Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312024-01-01falseOperation of furnished holiday lets22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC698714 2024-01-01 2024-12-31 SC698714 2023-01-01 2023-12-31 SC698714 2024-12-31 SC698714 2023-12-31 SC698714 c:Director1 2024-01-01 2024-12-31 SC698714 c:Director2 2024-01-01 2024-12-31 SC698714 c:RegisteredOffice 2024-01-01 2024-12-31 SC698714 d:Buildings 2024-12-31 SC698714 d:Buildings 2023-12-31 SC698714 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC698714 d:PlantMachinery 2024-01-01 2024-12-31 SC698714 d:PlantMachinery 2024-12-31 SC698714 d:PlantMachinery 2023-12-31 SC698714 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC698714 d:FurnitureFittings 2024-01-01 2024-12-31 SC698714 d:FurnitureFittings 2024-12-31 SC698714 d:FurnitureFittings 2023-12-31 SC698714 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC698714 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 SC698714 d:CurrentFinancialInstruments 2024-12-31 SC698714 d:CurrentFinancialInstruments 2023-12-31 SC698714 d:Non-currentFinancialInstruments 2024-12-31 SC698714 d:Non-currentFinancialInstruments 2023-12-31 SC698714 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 SC698714 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC698714 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 SC698714 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 SC698714 d:ShareCapital 2024-12-31 SC698714 d:ShareCapital 2023-12-31 SC698714 d:RetainedEarningsAccumulatedLosses 2024-12-31 SC698714 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC698714 c:OrdinaryShareClass1 2024-01-01 2024-12-31 SC698714 c:OrdinaryShareClass1 2024-12-31 SC698714 c:OrdinaryShareClass1 2023-12-31 SC698714 c:OrdinaryShareClass2 2024-01-01 2024-12-31 SC698714 c:OrdinaryShareClass2 2024-12-31 SC698714 c:OrdinaryShareClass2 2023-12-31 SC698714 c:FRS102 2024-01-01 2024-12-31 SC698714 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC698714 c:FullAccounts 2024-01-01 2024-12-31 SC698714 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC698714 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC698714










DALNOID LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
DALNOID LIMITED
 

COMPANY INFORMATION


Directors
Mr P J Smith 
Mrs S M Smith 




Registered number
SC698714



Registered office
122 Perth Road

Blairgowrie

PH10 6ED




Trading Address
Dalnoid Cottages and Treehouses
Glenshee

Blairgowrie

PH10 7LR







 
DALNOID LIMITED
REGISTERED NUMBER: SC698714

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
1,485,524
1,499,063

  
1,485,524
1,499,063

Current assets
  

Debtors: amounts falling due within one year
 5 
-
3,699

Cash at bank and in hand
  
10,716
15,317

  
10,716
19,016

Creditors: amounts falling due within one year
 6 
(730,601)
(806,710)

Net current liabilities
  
 
 
(719,885)
 
 
(787,694)

Total assets less current liabilities
  
765,639
711,369

Creditors: amounts falling due after more than one year
 7 
(560,054)
(583,564)

Provisions for liabilities
  

Deferred tax
  
(12,222)
(14,794)

  
 
 
(12,222)
 
 
(14,794)

Net assets
  
193,363
113,011


Capital and reserves
  

Called up share capital 
 8 
101
101

Profit and loss account
  
193,262
112,910

  
193,363
113,011


Page 1

 
DALNOID LIMITED
REGISTERED NUMBER: SC698714

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 February 2025.




Mrs S M Smith
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
DALNOID LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Dalnoid Limited is a private company, limited by shares, incorporated in Scotland with registration number SC698714. The registered office is 122 Perth Road, Blairgowrie, PH10 6ED. The principle place of business is Dalnoid, Glenshee, Blairgowrie, Perthshire, PH10 7LR.
The Company's functional and presentational currency is GBP

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
DALNOID LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
10%
Fixtures and fittings
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
DALNOID LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Heritable property
Plant and machinery
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 January 2024
1,421,200
26,436
90,480
1,538,116



At 31 December 2024

1,421,200
26,436
90,480
1,538,116



Depreciation


At 1 January 2024
-
6,093
32,960
39,053


Charge for the year on owned assets
-
2,034
11,505
13,539



At 31 December 2024

-
8,127
44,465
52,592



Net book value



At 31 December 2024
1,421,200
18,309
46,015
1,485,524

Page 5

 
DALNOID LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Other debtors
-
370

Prepayments and accrued income
-
3,329

-
3,699



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
21,354
31,466

Other taxation and social security
41,628
34,063

Other creditors
643,082
715,618

Bank loans
24,537
25,563

730,601
806,710



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
560,054
583,564

560,054
583,564


The following liabilities were secured:

2024
2023
£
£



Bank loan
584,591
609,127

584,591
609,127

Details of security provided:

The company granted a standard security in favour of The Royal Bank of Scotland PLC on 14 December 2021 over the whole subjects known as and forming Dalnoid, Glenshee, Blairgowrie. This includes the subjects registered in the land registry under (1) title number PTH40963; (2) title number PTH18281;      (3) title number PTH42425; and (4) title number PTH36784.

Page 6

 
DALNOID LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary A shares of £1.00 each
100
100
1 (2023 - 1) Ordinary B share of £1.00
1
1

101

101



Page 7