REGISTERED NUMBER: SC253501 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Denis Tawse Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Tawse

REGISTERED OFFICE:

25a Market Place

Inverurie

AB51 3PU

REGISTERED NUMBER:

SC253501 (Scotland)

ACCOUNTANTS:

BW Accountancy Services Limited

25a Market Place

Inverurie

AB51 3PU

FIXED ASSETS

Tangible assets

4

74,417

73,942

CURRENT ASSETS

Stocks

94,328

94,328

Debtors

5

1,451

6,336

Cash at bank

210,097

204,608

305,876

305,272

CREDITORS

Amounts falling due within one year

6

117,215

115,541

NET CURRENT ASSETS

188,661

189,731

TOTAL ASSETS LESS CURRENT LIABILITIES

263,078

263,673

PROVISIONS FOR LIABILITIES

8,067

-

NET ASSETS

255,011

263,673

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

255,010

263,672

255,011

263,673

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 July 2026 and were signed by:

Mr D Tawse - Director

1.	STATUTORY INFORMATION

Denis Tawse Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

85,712

3,050

101,501

2,851

193,114

Additions

-

-

64,907

-

64,907

Disposals

(48,455

)

(3,050

)

(94,251

)

(2,427

)

(148,183

)

At 31 July 2025

37,257

-

72,157

424

109,838

DEPRECIATION

At 1 August 2024

60,096

1,418

55,657

2,001

119,172

Charge for year

4,554

-

13,981

68

18,603

Eliminated on disposal

(45,613

)

(1,418

)

(53,407

)

(1,916

)

(102,354

)

At 31 July 2025

19,037

-

16,231

153

35,421

NET BOOK VALUE

At 31 July 2025

18,220

-

55,926

271

74,417

At 31 July 2024

25,616

1,632

45,844

850

73,942

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

810

6,040

Other debtors

641

296

1,451

6,336

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

1,046

129

Taxation and social security

-

531

Other creditors

116,169

114,881

117,215

115,541

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D Tawse.