Dalebay Limited - Filleted accounts

Dalebay Limited
Registered number:		SC319245
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		8,316			11,088

Current assets
Stocks		17,362			16,953
Debtors	4	67,513			79,978
Cash at bank and in hand		61,609			15,185
		146,484			112,116

Creditors: amounts falling due within one year	5	(67,150)			(32,394)

Net current assets			79,334			79,722

Total assets less current liabilities			87,650			90,810

Creditors: amounts falling due after more than one year	6		(18,578)			(26,177)



Net assets			69,072			64,633

Capital and reserves
Called up share capital			100			100
Profit and loss account			68,972			64,533

Shareholder's funds			69,072			64,633

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




John Noble
Director
Approved by the board on 29 December 2025

Dalebay Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset on a reducing balance basis, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	25% Reducing Balance
	Fixtures, fittings, tools and equipment	25% Reducing Balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			14		14


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	4,513		67,892		72,405
	At 31 March 2025	4,513		67,892		72,405

	Depreciation
	At 1 April 2024	4,513		56,804		61,317
	Charge for the year	-		2,772		2,772
	At 31 March 2025	4,513		59,576		64,089

	Net book value
	At 31 March 2025	-		8,316		8,316
	At 31 March 2024	-		11,088		11,088


4	Debtors			2025		2024
£					£

	Trade debtors			60,435		57,652
	Other debtors			7,078		22,326
				67,513		79,978


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Amounts owed to group undertakings and undertakings in which the company has a participating interest			25,207		2,154
	Other taxes and social security costs			40,211		28,506
	Other creditors			1,732		1,734
				67,150		32,394


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			18,578		26,177


7	Controlling party

	Dalrymple Holdings Limited, a company registered in Scotland with company number SC635560, is the controlling party by way of its owning 100% of the issued share capital.


8	Other information

	Dalebay Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	Unit 10 Faraday Street
	Dryburgh Industrial Estate
	Dundee
	Angus
	DD2 3QQ