REGISTERED NUMBER: SC687557 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

DWB HOMES LTD

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

Notes to the Financial Statements

5

Directors:

Mrs F Bell

Mr D Bell

Registered office:

3 Heather Place

Lenzie

Glasgow

G66 4UJ

Registered number:

SC687557 (Scotland)

Accountants:

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2025 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Date: .............................................

Fixed assets

Tangible assets

5

1,097

1,462

Investment property

6

168,000

164,000

169,097

165,462

Current assets

Debtors

7

527

527

Cash at bank

4,976

2,868

5,503

3,395

Creditors

Amounts falling due within one year

8

59,731

61,462

Net current liabilities

(54,228

)

(58,067

)

Total assets less current liabilities

114,869

107,395

Creditors

Amounts falling due after more than one year

9

116,775

116,140

Net liabilities

(1,906

)

(8,745

)

Capital and reserves

Called up share capital

10

2

2

Fair value reserve

(4,139

)

(8,139

)

Retained earnings

2,231

(608

)

Shareholders' funds

(1,906

)

(8,745

)

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

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

Mr D W Bell - Director

1.	Statutory information

Dwb Homes 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.

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.

At the balance sheet date, the company's liabilities exceed its assets. The company has received assurances from its shareholders that they will continue to give full financial support to the company for the next twelve months.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

5.	Tangible fixed assets

Plant and

machinery

£

Cost

At 1 February 2024

and 31 January 2025

2,600

Depreciation

At 1 February 2024

1,138

Charge for year

365

At 31 January 2025

1,503

Net book value

At 31 January 2025

1,097

At 31 January 2024

1,462

6.	Investment property

Total

£

Fair value

At 1 February 2024

176,814

Revaluations

(8,814

)

At 31 January 2025

168,000

Net book value

At 31 January 2025

168,000

At 31 January 2024

176,814

Fair value at 31 January 2025 is represented by:

£

Valuation in 2022

(3,325

)

Valuation in 2023

8,000

Valuation in 2024

(12,814

)

Valuation in 2025

4,000

Cost

172,139

168,000

7.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

527

527

8.

Creditors: amounts falling due within one year

2025

2024

£

£

Corporation Tax

84

-

Other Creditors

58,261

60,394

Directors' current accounts

1,308

996

Accruals and deferred income

78

72

59,731

61,462

Other creditors include an amount of £48,261 (2024 - £50,394) payable to Dwb Consultancy Ltd in which Mr D Bell, is the director and shareholder of the company and include an amount of 10,000 payable to Hilary Lawrie.

9.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans more 5 yrs non-inst

116,775

116,140

2025

2024

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

116,775

116,140

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

11.	Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

Mr D Bell

Balance outstanding at start of year

(996

)

(684

)

Amounts repaid

(312

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,308

)

(996

)