IRIS Accounts Production v24.3.2.46 SC655611 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6556112023-04-30SC6556112024-04-30SC6556112023-05-012024-04-30SC6556112022-04-30SC6556112022-05-012023-04-30SC6556112023-04-30SC655611ns15:Scotland2023-05-012024-04-30SC655611ns14:PoundSterling2023-05-012024-04-30SC655611ns10:Director12023-05-012024-04-30SC655611ns10:Director22023-05-012024-04-30SC655611ns10:PrivateLimitedCompanyLtd2023-05-012024-04-30SC655611ns10:SmallEntities2023-05-012024-04-30SC655611ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-30SC655611ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-30SC655611ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-30SC655611ns10:FullAccounts2023-05-012024-04-30SC65561112023-05-012024-04-30SC655611ns10:Director32023-05-012024-04-30SC655611ns10:RegisteredOffice2023-05-012024-04-30SC655611ns5:CurrentFinancialInstruments2024-04-30SC655611ns5:CurrentFinancialInstruments2023-04-30SC655611ns5:Non-currentFinancialInstruments2024-04-30SC655611ns5:Non-currentFinancialInstruments2023-04-30SC655611ns5:ShareCapital2024-04-30SC655611ns5:ShareCapital2023-04-30SC655611ns5:RetainedEarningsAccumulatedLosses2024-04-30SC655611ns5:RetainedEarningsAccumulatedLosses2023-04-30SC655611ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-30SC655611ns5:PatentsTrademarksLicencesConcessionsSimilar2023-05-012024-04-30SC655611ns5:PlantMachinery2023-05-012024-04-30SC655611ns5:IntangibleAssetsOtherThanGoodwill2023-04-30SC655611ns5:IntangibleAssetsOtherThanGoodwill2024-04-30SC655611ns5:IntangibleAssetsOtherThanGoodwill2023-04-30SC655611ns5:PlantMachinery2023-04-30SC655611ns5:PlantMachinery2024-04-30SC655611ns5:PlantMachinery2023-04-30SC655611ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-30SC655611ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30SC655611ns10:Director222023-04-30SC655611ns10:Director222022-04-30SC655611ns10:Director222023-05-012024-04-30SC655611ns10:Director222022-05-012023-04-30SC655611ns10:Director222024-04-30SC655611ns10:Director222023-04-30SC6556111ns10:Director12023-04-30SC6556111ns10:Director12022-04-30SC6556111ns10:Director12023-05-012024-04-30SC6556111ns10:Director12022-05-012023-04-30SC6556111ns10:Director12024-04-30SC6556111ns10:Director12023-04-30
REGISTERED NUMBER: SC655611 (Scotland)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Dunnetts Transport Ltd

Dunnetts Transport Ltd (Registered number: SC655611)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dunnetts Transport Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Dunnetts Ltd
S Dunnett
G A Dunnett





REGISTERED OFFICE: Ormlie Lodge
Ormlie Road
Thurso
Caithness
KW14 7DP





REGISTERED NUMBER: SC655611 (Scotland)





ACCOUNTANTS: Reid & Fraser
Chartered Accountants
15 Princes Street
Thurso
Caithness
KW14 7BQ

Dunnetts Transport Ltd (Registered number: SC655611)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 266 266
Tangible assets 5 287,265 70,294
287,531 70,560

CURRENT ASSETS
Debtors 6 166,302 137,986
Cash at bank and in hand 147,816 163,415
314,118 301,401
CREDITORS
Amounts falling due within one year 7 (156,777 ) (58,610 )
NET CURRENT ASSETS 157,341 242,791
TOTAL ASSETS LESS CURRENT
LIABILITIES

444,872

313,351

CREDITORS
Amounts falling due after more than one
year

8

(22,032

)

(34,622

)

PROVISIONS FOR LIABILITIES (57,494 ) (12,691 )
NET ASSETS 365,346 266,038

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 365,345 266,037
SHAREHOLDERS' FUNDS 365,346 266,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Dunnetts Transport Ltd (Registered number: SC655611)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2025 and were signed on its behalf by:




S Dunnett - Director



G A Dunnett - Director


Dunnetts Transport Ltd (Registered number: SC655611)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Dunnetts Transport 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.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% reducing balance and 15% 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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Dunnetts Transport Ltd (Registered number: SC655611)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 May 2023
and 30 April 2024 266
NET BOOK VALUE
At 30 April 2024 266
At 30 April 2023 266

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 94,546
Additions 298,231
Disposals (3,000 )
At 30 April 2024 389,777
DEPRECIATION
At 1 May 2023 24,252
Charge for year 79,573
Eliminated on disposal (1,313 )
At 30 April 2024 102,512
NET BOOK VALUE
At 30 April 2024 287,265
At 30 April 2023 70,294

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 74,542 58,526
Amounts owed by group undertakings 25,000 24,000
Other debtors 66,760 55,460
166,302 137,986

Dunnetts Transport Ltd (Registered number: SC655611)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 12,590 12,590
Trade creditors 57,146 11,882
Amounts owed to group undertakings 74,014 18,160
Taxation and social security 2,522 6,185
Other creditors 10,505 9,793
156,777 58,610

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 22,032 34,622

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
G A Dunnett
Balance outstanding at start of year 208 252
Amounts advanced 364 -
Amounts repaid - (44 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 572 208

S Dunnett
Balance outstanding at start of year 361 88
Amounts advanced - 273
Amounts repaid (347 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14 361

10. ULTIMATE CONTROLLING PARTY

The controlling party is Dunnetts Ltd.