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
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
D&G Development Specialists Ltd.
Statement of financial position
as at 31 July 2025
Tangible assets
22,236
29,512
Cash at bank and in hand
100,815
36,015
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)
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
D&G Development Specialists Ltd.
Notes to the Accounts
for the year ended 31 July 2025
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.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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 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 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.
D&G Development Specialists Ltd.
Notes to the Accounts
for the year ended 31 July 2025
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Tangible fixed assets
Total
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
(9,025)
(17,739)
(10,459)
(16,305)
(9,025)
(17,739)
(10,459)
(16,305)
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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.
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Average number of employees
During the year the average number of employees was 5 (2024: 4).