D.G. Scroggie Limited - Accounts to registrar (filleted) - small 18.2

D.G. Scroggie Limited - Accounts to registrar (filleted) - small 18.2

D.G. SCROGGIE LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v20.3.4.1 01297833 director 1.3.19 29.2.20 29.2.20 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure012978332019-02-28012978332020-02-29012978332019-03-012020-02-29012978332018-02-28012978332018-03-012019-02-28012978332019-02-2801297833ns16:EnglandWales2019-03-012020-02-2901297833ns15:PoundSterling2019-03-012020-02-2901297833ns11:Director12019-03-012020-02-2901297833ns11:PrivateLimitedCompanyLtd2019-03-012020-02-2901297833ns11:SmallEntities2019-03-012020-02-2901297833ns11:AuditExemptWithAccountantsReport2019-03-012020-02-2901297833ns11:SmallCompaniesRegimeForDirectorsReport2019-03-012020-02-2901297833ns11:SmallCompaniesRegimeForAccounts2019-03-012020-02-2901297833ns11:AbridgedAccounts2019-03-012020-02-2901297833ns11:RegisteredOffice2019-03-012020-02-2901297833ns6:CurrentFinancialInstruments2020-02-2901297833ns6:CurrentFinancialInstruments2019-02-2801297833ns6:ShareCapital2020-02-2901297833ns6:ShareCapital2019-02-2801297833ns6:RetainedEarningsAccumulatedLosses2020-02-2901297833ns6:RetainedEarningsAccumulatedLosses2019-02-2801297833ns6:PlantMachinery2019-03-012020-02-2901297833ns6:FurnitureFittings2019-03-012020-02-29
REGISTERED NUMBER: 01297833 (England and Wales)














Unaudited Financial Statements for the Year Ended 29 February 2020

for

D.G. Scroggie Limited
D.G. Scroggie Limited (Registered number: 01297833)






Contents of the Financial Statements
for the Year Ended 29 February 2020




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

D.G. Scroggie Limited

Company Information
for the Year Ended 29 February 2020







DIRECTOR: I Williams





REGISTERED OFFICE: Seymour Chambers
92 London Road
Liverpool
Merseyside
L3 5NW





REGISTERED NUMBER: 01297833 (England and Wales)





ACCOUNTANTS: Douglas Fairless Partnership
Seymour Chambers
92 London Road
Liverpool
Merseyside
L3 5NW
Page 1
D.G. Scroggie Limited (Registered number: 01297833)

Abridged Balance Sheet
29 February 2020

29.2.20 28.2.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 441 531

CURRENT ASSETS
Stocks 4,500 3,000
Debtors 21,917 17,740
Cash in hand 800 800
27,217 21,540
CREDITORS
Amounts falling due within one year 27,504 18,694
NET CURRENT (LIABILITIES)/ASSETS (287 ) 2,846
TOTAL ASSETS LESS CURRENT
LIABILITIES
154
3,377

PROVISIONS FOR LIABILITIES 84 101
NET ASSETS 70 3,276

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (930 ) 2,276
70 3,276

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2020 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 29 February 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 24 February 2021 and were signed by:





I Williams - Director


The notes form part of these financial statements

Page 2
D.G. Scroggie Limited (Registered number: 01297833)

Notes to the Financial Statements
for the Year Ended 29 February 2020

1. STATUTORY INFORMATION

D.G. Scroggie Limited is a private company, limited by shares , registered in England and Wales. 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 in the profit & loss account represents revenue recognised for services fully delivered during the period exclusive of value added tax.

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 - 15% on reducing balance
Fixtures and fittings - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 2 ) .

Page 3 continued...
D.G. Scroggie Limited (Registered number: 01297833)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2020

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2019
and 29 February 2020 12,299
DEPRECIATION
At 1 March 2019 11,768
Charge for year 90
At 29 February 2020 11,858
NET BOOK VALUE
At 29 February 2020 441
At 28 February 2019 531

Page 4
Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
D.G. Scroggie Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of D.G. Scroggie Limited for the year ended 29 February 2020 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of D.G. Scroggie Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of D.G. Scroggie Limited and state those matters that we have agreed to state to the director of D.G. Scroggie Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that D.G. Scroggie Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of D.G. Scroggie Limited. You consider that D.G. Scroggie Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of D.G. Scroggie Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Douglas Fairless Partnership
Seymour Chambers
92 London Road
Liverpool
Merseyside
L3 5NW


Date: .............................................

This page does not form part of the statutory financial statements

Page 5