Dougall Baillie Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC610708 (Scotland)

Unaudited Financial Statements

for the Period 12th October 2018 to 31st October 2019

for

Dougall Baillie Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

F G Adams

REGISTERED OFFICE:

3 Glenfield Road

Kelvin

East Kilbride

Glasgow

G75 0RA

REGISTERED NUMBER:

SC610708 (Scotland)

ACCOUNTANTS:

Smith Inglis & Tait

1 Auchingramont Road

Hamilton

ML3 6JP

FIXED ASSETS

Investments

4

1,209,000

CURRENT ASSETS

Cash in hand

100

CREDITORS

Amounts falling due within one year

5

200,000

NET CURRENT LIABILITIES

(199,900

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,009,100

CREDITORS

Amounts falling due after more than one year

6

400,000

NET ASSETS

609,100

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

609,000

SHAREHOLDERS' FUNDS

609,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st October 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st October 2019 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9th September 2020 and were signed by:

F G Adams - Director

1.	STATUTORY INFORMATION

Dougall Baillie Consulting 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.

Investments in associates

Investments in associate undertakings are recognised at cost.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

Additions

1,209,000

At 31st October 2019

1,209,000

NET BOOK VALUE

At 31st October 2019

1,209,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

200,000

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

400,000

7.	SECURED DEBTS

The following secured debts are included within creditors:

£

Other loans

600,000