Dunedin Advisory Services Limited - Accounts to registrar (filleted) - small 18.2
Dunedin Advisory Services Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Report of the Director and |
| Unaudited Financial Statements for the Year Ended 31 July 2020 |
| for |
| Dunedin Advisory Services Limited |
| Dunedin Advisory Services Limited (Registered number: SC338045) |
| Contents of the Financial Statements |
| for the Year Ended 31 July 2020 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 5 |
| Dunedin Advisory Services Limited |
| Company Information |
| for the Year Ended 31 July 2020 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| H5, Newark Business Park |
| Newark Road South |
| Glenrothes |
| Fife |
| KY7 4NS |
| Dunedin Advisory Services Limited (Registered number: SC338045) |
| Report of the Director |
| for the Year Ended 31 July 2020 |
| The director presents her report with the financial statements of the company for the year ended 31 July 2020. |
| DIRECTOR |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
| ON BEHALF OF THE BOARD: |
| Dunedin Advisory Services Limited (Registered number: SC338045) |
| Balance Sheet |
| 31 July 2020 |
| 31.7.20 | 31.7.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 | 139 | 192 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| Dunedin Advisory Services Limited (Registered number: SC338045) |
| Balance Sheet - continued |
| 31 July 2020 |
| 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 |
| Dunedin Advisory Services Limited (Registered number: SC338045) |
| Notes to the Financial Statements |
| for the Year Ended 31 July 2020 |
| 1. | STATUTORY INFORMATION |
| Dunedin Advisory Services Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Improvements to property | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Taxation |
| Taxation for the year comprises current 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 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 |
| Dunedin Advisory Services Limited (Registered number: SC338045) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | and | Computer |
| property | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 August 2019 |
| and 31 July 2020 |
| DEPRECIATION |
| At 1 August 2019 |
| Charge for year |
| At 31 July 2020 |
| NET BOOK VALUE |
| At 31 July 2020 | ( |
) |
| At 31 July 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Trade debtors |
| VAT |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Trade creditors |
| Tax |
| Other creditors |
| Accruals |
| 7. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Within one year |
| Between one and five years |
| Dunedin Advisory Services Limited (Registered number: SC338045) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2020 |
| 8. | PROVISIONS FOR LIABILITIES |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Deferred tax | 26 | 36 |
| Deferred |
| tax |
| £ |
| Balance at 1 August 2019 |
| Provided during year | ( |
) |
| Balance at 31 July 2020 |
| A deferred tax asset has not been recognised in the financial statements regarding losses carried forward. If a deferred asset was recognised it would amount to £598 (2019: £933). |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 31.7.20 | 31.7.19 |
| value: | £ | £ |
| Share capital 1 | £1 | 1 | 1 |