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REGISTERED NUMBER: SC241948 (Scotland)












Financial Statements

for the Year Ended 28 February 2023

for

E Davidson Limited

E Davidson Limited (Registered number: SC241948)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


E Davidson Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: M I Links





SECRETARY: M I Links





REGISTERED OFFICE: Kirkstone House
37 Kirkvale Drive
Newton Mearns
Glasgow
G77 5HQ





REGISTERED NUMBER: SC241948 (Scotland)





ACCOUNTANTS: O'Haras Chartered Accountants
Radleigh House
1 Golf Road
Clarkston
Glasgow
G76 7HU

E Davidson Limited (Registered number: SC241948)

Statement of Financial Position
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 31 37

CURRENT ASSETS
Debtors 5 34,685 35,170
Cash at bank 1,653 16,036
36,338 51,206
CREDITORS
Amounts falling due within one year 6 18,255 27,031
NET CURRENT ASSETS 18,083 24,175
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,114

24,212

PROVISIONS FOR LIABILITIES 7 - 7
NET ASSETS 18,114 24,205

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 18,014 24,105
SHAREHOLDERS' FUNDS 18,114 24,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 18 October 2023 and were signed by:




M I Links - Director


E Davidson Limited (Registered number: SC241948)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

E Davidson 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.

Going concern
The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will be met as they fall due over a period of at least 12 months from the approval date of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue
Turnover represents the amounts derived from the provision of financial services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

E Davidson Limited (Registered number: SC241948)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£   
COST
At 1 March 2022
and 28 February 2023 686
DEPRECIATION
At 1 March 2022 649
Charge for year 6
At 28 February 2023 655
NET BOOK VALUE
At 28 February 2023 31
At 28 February 2022 37

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 34,685 35,170

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 15,515 19,053
Taxation and social security - 683
Other creditors 2,740 7,295
18,255 27,031

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax - 7

Deferred
tax
£   
Balance at 1 March 2022 7
Credit to Income Statement during year (7 )
Balance at 28 February 2023 -

E Davidson Limited (Registered number: SC241948)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100