Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01truefalseNo description of principal activity2930trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC052486 2023-04-01 2024-03-31 SC052486 2022-04-01 2023-03-31 SC052486 2024-03-31 SC052486 2023-03-31 SC052486 c:Director1 2023-04-01 2024-03-31 SC052486 c:Director2 2023-04-01 2024-03-31 SC052486 c:Director3 2023-04-01 2024-03-31 SC052486 c:RegisteredOffice 2023-04-01 2024-03-31 SC052486 d:Buildings 2023-04-01 2024-03-31 SC052486 d:Buildings 2024-03-31 SC052486 d:Buildings 2023-03-31 SC052486 d:Buildings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC052486 d:PlantMachinery 2023-04-01 2024-03-31 SC052486 d:PlantMachinery 2024-03-31 SC052486 d:PlantMachinery 2023-03-31 SC052486 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC052486 d:MotorVehicles 2023-04-01 2024-03-31 SC052486 d:MotorVehicles 2024-03-31 SC052486 d:MotorVehicles 2023-03-31 SC052486 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC052486 d:FurnitureFittings 2023-04-01 2024-03-31 SC052486 d:FurnitureFittings 2024-03-31 SC052486 d:FurnitureFittings 2023-03-31 SC052486 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC052486 d:OfficeEquipment 2023-04-01 2024-03-31 SC052486 d:OfficeEquipment 2024-03-31 SC052486 d:OfficeEquipment 2023-03-31 SC052486 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC052486 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 SC052486 d:CurrentFinancialInstruments 2024-03-31 SC052486 d:CurrentFinancialInstruments 2023-03-31 SC052486 d:Non-currentFinancialInstruments 2024-03-31 SC052486 d:Non-currentFinancialInstruments 2023-03-31 SC052486 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC052486 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC052486 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 SC052486 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 SC052486 d:ShareCapital 2024-03-31 SC052486 d:ShareCapital 2023-03-31 SC052486 d:RevaluationReserve 2024-03-31 SC052486 d:RevaluationReserve 2023-03-31 SC052486 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC052486 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC052486 c:OrdinaryShareClass2 2023-04-01 2024-03-31 SC052486 c:OrdinaryShareClass2 2024-03-31 SC052486 c:OrdinaryShareClass2 2023-03-31 SC052486 c:OrdinaryShareClass3 2023-04-01 2024-03-31 SC052486 c:OrdinaryShareClass3 2024-03-31 SC052486 c:OrdinaryShareClass3 2023-03-31 SC052486 c:OrdinaryShareClass4 2023-04-01 2024-03-31 SC052486 c:OrdinaryShareClass4 2024-03-31 SC052486 c:OrdinaryShareClass4 2023-03-31 SC052486 c:OrdinaryShareClass5 2023-04-01 2024-03-31 SC052486 c:OrdinaryShareClass5 2024-03-31 SC052486 c:OrdinaryShareClass5 2023-03-31 SC052486 c:FRS102 2023-04-01 2024-03-31 SC052486 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC052486 c:FullAccounts 2023-04-01 2024-03-31 SC052486 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC052486 d:WithinOneYear 2024-03-31 SC052486 d:WithinOneYear 2023-03-31 SC052486 d:BetweenOneFiveYears 2024-03-31 SC052486 d:BetweenOneFiveYears 2023-03-31 SC052486 d:MoreThanFiveYears 2024-03-31 SC052486 d:MoreThanFiveYears 2023-03-31 SC052486 5 2023-04-01 2024-03-31 SC052486 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC052486










DALRYMPLE (CONSTRUCTION) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
DALRYMPLE (CONSTRUCTION) LIMITED
 

COMPANY INFORMATION


Directors
Mrs M J M West 
Mr G P Anderson 
Ms S A Collins 




Registered number
SC052486



Registered office
Randolph Place
Randolph Industrial Estate

Kirkcaldy

KY1 2YX




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
DALRYMPLE (CONSTRUCTION) LIMITED
REGISTERED NUMBER:SC052486

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
327,245
347,853

  
327,245
347,853

Current assets
  

Stocks
  
39,381
33,472

Debtors: amounts falling due within one year
 5 
766,615
281,367

Cash at bank and in hand
  
1,326
163,636

  
807,322
478,475

Creditors: amounts falling due within one year
 6 
(772,569)
(466,439)

Net current assets
  
 
 
34,753
 
 
12,036

Total assets less current liabilities
  
361,998
359,889

Creditors: amounts falling due after more than one year
 7 
(20,000)
(30,000)

Provisions for liabilities
  

Deferred tax
  
(22,572)
(23,956)

  
 
 
(22,572)
 
 
(23,956)

Net assets
  
319,426
305,933


Capital and reserves
  

Called up share capital 
 8 
2,400
2,400

Revaluation reserve
  
132,042
132,042

Profit and loss account
  
184,984
171,491

  
319,426
305,933


Page 1

 
DALRYMPLE (CONSTRUCTION) LIMITED
REGISTERED NUMBER:SC052486

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 20 August 2024.




Mr G P Anderson
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
DALRYMPLE (CONSTRUCTION) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Dalrymple (Construction) Limited is a limited liability company incorporated in Scotland, registration number SC052486. The registered office is Randolph Place, Randolph Industrial Estate, Kirkcaldy, Fife, KY1 2YX.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that
the company has adequate resources to continue in operational existence for the foreseeable future.
The directors have considered a period of 12 months from the date of approval of the financial
statements. Thus the directors continue to adopt the going concern basis of accounting in preparing
the financial statements.

Page 3

 
DALRYMPLE (CONSTRUCTION) LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the Statement of income and retained earnings at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
DALRYMPLE (CONSTRUCTION) LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
 
 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight line and reducing balance methods.

Depreciation is provided on the following basis:

Freehold property
-
4% straight line
Plant and machinery
-
15% reducing balance
Motor vehicles
-
25% reducing balance
Equipment
-
10% reducing balance and 25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
DALRYMPLE (CONSTRUCTION) LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 29 (2023 - 30).

Page 6

 
DALRYMPLE (CONSTRUCTION) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 April 2023
348,107
202,033
11,000
19,249
52,057
632,446


Additions
363
345
-
-
576
1,284


Disposals
-
(690)
-
-
(320)
(1,010)



At 31 March 2024

348,470
201,688
11,000
19,249
52,313
632,720



Depreciation


At 1 April 2023
38,303
177,081
1,386
17,876
49,947
284,593


Charge for the year on owned assets
13,965
3,573
2,758
139
878
21,313


Disposals
-
(233)
-
-
(198)
(431)



At 31 March 2024

52,268
180,421
4,144
18,015
50,627
305,475



Net book value



At 31 March 2024
296,202
21,267
6,856
1,234
1,686
327,245



At 31 March 2023
309,804
24,952
9,614
1,373
2,110
347,853

The Company's freehold property was professionally valued by DM Hall in September 2019 at a value of £300,000 on an existing use basis.

Page 7

 
DALRYMPLE (CONSTRUCTION) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
744,674
232,500

Prepayments and accrued income
16,125
11,555

Amounts recoverable on long term contracts
5,816
37,312

766,615
281,367



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
74,797
-

Bank loans
10,000
10,000

Trade creditors
455,931
299,172

Other taxation and social security
177,806
122,993

Accruals and deferred income
54,035
34,274

772,569
466,439



Secured loans

Bank overdrafts of £74,797 (2023 - Nil) are secured by way of a standard security over the property of the Company and a bond and floating charge.


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
20,000
30,000


Page 8

 
DALRYMPLE (CONSTRUCTION) LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



960 (2023 - 960) Ordinary A shares of £1.00 each
960
960
960 (2023 - 960) Ordinary B shares of £1.00 each
960
960
240 (2023 - 240) Ordinary C shares of £1.00 each
240
240
240 (2023 - 240) Ordinary D shares of £1.00 each
240
240

2,400

2,400



9.


Commitments under operating leases

At 31 March 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
47,051
47,762

Later than 1 year and not later than 5 years
67,901
107,461

Later than 5 years
-
2,899

114,952
158,122


Page 9