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REGISTERED NUMBER: SC208057 (Scotland)















Financial Statements for the Year Ended 31 March 2024

for

Decom Solutions Limited

Decom Solutions Limited (Registered number: SC208057)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Decom Solutions Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: D C Shaw





REGISTERED OFFICE: 7 Ythan Terrace
Ellon
AB41 9LJ





REGISTERED NUMBER: SC208057 (Scotland)





ACCOUNTANTS: J M Taylor
7 Ythan Terrace
Ellon
Aberdeenshire
AB41 9LJ

Decom Solutions Limited (Registered number: SC208057)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Stocks 11,825 -
Debtors 5 41,894 67,383
Cash at bank 140,189 119,771
193,908 187,154
CREDITORS
Amounts falling due within one year 6 33,843 34,007
NET CURRENT ASSETS 160,065 153,147
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,065

153,147

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 160,061 153,143
SHAREHOLDERS' FUNDS 160,065 153,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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 director acknowledges his 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 director and authorised for issue on 7 October 2024 and were signed by:





D C Shaw - Director


Decom Solutions Limited (Registered number: SC208057)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Decom Solutions 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 7,403
DEPRECIATION
At 1 April 2023
and 31 March 2024 7,403
NET BOOK VALUE
At 31 March 2024 -

Decom Solutions Limited (Registered number: SC208057)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 20,227
Other debtors 41,894 47,156
41,894 67,383

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 32,043 32,457
Other creditors 1,800 1,550
33,843 34,007

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
D C Shaw
Balance outstanding at start of year 3,193 -
Amounts advanced 132 3,193
Amounts repaid (1,325 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,000 3,193

The amount advanced to the director of £2,000 has been repaid in full as at 31st August 2024.

8. RELATED PARTY DISCLOSURES

During the year the company loaned director Darrel Shaw £39,549 (2023 - £43,640), this loan is being repaid over 10 years with interest being paid at the official rate per HMRC.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Darrel Shaw by virtue of his 50% shareholding.