DUNCARE LIMITED

Company Registration Number:
SC143116 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

DUNCARE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes

DUNCARE LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,322,998 2,329,536
Total fixed assets: 2,322,998 2,329,536
Current assets
Stocks: 4 2,119 2,119
Debtors: 5 1,874,931 1,885,593
Cash at bank and in hand: 398,959 183,885
Total current assets: 2,276,009 2,071,597
Creditors: amounts falling due within one year: 6 ( 388,105 ) ( 365,009 )
Net current assets (liabilities): 1,887,904 1,706,588
Total assets less current liabilities: 4,210,902 4,036,124
Provision for liabilities: ( 1,845 ) ( 421,749 )
Total net assets (liabilities): 4,209,057 3,614,375
Capital and reserves
Called up share capital: 3,500,213 3,500,213
Share premium account: 4,304,525 4,304,525
Profit and loss account: (3,595,681 ) (4,190,363 )
Total Shareholders' funds: 4,209,057 3,614,375

The notes form part of these financial statements

DUNCARE LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 October 2024
and signed on behalf of the board by:

Name: Ewan G Findlay
Status: Director

The notes form part of these financial statements

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Land and buildings - 1% straight line Plant and machinery - 15% straight line Motor vehicles - 25% straight line Fixtures and fittings - 15% straight line Office equipment - 20% straight line

    Valuation information and policy

    Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 78 81

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 2,314,007 837,938 16,990 3,168,935
Additions 52,436 52,436
Disposals
Revaluations
Transfers
At 31 March 2024 2,314,007 890,374 16,990 3,221,371
Depreciation
At 1 April 2023 62,500 759,909 16,990 839,399
Charge for year 5,397 53,577 58,974
On disposals
Other adjustments
At 31 March 2024 67,897 813,486 16,990 898,373
Net book value
At 31 March 2024 2,246,110 76,888 0 2,322,998
At 31 March 2023 2,251,507 78,029 0 2,329,536

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 2,119 2,119
Total 2,119 2,119

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 493,165 331,319
Prepayments and accrued income 5,515 14,872
Other debtors 1,376,251 1,539,402
Total 1,874,931 1,885,593

DUNCARE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 69,009 40,913
Taxation and social security 80,130 105,438
Accruals and deferred income 229,508 166,036
Other creditors 9,458 52,622
Total 388,105 365,009