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REGISTERED NUMBER: SC536874 (Scotland)













Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Dx4 Limited

Dx4 Limited (Registered number: SC536874)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Dx4 Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: S B Duncan
J A Duncan





REGISTERED OFFICE: 11/2
Castle Gogar Rigg
Edinburgh
EH12 9GP





REGISTERED NUMBER: SC536874 (Scotland)





ACCOUNTANTS: A H & Co Ltd
Chartered Accountants
6 Logie Mill
Edinburgh
Lothian
EH7 4HG

Dx4 Limited (Registered number: SC536874)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 67 -
Investments 5 1 1
68 1

CURRENT ASSETS
Debtors 6 3,000 6,000
Cash at bank 209,263 276,814
212,263 282,814
CREDITORS
Amounts falling due within one year 7 52,459 59,883
NET CURRENT ASSETS 159,804 222,931
TOTAL ASSETS LESS CURRENT
LIABILITIES

159,872

222,932

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 159,772 222,832
SHAREHOLDERS' FUNDS 159,872 222,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





S B Duncan - Director


Dx4 Limited (Registered number: SC536874)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Dx4 Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Fixtures & fittings - 25% on cost

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
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.

Provisions
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present
obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

Dx4 Limited (Registered number: SC536874)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 90
At 31 December 2023 90
DEPRECIATION
Charge for year 23
At 31 December 2023 23
NET BOOK VALUE
At 31 December 2023 67

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 1
NET BOOK VALUE
At 31 December 2023 1
At 31 December 2022 1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Scape Homes SD Limited
Registered office: 11/2 Castle Gogar Rigg, Edinburgh, EH12 9GP
Nature of business: Property development
%
Class of shares: holding
Ordinary shares 33.33
31.12.23 31.12.22
£    £   
Aggregate capital and reserves 256,892 249,340
Profit/(loss) for the year 7,551 (261,123 )

The above information is extracted from the financial statements of Scape Homes SD Limited as at 31 December 2023.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 3,000 6,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 52,459 59,883

Dx4 Limited (Registered number: SC536874)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
51 Ordinary A £1 51 51
34 Ordinary B £1 34 34
5 Ordinary C £1 5 5
5 Ordinary D £1 5 5
5 Ordinary E £1 5 5
100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31 December 2023, the company owed directors £51,265 (2022: £58,875).

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £51,265 were paid out to directors (2022: £62,874).

During the year, total dividends of £3,000 were paid out to family members of the directors (2022: £6,000).

During the year, total dividends of £nil were received from a subsidiary company (2022: £100,000).

As at 31 December 2023, family members of directors owed the company £3,000 (2022: £6,000).

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S B Duncan.