DOUGLAS 50 LIMITED

Company Registration Number:
SC511860 (Scotland)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

DOUGLAS 50 LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

DOUGLAS 50 LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 183,289 187,652
Total fixed assets: 183,289 187,652
Current assets
Debtors:   0 540
Cash at bank and in hand: 12,184 15,117
Total current assets: 12,184 15,657
Creditors: amounts falling due within one year:   (160,491) (163,548)
Net current assets (liabilities): (148,307) (147,891)
Total assets less current liabilities: 34,982 39,761
Total net assets (liabilities): 34,982 39,761
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 34,882 39,661
Shareholders funds: 34,982 39,761

The notes form part of these financial statements

DOUGLAS 50 LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 July 2024
and signed on behalf of the board by:

Name: Paul Yacoubian
Status: Director

The notes form part of these financial statements

DOUGLAS 50 LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DOUGLAS 50 LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 0 0

DOUGLAS 50 LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 246,584
At 31 July 2023 246,584
Depreciation
At 01 August 2022 58,932
Charge for year 4,363
At 31 July 2023 63,295
Net book value
At 31 July 2023 183,289
At 31 July 2022 187,652