REGISTERED NUMBER: |
D.R. Collin Scotland Limited |
Audited Financial Statements |
for the Year Ended 30th April 2023 |
REGISTERED NUMBER: |
D.R. Collin Scotland Limited |
Audited Financial Statements |
for the Year Ended 30th April 2023 |
D.R. Collin Scotland Limited (Registered number: SC405788) |
Contents of the Financial Statements |
for the year ended 30th April 2023 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 3 | to | 4 |
D.R. Collin Scotland Limited |
Company Information |
for the year ended 30th April 2023 |
Directors: |
Secretary: |
Registered office: |
Registered number: |
Auditors: |
Academy House |
Shedden Park Road |
Kelso |
Roxburghshire |
TD5 7AL |
D.R. Collin Scotland Limited (Registered number: SC405788) |
Balance Sheet |
30th April 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investments | 4 |
120,000 | 120,000 |
Current assets |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current assets/(liabilities) | ( |
) |
Total assets less current liabilities |
Capital and reserves |
Called up share capital |
Retained earnings |
Shareholders' funds |
In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
D.R. Collin Scotland Limited (Registered number: SC405788) |
Notes to the Financial Statements |
for the year ended 30th April 2023 |
1. | Statutory information |
D.R. Collin Scotland Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost less impairment. |
Financial instruments |
The following assets and liabilities are classified as financial instruments - trade creditors, current accounts with related parties and accruals. |
Trade creditors, current accounts with related parties and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. |
Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings. |
Provisions |
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis. |
Going concern |
The directors have considered the company's financial position for a period of 12 months from the date of signing these financial statements and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements. |
3. | Employees and directors |
The average number of employees during the year was NIL (2022 - NIL). |
4. | Fixed asset investments |
Shares in |
group |
undertakin |
£ |
Cost |
At 1st May 2022 |
and 30th April 2023 |
Net book value |
At 30th April 2023 |
At 30th April 2022 |
D.R. Collin Scotland Limited (Registered number: SC405788) |
Notes to the Financial Statements - continued |
for the year ended 30th April 2023 |
5. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Other creditors |
6. | Disclosure under Section 444(5B) of the Companies Act 2006 |
The Report of the auditors was unqualified. |
for and on behalf of |
7. | Name of parent of group |
These financial statements are consolidated in the financial statements of D. R. Collin & Son Ltd. The registered office of D. R. Collin & Son Ltd is Unit 1, Coldingham Road Industrial Estate, Eyemouth, Berwickshire, TD14 5AN. |