Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-312022-09-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC637838 2022-09-01 2023-08-31 SC637838 2021-09-01 2022-08-31 SC637838 2023-08-31 SC637838 2022-08-31 SC637838 c:Director1 2022-09-01 2023-08-31 SC637838 c:RegisteredOffice 2022-09-01 2023-08-31 SC637838 d:MotorVehicles 2022-09-01 2023-08-31 SC637838 d:MotorVehicles 2023-08-31 SC637838 d:MotorVehicles 2022-08-31 SC637838 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 SC637838 d:OfficeEquipment 2022-09-01 2023-08-31 SC637838 d:OfficeEquipment 2023-08-31 SC637838 d:OfficeEquipment 2022-08-31 SC637838 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 SC637838 d:ComputerEquipment 2022-09-01 2023-08-31 SC637838 d:ComputerEquipment 2023-08-31 SC637838 d:ComputerEquipment 2022-08-31 SC637838 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 SC637838 d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 SC637838 d:CurrentFinancialInstruments 2023-08-31 SC637838 d:CurrentFinancialInstruments 2022-08-31 SC637838 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 SC637838 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 SC637838 d:ShareCapital 2023-08-31 SC637838 d:ShareCapital 2022-08-31 SC637838 d:RetainedEarningsAccumulatedLosses 2023-08-31 SC637838 d:RetainedEarningsAccumulatedLosses 2022-08-31 SC637838 c:OrdinaryShareClass1 2022-09-01 2023-08-31 SC637838 c:OrdinaryShareClass1 2023-08-31 SC637838 c:OrdinaryShareClass1 2022-08-31 SC637838 c:FRS102 2022-09-01 2023-08-31 SC637838 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 SC637838 c:FullAccounts 2022-09-01 2023-08-31 SC637838 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC637838










DQR ENGINEERING LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

 
DQR ENGINEERING LTD
 

COMPANY INFORMATION


Director
Mr D W Hynd 




Registered number
SC637838



Registered office
Hawthornbank
14 Braehead

Bo'Ness

Scotland

EH51 9DN




Accountants
EQ Accountants LLP
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
DQR ENGINEERING LTD
REGISTERED NUMBER: SC637838

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 4 
19,451
23,895

  
19,451
23,895

Current assets
  

Debtors: amounts falling due within one year
 5 
11,831
-

Bank and cash balances
  
108,368
94,234

  
120,199
94,234

Creditors: amounts falling due within one year
 6 
(33,394)
(23,376)

Net current assets
  
 
 
86,805
 
 
70,858

Total assets less current liabilities
  
106,256
94,753

Provisions for liabilities
  

Deferred tax
  
(4,863)
(4,540)

  
 
 
(4,863)
 
 
(4,540)

Net assets
  
101,393
90,213


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
101,293
90,113

  
101,393
90,213


Page 1

 
DQR ENGINEERING LTD
REGISTERED NUMBER: SC637838

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2023

The director considers 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 director acknowledges his 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 by: 




Mr D W Hynd
Director

Date: 13 October 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
DQR ENGINEERING LTD
 

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

1.


General information

DQR Engineering Limited is a private company, limited by shares, incorporated in Scotland with registration number SC637838.  The registered office is Hawthornbank, 14 Braehead, Bo'Ness, Scotland, EH51 9DN.
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 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

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.  Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

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.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
DQR ENGINEERING LTD
 

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

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.6

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance
Office equipment
-
33%
straight line
Computer equipment
-
33%
straight line

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.

Page 4

 
DQR ENGINEERING LTD
 

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

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
DQR ENGINEERING LTD
 

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

4.


Tangible fixed assets





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 September 2022
27,500
-
5,122
32,622


Additions
-
1,530
1,145
2,675



At 31 August 2023

27,500
1,530
6,267
35,297



Depreciation


At 1 September 2022
5,157
-
3,570
8,727


Charge for the year on owned assets
5,586
63
1,470
7,119



At 31 August 2023

10,743
63
5,040
15,846



Net book value



At 31 August 2023
16,757
1,467
1,227
19,451



At 31 August 2022
22,343
-
1,552
23,895


5.


Debtors

2023
2022
£
£


Trade debtors
11,700
-

Prepayments and accrued income
131
-

11,831
-



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
29,002
19,703

Other creditors
4,174
3,454

Accruals and deferred income
218
219

33,394
23,376


Page 6

 
DQR ENGINEERING LTD
 

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

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



Page 7