Silverfin false 31/12/2021 31/12/2021 01/01/2021 Mr I C Doble 01/03/1991 Dr J A Doble 09/08/1994 Mr W M L Doble 23/06/2014 09 August 2022 The principal activity of the Company during the financial year was that of owning and renting investment property. 00743616 2021-12-31 00743616 bus:Director1 2021-12-31 00743616 bus:Director2 2021-12-31 00743616 bus:Director3 2021-12-31 00743616 2020-12-31 00743616 core:CurrentFinancialInstruments 2021-12-31 00743616 core:CurrentFinancialInstruments 2020-12-31 00743616 core:ShareCapital 2021-12-31 00743616 core:ShareCapital 2020-12-31 00743616 core:CapitalRedemptionReserve 2021-12-31 00743616 core:CapitalRedemptionReserve 2020-12-31 00743616 core:RetainedEarningsAccumulatedLosses 2021-12-31 00743616 core:RetainedEarningsAccumulatedLosses 2020-12-31 00743616 core:PlantMachinery 2020-12-31 00743616 core:PlantMachinery 2021-12-31 00743616 core:CostValuation 2020-12-31 00743616 core:CostValuation 2021-12-31 00743616 core:ProvisionsForImpairmentInvestments 2020-12-31 00743616 core:ProvisionsForImpairmentInvestments 2021-12-31 00743616 bus:OrdinaryShareClass1 2021-12-31 00743616 bus:OrdinaryShareClass2 2021-12-31 00743616 bus:OrdinaryShareClass3 2021-12-31 00743616 bus:OrdinaryShareClass4 2021-12-31 00743616 bus:OrdinaryShareClass5 2021-12-31 00743616 bus:OtherShareClass1 2021-12-31 00743616 bus:OtherShareClass2 2021-12-31 00743616 2021-01-01 2021-12-31 00743616 bus:FullAccounts 2021-01-01 2021-12-31 00743616 bus:SmallEntities 2021-01-01 2021-12-31 00743616 bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 00743616 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 00743616 bus:Director1 2021-01-01 2021-12-31 00743616 bus:Director2 2021-01-01 2021-12-31 00743616 bus:Director3 2021-01-01 2021-12-31 00743616 core:PlantMachinery 2021-01-01 2021-12-31 00743616 2020-01-01 2020-12-31 00743616 bus:OrdinaryShareClass1 2021-01-01 2021-12-31 00743616 bus:OrdinaryShareClass1 2020-01-01 2020-12-31 00743616 bus:OrdinaryShareClass2 2021-01-01 2021-12-31 00743616 bus:OrdinaryShareClass2 2020-01-01 2020-12-31 00743616 bus:OrdinaryShareClass3 2021-01-01 2021-12-31 00743616 bus:OrdinaryShareClass3 2020-01-01 2020-12-31 00743616 bus:OrdinaryShareClass4 2021-01-01 2021-12-31 00743616 bus:OrdinaryShareClass4 2020-01-01 2020-12-31 00743616 bus:OrdinaryShareClass5 2021-01-01 2021-12-31 00743616 bus:OrdinaryShareClass5 2020-01-01 2020-12-31 00743616 bus:OtherShareClass1 2021-01-01 2021-12-31 00743616 bus:OtherShareClass1 2020-01-01 2020-12-31 00743616 bus:OtherShareClass2 2021-01-01 2021-12-31 00743616 bus:OtherShareClass2 2020-01-01 2020-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 00743616 (England and Wales)

L DOBLE LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2021
Pages for filing with the registrar

L DOBLE LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2021

Contents

L DOBLE LIMITED

BALANCE SHEET

As at 31 December 2021
L DOBLE LIMITED

BALANCE SHEET (continued)

As at 31 December 2021
Note 2021 2020
£ £
Fixed assets
Tangible assets 3 7,748 10,331
Investment property 4 981,798 751,210
Investments 5 1 1
989,547 761,542
Current assets
Debtors 6 1,056 88,076
Cash at bank and in hand 7 6,485 3,066
7,541 91,142
Creditors
Amounts falling due within one year 8 ( 454,866) ( 299,247)
Net current liabilities (447,325) (208,105)
Total assets less current liabilities 542,222 553,437
Provisions for liabilities ( 2,741) ( 1,962)
Net assets 539,481 551,475
Capital and reserves
Called-up share capital 9 9,500 9,500
Capital redemption reserve 500 500
Profit and loss account 529,481 541,475
Total shareholders' funds 539,481 551,475

For the financial year ending 31 December 2021 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of L Doble Limited (registered number: 00743616) were approved and authorised for issue by the Board of Directors on 09 August 2022. They were signed on its behalf by:

Mr I C Doble
Director
L DOBLE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2021
L DOBLE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2021
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

L Doble Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp North Quay House, Sutton Harbour, Plymouth, PL4 0RA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover is recognised for the period to which the rental relates.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

2. Employees

2021 2020
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Tangible assets

Plant and machinery Total
£ £
Cost
At 01 January 2021 24,062 24,062
At 31 December 2021 24,062 24,062
Accumulated depreciation
At 01 January 2021 13,731 13,731
Charge for the financial year 2,583 2,583
At 31 December 2021 16,314 16,314
Net book value
At 31 December 2021 7,748 7,748
At 31 December 2020 10,331 10,331

4. Investment property

Investment property
£
Valuation
As at 01 January 2021 751,210
Additions 230,588
As at 31 December 2021 981,798

5. Fixed asset investments

Investments in subsidiaries

2021
£
Cost
At 01 January 2021 1
At 31 December 2021 1
Provisions for impairment
At 01 January 2021 1
At 31 December 2021 1
Carrying value at 31 December 2021 0
Carrying value at 31 December 2020 0

6. Debtors

2021 2020
£ £
Trade debtors 0 525
Amounts owed by Group undertakings 0 23,687
Corporation tax 0 902
Other debtors 1,056 62,962
1,056 88,076

7. Cash and cash equivalents

2021 2020
£ £
Cash at bank and in hand 6,485 3,066

8. Creditors: amounts falling due within one year

2021 2020
£ £
Trade creditors 9,917 8,672
Other creditors 443,565 273,563
Other taxation and social security 1,384 17,012
454,866 299,247

9. Called-up share capital

2021 2020
£ £
Allotted, called-up and fully-paid
2,750 A ordinary shares of £ 1.00 each 2,750 2,750
2,750 B ordinary shares of £ 1.00 each 2,750 2,750
1,000 C ordinary shares of £ 1.00 each 1,000 1,000
500 D ordinary shares of £ 1.00 each 500 500
1,000 F ordinary shares of £ 1.00 each 1,000 1,000
1,000 E ordinary shares of £ 1.00 each 1,000 1,000
500 G ordinary shares of £ 1.00 each 500 500
9,500 9,500