Darrick Developments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: SC522755

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,100		-
Investments	5		150		150

			3,250		150
CURRENT ASSETS
Debtors	6	219,260		180,359
Cash at bank and in hand		2,808		34,365

		222,068		214,724
Creditors: Amounts Falling Due Within One Year	7	(221,309 )		(207,062 )

NET CURRENT ASSETS (LIABILITIES)			759		7,662

TOTAL ASSETS LESS CURRENT LIABILITIES			4,009		7,812

NET ASSETS			4,009		7,812

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			3,909		7,712

SHAREHOLDERS' FUNDS			4,009		7,812

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Darrick Developments Limited

Balance Sheet (continued)

As At 29 December 2024

For the year ending 29 December 2024 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Paul Merrick

Director

9 December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Darrick Developments Limited is a private company, limited by shares, incorporated in Scotland, registered number SC522755 . The registered office is 64 Strathclyde Street, Glasgow, G40 4JR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

15% reducing balance

2.3. Exemption from preparing consolidated financial statements

The company and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

2.4. Valuation of investements

Investments in subsidiaries are measured at cost less accumulated impairment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 31 December 2023	-
Additions	3,650

As at 29 December 2024	3,650

Depreciation
As at 31 December 2023	-
Provided during the period	550

As at 29 December 2024	550

Net Book Value
As at 29 December 2024	3,100

As at 31 December 2023	-

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Darrick Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 29 December 2024

5. Investments

	Unlisted
	£
Cost or Valuation
As at 31 December 2023	150

As at 29 December 2024	150

Provision
As at 31 December 2023	-

As at 29 December 2024	-

Net Book Value
As at 29 December 2024	150

As at 31 December 2023	150

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	219,260	180,359

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	960	960
Other creditors	219,248	205,562
Accruals and deferred income	1,101	540

	221,309	207,062

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

Lawmoor Developments Ltd, a company in which Mr Merrick is a director, owed the company the amount of £219,160 (2023 £174,010) at the year end. There are no agreed repayment terms or interest charged on the loan.

Braidcrest Limited, a company in which Mr Merrick is a director, was owed the amount of £97,848 (2023 £97,697). There are no agreed repayment terms or interest charged on the loan.

At the year end, the company owed Mr M Davies the amount of £96,135 (2023 £96,135). The company owed MPHD Services Limited, a company in which Mr Davies is a director, the amount of £12,035 (2023 £Nil). There are no agreed repayment terms or interest charged on the loans.

At the year end, the company owed Mr P Merrick/Braidcrest Limited the amount of £11,580 (2023 £11,580). There are no agreed repayment terms or interest charged on the loan.

At the year end, the company owed Professional Property Training Limited, a company in which Mr Merrick is a director, the amount of £1,500 (2023 £Nil). There are no agreed repayment terms or interest charged on the loan.

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