2023-04-01 SC226446 2024-03-31 SC226446 2023-04-01 2024-03-31 SC226446 2023-03-31 SC226446 2022-04-01 2023-03-31 SC226446 uk-core:WithinOneYear 2023-03-31 SC226446 uk-core:WithinOneYear 2024-03-31 SC226446 uk-core:AfterOneYear 2023-03-31 SC226446 uk-core:AfterOneYear 2024-03-31 SC226446 uk-core:ShareCapital 2024-03-31 SC226446 uk-core:ShareCapital 2023-03-31 SC226446 uk-core:SharePremium 2024-03-31 SC226446 uk-core:SharePremium 2023-03-31 SC226446 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC226446 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 SC226446 uk-bus:Director1 2023-04-01 2024-03-31 SC226446 uk-core:ComputerEquipment 2023-04-01 2024-03-31 SC226446 uk-core:FurnitureFittings 2023-04-01 2024-03-31 SC226446 uk-core:ComputerEquipment 2023-03-31 SC226446 uk-core:FurnitureFittings 2023-03-31 SC226446 uk-core:FurnitureFittings 2024-03-31 SC226446 uk-core:ComputerEquipment 2024-03-31 SC226446 uk-core:CostValuation 2023-03-31 SC226446 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-03-31 SC226446 uk-core:AdditionsToInvestments 2024-03-31 SC226446 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2024-03-31 SC226446 uk-core:DisposalsRepaymentsInvestments 2024-03-31 SC226446 uk-core:DisposalsRepaymentsInvestments uk-core:Non-currentFinancialInstruments 2024-03-31 SC226446 uk-core:RevaluationsIncreaseDecreaseInInvestments 2024-03-31 SC226446 uk-core:RevaluationsIncreaseDecreaseInInvestments uk-core:Non-currentFinancialInstruments 2024-03-31 SC226446 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-03-31 SC226446 uk-core:CostValuation 2024-03-31 SC226446 uk-core:Non-currentFinancialInstruments 2024-03-31 SC226446 uk-core:Non-currentFinancialInstruments 2023-03-31 SC226446 uk-core:WithinOneYear 2024-03-31 SC226446 uk-core:WithinOneYear 2023-03-31 SC226446 uk-core:AfterOneYear uk-core:Secured 2024-03-31 SC226446 uk-core:AfterOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure SC226446 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 SC226446 uk-bus:FRS102 2023-04-01 2024-03-31 SC226446 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 SC226446 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Don Enterprise Ltd
Registered Number:SC226446
For the year ended 31 March 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 March 2024
Don Enterprise Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
SC226446
As at 31 March 2024
Don Enterprise Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
-
777
2
3
495,000
565,000
Investment property
Financial assets
263,064
282,394
4
777,394
828,841
Current assets
Trade and other receivables
1,025
65
5
26,680
Cash and cash equivalents
11,665
11,730
27,705
Trade and other payables: amounts falling due within one
year
(442,348)
(439,560)
6
(414,643)
(427,830)
Net current liabilities
Total assets less current liabilities
349,564
414,198
Trade and other payables: amounts falling due after more
than one year
(12,719)
(2,970)
7
(12,983)
(12,983)
Provisions for liabilities
333,611
Net assets
388,496
Capital and reserves
Called up share capital
1,500
1,500
Share premium account
5,395
5,395
Retained earnings
326,716
381,601
333,611
388,496
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
SC226446
For the year ended 31 March 2024
Don Enterprise Ltd
Statement of Financial Position Continued
Louise Don-Wauchope Director
These financial statements were approved and authorised for issue by the Board on 28 August 2024 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2024
Don Enterprise Ltd
Notes to the Financial Statements
Statutory Information
Don Enterprise Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number
SC226446.
Registered address:
2-4 Salamander Place
Edinburgh
EH6 7JB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents amounts receivable on rental properties.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Straight line
Computer Equipment
20% Straight line
Furniture and Fittings
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. The market valuation is based on the opinion of the Directors taking current market conditions into consideration.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 April 2023
19,244
4,092
15,152
At 31 March 2024
15,152
4,092
19,244
Provision for depreciation and impairment
At 01 April 2023
18,467
4,078
14,389
Charge for year
777
14
763
At 31 March 2024
19,244
4,092
15,152
At 31 March 2024
Net book value
-
-
-
At 31 March 2023
763
14
777
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6
For the year ended 31 March 2024
Don Enterprise Ltd
Notes to the Financial Statements Continued
3. Investment property
Total
£
Fair value
At 01 April 2023
565,000
Fair value adjustments
(70,000)
At 31 March 2024
495,000
Net book value
At 31 March 2024
495,000
At 31 March 2023
565,000
4. Investments held as fixed assets
Other investments
Total
At 01 April 2023
263,064
263,064
Cost
£
£
40,602
40,602
Additions
Disposals/Repayments
(35,357)
(35,357)
14,085
14,085
Revaluations
At 31 March 2024
282,394
282,394
At 31 March 2024
Net book value
282,394
282,394
At 01 April 2023
263,064
263,064
5. Trade and other receivables
2023
2024
£
£
Trade debtors
-
1,025
Other debtors
65
-
1,025
65
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7
For the year ended 31 March 2024
Don Enterprise Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
9,479
9,479
Trade creditors
1
-
Taxation and social security
-
2,551
Other creditors
430,080
430,318
439,560
442,348
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
2,970
12,719
8. Average number of persons employed
During the year the average number of employees was 0
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