Company Registration No. SC721688 (Scotland)
Davidson MacLeod Construction Limited
Unaudited accounts
for the year ended 29 February 2024
Davidson MacLeod Construction Limited
Unaudited accounts
Contents
Davidson MacLeod Construction Limited
Company Information
for the year ended 29 February 2024
Directors
Andrew Spencer Davidson
William James Lewis MacLeod
Company Number
SC721688 (Scotland)
Registered Office
New South Clochtow Farm
Collieston
Ellon
Aberdeenshire
AB41 8SQ
Davidson MacLeod Construction Limited
Statement of financial position
as at 29 February 2024
Tangible assets
9,510
12,010
Cash at bank and in hand
8,034
2,931
Creditors: amounts falling due within one year
(22,131)
(9,572)
Net current liabilities
(5,081)
(6,641)
Profit and loss account
4,427
5,367
Shareholders' funds
4,429
5,369
For the year ending 29 February 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 22 October 2024 and were signed on its behalf by
Andrew Spencer Davidson
Director
Company Registration No. SC721688
Davidson MacLeod Construction Limited
Notes to the Accounts
for the year ended 29 February 2024
Davidson MacLeod Construction Limited is a private company, limited by shares, registered in Scotland, registration number SC721688. The registered office is New South Clochtow Farm, Collieston, Ellon, Aberdeenshire, AB41 8SQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
2,010
12,500
14,510
At 29 February 2024
2,010
12,500
14,510
At 1 March 2023
-
2,500
2,500
Charge for the year
-
2,500
2,500
At 29 February 2024
-
5,000
5,000
At 29 February 2024
2,010
7,500
9,510
At 28 February 2023
2,010
10,000
12,010
Amounts falling due within one year
Davidson MacLeod Construction Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,053
-
Loans from directors
(2,677)
9,572
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).