Company registration number SC435340 (Scotland)
DENROSS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
DENROSS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
DENROSS LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
8,366
9,844
Investment property
5
200,000
200,000
208,366
209,844
Current assets
Stocks
6,660
7,693
Debtors
6
6,080
10,032
Cash at bank and in hand
46,712
23,418
59,452
41,143
Creditors: amounts falling due within one year
7
(134,051)
(126,285)
Net current liabilities
(74,599)
(85,142)
Total assets less current liabilities
133,767
124,702
Creditors: amounts falling due after more than one year
8
(10,498)
(18,635)
Provisions for liabilities
(24,623)
(24,992)
Net assets
98,646
81,075
Capital and reserves
Called up share capital
2
2
Revaluation reserve
9
73,421
73,421
Profit and loss reserves
25,223
7,652
Total equity
98,646
81,075
DENROSS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
2025
2024
Notes
£
£
£
£
- 2 -

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 30 June 2026
Mr M Barton
Director
Company registration number SC435340 (Scotland)
DENROSS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 3 -
1
Accounting policies
Company information

Denross Limited is a private company limited by shares incorporated in Scotland. The registered office is Stannergate House, 41 Dundee Road West, Broughty Ferry, Dundee, Scotland, DD5 1NB.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

The Director confirms that, after making appropriate enquiries, he has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, the company continues to adopt the going concern basis in preparing these Financial Statements.true

1.3
Revenue

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Equipment
15% Reducing Balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

DENROSS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

This is in accordance with the FRS102 1A which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provision of the Companies Act 2006 is required in order to give a true and fair view.

1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

DENROSS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

DENROSS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 6 -
As lessor

When the company acts as a lessor, a lease is classified as a finance lease whenever it transfers substantially all the risks and rewards of ownership of the underlying asset to the lessee, either at the end of the lease term or for the major part of the economic life of the asset. All other leases are classified as operating leases. If an arrangement contains both lease and non-lease components, the company allocates the consideration in the contract to the two elements.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
16
16
4
Tangible fixed assets
Equipment
£
Cost
At 1 November 2024 and 31 October 2025
32,922
Depreciation and impairment
At 1 November 2024
23,078
Depreciation charged in the year
1,478
At 31 October 2025
24,556
Carrying amount
At 31 October 2025
8,366
At 31 October 2024
9,844
DENROSS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 7 -
5
Investment property
2025
£
Fair value
At 1 November 2024 and 31 October 2025
200,000

The investment property has been revalued by J & E Shepherd in year ended 31st October 2024 and the director considers this to still be accurate.

If investment properties were stated on an historical cost basis rather than a fair value basis, the amounts would have been included as follows:
2025
2024
£
£
Cost
104,048
104,048
Accumulated depreciation
-
-
Carrying amount
104,048
104,048
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
6,080
10,032
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
4,425
4,425
Trade creditors
37,386
45,522
Corporation tax
7,384
2,197
Other taxation and social security
25,502
21,935
Other creditors
59,354
52,206
134,051
126,285
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
10,498
18,635

DENROSS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 8 -
9
Revaluation reserve
2025
2024
£
£
At the beginning of the year
73,421
-
0
Other movements
-
73,421
At the end of the year
73,421
73,421
10
Operating lease commitments
As lessee

The total future minimum lease payments under non-cancellable operating leases are as follows:

2025
2024
£
£
Total commitments
167,500
197,500
11
Directors' transactions

The company was under the control of its director throughout the current and previous year.

The director operates a loan account with the company. At the year end the company was due to pay the director £40,000 (202 4 - £40,000).

2025-10-31 2024-11-01 false false false 30 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr M Barton SC435340 2024-11-01 2025-10-31 SC435340 2025-10-31 SC435340 2024-10-31 SC435340 core:PlantMachinery 2025-10-31 SC435340 core:PlantMachinery 2024-10-31 SC435340 core:WithinOneYear 2025-10-31 SC435340 core:WithinOneYear 2024-10-31 SC435340 core:AfterOneYear 2025-10-31 SC435340 core:AfterOneYear 2024-10-31 SC435340 core:CurrentFinancialInstruments 2025-10-31 SC435340 core:CurrentFinancialInstruments 2024-10-31 SC435340 core:ShareCapital 2025-10-31 SC435340 core:ShareCapital 2024-10-31 SC435340 core:RevaluationReserve 2025-10-31 SC435340 core:RevaluationReserve 2024-10-31 SC435340 core:RetainedEarningsAccumulatedLosses 2025-10-31 SC435340 core:RetainedEarningsAccumulatedLosses 2024-10-31 SC435340 core:RevaluationReserve 2024-10-31 SC435340 core:RevaluationReserve 2023-10-31 SC435340 bus:Director1 2024-11-01 2025-10-31 SC435340 core:PlantMachinery 2024-11-01 2025-10-31 SC435340 2023-11-01 2024-10-31 SC435340 core:PlantMachinery 2024-10-31 SC435340 2024-10-31 SC435340 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 SC435340 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 SC435340 core:Non-currentFinancialInstruments 2025-10-31 SC435340 core:Non-currentFinancialInstruments 2024-10-31 SC435340 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 SC435340 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 SC435340 bus:FRS102 2024-11-01 2025-10-31 SC435340 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 SC435340 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP