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REGISTERED NUMBER: SC485708 (Scotland)















DRUIM CONSTRUCTION LTD

Financial Statements For The Year Ended 30 September 2024






DRUIM CONSTRUCTION LTD (Registered number: SC485708)






Contents of the Financial Statements
For The Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DRUIM CONSTRUCTION LTD

Company Information
For The Year Ended 30 September 2024







DIRECTORS: A Smith
Mrs K D Smith





REGISTERED OFFICE: 13 Druim Avenue
Inverness
Inverness-shire
IV2 4LG





REGISTERED NUMBER: SC485708 (Scotland)





ACCOUNTANTS: The Long Partnership
1st Floor
Robertson House
Shore Street
Inverness
Highland
IV1 1NF

DRUIM CONSTRUCTION LTD (Registered number: SC485708)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,527 41,844

CURRENT ASSETS
Debtors 5 41,897 20,318
Cash at bank 14,022 22,968
55,919 43,286
CREDITORS
Amounts falling due within one year 6 32,431 26,782
NET CURRENT ASSETS 23,488 16,504
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,015

58,348

CREDITORS
Amounts falling due after more than one
year

7

(17,969

)

(24,424

)

PROVISIONS FOR LIABILITIES (6,586 ) (7,975 )
NET ASSETS 33,460 25,949

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 33,458 25,947
33,460 25,949

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

DRUIM CONSTRUCTION LTD (Registered number: SC485708)

Balance Sheet - continued
30 September 2024


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:





A Smith - Director


DRUIM CONSTRUCTION LTD (Registered number: SC485708)

Notes to the Financial Statements
For The Year Ended 30 September 2024

1. STATUTORY INFORMATION

DRUIM CONSTRUCTION LTD 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 33% on reducing balance and 25% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

DRUIM CONSTRUCTION LTD (Registered number: SC485708)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 October 2023 49,144
Additions 4,117
At 30 September 2024 53,261
DEPRECIATION
At 1 October 2023 7,300
Charge for year 11,434
At 30 September 2024 18,734
NET BOOK VALUE
At 30 September 2024 34,527
At 30 September 2023 41,844

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 31,969 14,928
Other debtors 9,928 5,390
41,897 20,318

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 5,958 5,958
Taxation and social security 20,202 12,710
Other creditors 6,271 8,114
32,431 26,782

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 17,969 24,424