Registered number: SC630095 | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
Prepared By: | ||||||||
James Nicol Ltd | ||||||||
17 Wellside Place | ||||||||
Falkirk | ||||||||
FK1 5RL |
The Duncan Family Investment Company Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
FALKIRK | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in SC - Scotland, registered number SC630095 | ||||||||
BANKERS | ||||||||
Bank of Scotland | ||||||||
ACCOUNTANTS | ||||||||
James Nicol Ltd | ||||||||
17 Wellside Place | ||||||||
Falkirk | ||||||||
FK1 5RL |
The Duncan Family Investment Company Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/05/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
The Duncan Family Investment Company Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Investment Assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
519,291 | 822,754 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (25,348) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 | |||||||||
Profit and loss account | 75,217 | (32,007) | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
The Duncan Family Investment Company Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
3. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/06/2023 | 993,341 | 993,341 | |||||||
Additions | 684,238 | 684,238 | |||||||
Disposals | (330,983) | (330,983) | |||||||
Revaluation | 57,910 | 57,910 | |||||||
At 31/05/2024 | 1,404,506 | 1,404,506 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/05/2024 | 1,404,506 | 1,404,506 | |||||||
At 31/05/2023 | 993,341 | 993,341 | |||||||
The Duncan Family Investment Company Ltd | ||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Directors current account 1 | 766,297 | 766,299 | ||||||
Directors current account 2 | 40,001 | 40,001 | ||||||
Directors current account 3 | 40,002 | 40,002 | ||||||
Accruals | 2,280 | 1,800 | ||||||
848,580 | 848,102 | |||||||
5. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
499999 | 499999 | |||||||
499999 | 499999 | |||||||
1,000,000 | 1,000,000 | |||||||