel Cattle Company Ltd |
| Unaudited Financial Statements |
| for the Year Ended 30th January 2025 |
| The Cauldshiel Cattle Company Ltd (Registered number: SC423942) |
| Contents of the Financial Statements |
| for the year ended 30th January 2025 |
| Page |
| Company information | 1 |
| Balance sheet | 2 | to | 3 |
| Notes to the financial statements | 4 | to | 6 |
| The Cauldshiel Cattle Company Ltd |
| Company Information |
| for the year ended 30th January 2025 |
| Director: |
| Registered office: |
| Registered number: |
| Accountants: |
| Academy House |
| Shedden Park Road |
| Kelso |
| Roxburghshire |
| TD5 7AL |
| The Cauldshiel Cattle Company Ltd (Registered number: SC423942) |
| Balance Sheet |
| 30th January 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Investments | 5 |
| Current assets |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 7 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital |
| Retained earnings |
| Shareholders' funds |
| The Cauldshiel Cattle Company Ltd (Registered number: SC423942) |
| Balance Sheet - continued |
| 30th January 2025 |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director and authorised for issue on |
| The Cauldshiel Cattle Company Ltd (Registered number: SC423942) |
| Notes to the Financial Statements |
| for the year ended 30th January 2025 |
| 1. | Statutory information |
| The Cauldshiel Cattle Company Ltd is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| 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 arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer. Turnover arising from the provision of services is recognised as contract activity progresses and the right to consideration is earned. |
| Tangible fixed assets |
| Property improvements | - |
| Plant and machinery | - |
| Motor vehicles | - |
| Office equipment | - |
| Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. |
| Stocks |
| Stock is valued at the lower of cost and net realisable value. Cost includes all direct expenditure and appropriate proportion of fixed and variable overheads. Net realisable value is based on estimated selling prices less further costs expected to be incurred in bringing the stocks to completion. |
| Financial instruments |
| The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors,accruals, bank overdrafts, directors' loans and other loans. |
| Directors' loans (being repayable on demand), other loans, trade debtors, accruals, bank overdrafts and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. |
| Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| The Cauldshiel Cattle Company Ltd (Registered number: SC423942) |
| Notes to the Financial Statements - continued |
| for the year ended 30th January 2025 |
| 2. | Accounting policies - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Provisions |
| Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. |
| Employee benefits |
| Short-term employee benefits including holiday pay are recognised as an expense in the income statement in the period in which they are incurred. |
| Going concern |
| The director has considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and has an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing these financial statements. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| 4. | Tangible fixed assets |
| Property | Plant and | Motor | Office |
| improvements | machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| Cost |
| At 31st January 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30th January 2025 |
| Depreciation |
| At 31st January 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30th January 2025 |
| Net book value |
| At 30th January 2025 |
| At 30th January 2024 |
| The Cauldshiel Cattle Company Ltd (Registered number: SC423942) |
| Notes to the Financial Statements - continued |
| for the year ended 30th January 2025 |
| 5. | Fixed asset investments |
| Other |
| investments |
| £ |
| Cost |
| At 31st January 2024 |
| and 30th January 2025 |
| Net book value |
| At 30th January 2025 |
| At 30th January 2024 |
| 6. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Other creditors |
| 9. | Secured debts |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank overdraft |
| Clydesdale Bank PLC has a floating charge over the property and undertaking of the company. |