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Company registration number: 07157779
Dave Durie Limited
Unaudited abridged financial statements
31 March 2025
Dave Durie Limited
Contents
Directors and other information
Directors report
Accountants report
Abridged statement of comprehensive income
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Dave Durie Limited
Directors and other information
Directors Mr Dave Durie
Company number 07157779
Registered office 1A Dinsdale Place
Jesmond
Newcastle upon Tyne
Tyne and Wear
NE2 1BD
Business address 133 Hartswood Road
London
W12 9NG
Accountants T R Dixon and Co Ltd
Chartered Certified Accountants
Statutory Auditors
1A Dinsdale Place
Jesmond
Newcastle upon Tyne
Tyne and Wear
NE2 1BD
Bankers Santander
High Street
Gateshead
NE8 1DY
Dave Durie Limited
Directors report
Year ended 31 March 2025
The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025.
Directors
The directors who served the company during the year were as follows:
Mr Dave Durie
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 19 August 2025 and signed on behalf of the board by:
Mr Dave Durie
Director
Dave Durie Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Dave Durie Limited
Year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dave Durie Limited for the year ended 31 March 2025 which comprise the abridged statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements.
This report is made solely to the board of directors of Dave Durie Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Dave Durie Limited and state those matters that we have agreed to state to the board of directors of Dave Durie Limited as a body, in this report in accordance with the ACCA, to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dave Durie Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Dave Durie Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dave Durie Limited. You consider that Dave Durie Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Dave Durie Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
T R Dixon and Co Ltd
Chartered Certified Accountants
Statutory Auditors
1A Dinsdale Place
Jesmond
Newcastle upon Tyne
Tyne and Wear
NE2 1BD
19 August 2025
Dave Durie Limited
Abridged statement of comprehensive income
Year ended 31 March 2025
2025 2024
Note £ £
Gross profit 84,850 73,882
Administrative expenses ( 32,194) ( 29,087)
_______ _______
Operating profit 52,656 44,795
Other interest receivable and similar income 48 72
Interest payable and similar expenses ( 20) -
_______ _______
Profit before taxation 5 52,684 44,867
Tax on profit ( 10,432) ( 8,906)
_______ _______
Profit for the financial year and total comprehensive income 42,252 35,961
_______ _______
All the activities of the company are from continuing operations.
Dave Durie Limited
Abridged statement of financial position
31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 6 1,494 2,326
_______ _______
1,494 2,326
Current assets
Debtors - 5,964
Cash at bank and in hand 11,765 3,075
_______ _______
11,765 9,039
Creditors: amounts falling due
within one year ( 11,988) ( 10,346)
_______ _______
Net current liabilities ( 223) ( 1,307)
_______ _______
Total assets less current liabilities 1,271 1,019
_______ _______
Net assets 1,271 1,019
_______ _______
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 271 19
_______ _______
Shareholders funds 1,271 1,019
_______ _______
For the year ending 31 March 2025 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 year 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 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'.
All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 19 August 2025 , and are signed on behalf of the board by:
Mr Dave Durie
Director
Company registration number: 07157779
Dave Durie Limited
Statement of changes in equity
Year ended 31 March 2025
Called up share capital Profit and loss account Total
£ £ £
At 1 April 2023 1,000 1,558 2,558
Profit for the year 35,961 35,961
_______ _______ _______
Total comprehensive income for the year - 35,961 35,961
Dividends paid and payable ( 37,500) ( 37,500)
_______ _______ _______
Total investments by and distributions to owners - ( 37,500) ( 37,500)
_______ _______ _______
At 31 March 2024 and 1 April 2024 1,000 19 1,019
Profit for the year 42,252 42,252
_______ _______ _______
Total comprehensive income for the year - 42,252 42,252
Dividends paid and payable ( 42,000) ( 42,000)
_______ _______ _______
Total investments by and distributions to owners - ( 42,000) ( 42,000)
_______ _______ _______
At 31 March 2025 1,000 271 1,271
_______ _______ _______
Dave Durie Limited
Notes to the financial statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in UK. The address of the registered office is Dave Durie Limited, 1A Dinsdale Place, Jesmond, Newcastle upon Tyne, Tyne and Wear, NE2 1BD.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
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.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated 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 15 %
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1).
5. Profit before taxation
Profit before taxation is stated after charging/(crediting):
2025 2024
£ £
Depreciation of tangible assets 832 2,103
_______ _______
6. Tangible assets
£
Cost
At 1 April 2024 and 31 March 2025 17,844
_______
Depreciation
At 1 April 2024 15,518
Charge for the year 832
_______
At 31 March 2025 16,350
_______
Carrying amount
At 31 March 2025 1,494
_______
At 31 March 2024 2,326
_______
7. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2025
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr Dave Durie 5,964 59,861 ( 65,941) ( 116)
_______ _______ _______ _______
2024
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr Dave Durie ( 37) 64,043 ( 58,042) 5,964
_______ _______ _______ _______