ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

CALDHAME SUSTAINABLE DEVELOPMENT LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2020-12-312020-12-312021-05-05truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2020-01-30Property development3 SC653080 2020-01-29 SC653080 2020-01-30 2020-12-31 SC653080 2019-01-01 2020-01-29 SC653080 2020-12-31 SC653080 c:Director1 2020-01-30 2020-12-31 SC653080 c:Director1 2020-12-31 SC653080 c:Director2 2020-01-30 2020-12-31 SC653080 c:Director2 2020-12-31 SC653080 c:Director3 2020-01-30 2020-12-31 SC653080 c:Director3 2020-12-31 SC653080 c:RegisteredOffice 2020-01-30 2020-12-31 SC653080 d:CurrentFinancialInstruments 2020-12-31 SC653080 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 SC653080 d:ShareCapital 2020-12-31 SC653080 d:RetainedEarningsAccumulatedLosses 2020-12-31 SC653080 c:FRS102 2020-01-30 2020-12-31 SC653080 c:AuditExempt-NoAccountantsReport 2020-01-30 2020-12-31 SC653080 c:FullAccounts 2020-01-30 2020-12-31 SC653080 c:PrivateLimitedCompanyLtd 2020-01-30 2020-12-31 iso4217:GBP xbrli:pure
Registered number: SC653080










CALDHAME SUSTAINABLE DEVELOPMENT LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2020
 
CALDHAME SUSTAINABLE DEVELOPMENT LIMITED
 

COMPANY INFORMATION


DIRECTORS
J McWilliam (appointed 30 January 2020)
K McWilliam (appointed 30 January 2020)
A McWilliam-Strasser (appointed 30 January 2020)




REGISTERED NUMBER
SC653080



REGISTERED OFFICE
Westby
64 West High Street

Forfar

Angus

DD8 1BJ




ACCOUNTANTS
EQ Accountants LLP
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ




 
CALDHAME SUSTAINABLE DEVELOPMENT LIMITED
REGISTERED NUMBER: SC653080

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2020

2020
£

  

CURRENT ASSETS
  

Stocks
  
88,000

  
88,000

Creditors: amounts falling due within one year
  
(88,500)

NET CURRENT (LIABILITIES)/ASSETS
  
 
 
(500)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(500)

  

NET (LIABILITIES)/ASSETS
  
(500)


CAPITAL AND RESERVES
  

Called up share capital 
  
100

Profit and loss account
  
(600)

  
(500)


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 5 May 2021.




J McWilliam
Director

The notes on page 2 form part of these financial statements.

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CALDHAME SUSTAINABLE DEVELOPMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2020

1.


GENERAL INFORMATION

Caldhame Sustainable Development Limited is a private company, limited by shares, incorporated in Scotland with registration number SC653080. The registered office is Westby, 64 West High Street, Forfar, United Kingdom, DD8 1BJ and principal place of business is Haughhead Farm, Laurencekirk, Aberdeen, AB30 1ED.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

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 outbasis. Work in progress and finished goods include labour and attributable overheads.

At each reporting 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.

 
2.3

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the period was 3.


4.


CREDITORS: Amounts falling due within one year

2020
£

Other creditors
87,900

Accruals and deferred income
600

88,500



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