Company Registration No. SC339445 (Scotland)
D K B Designs Limited
Unaudited accounts
for the year ended 31 May 2024
D K B Designs Limited
Unaudited accounts
Contents
D K B Designs Limited
Company Information
for the year ended 31 May 2024
Company Number
SC339445 (Scotland)
Registered Office
PRINCES EXCHANGE
1 EARL GREY STREET
EDINBURGH
MIDLOTHIAN
EH3 9EE
Accountants
Rebecca Donald
Dunollie
Back of Keppoch
ARISAIG
PH39 4NS
D K B Designs Limited
Statement of financial position
as at 31 May 2024
Tangible assets
80,381
88,975
Cash at bank and in hand
569,940
335,024
Creditors: amounts falling due within one year
(111,746)
(132,215)
Net current assets
461,194
358,374
Net assets
541,575
447,349
Called up share capital
1
1
Profit and loss account
541,574
447,348
Shareholders' funds
541,575
447,349
For the year ending 31 May 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 director acknowledges her 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 and authorised for issue on 15 November 2024 and were signed on its behalf by
Willa Lloyd
Director
Company Registration No. SC339445
D K B Designs Limited
Notes to the Accounts
for the year ended 31 May 2024
D K B Designs Limited is a private company, limited by shares, registered in Scotland, registration number SC339445. The registered office is PRINCES EXCHANGE, 1 EARL GREY STREET, EDINBURGH, MIDLOTHIAN, EH3 9EE.
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:
Land & buildings
over 20 years
Motor vehicles
over 5 years
Fixtures & fittings
over 5 years
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
148,720
17,995
23,231
189,946
At 31 May 2024
148,720
17,995
23,805
190,520
At 1 June 2023
61,586
17,995
21,390
100,971
Charge for the year
7,436
-
1,732
9,168
At 31 May 2024
69,022
17,995
23,122
110,139
At 31 May 2024
79,698
-
683
80,381
At 31 May 2023
87,134
-
1,841
88,975
D K B Designs Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,190
56,359
Taxes and social security
84,612
23,738
Loans from directors
96
52,118
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).