| |
|
2025 |
|
2024 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
96,075 |
|
|
219,229 |
| Current assets |
|
139,243 |
|
|
1,070 |
|
| Creditors: amount falling due within one year |
|
(213,399) |
|
|
(6,982) |
|
|
Net current assets
|
|
|
(74,156)
|
|
|
(5,912)
|
|
Total assets less current liabilities
|
|
|
21,919 |
|
|
213,317 |
| Creditors: amount falling due after more than one year |
|
|
- |
|
|
(205,198) |
|
Net assets
|
|
|
21,919 |
|
|
8,119 |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
21,919 |
|
|
8,119 |
| |
NOTES TO THE ACCOUNTS
General Information
Division Twenty-One Ltd is a private company, limited by shares, registered in Scotland, registration number SC687924, registration address 4 Dunlin Court, Strathclyde Business Park, Bellshill, ML4 3NH.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
|
| 2. |
Average number of employees
Average number of employees during the year was 0 (2024 : 0).
|
|
John & Jillian Yeats
During the year to 31 July 2025 the accounts contain a directors loan due to directors.
This loan is unsecured, interest free and has no fixed repayment terms.
|
For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 06 November 2025 and were signed on its behalf by: --------------------------------
John Yeats
Director |
2
|
