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REGISTERED NUMBER: SC414776 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Dysart Premier Limited

Dysart Premier Limited (Registered number: SC414776)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dysart Premier Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: M I Haqqan





REGISTERED OFFICE: 94-98 Normand Road
Dysart
Kirkcaldy
Fife
KY1 2XP





REGISTERED NUMBER: SC414776 (Scotland)





ACCOUNTANTS: akb Chartered Accountants
86 Albert Road
Glasgow
Lanarkshire
G42 8DR

Dysart Premier Limited (Registered number: SC414776)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 926,046 842,767

CURRENT ASSETS
Stocks 89,007 82,234
Debtors 5 40,000 21,468
Cash at bank and in hand 474,630 520,037
603,637 623,739
CREDITORS
Amounts falling due within one year 6 85,415 146,815
NET CURRENT ASSETS 518,222 476,924
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,444,268

1,319,691

CREDITORS
Amounts falling due after more than one year 7 (141,203 ) (168,781 )

PROVISIONS FOR LIABILITIES (39,571 ) (23,282 )
NET ASSETS 1,263,494 1,127,628

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,263,394 1,127,528
SHAREHOLDERS' FUNDS 1,263,494 1,127,628

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Dysart Premier Limited (Registered number: SC414776)

Balance Sheet - continued
31 March 2024


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 24 July 2024 and were signed by:





M I Haqqan - Director


Dysart Premier Limited (Registered number: SC414776)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Dysart Premier 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.

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 etc - 25% on cost and 15% on cost

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.

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.

Dysart Premier Limited (Registered number: SC414776)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 707,755 359,493 20,803
Additions 49,780 112,465 -
Disposals - (40,496 ) -
At 31 March 2024 757,535 431,462 20,803
DEPRECIATION
At 1 April 2023 - 230,887 20,803
Charge for year - 64,719 -
Eliminated on disposal - (32,467 ) -
At 31 March 2024 - 263,139 20,803
NET BOOK VALUE
At 31 March 2024 757,535 168,323 -
At 31 March 2023 707,755 128,606 -

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 65,399 446 1,153,896
Additions - - 162,245
Disposals - - (40,496 )
At 31 March 2024 65,399 446 1,275,645
DEPRECIATION
At 1 April 2023 59,244 195 311,129
Charge for year 6,155 63 70,937
Eliminated on disposal - - (32,467 )
At 31 March 2024 65,399 258 349,599
NET BOOK VALUE
At 31 March 2024 - 188 926,046
At 31 March 2023 6,155 251 842,767

Dysart Premier Limited (Registered number: SC414776)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 40,000 21,468

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 4,712 4,712
Trade creditors - 33,903
Taxation and social security 60,589 88,219
Other creditors 20,114 19,981
85,415 146,815

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 132,736 155,603
Hire purchase contracts 8,467 13,178
141,203 168,781

Amounts falling due in more than five years:

Repayable by instalments
Bank Term Loan 111,069 124,770
Bounce Back Loan 21,667 30,833
132,736 155,603

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M I Haqqan. Mr Haqqan is a director of the company and holds 60% of the company's share capital.