Company Registration No. SC092814 (Scotland)
HIGHLAND FAYRE LIMITED
Unaudited accounts
for the year ended 30 June 2025
HIGHLAND FAYRE LIMITED
Unaudited accounts
Contents
HIGHLAND FAYRE LIMITED
Company Information
for the year ended 30 June 2025
Directors
David John Phillip England
Pia Margareta England
Secretary
Figure Four Accounting Limited
Company Number
SC092814 (Scotland)
Registered Office
Unit 2, Inveralmond Industrial Estate
Ruthvenfield Road
Perth
PH1 3WB
United Kingdom
Accountants
Figure Four Accounting Limited
Milton Business Centre
Office 2, 10 Milton Street
Dundee
DD3 6QQ
HIGHLAND FAYRE LIMITED
Accountants' report
Accountants' report to the board of directors of HIGHLAND FAYRE LIMITED (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 June 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 June 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Figure Four Accounting Limited
Milton Business Centre
Office 2, 10 Milton Street
Dundee
DD3 6QQ
9 August 2025
HIGHLAND FAYRE LIMITED
Statement of financial position
as at 30 June 2025
Tangible assets
148,673
152,441
Inventories
116,143
136,092
Creditors: amounts falling due within one year
(91,584)
(281,943)
Net current assets
46,505
212,801
Total assets less current liabilities
195,678
365,742
Creditors: amounts falling due after more than one year
(3,673)
(16,848)
Net assets
192,005
348,894
Called up share capital
100
100
Profit and loss account
191,905
348,794
Shareholders' funds
192,005
348,894
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2025 and were signed on its behalf by
David John Phillip England
Director
Company Registration No. SC092814
HIGHLAND FAYRE LIMITED
Notes to the Accounts
for the year ended 30 June 2025
HIGHLAND FAYRE LIMITED is a private company, limited by shares, registered in Scotland, registration number SC092814. The registered office is Unit 2, Inveralmond Industrial Estate, Ruthvenfield Road, Perth, PH1 3WB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts have been prepared on a going concern basis.
The accounts are presented in £ sterling.
The accounts are rounded to nearest whole £.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
HIGHLAND FAYRE LIMITED
Notes to the Accounts
for the year ended 30 June 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
114,530
47,878
36,776
199,184
Additions
-
10,668
-
10,668
At 30 June 2025
114,530
58,546
36,776
209,852
At 1 July 2024
7,757
27,363
11,623
46,743
Charge for the year
2,135
6,236
6,065
14,436
At 30 June 2025
9,892
33,599
17,688
61,179
At 30 June 2025
104,638
24,947
19,088
148,673
At 30 June 2024
106,773
20,515
25,153
152,441
HIGHLAND FAYRE LIMITED
Notes to the Accounts
for the year ended 30 June 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
15,105
445
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
351,832
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
20,493
213,730
Obligations under finance leases and hire purchase contracts
3,929
3,929
Trade creditors
38,953
42,861
Amounts owed to group undertakings and other participating interests
160
-
Taxes and social security
25,549
12,572
8
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
3,673
7,603
9
Deferred taxation
2025
2024
Accelerated capital allowances
(76,674)
(98,059)
Tax losses carried forward
76,674
98,059
Capital Allowances - to write down at 18% yearly.
10
Operating lease commitments
2025
2024
At 30 June 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
3,929
3,929
Later than one year and not later than five years
3,673
7,858
HIGHLAND FAYRE LIMITED
Notes to the Accounts
for the year ended 30 June 2025
The company is owned by H England (Holdings) Limited, registered in Scotland, SC095916, and registered at Unit 2, Ruthvenfield Avenue, Inveralmond Industrial Estate, Perth, Scotland, PH1 3WB.
12
Average number of employees
During the year the average number of employees was 2 (2024: 2).