1 April 2023 false No description of principal activity Taxfiler 2024.5 SC623215business:PrivateLimitedCompanyLtd2023-04-012024-03-31 SC6232152023-03-31 SC6232152023-04-012024-03-31 SC623215business:AuditExemptWithAccountantsReport2023-04-012024-03-31 SC623215business:AbridgedAccounts2023-04-012024-03-31 SC6232152024-03-31 SC623215business:Director12023-04-012024-03-31 SC623215business:Director22023-04-012024-03-31 SC623215business:RegisteredOffice2023-04-012024-03-31 SC6232152023-03-31 SC623215core:WithinOneYear2024-03-31 SC623215core:WithinOneYear2023-03-31 SC623215core:AfterOneYear2024-03-31 SC623215core:AfterOneYear2023-03-31 SC623215core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 SC623215core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC623215core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 SC623215core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC623215core:PreviouslyStatedAmount2024-03-31 SC623215core:PreviouslyStatedAmount2023-03-31 SC623215business:SmallEntities2023-04-012024-03-31 SC623215countries:Scotland2023-04-012024-03-31 SC623215core:LandBuildings2023-04-012024-03-31 SC623215core:PlantMachinery2023-04-012024-03-31 SC623215core:FurnitureFittings2023-04-012024-03-31 SC623215core:PlantMachinerycore:LeasedAssetsHeldAsLessee2024-03-31 SC623215core:PlantMachinerycore:LeasedAssetsHeldAsLessee2023-03-31 SC623215core:BetweenOneFiveYears2024-03-31 SC623215core:BetweenOneFiveYears2023-03-31 SC6232152022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC623215 (Scotland)
Dan Moore Elite Training Limited Unaudited accounts for the year ended 31 March 2024
Dan Moore Elite Training Limited Unaudited accounts Contents
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Dan Moore Elite Training Limited Company Information for the year ended 31 March 2024
Directors
D Moore A Moore
Company Number
SC623215 (Scotland)
Registered Office
3 Longman Drive Inverness IV1 1SU
Accountants
CMM Accountancy (Inverness) Limited The Green House Beechwood Business Park North Inverness IV2 3BL
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Dan Moore Elite Training Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
37,733 
11,509 
Current assets
Inventories
472 
472 
Debtors
5,583 
19,356 
Cash at bank and in hand
36,152 
29,878 
42,207 
49,706 
Creditors: amounts falling due within one year
(68,127)
(37,659)
Net current (liabilities)/assets
(25,920)
12,047 
Total assets less current liabilities
11,813 
23,556 
Creditors: amounts falling due after more than one year
(11,667)
(21,667)
Net assets
146 
1,889 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
46 
1,789 
Shareholders' funds
146 
1,889 
For the year ending 31 March 2024 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 27 August 2024 and were signed on its behalf by
D Moore Director Company Registration No. SC623215
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Dan Moore Elite Training Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Dan Moore Elite Training Limited is a private company, limited by shares, registered in Scotland, registration number SC623215. The registered office is 3 Longman Drive, Inverness, IV1 1SU.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
20% straight line
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Dan Moore Elite Training Limited Notes to the Accounts for the year ended 31 March 2024
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
27,311 
Additions
35,545 
Disposals
(304)
At 31 March 2024
62,552 
Depreciation
At 1 April 2023
15,802 
Charge for the year
9,215 
On disposals
(198)
At 31 March 2024
24,819 
Net book value
At 31 March 2024
37,733 
At 31 March 2023
11,509 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
- 
740 
5
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 March 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
4,038 
17,500 
Later than one year and not later than five years
258,153 
14,299 
262,191 
31,799 
6
Average number of employees
During the year the average number of employees was 8 (2023: 6).
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