West Lothian Dog Daycare Ltd SC588381 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is the hire of enclosed dog walking fields. Digita Accounts Production Advanced 6.30.9574.0 true SC588381 2023-03-01 2024-02-29 SC588381 2024-02-29 SC588381 core:CurrentFinancialInstruments 2024-02-29 SC588381 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 SC588381 core:FurnitureFittingsToolsEquipment 2024-02-29 SC588381 bus:SmallEntities 2023-03-01 2024-02-29 SC588381 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 SC588381 bus:FilletedAccounts 2023-03-01 2024-02-29 SC588381 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 SC588381 bus:RegisteredOffice 2023-03-01 2024-02-29 SC588381 bus:Director2 2023-03-01 2024-02-29 SC588381 bus:Director3 2023-03-01 2024-02-29 SC588381 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 SC588381 core:FurnitureFittings 2023-03-01 2024-02-29 SC588381 core:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-03-01 2024-02-29 SC588381 countries:Scotland 2023-03-01 2024-02-29 SC588381 2023-02-28 SC588381 core:FurnitureFittingsToolsEquipment 2023-02-28 SC588381 2022-03-01 2023-02-28 SC588381 2023-02-28 SC588381 core:CurrentFinancialInstruments 2023-02-28 SC588381 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 iso4217:GBP xbrli:pure

Registration number: SC588381

West Lothian Dog Daycare Ltd

Unaudited Filleted Financial Statements

for the Year Ended 29 February 2024

 

West Lothian Dog Daycare Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

West Lothian Dog Daycare Ltd

Company Information

Directors

Mr I Stewart

Ms C Scott

Registered office

 

2 Bethany Home Farm
North Greendykes
Broxburn
West Lothian
EH52 6PN

Accountants

Glen Drummond Ltd
Argyll House
Quarrywood Court
Livingston
West Lothian
EH54 6AX

 

West Lothian Dog Daycare Ltd

(Registration number: SC588381)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Current assets

 

Debtors

5

3,676

722

Creditors: Amounts falling due within one year

6

(2,573)

(1,057)

Total assets less current liabilities

 

1,103

(335)

Provisions for liabilities

398

639

Net assets

 

1,501

304

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

1,401

204

Shareholders' funds

 

1,501

304

 

West Lothian Dog Daycare Ltd

(Registration number: SC588381)
Balance Sheet as at 29 February 2024

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 November 2024 and signed on its behalf by:
 

.........................................
Mr I Stewart
Director

 

West Lothian Dog Daycare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
2 Bethany Home Farm
North Greendykes
Broxburn
West Lothian
EH52 6PN

These financial statements were authorised for issue by the Board on 25 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. There were no material departures from that standard.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in
the accounting policies certain items are shown at fair value

The presentation currency of the financial statements is the Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration derived from the hire of enclosed dog walking fields. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.

 

West Lothian Dog Daycare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

At the balance sheet date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Expenditure of £500 or more on individual tangible fixed assets is capitalised at cost. Expenditure on assets below this threshold is charged directly to the profit and loss account in the period it is incurred.

Depreciation

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:

Asset class

Depreciation method and rate

Fixture, fittings and euipment

25% straight line

 

West Lothian Dog Daycare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year was 2 (2023 - 2).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 March 2023

6,966

6,966

At 29 February 2024

6,966

6,966

Depreciation

At 1 March 2023

6,966

6,966

At 29 February 2024

6,966

6,966

Carrying amount

At 29 February 2024

-

-

 

West Lothian Dog Daycare Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

5

Debtors

2024
£

2023
£

Other debtors

3,676

722

3,676

722

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

173

-

Accruals and deferred income

2,400

980

Other creditors

-

77

2,573

1,057

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

       

8

Related party transactions

The company operates a loan account with the director, Mr I Stewart.
During the year, the company advanced loans totalling £1,535 to the director. At the year end, the balance due from the director was £1,476 (2023 - £59 due to the director). This loan is unsecured, interest free and has no fixed repayment terms.

The company operates a loan account with the director, Ms C Scott.
During the year, the company advanced loans totalling £1,535 to the director. At the year end, the balance due from the director was £1,516 (2023 - £19 due to the director). This loan is unsecured, interest free and has no fixed repayment terms.