1 November 2024 false No description of principal activity Taxfiler 2024.6 SC462380 business:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 SC462380 2024-10-31 SC462380 2024-11-01 2025-10-31 SC462380 business:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 SC462380 business:FilletedAccounts 2024-11-01 2025-10-31 SC462380 2025-10-31 SC462380 business:Director1 2024-11-01 2025-10-31 SC462380 business:Director2 2024-11-01 2025-10-31 SC462380 business:RegisteredOffice 2024-11-01 2025-10-31 SC462380 2024-10-31 SC462380 core:WithinOneYear 2025-10-31 SC462380 core:WithinOneYear 2024-10-31 SC462380 core:AfterOneYear 2025-10-31 SC462380 core:AfterOneYear 2024-10-31 SC462380 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 SC462380 core:ShareCapital core:PreviouslyStatedAmount 2024-10-31 SC462380 core:RevaluationReserve core:PreviouslyStatedAmount 2025-10-31 SC462380 core:RevaluationReserve core:PreviouslyStatedAmount 2024-10-31 SC462380 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 SC462380 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-10-31 SC462380 core:PreviouslyStatedAmount 2025-10-31 SC462380 core:PreviouslyStatedAmount 2024-10-31 SC462380 business:SmallEntities 2024-11-01 2025-10-31 SC462380 countries:Scotland 2024-11-01 2025-10-31 SC462380 core:LandBuildings 2024-10-31 SC462380 core:FurnitureFittings 2024-10-31 SC462380 core:LandBuildings 2025-10-31 SC462380 core:FurnitureFittings 2025-10-31 SC462380 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Company Registration No. SC462380 (Scotland)
DISCOVERY ESTATES LTD Unaudited accounts for the year ended 31 October 2025
DISCOVERY ESTATES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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DISCOVERY ESTATES LTD Company Information for the year ended 31 October 2025
Directors
GRAEME CARLING LEANNE CARLING
Company Number
SC462380 (Scotland)
Registered Office
165 BROOK STREET BROUGHTY FERRY DUNDEE DD5 1DJ SCOTLAND
Accountants
TMA Accountants & Taxation Advisors 165 Brook Street Broughty Ferry Dundee DD5 1DJ
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DISCOVERY ESTATES LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Called up share capital not paid
702
702
Fixed assets
Tangible assets
4
3,009,267
3,009,267
Current assets
Debtors
5
937,240
959,208
Cash at bank and in hand
58,668
99,719
995,908
1,058,927
Creditors: amounts falling due within one year
6
(648,238)
(725,260)
Net current assets
347,670
333,667
Total assets less current liabilities
3,357,639
3,343,636
Creditors: amounts falling due after more than one year
7
(1,418,493)
(1,426,834)
Net assets
1,939,146
1,916,802
Capital and reserves
Called up share capital
702
702
Revaluation reserve
1,848,842
1,848,842
Profit and loss account
89,602
67,258
Shareholders' funds
1,939,146
1,916,802
For the year ending 31 October 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.
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 30 July 2026 and were signed on its behalf by
GRAEME CARLING Director Company Registration No. SC462380
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DISCOVERY ESTATES LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
DISCOVERY ESTATES LTD is a private company, limited by shares, registered in Scotland, registration number SC462380. The registered office is 165 BROOK STREET, BROUGHTY FERRY, DUNDEE, DD5 1DJ, SCOTLAND.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
3,000,000
9,267
3,009,267
At 31 October 2025
3,000,000
9,267
3,009,267
Depreciation
At 31 October 2025
-
-
-
Net book value
At 31 October 2025
3,000,000
9,267
3,009,267
At 31 October 2024
3,000,000
9,267
3,009,267
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
22,155
-
Trade debtors
6,151
5,936
Other debtors
553,336
402,672
581,642
408,608
Amounts falling due after more than one year
Other debtors
355,598
550,600
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DISCOVERY ESTATES LTD Notes to the Accounts for the year ended 31 October 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
-
80,822
Trade creditors
580,000
580,000
Taxes and social security
38,583
49,438
Other creditors
29,655
15,000
648,238
725,260
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,418,493
1,426,834
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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