D Gowans Flooring Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: SC731517

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		16,980		8,231

			16,980		8,231
CURRENT ASSETS
Stocks		3,436		500
Debtors	5	9,754		8,603
Cash at bank and in hand		109,426		109,127

		122,616		118,230
Creditors: Amounts Falling Due Within One Year	6	(126,234 )		(110,138 )

NET CURRENT ASSETS (LIABILITIES)			(3,618 )		8,092

TOTAL ASSETS LESS CURRENT LIABILITIES			13,362		16,323

Creditors: Amounts Falling Due After More Than One Year	7		(934 )		(2,414 )

NET ASSETS			12,428		13,909

CAPITAL AND RESERVES
Called up share capital	8		100		100
Income Statement			12,328		13,809

SHAREHOLDERS' FUNDS			12,428		13,909

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D Gowans Flooring Ltd

Statement of Financial Position (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement.

On behalf of the board

David Gowans

Director

10/10/2025

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

1. General Information

D Gowans Flooring Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC731517 . The registered office is 10 Stuart Crescent, Coupar Angus, Perthshire, PH13 9EB.

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.

2.2. Turnover

Turnover is shown net of discounts and value added taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are shown at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 3)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 May 2024	5,654	8,563	14,217
Additions	1,707	14,500	16,207
Disposals	-	(3,196 )	(3,196 )

As at 30 April 2025	7,361	19,867	27,228

Depreciation
As at 1 May 2024	2,240	3,746	5,986
Provided during the period	1,280	4,380	5,660
Disposals	-	(1,398 )	(1,398 )

As at 30 April 2025	3,520	6,728	10,248

Net Book Value
As at 30 April 2025	3,841	13,139	16,980

As at 1 May 2024	3,414	4,817	8,231

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D Gowans Flooring Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	8,674	7,720
Other debtors	1,080	883

	9,754	8,603

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	382	1,769
Bank loans and overdrafts	1,685	1,726
Corporation tax	8,156	17,121
VAT	3,156	7,933
Accruals and deferred income	723	1,320
Director's loan account	112,132	80,269

	126,234	110,138

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	934	2,414

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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