Caseware UK (AP4) 2024.0.164 2024.0.164 2025-11-28 2025-11-28 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true 2024-11-29 false Investment properties 2 2 SC063546 2024-11-29 2025-11-28 SC063546 2023-11-29 2024-11-28 SC063546 2025-11-28 SC063546 2024-11-28 SC063546 c:Director2 2024-11-29 2025-11-28 SC063546 c:Director3 2024-11-29 2025-11-28 SC063546 c:RegisteredOffice 2024-11-29 2025-11-28 SC063546 c:Agent1 2024-11-29 2025-11-28 SC063546 d:MotorVehicles 2024-11-29 2025-11-28 SC063546 d:MotorVehicles 2025-11-28 SC063546 d:MotorVehicles 2024-11-28 SC063546 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-11-29 2025-11-28 SC063546 d:FreeholdInvestmentProperty 2025-11-28 SC063546 d:FreeholdInvestmentProperty 2024-11-28 SC063546 d:CurrentFinancialInstruments 2025-11-28 SC063546 d:CurrentFinancialInstruments 2024-11-28 SC063546 d:CurrentFinancialInstruments d:WithinOneYear 2025-11-28 SC063546 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-28 SC063546 d:ShareCapital 2025-11-28 SC063546 d:ShareCapital 2024-11-28 SC063546 d:RevaluationReserve 2025-11-28 SC063546 d:RevaluationReserve 2024-11-28 SC063546 d:RetainedEarningsAccumulatedLosses 2025-11-28 SC063546 d:RetainedEarningsAccumulatedLosses 2024-11-28 SC063546 c:OrdinaryShareClass1 2024-11-29 2025-11-28 SC063546 c:OrdinaryShareClass1 2025-11-28 SC063546 c:OrdinaryShareClass1 2024-11-28 SC063546 c:OrdinaryShareClass2 2024-11-29 2025-11-28 SC063546 c:OrdinaryShareClass2 2025-11-28 SC063546 c:OrdinaryShareClass2 2024-11-28 SC063546 c:FRS102 2024-11-29 2025-11-28 SC063546 c:AuditExempt-NoAccountantsReport 2024-11-29 2025-11-28 SC063546 c:FullAccounts 2024-11-29 2025-11-28 SC063546 c:PrivateLimitedCompanyLtd 2024-11-29 2025-11-28 SC063546 4 2024-11-29 2025-11-28 SC063546 e:PoundSterling 2024-11-29 2025-11-28 iso4217:GBP xbrli:shares xbrli:pure

Registered number: SC063546 HARRY EMSLIE FARMERS LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 NOVEMBER 2025
HARRY EMSLIE FARMERS LIMITED COMPANY INFORMATION
DIRECTORS | H J Emslie
| J M Service
REGISTERED NUMBER | SC063546
REGISTERED OFFICE | Brae of Coynach
| Mintlaw
| Peterhead
| Aberdeenshire
| AB42 5DD
ACCOUNTANTS | EQ Accountants Limited
| Chartered Accountants
| Westby
| 64 West High Street
| Forfar
| Angus
| DD8 1BJ
SOLICITORS | Masson Glennie LLP
| Broad House
| Broad Street
| Peterhead
| AB42 1HY
HARRY EMSLIE FARMERS LIMITED REGISTERED NUMBER: SC063546 STATEMENT OF FINANCIAL POSITION AS AT 28 NOVEMBER 2025
|  | 2025 |  | 2024
|  | £ |  | £
FIXED ASSETS |  |  |  |  |
Tangible assets | 4 |  | 9,773 |  | 22,396
Investments | 5 |  | 9,011 |  | 9,011
Investment property | 6 |  | 3,204,002 |  | 3,204,002
|  |  | 3,222,786 |  | 3,235,409
CURRENT ASSETS |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 1,592,757 |  | 1,457,214 |
Cash at bank and in hand |  | 25,691 |  | 144,970 |
|  | 1,618,448 |  | 1,602,184 |
Creditors: amounts falling due within one year | 8 | (826,154) |  | (827,851) |
NET CURRENT ASSETS |  |  | 792,294 |  | 774,333
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 4,015,080 |  | 4,009,742
PROVISIONS FOR LIABILITIES |  |  |  |  |
Deferred tax |  | (246,760) |  | (409,126) |
|  |  | (246,760) |  | (409,126)
NET ASSETS |  |  | 3,768,320 |  | 3,600,616
CAPITAL AND RESERVES |  |  |  |  |
Called up share capital | 9 |  | 53,000 |  | 53,000
Revaluation reserve |  |  | 3,072,260 |  | 3,072,260
Profit and loss account |  |  | 643,060 |  | 475,356
|  |  | 3,768,320 |  | 3,600,616
Page 1
HARRY EMSLIE FARMERS LIMITED REGISTERED NUMBER: SC063546 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 28 NOVEMBER 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 year 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 11 June 2026.
H J Emslie
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
HARRY EMSLIE FARMERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 NOVEMBER 2025
1. | GENERAL INFORMATION
Harry Emslie Farmers Limited is a private company, limited by shares, incorporated in Scotland with the registration number SC063546. The registered office is Brae of Coynach, Mintlaw, Peterhead, Aberdeenshire, AB42 5DD. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and 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 | TURNOVER
Turnover 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. 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 revenue is recognised: 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 revenue 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 | EXCEPTIONAL ITEMS
Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.
| 2.4 | 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. Page 3
HARRY EMSLIE FARMERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 NOVEMBER 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.4 | TANGIBLE FIXED ASSETS (CONTINUED)
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:
|  |  |  | Motor vehicles | - | 25% | 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.
| 2.5 | INVESTMENT PROPERTY
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
| 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. | EMPLOYEES
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
Page 4
HARRY EMSLIE FARMERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 NOVEMBER 2025
4. | TANGIBLE FIXED ASSETS
|  | Motor vehicles
|  | £
| COST OR VALUATION |
| At 29 November 2024 | 80,651
| Disposals | (39,465)
| At 28 November 2025 | 41,186
| DEPRECIATION |
| At 29 November 2024 | 58,255
| Charge for the year on financed assets | 3,258
| Disposals | (30,100)
| At 28 November 2025 | 31,413
| NET BOOK VALUE |
| At 28 November 2025 | 9,773
| At 28 November 2024 | 22,396
5. | FIXED ASSET INVESTMENTS
|  | Unlisted investments
|  | £
| COST OR VALUATION |
| At 29 November 2024 | 9,011
| At 28 November 2025 | 9,011
Page 5
HARRY EMSLIE FARMERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 NOVEMBER 2025
6. | INVESTMENT PROPERTY
|  | Freehold investment property
|  | £
| VALUATION |
| At 29 November 2024 | 3,204,002
| AT 28 NOVEMBER 2025 | 3,204,002
The 2025 valuations were made by the directors, on an open market value for existing use basis.
| If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 516,624 | 516,624
|  | 516,624 | 516,624
7. | DEBTORS
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by joint ventures and associated undertakings | 1,483,532 | 1,413,761
| Other debtors | 109,225 | 43,453
|  | 1,592,757 | 1,457,214
| Included within other debtors due within one year is a loan to Mr H Emslie, a director, amounting to £44,079 (2024 - £32,488). Amounts repaid during the year totalled £0.
Page 6
HARRY EMSLIE FARMERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 NOVEMBER 2025
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 25,636 | 14,229
| Other taxation and social security | 59,806 | 53,517
| Obligations under finance lease and hire purchase contracts | 13,159 | 37,322
| Other creditors | 716,183 | 716,183
| Accruals and deferred income | 11,370 | 6,600
|  | 826,154 | 827,851
| Hire purchase liabilities are secured over the assets to which they relate.
Page 7
HARRY EMSLIE FARMERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 NOVEMBER 2025
9. | SHARE CAPITAL
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | ALLOTTED, CALLED UP AND FULLY PAID |  |
|  | 50,000 (2024 - 50,000) Ordinary Shares shares of £1.00 each | 50,000 | 50,000
|  | 3,000 (2024 - 3,000) Ordinary A Shares shares of £1.00 each | 3,000 | 3,000
|  |  | 53,000 | 53,000
Page 8