Company registration number SC033292 (Scotland)
DEW HILL BLENDING COMPANY (GLASGOW) LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
DEW HILL BLENDING COMPANY (GLASGOW) LIMITED
COMPANY INFORMATION
Directors
Mr H D Jansen
Mr H T F Jansen
Secretary
Mr H D Jansen
Company number
SC033292
Registered office
Titanium 1
King's Inch Place
Renfrew
Renfrewshire
PA4 8WF
DEW HILL BLENDING COMPANY (GLASGOW) LIMITED
CONTENTS
Page
Directors' report
1 - 2
Profit and loss account
3
Balance sheet
4
Statement of changes in equity
5
Notes to the financial statements
6 - 7
DEW HILL BLENDING COMPANY (GLASGOW) LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 1 -

The directors present their annual report and financial statements for the year ended 28 February 2024.

Principal activities

The company does not trade.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr H D Jansen
Mr H T F Jansen
DEW HILL BLENDING COMPANY (GLASGOW) LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 2 -
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr H D Jansen
Director
8 May 2025
DEW HILL BLENDING COMPANY (GLASGOW) LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 3 -
2024
2023
£
£
Administrative expenses
(2,887)
(84)
Loss before taxation
(2,887)
(84)
Tax on loss
-
0
-
0
Loss for the financial year
(2,887)
(84)
DEW HILL BLENDING COMPANY (GLASGOW) LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2024
28 February 2024
- 4 -
2024
2023
Notes
£
£
£
£
Current assets
Cash at bank and in hand
14,154
14,168
Creditors: amounts falling due within one year
3
(2,880)
(7)
Net current assets
11,274
14,161
Capital and reserves
Called up share capital
52
52
Profit and loss reserves
11,222
14,109
Total equity
11,274
14,161

For the financial year ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 8 May 2025 and are signed on its behalf by:
2025-05-08
Mr H D Jansen
Director
Company Registration No. SC033292
DEW HILL BLENDING COMPANY (GLASGOW) LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 5 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 March 2022
52
14,193
14,245
Year ended 28 February 2023:
Loss and total comprehensive income for the year
-
(84)
(84)
Balance at 28 February 2023
52
14,109
14,161
Year ended 28 February 2024:
Loss and total comprehensive income for the year
-
0
(2,887)
(2,887)
Balance at 28 February 2024
52
11,222
11,274
DEW HILL BLENDING COMPANY (GLASGOW) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 6 -
1
Accounting policies
Company information

Dew Hill Blending Company (Glasgow) Limited is a private company limited by shares incorporated in Scotland. The registered office is .

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The directors are required to prepare the statutory financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. In satisfaction of this responsibility the directors have considered the company's ability to meet its liabilities as they fall due.true

 

The company meets its day to day working capital requirements through existing bank facilities. The current and future financial position of the company and its liquidity position have been reviewed by the directors.

 

After due consideration of the above, the directors are satisfied that there is a reasonable expectation that the company will have adequate resources to continue in existence for the foreseeable future. Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

DEW HILL BLENDING COMPANY (GLASGOW) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2024
1
Accounting policies
(Continued)
- 7 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
2,880
7
4
Controling party

The parent company is Herman Jansen Beverages International B.V. which is a company incorporated in the Netherlands. The ultimate controlling party is H.J. Holding B.V. Its' registered office is Zijlstraat 2, Schiedam, 3111 PS, Netherlands.

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