Company registration number SC793277 (Scotland)
DLE HOLDINGS (SCOTLAND) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
DLE HOLDINGS (SCOTLAND) LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
DLE HOLDINGS (SCOTLAND) LTD
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
Notes
£
£
Fixed assets
Investments
4
850,000
Current assets
Cash at bank and in hand
49,975
Creditors: amounts falling due within one year
5
(902,061)
Net current liabilities
(852,086)
Net liabilities
(2,086)
Capital and reserves
Called up share capital
7
100
Profit and loss reserves
(2,186)
Total equity
(2,086)

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial period ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 29 January 2025 and are signed on its behalf by:
A J Gray
Director
Company Registration No. SC793277
DLE HOLDINGS (SCOTLAND) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information

DLE Holdings (Scotland) LTD is a private company limited by shares incorporated in Scotland. The registered office is Dunblane Light Engineering Ltd, Stirling Road, Stirling, Fallin, FK7 7JB.

1.1
Reporting period

The company incorporated on 22 December 2023 and commenced trading on this date.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.3
Going concern

These financial statements are prepared on the going concern basis. The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. However, the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

DLE HOLDINGS (SCOTLAND) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 SEPTEMBER 2024
- 3 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
Number
Total
-
0
4
Fixed asset investments
2024
£
Shares in group undertakings and participating interests
850,000
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 22 December 2023
-
Additions
850,000
At 30 September 2024
850,000
Carrying amount
At 30 September 2024
850,000
5
Creditors: amounts falling due within one year
2024
£
Amounts owed to group undertakings
373,000
Other creditors
529,061
902,061
DLE HOLDINGS (SCOTLAND) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 SEPTEMBER 2024
- 4 -
6
Secured Debts

Mr James Gray has a floating charge over the assets of the company.

7
Called up share capital
2024
2024
Ordinary share capital
Number
£
Issued and fully paid
Ordinary Shares of £1 each
100
100
8
Related party transactions
2024
Amounts due to related parties
£
Entities over which the entity has control, joint control or significant influence
373,000
2024-09-302023-12-22falsefalsefalse29 January 2025CCH SoftwareCCH Accounts Production 2024.310No description of principal activityA J GrayG BrothertonSC7932772023-12-222024-09-30SC7932772024-09-30SC793277core:CurrentFinancialInstrumentscore:WithinOneYear2024-09-30SC793277core:CurrentFinancialInstruments2024-09-30SC793277core:ShareCapital2024-09-30SC793277core:RetainedEarningsAccumulatedLosses2024-09-30SC793277bus:Director12023-12-222024-09-30SC793277bus:PrivateLimitedCompanyLtd2023-12-222024-09-30SC793277bus:SmallCompaniesRegimeForAccounts2023-12-222024-09-30SC793277bus:FRS1022023-12-222024-09-30SC793277bus:AuditExemptWithAccountantsReport2023-12-222024-09-30SC793277bus:Director22023-12-222024-09-30SC793277bus:FullAccounts2023-12-222024-09-30xbrli:purexbrli:sharesiso4217:GBP