0 10/11/2023 30/11/2024 2024-11-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-11-10 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP SC788888 2023-11-10 2024-11-30 SC788888 2024-11-30 SC788888 2023-11-09 SC788888 core:FurnitureFittingsToolsEquipment 2023-11-10 2024-11-30 SC788888 bus:RegisteredOffice 2023-11-10 2024-11-30 SC788888 bus:LeadAgentIfApplicable 2023-11-10 2024-11-30 SC788888 bus:Director1 2023-11-10 2024-11-30 SC788888 bus:Director2 2023-11-10 2024-11-30 SC788888 core:LandBuildings core:OwnedOrFreeholdAssets 2024-11-30 SC788888 core:FurnitureFittingsToolsEquipment 2024-11-30 SC788888 core:RetainedEarningsAccumulatedLosses 2023-11-10 2024-11-30 SC788888 core:WithinOneYear 2024-11-30 SC788888 core:ShareCapital 2024-11-30 SC788888 core:RetainedEarningsAccumulatedLosses 2024-11-30 SC788888 core:PreviouslyStatedAmount core:ShareCapital 2024-11-30 SC788888 core:LandBuildings core:OwnedOrFreeholdAssets 2023-11-10 2024-11-30 SC788888 bus:SmallEntities 2023-11-10 2024-11-30 SC788888 bus:AuditExempt-NoAccountantsReport 2023-11-10 2024-11-30 SC788888 bus:SmallCompaniesRegimeForAccounts 2023-11-10 2024-11-30 SC788888 bus:PrivateLimitedCompanyLtd 2023-11-10 2024-11-30 SC788888 bus:FullAccounts 2023-11-10 2024-11-30 SC788888 core:OtherCapitalReserve 2024-11-30 SC788888 core:OtherCapitalReserve 2023-11-10 2024-11-30 SC788888 core:EntityWithJointControlOrSignificantInfluence1 2024-11-30 SC788888 core:WithinOneYear 2023-11-10 2024-11-30 SC788888 core:EntityWithJointControlOrSignificantInfluence1 2023-11-10 2024-11-30
Company registration number: SC788888
DCHJ Limited
Unaudited filleted financial statements
30 November 2024
DCHJ Limited
Contents
Directors and other information
Balance sheet
Statement of changes in equity
Notes to the financial statements
DCHJ Limited
Directors and other information
Directors Mr David Martin (Appointed 10 November 2023)
Mrs Christine Martin (Appointed 10 November 2023)
Company number SC788888
Registered office Unit 5
Bandeath Industrial Estate
Throsk
FK7 7NP
Accountant Nicola Woodburn
100 Station Road
Bannockburn
Stirling
FK7 8JP
DCHJ Limited
Balance sheet
30 November 2024
30/11/24
Note £ £
Fixed assets
Tangible assets 4 455,650
_______
455,650
Current assets
Debtors 5 58,281
Cash at bank and in hand 5,587
_______
63,868
Creditors: amounts falling due
within one year 6 ( 539,284)
_______
Net current liabilities ( 475,416)
_______
Total assets less current liabilities ( 19,766)
_______
Net liabilities ( 19,766)
_______
Capital and reserves
Called up share capital 100
Other reserves ( 57,000)
Profit and loss account 37,134
_______
Shareholders deficit ( 19,766)
_______
For the period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 30 July 2025 , and are signed on behalf of the board by:
Mrs Christine Martin
Director
Company registration number: SC788888
DCHJ Limited
Statement of changes in equity
Period ended 30 November 2024
Called up share capital Other reserves Profit and loss account Total
£ £ £ £
At 10 November 2023 100 - - 100
Loss for the period ( 19,866) ( 19,866)
Other comprehensive income/(expense) for the period: Movement to other reserves - ( 57,000) 57,000 -
_______ _______ _______ _______
Total comprehensive income for the period - ( 57,000) 37,134 ( 19,866)
_______ _______ _______ _______
At 30 November 2024 100 ( 57,000) 37,134 ( 19,766)
_______ _______ _______ _______
DCHJ Limited
Notes to the financial statements
Period ended 30 November 2024
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Unit 5, Bandeath Industrial Estate, Throsk, FK7 7NP.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The directors acknowledge there remains some uncertainty in judgements due to the current economic climate, however they have no intentions of ceasing operations or liquidating the company and they consider the company will be able to continue for at least 12 months from the date of signing these accounts with the continued support of the directors and shareholders.Therefore, the accounts have been prepared on a going concern basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered and net of discounts.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 10 % straight line
Investment property
Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4. Tangible assets
Investment property Fixtures, fittings and equipment Total
£ £ £
Cost or valuation
At 10 November 2023 - - -
Additions 502,246 11,560 513,806
Revaluation ( 57,000) - ( 57,000)
_______ _______ _______
At 30 November 2024 445,246 11,560 456,806
_______ _______ _______
Depreciation
At 10 November 2023 - - -
Charge for the year - 1,156 1,156
_______ _______ _______
At 30 November 2024 - 1,156 1,156
_______ _______ _______
Carrying amount
At 30 November 2024 445,246 10,404 455,650
_______ _______ _______
Investment property
Included within the above is investment property measured at fair value as follows:
£
Additions 502,246
Fair value adjustments ( 57,000)
_______
At 30 November 2024 445,246
_______
Fair value is based on active market prices, adjusted, if necessary, for differences in the nature, location or condition of the specific asset. Valuations are performed by the directors who have experience in the location and the type of investment property being valued.
5. Debtors
30/11/24
£
Other debtors 58,281
_______
6. Creditors: amounts falling due within one year
30/11/24
£
Trade creditors 666
Corporation tax 7,087
Other creditors 531,531
_______
539,284
_______
Included in other creditors is an interest free loan of £530,128 from a related company owned by the directors/shareholders of DCHJ Limited which is repayable on demand.
7. Related party transactions
During the period the company entered into the following transactions with related parties:
Transaction value Balance owed by /(owed to)
Period Period
ended ended
30/11/24 30/11/24
£ £
Business with common owners/shareholders 530,128 530,128
_______ _______