IRIS Accounts Production v23.2.0.158 SC258277 director 1.2.22 31.1.23 31.1.23 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC2582772022-01-31SC2582772023-01-31SC2582772022-02-012023-01-31SC2582772021-01-31SC2582772021-02-012022-01-31SC2582772022-01-31SC258277ns16:Scotland2022-02-012023-01-31SC258277ns15:PoundSterling2022-02-012023-01-31SC258277ns11:Director12022-02-012023-01-31SC258277ns11:PrivateLimitedCompanyLtd2022-02-012023-01-31SC258277ns11:SmallEntities2022-02-012023-01-31SC258277ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-31SC258277ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-31SC258277ns11:FullAccounts2022-02-012023-01-31SC258277ns11:OrdinaryShareClass12022-02-012023-01-31SC258277ns11:OrdinaryShareClass22022-02-012023-01-31SC258277ns11:OrdinaryShareClass32022-02-012023-01-31SC258277ns11:RegisteredOffice2022-02-012023-01-31SC258277ns6:CurrentFinancialInstruments2023-01-31SC258277ns6:CurrentFinancialInstruments2022-01-31SC258277ns6:Non-currentFinancialInstruments2023-01-31SC258277ns6:Non-currentFinancialInstruments2022-01-31SC258277ns6:ShareCapital2023-01-31SC258277ns6:ShareCapital2022-01-31SC258277ns6:RetainedEarningsAccumulatedLosses2023-01-31SC258277ns6:RetainedEarningsAccumulatedLosses2022-01-31SC258277ns6:LandBuildings2022-02-012023-01-31SC258277ns6:PlantMachinery2022-02-012023-01-31SC258277ns6:LandBuildings2022-01-31SC258277ns6:PlantMachinery2022-01-31SC258277ns6:LandBuildings2023-01-31SC258277ns6:PlantMachinery2023-01-31SC258277ns6:LandBuildings2022-01-31SC258277ns6:PlantMachinery2022-01-31SC258277ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-31SC258277ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-31SC258277ns6:Secured2023-01-31SC258277ns6:Secured2022-01-31SC258277ns11:OrdinaryShareClass12023-01-31SC258277ns11:OrdinaryShareClass22023-01-31SC258277ns11:OrdinaryShareClass32023-01-31
REGISTERED NUMBER: SC258277 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

DARROCH NURSING HOME LIMITED

DARROCH NURSING HOME LIMITED (REGISTERED NUMBER: SC258277)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DARROCH NURSING HOME LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: J J Shanks



REGISTERED OFFICE: 17 Darroch Way
Seafar
Cumbernauld
Glasgow
G67 1PZ



REGISTERED NUMBER: SC258277 (Scotland)



ACCOUNTANTS: Cornerstone Accountants
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ



BANKERS: The Royal Bank of Scotland plc
Cumbernauld Branch
1 Roadside Village
Cumbernauld
Glasgow
G67 2SS

DARROCH NURSING HOME LIMITED (REGISTERED NUMBER: SC258277)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,073,070 1,118,323

CURRENT ASSETS
Debtors 5 99,198 85,972
Cash at bank and in hand 155,305 120,162
254,503 206,134
CREDITORS
Amounts falling due within one year 6 128,603 138,626
NET CURRENT ASSETS 125,900 67,508
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,198,970

1,185,831

CREDITORS
Amounts falling due after more than one
year

7

(360,213

)

(407,130

)

PROVISIONS FOR LIABILITIES (7,439 ) (12,623 )
NET ASSETS 831,318 766,078

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 831,218 765,978
SHAREHOLDERS' FUNDS 831,318 766,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DARROCH NURSING HOME LIMITED (REGISTERED NUMBER: SC258277)

BALANCE SHEET - continued
31 JANUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 September 2023 and were signed by:





J J Shanks - Director


DARROCH NURSING HOME LIMITED (REGISTERED NUMBER: SC258277)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Darroch Nursing Home Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on a straight line basis
Plant and machinery etc - 33% on a straight line basis, 25% on a reducing balance basis and 15% on a reducing balance basis

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 58 (2022 - 57 ) .

DARROCH NURSING HOME LIMITED (REGISTERED NUMBER: SC258277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2022 1,451,853 380,886 1,832,739
Additions - 1,796 1,796
At 31 January 2023 1,451,853 382,682 1,834,535
DEPRECIATION
At 1 February 2022 421,927 292,489 714,416
Charge for year 29,037 18,012 47,049
At 31 January 2023 450,964 310,501 761,465
NET BOOK VALUE
At 31 January 2023 1,000,889 72,181 1,073,070
At 31 January 2022 1,029,926 88,397 1,118,323

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 93,462 81,545
Other debtors 5,736 4,427
99,198 85,972

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 53,342 53,342
Trade creditors 15,005 9,545
Taxation and social security 47,641 45,052
Other creditors 12,615 30,687
128,603 138,626

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 360,213 407,130

DARROCH NURSING HOME LIMITED (REGISTERED NUMBER: SC258277)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 413,555 460,472

The bank loan and overdraft facility's are secured by a bond and floating charge over the assets of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
80 Ordinary A £1 80 80
10 Ordinary B £1 10 10
10 Ordinary C £1 10 10
100 100