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REGISTERED NUMBER: SC618945 (Scotland)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 May 2024

for

DJC Rentals Limited

DJC Rentals Limited (Registered number: SC618945)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


DJC Rentals Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: D Conner





SECRETARY:





REGISTERED OFFICE: 191 Station Road
Shotts
North Lanarkshire
ML7 4BA





REGISTERED NUMBER: SC618945 (Scotland)





ACCOUNTANTS: EAC Accountancy Limited
191 Station Road
Shotts
North Lanarkshire
ML7 4BA

DJC Rentals Limited (Registered number: SC618945)

Report of the Director
for the Year Ended 31 May 2024

The director presents his report with the financial statements of the company for the year ended 31 May 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Property Rentals.

DIRECTOR
D Conner held office during the whole of the period from 1 June 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





D Conner - Director


21 February 2025

DJC Rentals Limited (Registered number: SC618945)

Income Statement
for the Year Ended 31 May 2024

31.5.24 31.5.23
£    £   

TURNOVER 108,361 33,195

Administrative expenses 18,108 18,249
OPERATING PROFIT 90,253 14,946


Interest payable and similar
expenses

140

190
PROFIT BEFORE TAXATION 90,113 14,756

Tax on profit 20,130 2,804
PROFIT FOR THE FINANCIAL YEAR 69,983 11,952

DJC Rentals Limited (Registered number: SC618945)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,411 48,411

CURRENT ASSETS
Cash at bank 32,515 16,173

CREDITORS
Amounts falling due within one year 5 22,408 8,427
NET CURRENT ASSETS 10,107 7,746
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,518

56,157

CREDITORS
Amounts falling due after more than
one year

6

2,314

33,470
NET ASSETS 56,204 22,687

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 56,104 22,587
56,204 22,687

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

DJC Rentals Limited (Registered number: SC618945)

Balance Sheet - continued
31 May 2024


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

The financial statements were approved by the director and authorised for issue on 21 February 2025 and were signed by:





D Conner - Director


DJC Rentals Limited (Registered number: SC618945)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

DJC Rentals Limited 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
Freehold properties are included within tangible assets that the director considers the current market value to be greater than cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

DJC Rentals Limited (Registered number: SC618945)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 June 2023
and 31 May 2024 48,411
NET BOOK VALUE
At 31 May 2024 48,411
At 31 May 2023 48,411

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 1,989 1,940
Taxation and social security 19,756 5,784
Other creditors 663 703
22,408 8,427

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 2,314 4,352
Other creditors - 29,118
2,314 33,470