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Registered number: SC630095

The Duncan Family Investment Company Ltd

ACCOUNTS
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
Elizabeth Duncan
Peter Duncan
Marion Reid
REGISTERED OFFICE
2 Chacefield Wood
Denny
FALKIRK
FK6 5LY
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 Sheet3
Notes To The Accounts4
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 31/05/2024
20242023
Notes££
FIXED ASSETS
Investment Assets31,404,506993,341
CURRENT ASSETS
Cash at bank and in hand519,291822,754
519,291822,754
CREDITORS: Amounts falling due within one year4848,580848,102
NET CURRENT LIABILITIES(329,289)(25,348)
TOTAL ASSETS LESS CURRENT LIABILITIES1,075,217967,993
CAPITAL AND RESERVES
Called up share capital51,000,0001,000,000
Profit and loss account75,217(32,007)
SHAREHOLDERS' FUNDS1,075,217967,993
For the year ending 31/05/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26/02/2025 and signed on their behalf by
.............................
Peter Duncan
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
20242023
No.No.
Average number of employees--
3. FINANCIAL ASSETS
Other
InvestmentsTotal
££
Cost
At 01/06/2023993,341993,341
Additions684,238684,238
Disposals(330,983)(330,983)
Revaluation57,91057,910
At 31/05/20241,404,5061,404,506
Amortisation
Net Book Amounts
At 31/05/20241,404,5061,404,506
At 31/05/2023993,341993,341

The Duncan Family Investment Company Ltd

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Directors current account 1766,297766,299
Directors current account 240,00140,001
Directors current account 340,00240,002
Accruals2,2801,800
848,580848,102
5. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 A Ordinary of £1 each22
499999 B Ordinary of £1 each499999499999
499999 C Ordinary of £1 each499999499999
1,000,0001,000,000