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REGISTERED NUMBER: 00968129 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

DALKEITH SECURITIES LIMITED

DALKEITH SECURITIES LIMITED (REGISTERED NUMBER: 00968129)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DALKEITH SECURITIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: H M Elliott
M H Elliott





SECRETARY: M H Elliott





REGISTERED OFFICE: 7 Magnolia Wharf
Strand on the Green
London
W4 3NY





REGISTERED NUMBER: 00968129 (England and Wales)





ACCOUNTANTS: RJP LLP
Ground Floor
Egerton House
68 Baker Street
Weybridge
Surrey
KT13 8AL

DALKEITH SECURITIES LIMITED (REGISTERED NUMBER: 00968129)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 440,737 481,446

CURRENT ASSETS
Debtors 5 39 240
Cash at bank 11,021 7,422
11,060 7,662
CREDITORS
Amounts falling due within one year 6 177,910 177,760
NET CURRENT LIABILITIES (166,850 ) (170,098 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

273,887

311,348

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 273,787 311,248
SHAREHOLDERS' FUNDS 273,887 311,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2024 and were signed on its behalf by:




H M Elliott - Director



M H Elliott - Director


DALKEITH SECURITIES LIMITED (REGISTERED NUMBER: 00968129)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Dalkeith Securities Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Dalkeith Securities Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investment income
Investment income represents income receivable in the period from investments.

Fixed asset investments
Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

Investments, other than those in group undertakings, are accounted for at fair value through profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

DALKEITH SECURITIES LIMITED (REGISTERED NUMBER: 00968129)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 July 2023 1 481,445 481,446
Additions - 56,410 56,410
Disposals - (55,910 ) (55,910 )
Revaluations - (41,209 ) (41,209 )
At 30 June 2024 1 440,736 440,737
NET BOOK VALUE
At 30 June 2024 1 440,736 440,737
At 30 June 2023 1 481,445 481,446

The investments (other than shares in group undertakings) are recorded at their market value as reported by the investment custodian. The historical cost of these investments is £540,842 (2023 - £539,500).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 39 240

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 177,910 177,760

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 July 2023 311,248
Deficit for the year (37,461 )
At 30 June 2024 273,787

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors provide interest free loans to the company. During the year the directors advanced £35,000 (2023 - £1,000) and the company repaid the directors £35,000 (2023 - £26,000). The amount owed to the directors at the reporting date is £175,000 (2023 - £175,000).