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Company Registration No. SC262060 (Scotland)
DVI Technologies Limited Unaudited accounts for the year ended 31 January 2024
DVI Technologies Limited Unaudited accounts Contents
Page
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DVI Technologies Limited Company Information for the year ended 31 January 2024
Directors
Mr James Gilmour McLaughlin Mr Stephen Murney
Company Number
SC262060 (Scotland)
Registered Office
Suite 11, Buchanan Business Park Cumbernauld Road Glasgow Lanarkshire G33 6HZ GBR
Accountants
McCreath Accountancy Lomond House 4 South Street Inchinnan Renfrewshire PA4 9RJ
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DVI Technologies Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
141,714 
27,674 
Current assets
Inventories
(57,834)
53,223 
Debtors
250,262 
234,579 
Cash at bank and in hand
80,096 
61,680 
272,524 
349,482 
Creditors: amounts falling due within one year
(231,651)
(187,242)
Net current assets
40,873 
162,240 
Total assets less current liabilities
182,587 
189,914 
Creditors: amounts falling due after more than one year
(26,015)
(152,139)
Net assets
156,572 
37,775 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
156,472 
37,675 
Shareholders' funds
156,572 
37,775 
For the year ending 31 January 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by
Mr Stephen Murney Director Company Registration No. SC262060
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DVI Technologies Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
DVI Technologies Limited is a private company, limited by shares, registered in Scotland, registration number SC262060. The registered office is Suite 11, Buchanan Business Park, Cumbernauld Road, Glasgow, Lanarkshire, G33 6HZ, GBR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
81,459 
129,904 
10,801 
222,164 
Additions
133,361 
- 
4,169 
137,530 
Disposals
9,000 
- 
- 
9,000 
At 31 January 2024
223,820 
129,904 
14,970 
368,694 
Depreciation
At 1 February 2023
69,148 
114,541 
10,801 
194,490 
Charge for the year
16,622 
15,363 
505 
32,490 
At 31 January 2024
85,770 
129,904 
11,306 
226,980 
Net book value
At 31 January 2024
138,050 
- 
3,664 
141,714 
At 31 January 2023
12,311 
15,363 
- 
27,674 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
150,792 
197,210 
Amounts due from group undertakings etc.
- 
21,024 
Other debtors
99,470 
16,345 
250,262 
234,579 
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DVI Technologies Limited Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,631 
9,111 
Obligations under finance leases and hire purchase contracts
- 
24,551 
Trade creditors
176,207 
99,640 
Taxes and social security
47,813 
53,940 
231,651 
187,242 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
26,015 
81,477 
Obligations under finance leases and hire purchase contracts
- 
30,662 
Loans from directors
- 
40,000 
26,015 
152,139 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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