DUNCARE LIMITED

Company Registration Number:
SC143116 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

DUNCARE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Additional notes
Balance sheet notes

DUNCARE LIMITED

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,329,536 2,365,925
Total fixed assets: 2,329,536 2,365,925
Current assets
Stocks: 4 2,119 2,119
Debtors: 5 1,885,593 1,057,406
Cash at bank and in hand: 183,885 567,150
Total current assets: 2,071,597 1,626,675
Creditors: amounts falling due within one year: 6 ( 365,009 ) ( 265,129 )
Net current assets (liabilities): 1,706,588 1,361,546
Total assets less current liabilities: 4,036,124 3,727,471
Provision for liabilities: ( 421,749 ) ( 431,794 )
Total net assets (liabilities): 3,614,375 3,295,677
Capital and reserves
Called up share capital: 3,500,213 3,500,213
Share premium account: 1,790,770 1,790,770
Other reserves: 2,513,755 2,513,755
Profit and loss account: (4,190,363 ) (4,509,061 )
Total Shareholders' funds: 3,614,375 3,295,677

The notes form part of these financial statements

DUNCARE LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 18 October 2023
and signed on behalf of the board by:

Name: Ewan G Findlay
Status: Director

The notes form part of these financial statements

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goodsand provision of services in the ordinary course of the company’s activities. Turnover is shown net ofsales/value added tax, returns, rebates and discounts.The company recognises revenue when:The amount of revenue can be reliably measured;it is probable that future economic benefits will flow to the entity;and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisitionand installation.Depreciation is charged so as to write off the cost of assets, other than land and properties underconstruction over their estimated useful lives, as follows:Land and Buildings 1% straight linePlant and Machinery 15% straight lineMotor Vehicles 25% straight lineFixtures and Fittings 15% straight lineOffice Equipment 20% straight line

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 69 69

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 2,314,007 826,270 16,990 3,157,267
Additions 11,668 11,668
Disposals
Revaluations
Transfers
At 31 March 2023 2,314,007 837,938 16,990 3,168,935
Depreciation
At 1 April 2022 59,262 715,090 16,990 791,342
Charge for year 3,238 44,819 48,057
On disposals
Other adjustments
At 31 March 2023 62,500 759,909 16,990 839,399
Net book value
At 31 March 2023 2,251,507 78,029 0 2,329,536
At 31 March 2022 2,254,745 111,180 0 2,365,925

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Stocks

2023 2022
£ £
Stocks 2,119 2,119
Total 2,119 2,119

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors

2023 2022
£ £
Trade debtors 331,319 111,442
Prepayments and accrued income 14,872
Other debtors 1,539,402 945,964
Total 1,885,593 1,057,406

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 40,913 67,144
Taxation and social security 105,438 109,106
Accruals and deferred income 166,036 31,928
Other creditors 52,622 56,951
Total 365,009 265,129