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REGISTERED NUMBER: SC419281 (Scotland)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

D & J Campbell Limited

D & J Campbell Limited (Registered number: SC419281)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D & J Campbell Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: I J Campbell





SECRETARY:





REGISTERED OFFICE: 1 Blackcrofts
North Connel
Argyll
PA37 1QX





REGISTERED NUMBER: SC419281 (Scotland)





ACCOUNTANTS: Jean Ainsley. CA
Ainsley Smith & Co
Chartered Accountants
21 Argyll Square
Oban
Argyll
PA34 4AT

D & J Campbell Limited (Registered number: SC419281)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 199,995 -
Tangible assets 5 3,288,739 2,609,032
3,488,734 2,609,032

CURRENT ASSETS
Stocks 10,460 3,950
Debtors 6 633,107 694,536
Cash at bank 327,721 354,434
971,288 1,052,920
CREDITORS
Amounts falling due within one year 7 1,673,434 918,828
NET CURRENT (LIABILITIES)/ASSETS (702,146 ) 134,092
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,786,588

2,743,124

CREDITORS
Amounts falling due after more than one
year

8

(279,745

)

(457,116

)

PROVISIONS FOR LIABILITIES (189,634 ) (189,634 )
NET ASSETS 2,317,209 2,096,374

CAPITAL AND RESERVES
Called up share capital 200,100 200,100
Retained earnings 2,117,109 1,896,274
2,317,209 2,096,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

D & J Campbell Limited (Registered number: SC419281)

Balance Sheet - continued
31 July 2023


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 5 April 2024 and were signed by:





I J Campbell - Director


D & J Campbell Limited (Registered number: SC419281)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

D & J Campbell 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

D & J Campbell Limited (Registered number: SC419281)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 199,995
At 31 July 2023 199,995
NET BOOK VALUE
At 31 July 2023 199,995

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2022 1,313,798 3,107,758 4,421,556
Additions - 1,524,692 1,524,692
Disposals - (223,500 ) (223,500 )
At 31 July 2023 1,313,798 4,408,950 5,722,748
DEPRECIATION
At 1 August 2022 70,730 1,741,794 1,812,524
Charge for year 24,860 596,625 621,485
At 31 July 2023 95,590 2,338,419 2,434,009
NET BOOK VALUE
At 31 July 2023 1,218,208 2,070,531 3,288,739
At 31 July 2022 1,243,068 1,365,964 2,609,032

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 624,886 690,482
Other debtors 8,221 4,054
633,107 694,536

D & J Campbell Limited (Registered number: SC419281)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Hire purchase contracts 199,779 157,767
Trade creditors 148,528 143,565
Taxation and social security 155,843 101,002
Other creditors 1,169,284 516,494
1,673,434 918,828

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Hire purchase contracts 279,745 457,116

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Dividends totalling £ (2022 £10,000) wee paid in the year in respect of shares held by the company's directors.
As at 31 July 2023 an amount of £201,690 (2022 £243,847) was owed by the company to the directors. No interest has been charged on this loan and the loans are payable on demand.