Dulin Limited - Filleted accounts

Registered number

SC635411

Dulin Limited

Filleted Accounts

31 July 2025

Dulin Limited
Registered number:		SC635411
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Current assets
Stocks		2,750			2,750
Debtors	3	6,659			5,797
Cash at bank and in hand		201,844			202,882
		211,253			211,429

Creditors: amounts falling due within one year	4	(9,697)			(21,461)

Net current assets			201,556			189,968

Total assets less current liabilities			201,556			189,968

Creditors: amounts falling due after more than one year	5		(226,262)			(211,738)



Net liabilities			(24,706)			(21,770)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(24,707)			(21,771)

Shareholders' funds			(24,706)			(21,770)

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 members have 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.




Wai Lam Au
Director
Approved by the board on 11 June 2026

Dulin Limited
Notes to the Accounts
for the year ended 31 July 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.

	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.

	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	4		4


3	Debtors	2025		2024
£			£

	Other debtors	6,659		5,797


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

	Bank loans and overdrafts	706		13,224
	Taxation and social security costs	3,848		5,696
	Other creditors	5,143		2,541
		9,697		21,461


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

	Trade creditors	2,130		831
	Director's Loan	224,132		210,907
		226,262		211,738


6	Other information

	Dulin Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
	51 Archerhill Road
	Glasgow
	G13 3NJ


7	Going concern

	At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the director that he will continue to give financial support to the company for twelve months from the date of signing these financial statements. On this basis, the director considers it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.