REGISTERED NUMBER: SC195138 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Denburn Livery (Aberdeen) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D D Reid

REGISTERED OFFICE:

Denhead Of Cloghill

Burnside

Kingswells

Aberdeen

AB15 8SA

REGISTERED NUMBER:

SC195138 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Tangible assets

4

44,467

9,253

CURRENT ASSETS

Stocks

1,200

1,200

Debtors

5

3,759

3,465

Cash at bank

3,929

6,366

8,888

11,031

CREDITORS

Amounts falling due within one year

6

31,603

16,173

NET CURRENT LIABILITIES

(22,715

)

(5,142

)

TOTAL ASSETS LESS CURRENT LIABILITIES

21,752

4,111

CREDITORS

Amounts falling due after more than one year

7

19,633

-

NET ASSETS

2,119

4,111

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

2,118

4,110

2,119

4,111

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

Mr D D Reid - Director

1.	STATUTORY INFORMATION

Denburn Livery (Aberdeen) Limited 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.	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 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

54,573

1,189

-

1,166

56,928

Additions

53,452

-

590

-

54,042

Disposals

(12,250

)

-

-

-

(12,250

)

At 31 March 2025

95,775

1,189

590

1,166

98,720

DEPRECIATION

At 1 April 2024

45,842

825

-

1,008

47,675

Charge for year

14,577

73

148

154

14,952

Eliminated on disposal

(8,374

)

-

-

-

(8,374

)

At 31 March 2025

52,045

898

148

1,162

54,253

NET BOOK VALUE

At 31 March 2025

43,730

291

442

4

44,467

At 31 March 2024

8,731

364

-

158

9,253

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

Additions

46,000

At 31 March 2025

46,000

DEPRECIATION

Charge for year

11,500

At 31 March 2025

11,500

NET BOOK VALUE

At 31 March 2025

34,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,725

3,120

Other debtors

1,034

345

3,759

3,465

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

6,200

-

Trade creditors

382

168

Taxation and social security

211

144

Other creditors

24,810

15,861

31,603

16,173

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

19,633

-

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

Mr D D Reid

Balance outstanding at start of year

(11,602

)

(10,073

)

Amounts advanced

36,934

27,003

Amounts repaid

(40,001

)

(28,532

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(14,669

)

(11,602

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr D D Reid.