1 January 2023 false No description of principal activity Taxfiler 2023.14 SC148143business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC1481432022-12-31 SC1481432023-01-012023-12-31 SC148143business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 SC148143business:FilletedAccounts2023-01-012023-12-31 SC1481432023-12-31 SC148143business:Director12023-01-012023-12-31 SC148143business:Director22023-01-012023-12-31 SC148143business:Director32023-01-012023-12-31 SC148143business:RegisteredOffice2023-01-012023-12-31 SC1481432022-12-31 SC148143core:WithinOneYear2023-12-31 SC148143core:WithinOneYear2022-12-31 SC148143core:AfterOneYear2023-12-31 SC148143core:AfterOneYear2022-12-31 SC148143core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC148143core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC148143core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC148143core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC148143core:PreviouslyStatedAmount2023-12-31 SC148143core:PreviouslyStatedAmount2022-12-31 SC148143business:SmallEntities2023-01-012023-12-31 SC148143countries:Scotland2023-01-012023-12-31 SC148143core:PlantMachinery2023-01-012023-12-31 SC148143core:LandBuildings2022-12-31 SC148143core:PlantMachinery2022-12-31 SC148143core:MotorVehicles2022-12-31 SC148143core:LandBuildings2023-01-012023-12-31 SC148143core:MotorVehicles2023-01-012023-12-31 SC148143core:LandBuildings2023-12-31 SC148143core:PlantMachinery2023-12-31 SC148143core:MotorVehicles2023-12-31 SC1481432022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC148143 (Scotland)
Dunecht Garage Ltd. Unaudited accounts for the year ended 31 December 2023
Dunecht Garage Ltd. Unaudited accounts Contents
Page
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Dunecht Garage Ltd. Company Information for the year ended 31 December 2023
Directors
W Gauld Mrs M Gauld I Gauld
Company Number
SC148143 (Scotland)
Registered Office
DUNECHT WESTHILL ABERDEENSHIRE AB32 7AX
Accountants
Adele Middler
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Dunecht Garage Ltd. Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,976 
42,472 
Current assets
Inventories
1,169,321 
1,480,514 
Debtors
513,671 
405,215 
Cash at bank and in hand
171,249 
171,878 
1,854,241 
2,057,607 
Creditors: amounts falling due within one year
(140,228)
(287,104)
Net current assets
1,714,013 
1,770,503 
Total assets less current liabilities
1,746,989 
1,812,975 
Creditors: amounts falling due after more than one year
(19,850)
(27,202)
Provisions for liabilities
Deferred tax
(4,631)
(6,267)
Net assets
1,722,508 
1,779,506 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
1,722,208 
1,779,206 
Shareholders' funds
1,722,508 
1,779,506 
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2024 and were signed on its behalf by
Mrs M Gauld Director Company Registration No. SC148143
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Dunecht Garage Ltd. Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Dunecht Garage Ltd. is a private company, limited by shares, registered in Scotland, registration number SC148143. The registered office is DUNECHT, WESTHILL, ABERDEENSHIRE, AB32 7AX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
22,760 
162,796 
4,485 
190,041 
Additions
- 
2,500 
- 
2,500 
At 31 December 2023
22,760 
165,296 
4,485 
192,541 
Depreciation
At 1 January 2023
13,270 
129,814 
4,485 
147,569 
Charge for the year
3,250 
8,746 
- 
11,996 
At 31 December 2023
16,520 
138,560 
4,485 
159,565 
Net book value
At 31 December 2023
6,240 
26,736 
- 
32,976 
At 31 December 2022
9,490 
32,982 
- 
42,472 
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Dunecht Garage Ltd. Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
505,836 
368,854 
Accrued income and prepayments
7,835 
8,361 
Other debtors
- 
28,000 
513,671 
405,215 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,244 
8,333 
VAT
6,208 
7,003 
Trade creditors
54,468 
144,843 
Taxes and social security
8,610 
13,334 
Other creditors
12,698 
113,591 
Loans from directors
50,000 
- 
140,228 
287,104 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
19,850 
27,202 
8
Average number of employees
During the year the average number of employees was 10 (2022: 13).
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