Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2024-05-29 2024-05-29 2025-03-31 false false 2024-05-29 false No description of principal activity 2 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC812061 2024-05-28 SC812061 2024-05-29 2025-03-31 SC812061 2023-05-29 2024-05-28 SC812061 2025-03-31 SC812061 c:Director1 2024-05-29 2025-03-31 SC812061 c:Director1 2025-03-31 SC812061 c:Director2 2024-05-29 2025-03-31 SC812061 c:Director2 2025-03-31 SC812061 c:RegisteredOffice 2024-05-29 2025-03-31 SC812061 d:PlantMachinery 2024-05-29 2025-03-31 SC812061 d:PlantMachinery 2025-03-31 SC812061 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-05-29 2025-03-31 SC812061 d:CurrentFinancialInstruments 2025-03-31 SC812061 d:Non-currentFinancialInstruments 2025-03-31 SC812061 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 SC812061 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 SC812061 d:ShareCapital 2025-03-31 SC812061 d:RetainedEarningsAccumulatedLosses 2025-03-31 SC812061 c:FRS102 2024-05-29 2025-03-31 SC812061 c:AuditExempt-NoAccountantsReport 2024-05-29 2025-03-31 SC812061 c:FullAccounts 2024-05-29 2025-03-31 SC812061 c:PrivateLimitedCompanyLtd 2024-05-29 2025-03-31 SC812061 e:PoundSterling 2024-05-29 2025-03-31 iso4217:GBP xbrli:pure

Registered number: SC812061 LADYSFORD LIMITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
LADYSFORD LIMITED COMPANY INFORMATION
Directors | Mr J Davidson (appointed 29 May 2024)
| Mrs K Davidson (appointed 29 May 2024)
Registered number | SC812061
Registered office | Ladysford Farm
| Boyndlie
| Fraserburgh
| AB43 7LT
Accountants | EQ Accountants Limited
| Chartered Accountants
| Westby
| 64 West High Street
| Forfar
| Angus
| DD8 1BJ
LADYSFORD LIMITED REGISTERED NUMBER: SC812061 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025
Note |  | £
FIXED ASSETS |  |  |
Tangible assets | 3 |  | 490,326
|  |  | 490,326
CURRENT ASSETS |  |  |
Cash at bank and in hand |  | 3,121 |
|  | 3,121 |
Creditors: amounts falling due within one year | 4 | (489,484) |
NET CURRENT (LIABILITIES)/ASSETS |  |  | (486,363)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 3,963
Creditors: amounts falling due after more than one year | 5 |  | (4,591)
PROVISIONS FOR LIABILITIES |  |  |
Deferred tax |  | (122,582) |
|  |  | (122,582)
NET (LIABILITIES)/ASSETS |  |  | (123,210)
CAPITAL AND RESERVES |  |  |
Called up share capital |  |  | 100
Profit and loss account |  |  | (123,310)
|  |  | (123,210)
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LADYSFORD LIMITED REGISTERED NUMBER: SC812061 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025 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 period 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 7 October 2025.
Mr J Davidson
Director
The notes on pages 3 to 6 form part of these financial statements. Page 2
LADYSFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
1. | GENERAL INFORMATION
Ladysford Limited is a private company, limited by shares, incorporated in Scotland with registration number SC812061. The registered office is Ladysford Farm, Boyndlie, Fraserburgh, Aberdeenshire, Scotland, AB43 7LT.The company's functional and presentational currency is GBP. 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
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: Sale of goods Turnover 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 turnover 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. 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.
| 2.3 | 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. Page 3
LADYSFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.4 | 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 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.
| 2.5 | 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, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 12.5%
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. Page 4
LADYSFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.6 | PROVISIONS FOR LIABILITIES
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | TANGIBLE FIXED ASSETS
|  | Plant and machinery
|  | £
| COST OR VALUATION |
| Additions | 564,273
| Disposals | (3,897)
| At 31 March 2025 | 560,376
| DEPRECIATION |
| Charge for the period on owned assets | 70,050
| At 31 March 2025 | 70,050
| NET BOOK VALUE |
| At 31 March 2025 | 490,326
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LADYSFORD LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2025
|  |  |  |  | £
| Other loans | 456,211
| Trade creditors | 3,703
| Other taxation and social security | 22,968
| Obligations under finance lease and hire purchase contracts | 5,102
| Accruals and deferred income | 1,500
|  | 489,484
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
|  |  |  |  | 2025
|  |  |  |  | £
| Net obligations under finance leases and hire purchase contracts | 4,591
|  | 4,591
6. | SHARE CAPITAL
|  |  |  |  | 2025
|  |  |  |  | £
|  | ALLOTTED, CALLED UP AND FULLY PAID |
|  | 100 Ordinary shares of £1.00 each | 100
100 shares were issued in the period, resulting in share capital of £100 being received.
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