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REGISTERED NUMBER: SC797381 (Scotland)















Unaudited Financial Statements

for the Period 1 February 2024 to 28 February 2025

for

Dornoch BID Limited

Dornoch BID Limited (Registered number: SC797381)






Contents of the Financial Statements
for the Period 1 February 2024 to 28 February 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Dornoch BID Limited

Company Information
for the Period 1 February 2024 to 28 February 2025







DIRECTORS: G G I Dixon
M A Grant
Ms V C Knox
R Smith
Ms C L Bruce
J W Duhigg
Mrs C A MacCulloch
J W McGillivray
T C Thompson





REGISTERED OFFICE: C/o Mackay & Co CA
Unit 8
Golspie Business Park
Golspie
Sutherland
KW10 6UB





REGISTERED NUMBER: SC797381 (Scotland)





ACCOUNTANTS: Mackay & Co
Chartered Accountants
Unit 8
Golspie Business Park
Golspie
Sutherland
KW10 6UB

Dornoch BID Limited (Registered number: SC797381)

Abridged Balance Sheet
28 February 2025

Notes £    £   
FIXED ASSETS
Tangible assets 4 640

CURRENT ASSETS
Debtors 6,108
Cash at bank 10,442
16,550
CREDITORS
Amounts falling due within one year 7,431
NET CURRENT ASSETS 9,119
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,759

RESERVES
Income and expenditure account 5 9,759
9,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2025 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 surplus or deficit 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.

Dornoch BID Limited (Registered number: SC797381)

Abridged Balance Sheet - continued
28 February 2025


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 April 2025 and were signed on its behalf by:





Ms V C Knox - Director


Dornoch BID Limited (Registered number: SC797381)

Notes to the Financial Statements
for the Period 1 February 2024 to 28 February 2025

1. STATUTORY INFORMATION

Dornoch BID Limited is a private company, limited by guarantee , 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.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the period 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 period 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 period was 8 .

Dornoch BID Limited (Registered number: SC797381)

Notes to the Financial Statements - continued
for the Period 1 February 2024 to 28 February 2025

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 853
At 28 February 2025 853
DEPRECIATION
Charge for period 213
At 28 February 2025 213
NET BOOK VALUE
At 28 February 2025 640

5. RESERVES


Opening
balance

Income

Expenditure

Transfers
Closing
balance
£££££

Beinn Tharsuinn Windfarm
Fund

-

500

(500

)

-

-
Common Good Fund-7,074(7,074)--
DED BID Grant-4,818(4,818)--
Food on the Firth-1,300(3,500)2,200-
HIE Seed-494(494)--
NHI CISP Grant-2,225(2,225)--
Unrestricted-71,337(59,378)(2,200)9,759
Total Members Funds-87,748(77,989)-9,759