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REGISTERED NUMBER: SC779573 (Scotland)















DG Maritime Ltd

Financial Statements For The Period 18 August 2023 to 31 August 2024






DG Maritime Ltd (Registered number: SC779573)






Contents of the Financial Statements
For The Period 18 August 2023 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DG Maritime Ltd

Company Information
For The Period 18 August 2023 to 31 August 2024







DIRECTOR: Mr D Geddes



REGISTERED OFFICE: 4 North Guildry Street
Elgin
Moray
IV30 1JR



REGISTERED NUMBER: SC779573 (Scotland)



ACCOUNTANTS: The Long Partnership
4 North Guildry Street
Elgin
Moray
IV30 1JR



BANKERS: Santander
Bridle Road
Bootle
Merseyside
L30 4GB

DG Maritime Ltd (Registered number: SC779573)

Balance Sheet
31 August 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,016

CURRENT ASSETS
Debtors 5 368
Cash at bank 7,060
7,428
CREDITORS
Amounts falling due within one year 6 2,939
NET CURRENT ASSETS 4,489
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,505

CAPITAL AND RESERVES
Called up share capital 7 1
Retained earnings 8 6,504
SHAREHOLDERS' FUNDS 6,505

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 18 December 2024 and were signed by:





Mr D Geddes - Director


DG Maritime Ltd (Registered number: SC779573)

Notes to the Financial Statements
For The Period 18 August 2023 to 31 August 2024

1. STATUTORY INFORMATION

DG Maritime 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.
Equipment - 33% on cost and 25% on reducing balance

Taxation
Taxation for the period 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 period 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 period was NIL.

DG Maritime Ltd (Registered number: SC779573)

Notes to the Financial Statements - continued
For The Period 18 August 2023 to 31 August 2024

4. TANGIBLE FIXED ASSETS
Computer
Equipment equipment Totals
£    £    £   
COST
Additions 2,250 396 2,646
At 31 August 2024 2,250 396 2,646
DEPRECIATION
Charge for period 564 66 630
At 31 August 2024 564 66 630
NET BOOK VALUE
At 31 August 2024 1,686 330 2,016

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 368

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 1,955
Other creditors 984
2,939

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary 1 1

8. RESERVES
Retained
earnings
£   

Profit for the period 8,504
Dividends (2,000 )
At 31 August 2024 6,504

9. RELATED PARTY DISCLOSURES

During the period, total dividends of £2,000 were paid to the director .

During the year the director met expenses totalling £185 on behalf of the company. At 31 August 2024 the company owed the director £185. This loan is interest free and has no fixed repayment terms.