Company Registration No. SC051416 (Scotland)
Don Plant Limited
Unaudited accounts
for the year ended 30 September 2024
Don Plant Limited
Unaudited accounts
Contents
Don Plant Limited
Company Information
for the year ended 30 September 2024
Directors
Donald Cochrane
Margaret Cochrane
Company Number
SC051416 (Scotland)
Registered Office
Market Hill Farm
Lochwinnoch
Renfrewshire
Accountants
Ascent Accounting Ltd
Studio 106 Embroidery Mill
Seedhill
Paisley
PA1 1TJ
Don Plant Limited
Statement of financial position
as at 30 September 2024
Tangible assets
48,613
52,646
Cash at bank and in hand
200,814
188,624
Creditors: amounts falling due within one year
(4,866)
(4,074)
Net current assets
203,141
198,456
Total assets less current liabilities
251,754
251,102
Creditors: amounts falling due after more than one year
(153,669)
(171,669)
Called up share capital
100
100
Profit and loss account
97,985
79,333
Shareholders' funds
98,085
79,433
For the year ending 30 September 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by
Donald Cochrane
Director
Company Registration No. SC051416
Don Plant Limited
Notes to the Accounts
for the year ended 30 September 2024
Don Plant Limited is a private company, limited by shares, registered in Scotland, registration number SC051416. The registered office is Market Hill Farm, Lochwinnoch, Renfrewshire.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2023
36,523
147,777
22,126
463
206,889
At 30 September 2024
36,523
147,777
22,126
463
206,889
At 1 October 2023
-
131,657
22,125
461
154,243
Charge for the year
-
4,030
1
2
4,033
At 30 September 2024
-
135,687
22,126
463
158,276
At 30 September 2024
36,523
12,090
-
-
48,613
At 30 September 2023
36,523
16,120
1
2
52,646
Don Plant Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Accrued income and prepayments
1,683
1,865
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
153,669
171,669
8
Transactions with related parties
During the year the company received a loan from it's directors. The balance on this loan as at 30th September 2024 was £153,669 (2023 - £171,669).
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).