ACCOUNTS - Final Accounts preparation

CALDHAME SUSTAINABLE DEVELOPMENT LIMITED - Company Information

Caseware UK (AP4) 2021.0.152 2021.0.152 2022-12-312022-12-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.33truefalse2022-01-01true SC653080 2022-01-01 2022-12-31 SC653080 2021-01-01 2021-12-31 SC653080 2022-12-31 SC653080 2021-12-31 SC653080 c:Director1 2022-01-01 2022-12-31 SC653080 c:Director2 2022-01-01 2022-12-31 SC653080 c:Director3 2022-01-01 2022-12-31 SC653080 c:RegisteredOffice 2022-01-01 2022-12-31 SC653080 d:CurrentFinancialInstruments 2022-12-31 SC653080 d:CurrentFinancialInstruments 2021-12-31 SC653080 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 SC653080 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 SC653080 d:ShareCapital 2022-12-31 SC653080 d:ShareCapital 2021-12-31 SC653080 d:RetainedEarningsAccumulatedLosses 2022-12-31 SC653080 d:RetainedEarningsAccumulatedLosses 2021-12-31 SC653080 c:FRS102 2022-01-01 2022-12-31 SC653080 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 SC653080 c:FullAccounts 2022-01-01 2022-12-31 SC653080 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: SC653080

CALDHAME SUSTAINABLE DEVELOPMENT LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

CALDHAME SUSTAINABLE DEVELOPMENT LIMITED

COMPANY INFORMATION

DIRECTORS	J McWilliam
	K McWilliam
	A McWilliam-Strasser


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 2022

		2022		2021
		£		£


CURRENT ASSETS
Stocks		101,911		92,930
		101,911		92,930
Creditors: amounts falling due within one year	4	(103,611)		(94,030)
NET CURRENT LIABILITIES			(1,700)		(1,100)
TOTAL ASSETS LESS CURRENT LIABILITIES			(1,700)		(1,100)

NET LIABILITIES			(1,700)		(1,100)

CAPITAL AND RESERVES
Called up share capital	100	100
Profit and loss account	(1,800)	(1,200)
	(1,700)	(1,100)

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 5 April 2023.

J McWilliam

Director

The notes on pages 2 to 3 form part of these financial statements.

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CALDHAME SUSTAINABLE DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

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.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

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

GOING CONCERN

The accounts have been prepared under the going concern basis. The company has net liabilities and is dependent on the continued support of the directors. The directors have confirmed that they will continue to provide support for the foreseeable future.

2.3

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 out basis. 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.

2.4

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.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 3 (2021 - 3).

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CALDHAME SUSTAINABLE DEVELOPMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

4.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2022	2021
		£	£

Other creditors	103,011	93,430
Accruals and deferred income	600	600
	103,611	94,030

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