BrightAccountsProduction v1.0.0 v1.0.0 2023-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity is that of a holding company. 26 October 2024 2 2 NI045345 2024-03-31 NI045345 2023-03-31 NI045345 2022-03-31 NI045345 2023-04-01 2024-03-31 NI045345 2022-04-01 2023-03-31 NI045345 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI045345 uk-curr:PoundSterling 2023-04-01 2024-03-31 NI045345 uk-bus:AbridgedAccounts 2023-04-01 2024-03-31 NI045345 uk-core:ShareCapital 2024-03-31 NI045345 uk-core:ShareCapital 2023-03-31 NI045345 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI045345 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 NI045345 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 NI045345 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-03-31 NI045345 uk-bus:FRS102 2023-04-01 2024-03-31 NI045345 uk-core:CostValuation 2024-03-31 NI045345 2023-04-01 2024-03-31 NI045345 uk-bus:Director1 2023-04-01 2024-03-31 NI045345 uk-bus:Director2 2023-04-01 2024-03-31 NI045345 uk-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
Doon Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 March 2024



Doon Limited
Company Registration Number: NI045345
ABRIDGED BALANCE SHEET
as at 31 March 2024

2024 2023
Notes £ £
 
Fixed Assets
Investments 4 150,186 150,186
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Current Assets
Debtors - 554,150
Creditors: amounts falling due within one year - (649,196)
───────── ─────────
Net Current Liabilities - (95,046)
───────── ─────────
Total Assets less Current Liabilities 150,186 55,140
═════════ ═════════
 
Capital and Reserves
Called up share capital 2 2
Retained earnings 150,184 55,138
───────── ─────────
Shareholders' Funds 150,186 55,140
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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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 26 October 2024 and signed on its behalf by
           
           
________________________________          
James Golden          
Director          
           
           
________________________________
Edward Quigg
Director
           



Doon Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 March 2024

   
1. General Information
 
Doon Limited is a company limited by shares incorporated in Northern Ireland. The registered office of the company is 18-22 Hill Street, Cathedral Quarter, Belfast, Co. Antrim, BT1 2LA, Northern Ireland which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

These financial statements cover the individual entity for the financial year ended 31st March 2024.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 March 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the year in which it is receivable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at 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 where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
 
Exceptional item
Exceptional items are those that the directors' view are required to be separately disclosed by virtue of their size or incidence to enable a full understanding of the company's financial performance.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was
 
  2024 2023
  Number Number
 
Directors 2 2
  ═════════ ═════════
       
4. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 31 March 2024 150,186 150,186
  ───────── ─────────
Net book value
At 31 March 2024 150,186 150,186
  ═════════ ═════════
At 31 March 2023 150,186 150,186
  ═════════ ═════════
       
5. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 March 2024.
   
6. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.