1 July 2025 false Taxfiler 2024.6 SC092814 business:PrivateLimitedCompanyLtd 2025-07-01 2026-03-31 SC092814 2025-06-30 SC092814 2025-07-01 2026-03-31 SC092814 business:AuditExemptWithAccountantsReport 2025-07-01 2026-03-31 SC092814 business:FilletedAccounts 2025-07-01 2026-03-31 SC092814 2026-03-31 SC092814 business:Director1 2025-07-01 2026-03-31 SC092814 business:Director2 2025-07-01 2026-03-31 SC092814 business:CompanySecretary1 2025-07-01 2026-03-31 SC092814 business:RegisteredOffice 2025-07-01 2026-03-31 SC092814 2025-06-30 SC092814 core:WithinOneYear 2026-03-31 SC092814 core:WithinOneYear 2025-06-30 SC092814 core:AfterOneYear 2026-03-31 SC092814 core:AfterOneYear 2025-06-30 SC092814 core:ShareCapital core:PreviouslyStatedAmount 2026-03-31 SC092814 core:ShareCapital core:PreviouslyStatedAmount 2025-06-30 SC092814 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2026-03-31 SC092814 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-06-30 SC092814 core:PreviouslyStatedAmount 2026-03-31 SC092814 core:PreviouslyStatedAmount 2025-06-30 SC092814 business:SmallEntities 2025-07-01 2026-03-31 SC092814 countries:Scotland 2025-07-01 2026-03-31 SC092814 core:LandBuildings 2025-07-01 2026-03-31 SC092814 core:PlantMachinery 2025-07-01 2026-03-31 SC092814 core:MotorVehicles 2025-07-01 2026-03-31 SC092814 core:ComputerEquipment 2025-07-01 2026-03-31 SC092814 core:IntangibleAssetsOtherThanGoodwill 2025-06-30 SC092814 core:IntangibleAssetsOtherThanGoodwill 2026-03-31 SC092814 core:LandBuildings 2025-06-30 SC092814 core:PlantMachinery 2025-06-30 SC092814 core:MotorVehicles 2025-06-30 SC092814 core:LandBuildings 2026-03-31 SC092814 core:PlantMachinery 2026-03-31 SC092814 core:MotorVehicles 2026-03-31 SC092814 core:BetweenOneFiveYears 2026-03-31 SC092814 core:BetweenOneFiveYears 2025-06-30 SC092814 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure
Company Registration No. SC092814 (Scotland)
HIGHLAND FAYRE LIMITED Unaudited accounts for the period from 1 July 2025 to 31 March 2026
HIGHLAND FAYRE LIMITED Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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HIGHLAND FAYRE LIMITED Company Information for the period from 1 July 2025 to 31 March 2026
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
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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 period from 1 July 2025 to 31 March 2026.
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 period from 1 July 2025 to 31 March 2026. 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 26 July 2026
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HIGHLAND FAYRE LIMITED Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Intangible assets
4
500
500
Tangible assets
5
154,099
148,673
154,599
149,173
Current assets
Inventories
120,003
116,143
Debtors
6
41,079
21,946
161,082
138,089
Creditors: amounts falling due within one year
7
(79,506)
(91,584)
Net current assets
81,576
46,505
Total assets less current liabilities
236,175
195,678
Creditors: amounts falling due after more than one year
8
-
(3,673)
Net assets
236,175
192,005
Capital and reserves
Called up share capital
100
100
Profit and loss account
236,075
191,905
Shareholders' funds
236,175
192,005
For the period ending 31 March 2026 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 7 August 2026 and were signed on its behalf by
David John Phillip England Director Company Registration No. SC092814
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HIGHLAND FAYRE LIMITED Notes to the Accounts for the period from 1 July 2025 to 31 March 2026
1
Statutory information
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
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.
Presentation currency
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:
Land & buildings
2%
Plant & machinery
20%
Motor vehicles
20%
Computer equipment
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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 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
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.
Financial instruments
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.
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HIGHLAND FAYRE LIMITED Notes to the Accounts for the period from 1 July 2025 to 31 March 2026
Leased assets
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 taxation
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
£
Cost
At 1 July 2025
500
At 31 March 2026
500
Amortisation
At 1 July 2025
-
At 31 March 2026
-
Net book value
At 31 March 2026
500
At 30 June 2025
500
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 July 2025
114,530
58,546
36,776
209,852
Additions
10,713
5,541
-
16,254
At 31 March 2026
125,243
64,087
36,776
226,106
Depreciation
At 1 July 2025
9,892
33,599
17,688
61,179
Charge for the period
1,602
4,677
4,549
10,828
At 31 March 2026
11,494
38,276
22,237
72,007
Net book value
At 31 March 2026
113,749
25,811
14,539
154,099
At 30 June 2025
104,638
24,947
19,088
148,673
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HIGHLAND FAYRE LIMITED Notes to the Accounts for the period from 1 July 2025 to 31 March 2026
6
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
-
6,475
Trade debtors
4,659
366
Amounts due from group undertakings etc.
36,420
15,105
41,079
21,946
7
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
16,270
20,493
VAT
5,211
-
Obligations under finance leases and hire purchase contracts
4,328
3,929
Trade creditors
53,466
38,953
Amounts owed to group undertakings and other participating interests
329
160
Taxes and social security
-
25,549
Accruals
(98)
2,500
79,506
91,584
8
Creditors: amounts falling due after more than one year
2026
2025
£
£
Obligations under finance leases and hire purchase contracts
-
3,673
9
Operating lease commitments
2026
2025
£
£
At 31 March 2026 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
Later than one year and not later than five years
-
3,673
-
7,602
10
Controlling party
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.
11
Average number of employees
During the period the average number of employees was 2 (2025: 2).
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