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REGISTERED NUMBER: SC345882 (Scotland)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

DMA Electrical Ltd

DMA Electrical Ltd (Registered number: SC345882)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DMA Electrical Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr Derek Charles McArthur





SECRETARY: Mrs Bernadette McArthur





REGISTERED OFFICE: 147 Rannoch Drive
Bearsden
Glasgow
G61 2BQ





REGISTERED NUMBER: SC345882 (Scotland)





ACCOUNTANTS: Stevenson & Kyles
Chartered Accountants
25 Sandyford Place
Glasgow
G3 7NG

DMA Electrical Ltd (Registered number: SC345882)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,659 2,383

CURRENT ASSETS
Debtors 5 1,361 1,090
Cash at bank 38,815 47,985
40,176 49,075
CREDITORS
Amounts falling due within one year 6 42,623 48,461
NET CURRENT (LIABILITIES)/ASSETS (2,447 ) 614
TOTAL ASSETS LESS CURRENT
LIABILITIES

(788

)

2,997

PROVISIONS FOR LIABILITIES 7 315 472
NET (LIABILITIES)/ASSETS (1,103 ) 2,525

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings (1,104 ) 2,524
SHAREHOLDERS' FUNDS (1,103 ) 2,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DMA Electrical Ltd (Registered number: SC345882)

Balance Sheet - continued
31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2025 and were signed by:





Mr Derek Charles McArthur - Director


DMA Electrical Ltd (Registered number: SC345882)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

DMA Electrical 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.
Plant and machinery - 20% on reducing balance
Motor vehicle - 25% on reducing balance

Financial instruments
Basic financial instruments, including debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

DMA Electrical Ltd (Registered number: SC345882)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicle Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 3,624 9,376 13,000
DEPRECIATION
At 1 August 2023 2,492 8,125 10,617
Charge for year 411 313 724
At 31 July 2024 2,903 8,438 11,341
NET BOOK VALUE
At 31 July 2024 721 938 1,659
At 31 July 2023 1,132 1,251 2,383

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 90 -
Other debtors 1,271 1,090
1,361 1,090

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 554 2,458
Other creditors 42,069 46,003
42,623 48,461

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 315 472

DMA Electrical Ltd (Registered number: SC345882)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 August 2023 472
Credit to Statement of Income and Retained Earnings during year (157 )
Balance at 31 July 2024 315

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Derek Charles McArthur.