Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 SC650478 Mrs Pamela Barnes Mr David Blaikie Mr Michael Russell Mrs Aletta Ritchie Mrs Maureen Auld Ms Melissa McCarthy Dr James Clunie Mr James Robertson Mrs Maureen Auld The Dean Gardens 2019 Co. Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC650478 2022-12-31 SC650478 2023-12-31 SC650478 2023-01-01 2023-12-31 SC650478 frs-core:CurrentFinancialInstruments 2023-12-31 SC650478 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 SC650478 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 SC650478 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 SC650478 frs-core:PlantMachinery 2023-12-31 SC650478 frs-core:PlantMachinery 2023-01-01 2023-12-31 SC650478 frs-core:PlantMachinery 2022-12-31 SC650478 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC650478 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 SC650478 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 SC650478 frs-bus:SmallEntities 2023-01-01 2023-12-31 SC650478 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC650478 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 SC650478 1 2023-01-01 2023-12-31 SC650478 frs-bus:Director1 2023-01-01 2023-12-31 SC650478 frs-bus:Director2 2023-01-01 2023-12-31 SC650478 frs-bus:Director3 2023-01-01 2023-12-31 SC650478 frs-bus:Director4 2023-01-01 2023-12-31 SC650478 frs-bus:Director5 2023-01-01 2023-12-31 SC650478 frs-bus:Director6 2023-01-01 2023-12-31 SC650478 frs-bus:Director7 2023-01-01 2023-12-31 SC650478 frs-bus:Director8 2023-01-01 2023-12-31 SC650478 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 SC650478 frs-countries:Scotland 2023-01-01 2023-12-31 SC650478 2021-12-31 SC650478 2022-12-31 SC650478 2022-01-01 2022-12-31 SC650478 frs-core:CurrentFinancialInstruments 2022-12-31 SC650478 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: SC650478
The Dean Gardens Management Co. Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
GM Accounting Limited
Chartered Certified Accountants
41 Kilmaurs Road
Edinburgh
EH16 5DB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC650478
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,606 13,096
16,606 13,096
CURRENT ASSETS
Stocks 5 4,329 10,912
Debtors 6 336 322
Cash at bank and in hand 48,756 40,077
53,421 51,311
Creditors: Amounts Falling Due Within One Year 7 (2,755 ) (2,649 )
NET CURRENT ASSETS (LIABILITIES) 50,666 48,662
TOTAL ASSETS LESS CURRENT LIABILITIES 67,272 61,758
NET ASSETS 67,272 61,758
Income and Expenditure Account 67,272 61,758
MEMBERS' FUNDS 67,272 61,758
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For the year ending 31 December 2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
Mrs Maureen Auld
Director
26/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Dean Gardens Management Co. Ltd is a private company, limited by guarantee, incorporated in Scotland, registered number SC650478 . The registered office is Templelands, Laigh Main Street, Innerwick, Dunbar, EH42 1SE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 10% Straight line method
Plant & Machinery 10% Straight line method
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 January 2023 14,679 1,999 16,678
Additions 2,904 2,849 5,753
As at 31 December 2023 17,583 4,848 22,431
Depreciation
As at 1 January 2023 3,318 264 3,582
Provided during the period 1,758 485 2,243
As at 31 December 2023 5,076 749 5,825
Net Book Value
As at 31 December 2023 12,507 4,099 16,606
As at 1 January 2023 11,361 1,735 13,096
5. Stocks
2023 2022
£ £
Finished goods 4,329 10,912
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 336 322
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (1 ) 1
Corporation tax 111 12
Other taxes and social security 240 195
VAT 600 726
Accruals and deferred income 1,805 1,715
2,755 2,649
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8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9. Ultimate Controlling Party
The company's ultimate controlling party is The Dean Gardens 2019 Co. Ltd .
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