Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 No description of principal activity 29 2024-10-29 false 25 true true false SC033190 2024-10-29 2025-03-31 SC033190 2024-01-01 2024-10-28 SC033190 2025-03-31 SC033190 2024-10-28 SC033190 c:Director2 2024-10-29 2025-03-31 SC033190 d:Buildings d:ShortLeaseholdAssets 2024-10-29 2025-03-31 SC033190 d:Buildings d:ShortLeaseholdAssets 2025-03-31 SC033190 d:Buildings d:ShortLeaseholdAssets 2024-10-28 SC033190 d:PlantMachinery 2024-10-29 2025-03-31 SC033190 d:PlantMachinery 2025-03-31 SC033190 d:PlantMachinery 2024-10-28 SC033190 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-10-29 2025-03-31 SC033190 d:MotorVehicles 2024-10-29 2025-03-31 SC033190 d:MotorVehicles 2025-03-31 SC033190 d:MotorVehicles 2024-10-28 SC033190 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-10-29 2025-03-31 SC033190 d:ComputerEquipment 2024-10-29 2025-03-31 SC033190 d:ComputerEquipment 2025-03-31 SC033190 d:ComputerEquipment 2024-10-28 SC033190 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-10-29 2025-03-31 SC033190 d:OwnedOrFreeholdAssets 2024-10-29 2025-03-31 SC033190 d:CurrentFinancialInstruments 2025-03-31 SC033190 d:CurrentFinancialInstruments 2024-10-28 SC033190 d:Non-currentFinancialInstruments 2025-03-31 SC033190 d:Non-currentFinancialInstruments 2024-10-28 SC033190 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 SC033190 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-28 SC033190 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 SC033190 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-28 SC033190 d:ShareCapital 2025-03-31 SC033190 d:ShareCapital 2024-10-28 SC033190 d:RetainedEarningsAccumulatedLosses 2025-03-31 SC033190 d:RetainedEarningsAccumulatedLosses 2024-10-28 SC033190 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 SC033190 d:AcceleratedTaxDepreciationDeferredTax 2024-10-28 SC033190 c:FRS102 2024-10-29 2025-03-31 SC033190 c:Audited 2024-10-29 2025-03-31 SC033190 c:FullAccounts 2024-10-29 2025-03-31 SC033190 c:PrivateLimitedCompanyLtd 2024-10-29 2025-03-31 SC033190 d:WithinOneYear 2025-03-31 SC033190 d:WithinOneYear 2024-10-28 SC033190 d:BetweenOneFiveYears 2025-03-31 SC033190 d:BetweenOneFiveYears 2024-10-28 SC033190 d:MoreThanFiveYears 2025-03-31 SC033190 d:MoreThanFiveYears 2024-10-28 SC033190 c:SmallCompaniesRegimeForAccounts 2024-10-29 2025-03-31 SC033190 2 2024-10-29 2025-03-31 SC033190 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2025-03-31 SC033190 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-10-28 SC033190 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2025-03-31 SC033190 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-10-28 SC033190 d:LeasedAssetsHeldAsLessee 2025-03-31 SC033190 d:LeasedAssetsHeldAsLessee 2024-10-28 SC033190 e:PoundSterling 2024-10-29 2025-03-31 iso4217:GBP xbrli:pure

Registered number:�SC033190 ANGUS F. GUNN LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED�31 MARCH 2025
| � |
ANGUS F. GUNN LIMITED REGISTERED NUMBER:�SC033190 BALANCE SHEET AS AT�31 MARCH 2025
|  | 31 March |  | Unaudited 28 October
|  | 2025 |  | 2024
Note |  | � |  | �
Fixed assets | �� |  |  |  |
Tangible assets | �4� |  | 1,197,102 |  | 1,324,376
| �� |  | 1,197,102 |  | 1,324,376
Current assets | �� |  |  |  |
Stocks | �5� | 622,091 |  | 583,240 |
Debtors: amounts falling due within one year | �6� | 3,718,036 |  | 1,549,127 |
Cash at bank and in hand | �� | 207,767 |  | 2,919,242 |
| �� | 4,547,894 |  | 5,051,609 |
Creditors: amounts falling due within one year | �7� | (1,445,307) |  | (2,022,492) |
Net current assets | �� | � | � 3,102,587 | � | � 3,029,117
Total assets less current liabilities | �� |  | 4,299,689 |  | 4,353,493
Creditors: amounts falling due after more than one year | �8� |  | (510,008) |  | (632,418)
Provisions for liabilities | �� |  |  |  |
Deferred tax | �9� | (302,834) |  | (331,091) |
| �� | � | � (302,834) | � | � (331,091)
Net assets | �� |  | 3,486,847 |  | 3,389,984
Capital and reserves | �� |  |  |  |
Called up share capital� | �� |  | 20,000 |  | 20,000
Profit and loss account | �� |  | 3,466,847 |  | 3,369,984
| �� |  | 3,486,847 |  | 3,389,984
Page 1
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ANGUS F. GUNN LIMITED REGISTERED NUMBER:�SC033190 �� � BALANCE SHEET�(CONTINUED) AS AT�31 MARCH 2025 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�profit and loss account�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�by:�
K Greenwood
Director
Date:�18 August 2025
The notes on pages 3 to 11 form part of these financial statements. Page 2
| � |
ANGUS F. GUNN LIMITED � � � NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
1. | General information
Angus F. Gunn Limited is a private limited company registered in Scotland, registration number SC033190. The registered office is Dalmacoulter Road, Stirling Road Industrial Estate, Airdrie, Lanarkshire, ML6 7UD. 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 | 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. The following criteria must also be met before�revenue�is recognised: Sale of goods Revenue�from the sale of goods is recognised when all of the following conditions are satisfied: �the�Company�has transferred the significant risks and rewards of ownership to the buyer; �the�Company�retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; �the amount of�revenue�can be measured reliably; �it is probable that the�Company�will receive the consideration due under the transaction; and �the costs incurred or to be incurred in respect of the transaction can be measured reliably.
� | 2.3 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.
� | 2.4 | Leased assets: the Company as lessee
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
� | 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
| � |
ANGUS F. GUNN LIMITED � � � NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 2.Accounting policies (continued)
� | 2.6 | 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 set out below. Depreciation is provided on the following basis:
|  |  |  | Short-term leasehold property | - | 4% | on reducing balance
|  |  |  | Plant and machinery | - | 15% | on reducing balance
|  |  |  | Motor vehicles | - | 25% | on reducing balance
|  |  |  | Computer equipment | - | 25% | on reducing balance
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.
� | 2.7 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.� At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
� | 2.8 | 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.
� | 2.9 | 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.
� | 2.10 | Creditors
Short-term 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. Page 4
| � |
ANGUS F. GUNN LIMITED � � � NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 2.Accounting policies (continued)
� | 2.11 | 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�Balance sheet�when the�Company�becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The�Company's�cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the�Company�after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans�and�other loans�are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled. Page 5
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ANGUS F. GUNN LIMITED � � � NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 2.Accounting policies (continued)
� | 2.12 | Finance costs
Finance costs are charged to profit or loss 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.
� | 2.13 | 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 profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the�Balance sheet. The assets of the plan are held separately from the�Company�in independently administered funds.
� | 2.14 | 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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the�balance sheet 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�balance sheet 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�balance sheet date.
3. | Employees
| The average monthly number of employees, including directors, during the�period�was�29�(2024 -�25).
Page 6
| � |
ANGUS F. GUNN LIMITED � � � NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Short-term leasehold property | Plant and machinery | Motor vehicles | Computer equipment | Total
|  | � | � | � | � | �
| Cost� |  |  |  |  |
| At 29 October 2024 | 14,607 | 1,899,669 | 121,814 | 46,556 | 2,082,646
| Additions | - | 1,550 | - | 2,140 | 3,690
| Disposals | - | - | (93,115) | - | (93,115)
| At 31 March 2025 | 14,607 | 1,901,219 | 28,699 | 48,696 | 1,993,221
| Depreciation |  |  |  |  |
| At 29 October 2024 | 2,872 | 677,675 | 47,810 | 29,913 | 758,270
| Charge for the period | 214 | 79,407 | 2,841 | 2,002 | 84,464
| Disposals | - | - | (46,615) | - | (46,615)
| At 31 March 2025 | 3,086 | 757,082 | 4,036 | 31,915 | 796,119
| Net book value |  |  |  |  |
| At 31 March 2025 | 11,521 | 1,144,137 | 24,663 | 16,781 | 1,197,102
| At 28 October 2024 | 11,735 | 1,221,994 | 74,004 | 16,643 | 1,324,376
Page 7
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ANGUS F. GUNN LIMITED � � � NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 �� � � � ��4.Tangible fixed assets (continued)
| The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
|  |  |  |  | 31 March | Unaudited 28 October
|  |  |  |  | 2025 | 2024
|  |  |  |  | � | �
| Plant and machinery | 844,914 | 903,652
| Motor vehicles | 24,663 | 27,503
|  | 869,577 | 931,155
5. | Stocks
|  |  |  |  | 31 March | 28 October
|  |  |  |  | 2025 | 2024
|  |  |  |  | � | �
| Raw materials | 622,091 | 583,240
6. | Debtors
|  |  |  |  | 31 March | Unaudited 28 October
|  |  |  |  | 2025 | 2024
|  |  |  |  | � | �
| Trade debtors | 1,439,406 | 1,519,811
| Amounts owed by group undertakings | 2,250,580 | -
| Other debtors | 28,050 | 29,316
|  | 3,718,036 | 1,549,127
Page 8
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ANGUS F. GUNN LIMITED � � � NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 31 March | Unaudited 28 October
|  |  |  |  | 2025 | 2024
|  |  |  |  | � | �
| Trade creditors | 752,586 | 1,164,991
| Corporation tax | 261,448 | 250,689
| Other taxation and social security | 152,204 | 223,849
| Obligations under finance lease and hire purchase contracts | 168,704 | 185,004
| Other creditors | 110,365 | 197,959
|  | 1,445,307 | 2,022,492
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 31 March | Unaudited 28 October
|  |  |  |  | 2025 | 2024
|  |  |  |  | � | �
| Net obligations under finance leases and hire purchase contracts | 506,654 | 628,419
| Other creditors | 3,354 | 3,999
|  | 510,008 | 632,418
Page 9
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ANGUS F. GUNN LIMITED � � � NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
9. | Deferred taxation
|  | 2025
|  | �
| At beginning of period | 331,091
| Credit to profit and loss | (28,257)
| At end of year | 302,834
| The�provision for deferred taxation�is made up as follows:
|  |  |  |  | 31 March | Unaudited 28 October
|  |  |  |  | 2025 | 2024
|  |  |  |  | � | �
| Accelerated capital allowances | 302,834 | 331,091
10. | Commitments under operating leases
| At�31 March 2025�the�Company�had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 31 March | Unaudited 28 October
|  |  |  |  | 2025 | 2024
|  |  |  |  | � | �
| Not later than 1 year | 75,000 | 75,000
| Later than 1 year and not later than 5 years | 300,000 | 300,000
| Later than 5 years | 281,250 | 312,500
|  | 656,250 | 687,500
11. | Related party transactions
| At the balance sheet date, included within trade debtors is an amount owed by group undertakings of �10,328 (2024- �NIL). At the balance sheet date, included within trade creditors is an amount owed to group undertakings of �122,158 (2024 - �NIL).
Page 10
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ANGUS F. GUNN LIMITED � � � NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
12. | Controlling party
During the period, the entire share capital of the entity was acquired by Barclay and Mathieson Limited. The smallest group for which consolidated financial statements are prepared which include the results of this company is that headed by Barclay & Mathieson Limited whose registered office is 180 Hardgate Road, Glasgow, Scotland, G51 4TB.
13. | Auditors' information
The�auditors'�report on the financial statements for the�period�ended�31 March 2025�was�unqualified. The audit report was signed on�18 August 2025�by�James Hallett (ACA)�(Senior statutory auditor)�on behalf of�Sumer Auditco Limited. �
Page 11