DUNMUIR COACHWORKS LTD

Company Registration Number:
SC647461 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

DUNMUIR COACHWORKS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

DUNMUIR COACHWORKS LTD

Company Information

for the Period Ended 31 December 2024




Director: Olivia Duncan
Donald Duncan
Registered office: 9
Auldlea Gardens
Beith
GB-SCT
KA15 2EP
Company Registration Number: SC647461 (Scotland)

DUNMUIR COACHWORKS LTD

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal Activities

The company's principle activity during the period was the repair of Motor and Commercial Vehicles.

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
Olivia Duncan
Donald Duncan

This report was approved by the board of directors on 17 March 2025
And Signed On Behalf Of The Board By:

Name: Olivia Duncan
Status: Director

Name: Donald Duncan
Status: Director

DUNMUIR COACHWORKS LTD

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 91,046 89,707
Total fixed assets: 91,046 89,707
Current assets
Stocks: 8,250 7,000
Debtors: 5 21,216 18,647
Cash at bank and in hand: 57,261 34,465
Total current assets: 86,727 60,112
Prepayments and accrued income: 10,980 0
Creditors: amounts falling due within one year: 6 ( 67,932 ) ( 54,920 )
Net current assets (liabilities): 29,775 5,192
Total assets less current liabilities: 120,821 94,899
Creditors: amounts falling due after more than one year: 7 ( 35,052 ) ( 48,117 )
Total net assets (liabilities): 85,769 46,782

The notes form part of these financial statements

DUNMUIR COACHWORKS LTD

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 101 101
Profit and loss account: 85,668 46,681
Shareholders funds: 85,769 46,782

For the year ending 31 December 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.

This report was approved by the board of directors on 17 March 2025
And Signed On Behalf Of The Board By:

Name: Olivia Duncan
Status: Director

Name: Donald Duncan
Status: Director

The notes form part of these financial statements

DUNMUIR COACHWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

DUNMUIR COACHWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 3

DUNMUIR COACHWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

DUNMUIR COACHWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Motor vehicles Total
Cost £ £ £ £ £
At 01 January 2024 17,190 47,076 1,714 48,499 114,479
Additions - 17,879 6,621 - 24,500
Disposals - - - - -
Revaluations - - - - -
Transfers - - - - -
At 31 December 2024 17,190 64,955 8,335 48,499 138,979
Depreciation
At 01 January 2024 3,320 12,903 1,476 7,073 24,772
Charge for year 1,719 8,505 875 10,421 21,520
On disposals - - - - -
Other adjustments ( 660 ) 3,107 ( 547 ) ( 259 ) 1,641
At 31 December 2024 4,379 24,515 1,804 17,235 47,933
Net book value
At 31 December 2024 12,811 40,440 6,531 31,264 91,046
At 31 December 2023 13,870 34,173 238 41,426 89,707

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life.

Freehold property 10%
Plant and machinery 25% on reducing balance
Fixtures and fittings 14% on straight line basis
Equipment 25% on straight line basis

DUNMUIR COACHWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors


2024
£

2023
£
Trade debtors 20,714 18,647
Other debtors 502
Total 21,216 18,647

DUNMUIR COACHWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 6,405 3,000
Amounts due under finance leases and hire purchase contracts 11,472 10,800
Trade creditors 14,329 15,519
Taxation and social security 20,255 8,131
Accruals and deferred income 995
Other creditors 15,471 16,475
Total 67,932 54,920

DUNMUIR COACHWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 17,060 21,118
Amounts due under finance leases and hire purchase contracts 17,992 26,999
Total 35,052 48,117