REGISTERED NUMBER: SC532013 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

DENNY ENGRAVING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R A Marshall

Mrs J Marshall

REGISTERED OFFICE:

9 Glasgow Road

Paisley

PA1 3QS

REGISTERED NUMBER:

SC532013 (Scotland)

ACCOUNTANTS:

John M Taylor & Co

Chartered Accountants

9 Glasgow Road

PAISLEY

Renfrewshire

PA1 3QS

FIXED ASSETS

5,004

Tangible assets

5

3,670

540,893

Investment property

6

400,000

545,897

403,670

CURRENT ASSETS

8,020

Debtors

7

8,667

21,786

Cash at bank

56,068

29,806

64,735

CREDITORS

62,086

Amounts falling due within one year

8

47,916

(32,280

)

NET CURRENT ASSETS/(LIABILITIES)

16,819

513,617

TOTAL ASSETS LESS CURRENT LIABILITIES

420,489

CREDITORS

(345,241

)

Amounts falling due after more than one year

9

(257,989

)

(18,489

)

PROVISIONS FOR LIABILITIES

(17,792

)

149,887

NET ASSETS

144,708

CAPITAL AND RESERVES

1

Called up share capital

12

1

81,307

Fair value reserve

13

81,307

68,579

Retained earnings

13

63,400

149,887

SHAREHOLDERS' FUNDS

144,708

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

R A Marshall - Director

1.	STATUTORY INFORMATION

Denny Engraving 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Other income

Rents received are measured at the the rental income due for the accounting period, net of value added tax and are in respect of properties rented to third parties.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant & machinery

-

25% on reducing balance

Fixtures and fittings

-

33% on cost

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of any impairment loss.

Investment property

Investment property for which fair value can be measured reliably without undue cost or effort is measured at fair value at each reporting date with changes in fair value recognised in profit and loss. Revaluations are conducted annually by the director.

Taxation

Taxation represents the sum of tax currently payable and deferred tax on a non discounted basis.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period which the liability is settled or the asset is realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Turnover

Other income

Rents received are measured at the the rental income due for the accounting period, net of value added tax and are in respect of properties rented to third parties.

Financial instruments

Basic financial instruments are recognised at amortised cost. Financial assets and liabilties are recognised when the company becomes a party to the contractual provisions of the instrument and are classified in accordance with their underlying economic reality.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and bank overdrafts. Bank overdrafts are shown withing borrowings in current liabilities.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant &

and

Totals

machinery

fittings

£

£

£

COST

At 1 May 2024

and 30 April 2025

11,569

11,067

502

DEPRECIATION

At 1 May 2024

6,565

6,398

167

Charge for year

1,334

1,167

167

At 30 April 2025

7,899

7,565

334

NET BOOK VALUE

At 30 April 2025

3,670

3,502

168

At 30 April 2024

5,004

4,669

335

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2024

540,893

Disposals

(140,893

)

At 30 April 2025

400,000

NET BOOK VALUE

At 30 April 2025

400,000

At 30 April 2024

540,893

Investment property is valued at fair value by the director R A Marshall.

Fair value at 30 April 2025 is represented by:

£

Valuation in 2023

400,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

5,686

2,693

Directors' current accounts

861

3,662

VAT

443

-

Prepayments

1,677

1,665

8,667

8,020

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts (see note 10)

28,039

21,621

Trade creditors

1

168

Amounts owed to associates

4,098

24,098

Corporation Tax

5,147

3,851

VAT

-

2,825

Accruals and deferred income

5,588

4,553

Accrued expenses

5,043

4,970

47,916

62,086

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans (see note 10)

157,989

245,241

Directors' loan accounts

100,000

100,000

257,989

345,241

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

209,648

10.

LOANS

An analysis of the maturity of loans is given below:

30.4.25

30.4.24

£

£

Amounts falling due within one year or on demand:

Bank loans

28,039

21,621

Amounts falling due between one and two years:

Bank loans - 1-2 years

14,806

23,312

Amounts falling due between two and five years:

Bank loans - 2-5 years

143,183

12,281

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

209,648

11.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Bank loans

186,028

266,862

Atom Bank plc hold securities including a floating charge over all the assets of Denny Engraving Ltd.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

1

Ordinary

£1

1

1

13.

RESERVES

Fair

Retained

value

Totals

earnings

reserve

£

£

£

At 1 May 2024

149,886

68,579

81,307

Deficit for the year

(5,179

)

(5,179

)

At 30 April 2025

144,707

63,400

81,307

14.	RELATED PARTY DISCLOSURES

15.	ULTIMATE CONTROLLING PARTY

The controlling party is R A Marshall.