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REGISTERED NUMBER: SC363261 (Scotland)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 July 2024

for

Daniel Sutherland Design Studio Ltd

Daniel Sutherland Design Studio Ltd (Registered number: SC363261)






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




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Daniel Sutherland Design Studio Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: D Sutherland
Mrs J Sutherland





REGISTERED OFFICE: 23 Rubislaw Den North
Aberdeen
Aberdeen
Aberdeenshire
AB15 4AL





REGISTERED NUMBER: SC363261 (Scotland)





ACCOUNTANTS: MacDonald Accountancy Services
11 Margaret Street
Stonehaven
Aberdeenshire
AB39 2AY

Daniel Sutherland Design Studio Ltd (Registered number: SC363261)

Report of the Directors
for the Year Ended 31 July 2024

The directors present their report with the financial statements of the company for the year ended 31 July 2024.

DIRECTORS
D Sutherland has held office during the whole of the period from 1 August 2023 to the date of this report.

Other changes in directors holding office are as follows:

Mrs J Sutherland - appointed 27 June 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





D Sutherland - Director


27 September 2024

Daniel Sutherland Design Studio Ltd (Registered number: SC363261)

Income Statement
for the Year Ended 31 July 2024

31.7.24 31.7.23
£    £   

TURNOVER 48,333 31,081

Cost of sales 8,226 5,088
GROSS PROFIT 40,107 25,993

Administrative expenses 35,381 28,275
OPERATING PROFIT/(LOSS) and
PROFIT/(LOSS) BEFORE TAXATION 4,726 (2,282 )

Tax on profit/(loss) 463 -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

4,263

(2,282

)

Daniel Sutherland Design Studio Ltd (Registered number: SC363261)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £   
CURRENT ASSETS
Debtors 5 - 2,449
Cash at bank 8,536 -
8,536 2,449
CREDITORS
Amounts falling due within one year 6 5,068 1,244
NET CURRENT ASSETS 3,468 1,205
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,468

1,205

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 3,466 1,203
SHAREHOLDERS' FUNDS 3,468 1,205

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2024 and were signed on its behalf by:





D Sutherland - Director


Daniel Sutherland Design Studio Ltd (Registered number: SC363261)

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

1. STATUTORY INFORMATION

Daniel Sutherland Design Studio Ltd 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.
Computer equipment - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Daniel Sutherland Design Studio Ltd (Registered number: SC363261)

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2023
and 31 July 2024 3,362
DEPRECIATION
At 1 August 2023
and 31 July 2024 3,362
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors - 2,449

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts - 744
Taxation and social security 463 -
Other creditors 4,605 500
5,068 1,244