IRIS Accounts Production v24.2.0.383 SC304798 Board of Directors 1.7.23 30.6.24 30.6.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3047982023-06-30SC3047982024-06-30SC3047982023-07-012024-06-30SC3047982022-06-30SC3047982022-07-012023-06-30SC3047982023-06-30SC304798ns15:Scotland2023-07-012024-06-30SC304798ns14:PoundSterling2023-07-012024-06-30SC304798ns10:Director12023-07-012024-06-30SC304798ns10:PrivateLimitedCompanyLtd2023-07-012024-06-30SC304798ns10:SmallEntities2023-07-012024-06-30SC304798ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-30SC304798ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-30SC304798ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-30SC304798ns10:FullAccounts2023-07-012024-06-30SC304798ns10:Director22023-07-012024-06-30SC304798ns10:Director32023-07-012024-06-30SC304798ns10:CompanySecretary12023-07-012024-06-30SC304798ns10:RegisteredOffice2023-07-012024-06-30SC304798ns5:CurrentFinancialInstruments2024-06-30SC304798ns5:CurrentFinancialInstruments2023-06-30SC304798ns5:ShareCapital2024-06-30SC304798ns5:ShareCapital2023-06-30SC304798ns5:RetainedEarningsAccumulatedLosses2024-06-30SC304798ns5:RetainedEarningsAccumulatedLosses2023-06-30SC304798ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-30SC304798ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: SC304798 (Scotland)




















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

DVM FIXINGS & SEALANTS LIMITED

DVM FIXINGS & SEALANTS LIMITED (REGISTERED NUMBER: SC304798)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DVM FIXINGS & SEALANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr Neil Russell McColl
Mr David Iain McColl





SECRETARY: Isobel V McCrossan





REGISTERED OFFICE: Block 7, Unit 1
2 Janesmith Street
ETNA Industrial Estate
Wishaw
Lanarkshire
ML2 7XJ





REGISTERED NUMBER: SC304798 (Scotland)





ACCOUNTANTS: Feely & Company, Chartered Accountants
165 Main Street
Wishaw
Lanarkshire
ML2 7AU

DVM FIXINGS & SEALANTS LIMITED (REGISTERED NUMBER: SC304798)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 5,500 12,263
Debtors 4 15,529 19,420
Cash at bank 2,591 3,867
23,620 35,550
CREDITORS
Amounts falling due within one year 5 16,803 31,682
NET CURRENT ASSETS 6,817 3,868
TOTAL ASSETS LESS CURRENT LIABILITIES 6,817 3,868

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6,717 3,768
SHAREHOLDERS' FUNDS 6,817 3,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:





Mr Neil McColl - Director


DVM FIXINGS & SEALANTS LIMITED (REGISTERED NUMBER: SC304798)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

DVM Fixings & Sealants Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net sales of goods and services, excluding value added tax.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Basic financial instruments
Basic financial instruments, including short term trade and other debtors due to be settled within one year, are accounted for at their transaction price.
Trade and other debtors are reviewed for impairment (e.g. bad debts) at the end of each accounting period.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,790 17,717
Other debtors 739 1,703
15,529 19,420

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,579 23,734
Taxation and social security 715 44
Other creditors 8,509 7,904
16,803 31,682