2023-08-01 SC703287 2024-07-31 SC703287 2023-08-01 2024-07-31 SC703287 2023-07-31 SC703287 2022-08-01 2023-07-31 SC703287 uk-core:WithinOneYear 2023-07-31 SC703287 uk-core:WithinOneYear 2024-07-31 SC703287 uk-core:AfterOneYear 2023-07-31 SC703287 uk-core:AfterOneYear 2024-07-31 SC703287 uk-core:ShareCapital 2024-07-31 SC703287 uk-core:ShareCapital 2023-07-31 SC703287 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC703287 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 SC703287 uk-bus:Director1 2023-08-01 2024-07-31 SC703287 uk-core:Buildings 2023-08-01 2024-07-31 SC703287 uk-core:WithinOneYear 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure SC703287 uk-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 SC703287 uk-bus:FRS102 2023-08-01 2024-07-31 SC703287 uk-bus:FilletedAccounts 2023-08-01 2024-07-31 SC703287 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31
DIFK Ltd
Registered Number:SC703287
For the year ended 31 July 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 July 2024
DIFK Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC703287
As at 31 July 2024
DIFK Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
685,160
210,160
2
685,160
210,160
Current assets
Trade and other receivables
250
1,778
3
8,429
Cash and cash equivalents
4,770
6,548
8,679
Trade and other payables: amounts falling due within one
year
(122,518)
(308,218)
4
(113,839)
(301,670)
Net current liabilities
Total assets less current liabilities
383,490
96,321
Trade and other payables: amounts falling due after more
than one year
(125,982)
(468,805)
5
(85,315)
Net liabilities
(29,661)
Capital and reserves
Called up share capital
4
4
Retained earnings
(85,319)
(29,665)
(85,315)
(29,661)
Shareholders' funds
For the year ended 31 July 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Isabella Bennett Director
These financial statements were approved and authorised for issue by the Board on 24 February 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 July 2024
DIFK Ltd
Notes to the Financial Statements
Statutory Information
DIFK Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC703287.
Registered address:
14 Lovedale Road
Balerno
Edinburgh
EH14 7DW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
0%
2. Property, plant and equipment
Land and
Buildings
£
Cost or
valuation
At 01 August 2023
210,160
475,000
Additions
At 31 July 2024
685,160
At 31 July 2024
Net book value
685,160
At 31 July 2023
210,160
3. Trade and other receivables
2023
2024
£
£
Other debtors
1,778
250
Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment.
2 of 3
5
For the year ended 31 July 2024
DIFK Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Other creditors
308,218
122,518
Short-term creditors are measured at the transaction price. Other financial laibilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
468,805
125,982
6. Average number of persons employed
During the year the average number of employees was 0
3 of 3