REGISTERED NUMBER: SC055818 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Dick Of Throsk Limited

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

304,888

378,092

CURRENT ASSETS

Stocks

4,631

3,041

Debtors

5

2,197,206

1,913,525

Cash at bank

955,039

924,031

3,156,876

2,840,597

CREDITORS

Amounts falling due within one year

6

(129,374

)

(48,147

)

NET CURRENT ASSETS

3,027,502

2,792,450

TOTAL ASSETS LESS CURRENT LIABILITIES

3,332,390

3,170,542

PROVISIONS FOR LIABILITIES

(72,201

)

(68,591

)

NET ASSETS

3,260,189

3,101,951

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,260,089

3,101,851

SHAREHOLDERS' FUNDS

3,260,189

3,101,951

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 30 July 2025 and were signed on its behalf by:

Ronald Dick - Director

1.	STATUTORY INFORMATION

Dick of Throsk Limited is a private company, limited by shares, domiciled in Scotland, registration number, SC055818. The registered office is Mains of Throsk, Throsk, Stirling, FK7 7NE.

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 represents the value of income in respect of road haulage contracts, agricultural contracting and providing storage and warehousing facilities, excluding value added tax. Income is recognised at the point the work is complete or goods are delivered.

Tangible fixed assets and depreciation

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

20% on reducing balance and 15% on reducing balance

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible assets are depreciated to nil value.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is represented by purchase price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

50,000

937,583

987,583

DEPRECIATION

At 1 April 2024

32,917

576,574

609,491

Charge for year

1,000

72,204

73,204

At 31 March 2025

33,917

648,778

682,695

NET BOOK VALUE

At 31 March 2025

16,083

288,805

304,888

At 31 March 2024

17,083

361,009

378,092

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

259,055

65,509

Amounts owed by associates

1,937,210

1,844,873

Other debtors

941

3,143

2,197,206

1,913,525

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

16,134

10,601

Taxation and social security

111,054

23,699

Other creditors

2,186

13,847

129,374

48,147

7.	LEASING AGREEMENTS

8.	RELATED PARTY DISCLOSURES

Amount owed from a business under common control was £1,937,210 (2024: £1,844,873).

Amount owed from a business owned by one of the directors was £0 (2023: £5,039).