Company Registration No. SC314895 (Scotland)
S & D Development Ltd
Unaudited accounts
for the year ended 30 April 2025
S & D Development Ltd
Unaudited accounts
Contents
S & D Development Ltd
Company Information
for the year ended 30 April 2025
Company Number
SC314895 (Scotland)
Registered Office
Unit 4 Centre Point
61B Montrose Street
Hillington Park
Glasgow
G52 4LA
United Kingdom
Accountants
Ascent Accounting Ltd
Studio 106 Embroidery Mill
Seedhill
Paisley
PA1 1TJ
S & D Development Ltd
Statement of financial position
as at 30 April 2025
Tangible assets
27,378
36,629
Cash at bank and in hand
423,020
255,534
Creditors: amounts falling due within one year
(214,024)
(532,786)
Net current assets
303,905
214,949
Net assets
331,283
251,578
Called up share capital
100
100
Profit and loss account
331,183
251,478
Shareholders' funds
331,283
251,578
For the year ending 30 April 2025 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 July 2025 and were signed on its behalf by
Stuart McNellan
Director
Company Registration No. SC314895
S & D Development Ltd
Notes to the Accounts
for the year ended 30 April 2025
S & D Development Ltd is a private company, limited by shares, registered in Scotland, registration number SC314895. The registered office is Unit 4 Centre Point, 61B Montrose Street, Hillington Park, Glasgow, G52 4LA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% Reducing Balace
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2024
39,575
43,217
3,376
441
86,609
At 30 April 2025
39,575
43,217
3,376
441
86,609
At 1 May 2024
37,903
8,494
3,269
314
49,980
Charge for the year
418
8,681
27
125
9,251
At 30 April 2025
38,321
17,175
3,296
439
59,231
At 30 April 2025
1,254
26,042
80
2
27,378
At 30 April 2024
1,672
34,723
107
127
36,629
S & D Development Ltd
Notes to the Accounts
for the year ended 30 April 2025
Amounts falling due within one year
Trade debtors
94,909
465,259
Deferred tax asset
-
26,942
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
163,932
290,122
Taxes and social security
14,914
77,452
Loans from directors
181
1,298
7
Average number of employees
During the year the average number of employees was 4 (2024: 4).