REGISTERED NUMBER: SC040422 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JOHN K. DUNLOP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Vera Dunlop

Shona McKinley

Pamela Dunlop

SECRETARY:

Vera Dunlop

REGISTERED OFFICE:

Glengennet Farm

Barr

Girvan

Ayrshire

KA26 9TY

REGISTERED NUMBER:

SC040422 (Scotland)

ACCOUNTANTS:

Stewart Gilmour & Co.

Chartered Accountants

24 Beresford Terrace

Ayr

KA7 2EG

BANKERS:

The Royal Bank of Scotland plc

Ayr Chief Office

30 Sandgate

Ayr

Ayrshire

KA7 1BY

FIXED ASSETS

Tangible assets

4

297,088

298,664

CURRENT ASSETS

Debtors

5

79,622

66,165

Cash at bank

271,940

286,112

351,562

352,277

CREDITORS

Amounts falling due within one year

6

12,856

80,924

NET CURRENT ASSETS

338,706

271,353

TOTAL ASSETS LESS CURRENT LIABILITIES

635,794

570,017

CAPITAL AND RESERVES

Called up share capital

7

97,500

27,500

Retained earnings

538,294

542,517

SHAREHOLDERS' FUNDS

635,794

570,017

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 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 29 December 2025 and were signed on its behalf by:

Vera Dunlop - Director

1.	STATUTORY INFORMATION

John K. Dunlop 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 represents the invoiced value of sales and services rendered.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

15% on reducing balance

No depreciation has been provided on the freehold land element of land and buildings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Land and

Plant and

buildings

machinery

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

300,073

17,062

317,135

DEPRECIATION

At 1 April 2024

5,652

12,819

18,471

Charge for year

940

636

1,576

At 31 March 2025

6,592

13,455

20,047

NET BOOK VALUE

At 31 March 2025

293,481

3,607

297,088

At 31 March 2024

294,421

4,243

298,664

Included in cost of land and buildings is freehold land of £ 253,065 (2024 - £ 253,065 ) which is not depreciated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

79,622

66,165

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

12,856

80,924

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

25,000

Ordinary

£1

25,000

25,000

36,250

A Ordinary

£1

36,250

1,250

36,250

B Ordinary

£1

36,250

1,250

97,500

27,500

The following shares were allotted and fully paid for cash at par during the year:

35,000 A Ordinary shares of £1 each

35,000 B Ordinary shares of £1 each