Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-312022-09-0124falseNo description of principal activity25truetrue SC067521 2022-09-01 2023-08-31 SC067521 2021-09-01 2022-08-31 SC067521 2023-08-31 SC067521 2022-08-31 SC067521 c:Director1 2022-09-01 2023-08-31 SC067521 c:Director3 2022-09-01 2023-08-31 SC067521 c:Director4 2022-09-01 2023-08-31 SC067521 c:Director4 2023-08-31 SC067521 c:Director5 2022-09-01 2023-08-31 SC067521 c:RegisteredOffice 2022-09-01 2023-08-31 SC067521 d:Buildings d:LongLeaseholdAssets 2022-09-01 2023-08-31 SC067521 d:Buildings d:LongLeaseholdAssets 2023-08-31 SC067521 d:Buildings d:LongLeaseholdAssets 2022-08-31 SC067521 d:PlantMachinery 2022-09-01 2023-08-31 SC067521 d:PlantMachinery 2023-08-31 SC067521 d:PlantMachinery 2022-08-31 SC067521 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 SC067521 d:MotorVehicles 2022-09-01 2023-08-31 SC067521 d:MotorVehicles 2023-08-31 SC067521 d:MotorVehicles 2022-08-31 SC067521 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 SC067521 d:OfficeEquipment 2022-09-01 2023-08-31 SC067521 d:OfficeEquipment 2023-08-31 SC067521 d:OfficeEquipment 2022-08-31 SC067521 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 SC067521 d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 SC067521 d:CurrentFinancialInstruments 2023-08-31 SC067521 d:CurrentFinancialInstruments 2022-08-31 SC067521 d:Non-currentFinancialInstruments 2023-08-31 SC067521 d:Non-currentFinancialInstruments 2022-08-31 SC067521 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 SC067521 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 SC067521 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 SC067521 d:Non-currentFinancialInstruments d:AfterOneYear 2022-08-31 SC067521 d:ShareCapital 2023-08-31 SC067521 d:ShareCapital 2022-08-31 SC067521 d:CapitalRedemptionReserve 2023-08-31 SC067521 d:CapitalRedemptionReserve 2022-08-31 SC067521 d:RetainedEarningsAccumulatedLosses 2023-08-31 SC067521 d:RetainedEarningsAccumulatedLosses 2022-08-31 SC067521 c:OrdinaryShareClass1 2022-09-01 2023-08-31 SC067521 c:OrdinaryShareClass1 2023-08-31 SC067521 c:OrdinaryShareClass1 2022-08-31 SC067521 c:FRS102 2022-09-01 2023-08-31 SC067521 c:Audited 2022-09-01 2023-08-31 SC067521 c:FullAccounts 2022-09-01 2023-08-31 SC067521 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 SC067521 c:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC067521










DUNCAN-PRYDE (CONTRACTORS) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

 
DUNCAN-PRYDE (CONTRACTORS) LIMITED
 

COMPANY INFORMATION


Directors
Mr R Purvis 
Mr C R Purvis 
Mr I Connelly (appointed 1 September 2022)
Mr G Wight 




Registered number
SC067521



Registered office
New Thistle House
The Avenue

Lochgelly

Fife

KY5 9HG




Independent auditors
Sumer Auditco Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
DUNCAN-PRYDE (CONTRACTORS) LIMITED
REGISTERED NUMBER: SC067521

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 4 
442,218
383,255

  
442,218
383,255

Current assets
  

Debtors: amounts falling due within one year
 5 
1,166,409
1,497,946

Cash at bank and in hand
  
853,006
552,530

  
2,019,415
2,050,476

Creditors: amounts falling due within one year
 6 
(823,218)
(828,205)

Net current assets
  
 
 
1,196,197
 
 
1,222,271

Total assets less current liabilities
  
1,638,415
1,605,526

Creditors: amounts falling due after more than one year
 7 
(14,385)
(68,552)

Provisions for liabilities
  

Deferred tax
  
(49,447)
(30,563)

  
 
 
(49,447)
 
 
(30,563)

Net assets
  
1,574,583
1,506,411


Capital and reserves
  

Called up share capital 
 8 
10,000
10,000

Capital redemption reserve
  
10,000
10,000

Profit and loss account
  
1,554,583
1,486,411

  
1,574,583
1,506,411


Page 1

 
DUNCAN-PRYDE (CONTRACTORS) LIMITED
REGISTERED NUMBER: SC067521

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

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 5 March 2024.




................................................
Mr R Purvis
................................................
Mr G Wight
Director
Director

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

Page 2

 
DUNCAN-PRYDE (CONTRACTORS) LIMITED
 

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

1.


General information

Duncan-Pryde (Contractors) Limited is a company limited by shares and incorporated in Scotland. Its registered office address is New Thistle House, The Avenue, Lochgelly, Fife, KY5 9HG.
The principal activity of the company is road surfacing work.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

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

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.

 
2.4

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Page 3

 
DUNCAN-PRYDE (CONTRACTORS) LIMITED
 

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

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 4

 
DUNCAN-PRYDE (CONTRACTORS) LIMITED
 

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

2.Accounting policies (continued)

 
2.7

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Leasehold property improvements
-
20% straight line
Plant and machinery
-
20% straight line
Motor vehicles
-
25% straight line
Office equipment
-
25% straight line

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.
 
 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 25 (2022 - 24).

Page 5

 
DUNCAN-PRYDE (CONTRACTORS) LIMITED
 

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

4.


Tangible fixed assets





Leasehold property improve-ments
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 September 2022
39,287
546,228
271,135
4,577
861,227


Additions
-
43,750
151,479
-
195,229


Disposals
-
-
(73,852)
-
(73,852)



At 31 August 2023

39,287
589,978
348,762
4,577
982,604



Depreciation


At 1 September 2022
7,857
229,488
236,050
4,577
477,972


Charge for the year on owned assets
7,857
83,025
45,384
-
136,266


Disposals
-
-
(73,852)
-
(73,852)



At 31 August 2023

15,714
312,513
207,582
4,577
540,386



Net book value



At 31 August 2023
23,573
277,465
141,180
-
442,218



At 31 August 2022
31,430
316,740
35,085
-
383,255

Page 6

 
DUNCAN-PRYDE (CONTRACTORS) LIMITED
 

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

5.


Debtors

2023
2022
£
£


Trade debtors
325,411
282,600

Amounts owed by group undertakings
304,583
408,127

Other debtors
181,757
232,882

Prepayments and accrued income
15,801
19,193

Amounts recoverable on long term contracts
338,857
555,144

1,166,409
1,497,946



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
567,688
631,335

Other taxation and social security
31,413
31,888

Obligations under finance lease and hire purchase contracts
138,289
132,750

Other creditors
1,120
761

Accruals and deferred income
84,708
31,471

823,218
828,205


Secured loans
Net obligations under hire purchase contracts are secured over the relevant assets.


7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
14,385
68,552


Secured loans
Net obligations under hire purchase contracts are secured over the relevant assets.

Page 7

 
DUNCAN-PRYDE (CONTRACTORS) LIMITED
 

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

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



10,000 (2022 - 10,000) Ordinary shares of £1 each shares of £1.00 each
10,000
10,000



9.


Capital commitments


At 31 August 2023 the Company had capital commitments as follows:

2023
2022
£
£


Contracted for but not provided in these financial statements
-
70,490


10.


Controlling party

The company is a wholly owned subsidiary of Realm Construction Limited, a company registered in Scotland. The registered office and principal place of business is New Thistle House, The Avenue, Lochgelly, Fife, KY5 9HG.


11.


Auditors' information

The auditors' report on the financial statements for the year ended 31 August 2023 was unqualified.

The audit report was signed on 5 March 2024 by Mark Gibson (Senior statutory auditor) on behalf of Sumer Auditco Limited.


Page 8