Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31No description of principal activity8The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-04-01false10truetrue SC248361 2022-04-01 2023-03-31 SC248361 2021-04-01 2022-03-31 SC248361 2023-03-31 SC248361 2022-03-31 SC248361 c:Director1 2022-04-01 2023-03-31 SC248361 c:Director2 2022-04-01 2023-03-31 SC248361 c:RegisteredOffice 2022-04-01 2023-03-31 SC248361 d:Buildings 2022-04-01 2023-03-31 SC248361 d:MotorVehicles 2022-04-01 2023-03-31 SC248361 d:MotorVehicles 2023-03-31 SC248361 d:MotorVehicles 2022-03-31 SC248361 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 SC248361 d:FurnitureFittings 2022-04-01 2023-03-31 SC248361 d:FurnitureFittings 2023-03-31 SC248361 d:FurnitureFittings 2022-03-31 SC248361 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 SC248361 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 SC248361 d:Goodwill 2023-03-31 SC248361 d:Goodwill 2022-03-31 SC248361 d:CurrentFinancialInstruments 2023-03-31 SC248361 d:CurrentFinancialInstruments 2022-03-31 SC248361 d:Non-currentFinancialInstruments 2023-03-31 SC248361 d:Non-currentFinancialInstruments 2022-03-31 SC248361 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC248361 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 SC248361 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 SC248361 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 SC248361 d:ShareCapital 2023-03-31 SC248361 d:ShareCapital 2022-03-31 SC248361 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC248361 d:RetainedEarningsAccumulatedLosses 2022-03-31 SC248361 c:OrdinaryShareClass1 2022-04-01 2023-03-31 SC248361 c:OrdinaryShareClass1 2023-03-31 SC248361 c:OrdinaryShareClass1 2022-03-31 SC248361 c:FRS102 2022-04-01 2023-03-31 SC248361 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 SC248361 c:FullAccounts 2022-04-01 2023-03-31 SC248361 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC248361










DENVIR MARKETING LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

 
DENVIR MARKETING LIMITED
 

COMPANY INFORMATION


Directors
Mrs S George 
Mr C George 




Registered number
SC248361



Registered office
Pavillion 1
Castle Craig Business Park

Players Road

Stirling

FK7 7SH




Accountants
EQ Accountants LLP
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
DENVIR MARKETING LIMITED
REGISTERED NUMBER: SC248361

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 5 
38,463
45,988

  
38,463
45,988

Current assets
  

Debtors: amounts falling due within one year
 6 
197,284
228,174

Cash at bank and in hand
  
52,015
67,991

  
249,299
296,165

Creditors: amounts falling due within one year
 7 
(174,108)
(181,186)

Net current assets
  
 
 
75,191
 
 
114,979

Total assets less current liabilities
  
113,654
160,967

Creditors: amounts falling due after more than one year
 8 
(105,735)
(151,918)

Provisions for liabilities
  

Deferred tax
  
(7,083)
(8,133)

  
 
 
(7,083)
 
 
(8,133)

Net assets
  
836
916


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
736
816

  
836
916


Page 1

 
DENVIR MARKETING LIMITED
REGISTERED NUMBER: SC248361

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

The directors consider 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 directors acknowledge their 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 on 6 June 2023.




Mrs S George
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
DENVIR MARKETING LIMITED
 

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

1.


General information

Denvir Marketing Limited is a private company limited by shares, incorporated in Scotland with registration number SC248361. The registered office is Pavillion 1, Castle Craig Business Park, Players Road, Stirling, FH7 7SH.

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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover 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 turnover 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 turnover 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.

 
2.3

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.

Page 3

 
DENVIR MARKETING LIMITED
 

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

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis.

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line
Motor vehicles
-
25%
reducing balance
Fixtures and equipment
-
25%
reducing balance

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.

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.6

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

During the year the company was in receipt of the following revenue grants in relation to the Covid-19 pandemic:
Business Interruption Payment (BIP) which is recognised when receivable.
 

Page 4

 
DENVIR MARKETING LIMITED
 

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

2.Accounting policies (continued)

 
2.7

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.

 
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 8 (2022 - 10).

Page 5

 
DENVIR MARKETING LIMITED
 

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

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2022
50,000



At 31 March 2023

50,000



Amortisation


At 1 April 2022
50,000



At 31 March 2023

50,000



Net book value



At 31 March 2023
-



At 31 March 2022
-



Page 6

 
DENVIR MARKETING LIMITED
 

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

5.


Tangible fixed assets





Motor vehicles
Fixtures and equipment
Total

£
£
£



Cost or valuation


At 1 April 2022
77,490
135,658
213,148


Additions
-
7,177
7,177


Disposals
(24,000)
-
(24,000)



At 31 March 2023

53,490
142,835
196,325



Depreciation


At 1 April 2022
45,975
121,185
167,160


Charge for the year on owned assets
7,879
5,396
13,275


Disposals
(22,573)
-
(22,573)



At 31 March 2023

31,281
126,581
157,862



Net book value



At 31 March 2023
22,209
16,254
38,463



At 31 March 2022
31,515
14,473
45,988


6.


Debtors

2023
2022
£
£


Trade debtors
104,322
137,464

Other debtors
38,563
34,728

Prepayments and accrued income
22,399
23,982

Amounts recoverable on long-term contracts
32,000
32,000

197,284
228,174


Page 7

 
DENVIR MARKETING LIMITED
 

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

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
30,000
30,000

Other loans
8,748
8,748

Trade creditors
5,154
4,153

Other taxation and social security
81,490
77,119

Obligations under finance lease and hire purchase contracts
7,435
6,680

Other creditors
11,246
7,120

Accruals and deferred income
30,035
47,366

174,108
181,186


The hire purchase and bank loan are secured by a standard security and a bond and floating charge over the assets of the company.


8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
86,145
124,893

Net obligations under finance leases and hire purchase contracts
19,590
27,025

105,735
151,918


The hire purchase and bank loan are secured by a standard security and a bond and floating charge over the assets of the company.


9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100



Page 8