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REGISTERED NUMBER: SC566846 (Scotland)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Dunbar Rock Investments Ltd

Dunbar Rock Investments Ltd (Registered number: SC566846)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dunbar Rock Investments Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: S Flame





REGISTERED OFFICE: 16 Bayswell Park
Dunbar
East Lothian
Scotland
EH42 1AE





REGISTERED NUMBER: SC566846 (Scotland)





ACCOUNTANTS: Douglas Home & Co Ltd
Chartered Accountants
47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Dunbar Rock Investments Ltd (Registered number: SC566846)

Balance Sheet
31 May 2023

31/5/23 31/5/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 3,523,461 3,526,068

CURRENT ASSETS
Debtors 4 141,953 128,100

CREDITORS
Amounts falling due within one year 5 32,431 51,237
NET CURRENT ASSETS 109,522 76,863
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,632,983

3,602,931

CREDITORS
Amounts falling due after more than one
year

6

1,418,149

1,438,750
NET ASSETS 2,214,834 2,164,181

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 7 1,860,000 1,860,000
Other reserves 185,602 185,602
Retained earnings 169,231 118,578
2,214,834 2,164,181

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

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

Dunbar Rock Investments Ltd (Registered number: SC566846)

Balance Sheet - continued
31 May 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 30 April 2024 and were signed by:





S Flame - Director


Dunbar Rock Investments Ltd (Registered number: SC566846)

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

1. 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 as modified by the revaluation of certain assets.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance

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.

2. EMPLOYEES AND DIRECTORS

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

Dunbar Rock Investments Ltd (Registered number: SC566846)

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

3. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 June 2022
and 31 May 2023 3,500,000 30,980 3,530,980
DEPRECIATION
At 1 June 2022 - 4,912 4,912
Charge for year - 2,607 2,607
At 31 May 2023 - 7,519 7,519
NET BOOK VALUE
At 31 May 2023 3,500,000 23,461 3,523,461
At 31 May 2022 3,500,000 26,068 3,526,068

Cost or valuation at 31 May 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2018 1,350,000 - 1,350,000
Valuation in 2019 600,000 - 600,000
Valuation in 2020 400,000 - 400,000
Valuation in 2021 50,000 30,980 80,980
Valuation in 2022 1,100,000 - 1,100,000
3,500,000 30,980 3,530,980

4. DEBTORS
31/5/23 31/5/22
£    £   
Amounts falling due within one year:
Trade debtors 3,100 8,922

Amounts falling due after more than one year:
Other debtors 138,853 119,178

Aggregate amounts 141,953 128,100

Dunbar Rock Investments Ltd (Registered number: SC566846)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/23 31/5/22
£    £   
Trade creditors 29,636 48,442
Other creditors 2,795 2,795
32,431 51,237

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/5/23 31/5/22
£    £   
Other creditors 1,418,149 1,438,750

7. RESERVES
Revaluation
reserve
£   
At 1 June 2022
and 31 May 2023 1,860,000