Dovetail Renovations Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC759650

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		20,645		25,981

			20,645		25,981
CURRENT ASSETS
Debtors	5	5,793		12,467
Cash at bank and in hand		3,556		38,932

		9,349		51,399
Creditors: Amounts Falling Due Within One Year	6	(79,358 )		(111,995 )

NET CURRENT ASSETS (LIABILITIES)			(70,009 )		(60,596 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(49,364 )		(34,615 )

NET LIABILITIES			(49,364 )		(34,615 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(49,365 )		(34,616 )

SHAREHOLDERS' FUNDS			(49,364)		(34,615)

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Dovetail Renovations Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr C B Wright

Director

24 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Dovetail Renovations Limited is a private company, limited by shares, incorporated in Scotland, registered number SC759650 . The registered office is 36 Bruntsfield Place, Edinburgh, EH10 4HJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have carried out an assessment of the going concern position of the company, including consideration of the company's net liability position. With their continued support, the directors have concluded that they have a reasonable expectation that the company has adequate access to resources to continue as a going concern for a period of at least 12 months. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight line
Motor Vehicles	20% reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

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Dovetail Renovations Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 January 2024	1,624	29,000	30,624

As at 31 December 2024	1,624	29,000	30,624

Depreciation
As at 1 January 2024	293	4,350	4,643
Provided during the period	406	4,930	5,336

As at 31 December 2024	699	9,280	9,979

Net Book Value
As at 31 December 2024	925	19,720	20,645

As at 1 January 2024	1,331	24,650	25,981

5. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Trade debtors	-	7,349
Prepayments and accrued income	1,010	1,310
Other debtors	550	550
VAT	1,453	-
Directors' loan accounts	2,780	3,258

	5,793	12,467

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	3,061	91
Other taxes and social security	1,191	-
VAT	-	7,194
Other creditors	153	-
Accruals and deferred income	6,953	44,710
Amounts owed to related parties	68,000	60,000

	79,358	111,995

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Dovetail Renovations Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	1	1

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Christopher Wright	1,258	-	(478 )	-	780
Mr James Crozier	1,000	-	-	-	1,000
Ms Jane Perfect	1,000	-	-	-	1,000

The above loan is unsecured, interest free and repayable on demand.

9. Related Party Transactions

As at 31 December 2024, the company owed £68,000 (2023: £60,000 ) to Games Consultancy Ltd, a company with a common director.

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