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Company Registration No. SC328233 (Scotland)
D&G Development Specialists Ltd. Unaudited accounts for the year ended 31 July 2025
D&G Development Specialists Ltd. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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D&G Development Specialists Ltd. Company Information for the year ended 31 July 2025
Directors
Mr D Brodie Mrs L Brodie
Company Number
SC328233 (Scotland)
Registered Office
79 Durham Square Edinburgh EH15 1PP
Accountants
GF Accountancy Services Ltd 4 Rowanhill Way Port Seton East Lothian EH32 0SZ
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D&G Development Specialists Ltd. Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
22,236
29,512
Current assets
Inventories
60,004
93,513
Debtors
111,076
31,636
Cash at bank and in hand
100,815
36,015
271,895
161,164
Creditors: amounts falling due within one year
(260,311)
(153,155)
Net current assets
11,584
8,009
Total assets less current liabilities
33,820
37,521
Creditors: amounts falling due after more than one year
-
(9,021)
Net assets
33,820
28,500
Capital and reserves
Called up share capital
100
100
Profit and loss account
33,720
28,400
Shareholders' funds
33,820
28,500
For the year ending 31 July 2025 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 April 2026 and were signed on its behalf by
Mr D Brodie Director Company Registration No. SC328233
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D&G Development Specialists Ltd. Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
D&G Development Specialists Ltd. is a private company, limited by shares, registered in Scotland, registration number SC328233. The registered office is 79 Durham Square, Edinburgh, EH15 1PP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The outbreak of Covid-19 in early 2020 has affected the business and economic activity around the world. This has placed uncertainties in relation to the future performance of the business that are unable to be quantified, however the Directors consider that the accounts should still be prepared on the going concern basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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D&G Development Specialists Ltd. Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 August 2024
60,991
Additions
1,041
At 31 July 2025
62,032
Depreciation
At 1 August 2024
31,479
Charge for the year
8,317
At 31 July 2025
39,796
Net book value
At 31 July 2025
22,236
At 31 July 2024
29,512
5
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Mr D Brodie
Directors Loan
(9,025)
(17,739)
(10,459)
(16,305)
(9,025)
(17,739)
(10,459)
(16,305)
6
Transactions with related parties
The company was under the control of Mr Derek Brodie throughout the current and previous year. Mr Brodie is the managing director and joint equal shareholder. At the start of the financial year the company owed Mr Brodie an amount of £9,025. During the year various amounts were loaned to the company by Mr Brodie and the company advanced various amounts to Mr Brodie. At the balance sheet date the company owed Mr Brodie an amount of £16,305 and this amount is included in creditors due within one year. There was no interest charged in respect of this loan. During the year the company made a loan to Delf Property Ltd in the amount of £40,394. This amount was still due to the company at the balance sheet date and is included in other debtors due over one year. There was no interest charged in respect of this loan. Delf Property rents garages to D & G Developments Ltd and the rent charged is considered to be open market value. Mr Derek Brodie is the managing director and a shareholder in Delf Property Ltd.
7
Average number of employees
During the year the average number of employees was 5 (2024: 4).
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