DBG Design Studio Ltd SC816906 false 2024-07-19 2025-07-31 2025-07-31 The principal activity of the company is Specialised design activities Digita Accounts Production Advanced 6.30.9574.0 true SC816906 2024-07-19 2025-07-31 SC816906 2025-07-31 SC816906 core:CurrentFinancialInstruments 2025-07-31 SC816906 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 SC816906 bus:SmallEntities 2024-07-19 2025-07-31 SC816906 bus:AuditExemptWithAccountantsReport 2024-07-19 2025-07-31 SC816906 bus:FilletedAccounts 2024-07-19 2025-07-31 SC816906 bus:SmallCompaniesRegimeForAccounts 2024-07-19 2025-07-31 SC816906 bus:RegisteredOffice 2024-07-19 2025-07-31 SC816906 bus:Director1 2024-07-19 2025-07-31 SC816906 bus:PrivateLimitedCompanyLtd 2024-07-19 2025-07-31 SC816906 countries:Scotland 2024-07-19 2025-07-31 iso4217:GBP xbrli:pure

Registration number: SC816906

DBG Design Studio Ltd
Unaudited Financial Statements
for the Period from 19 July 2024 to 31 July 2025

DBG Design Studio Ltd

Contents

Statement of Financial Position | 1
Notes to the Unaudited Financial Statements | 2 to 4

DBG Design Studio Ltd

(Registration number: SC816906)
Statement of Financial Position as at 31 July 2025

| Note | 2025 £
Current assets |  |
Debtors | 4 | 6,510
Cash at bank and in hand |  | 8,038
|  | 14,548
Creditors: Amounts falling due within one year | 5 | (42,030)
Net liabilities |  | (27,482)
Capital and reserves |  |
Called up share capital |  | 1
Retained earnings |  | (27,483)
Shareholders' deficit |  | (27,482)

For the financial period ending 31 July 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 17 July 2026

......................................... Mr D Gerrard Director

DBG Design Studio Ltd

Notes to the Unaudited Financial Statements for the Period from 19 July 2024 to 31 July 2025

1 | General information

The Company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
29 Commercial Street
Dundee
Tayside
DD1 3DG
Scotland

The principal place of business is:
Unit 9
15 Kirk Street
Dundee
DD2 3UY
Scotland

These financial statements were authorised for issue by the director on 17 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

DBG Design Studio Ltd

Notes to the Unaudited Financial Statements for the Period from 19 July 2024 to 31 July 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

DBG Design Studio Ltd

Notes to the Unaudited Financial Statements for the Period from 19 July 2024 to 31 July 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3 | Staff numbers

The average number of persons employed by the Company (including the Director) during the period, was 3.

4 | Debtors

Current | 2025 £
Trade debtors | 6,510
| 6,510

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £
Due within one year |
Taxation and social security | 8,089
Accruals and deferred income | 1,000
Other creditors | 32,941
| 42,030