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REGISTERED NUMBER: 00610855 (England and Wales)














Dodgson's Properties Limited

Unaudited Financial Statements

For The Year Ended 5 April 2022






Dodgson's Properties Limited (Registered number: 00610855)






Contents of the Financial Statements
For The Year Ended 5 April 2022




Page

Company Information 1

Chartered Accountants' Report 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


Dodgson's Properties Limited

Company Information
For The Year Ended 5 April 2022







DIRECTORS: D H Williamson
A J Tait
Mrs S L Isdale
I D Williamson



SECRETARY: D H Williamson



REGISTERED OFFICE: Hamilton House
12 Belvedere Parade
Bridlington
East Yorkshire
Y015 3LX



REGISTERED NUMBER: 00610855 (England and Wales)



ACCOUNTANTS: Charles A. Wood & Co.
Chartered Accountants
15 Prospect Street
Bridlington
East Yorkshire
YO15 2AE



BANKERS: Virgin Money
24 Huntriss Row
Scarborough
North Yorkshire
YO11 2EG

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Dodgson's Properties Limited

The following reproduces the text of the report prepared for the directors 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 Income Statement and certain other primary statements and the Report of the Directors 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 Dodgson's Properties Limited for the year ended 5 April 2022 which comprise the 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Dodgson's Properties Limited, as a body, in accordance with the terms of our engagement letter dated 5 September 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Dodgson's Properties Limited and state those matters that we have agreed to state to the Board of Directors of Dodgson's Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dodgson's Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Dodgson's Properties 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 loss of Dodgson's Properties Limited. You consider that Dodgson's Properties 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 Dodgson's Properties 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.






Charles A. Wood & Co.
Chartered Accountants
15 Prospect Street
Bridlington
East Yorkshire
YO15 2AE


5 September 2022

Dodgson's Properties Limited (Registered number: 00610855)

Abridged Balance Sheet
5 April 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,086 30,889
Investment property 5 2,416,800 2,416,800
2,444,886 2,447,689

CURRENT ASSETS
Debtors 674 686
Cash at bank and in hand 39,767 69,709
40,441 70,395
CREDITORS
Amounts falling due within one year 26,508 25,885
NET CURRENT ASSETS 13,933 44,510
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,458,819

2,492,199

PROVISIONS FOR LIABILITIES 202,991 155,037
NET ASSETS 2,255,828 2,337,162

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 6 1,785,672 1,834,721
Retained earnings 469,156 501,441
SHAREHOLDERS' FUNDS 2,255,828 2,337,162

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Dodgson's Properties Limited (Registered number: 00610855)

Abridged Balance Sheet - continued
5 April 2022


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 Balance Sheet for the year ended 5 April 2022 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 Board of Directors and authorised for issue on 5 September 2022 and were signed on its behalf by:





D H Williamson - Director


Dodgson's Properties Limited (Registered number: 00610855)

Notes to the Financial Statements
For The Year Ended 5 April 2022

1. STATUTORY INFORMATION

Dodgson's Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income receivable in respect of investment properties.


Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 3 (2021 - 3 ) .

Dodgson's Properties Limited (Registered number: 00610855)

Notes to the Financial Statements - continued
For The Year Ended 5 April 2022

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 6 April 2021 167,729
Additions 318
At 5 April 2022 168,047
DEPRECIATION
At 6 April 2021 136,840
Charge for year 3,121
At 5 April 2022 139,961
NET BOOK VALUE
At 5 April 2022 28,086
At 5 April 2021 30,889

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2021 2,416,800
Additions 2,055
Revaluations (2,055 )
At 5 April 2022 2,416,800
NET BOOK VALUE
At 5 April 2022 2,416,800
At 5 April 2021 2,416,800

Fair value at 5 April 2022 is represented by:
£   
Valuation in 2013 1,671,868
Valuation in 2014 15,008
Valuation in 2015 56,562
Valuation in 2016 68,900
Valuation in 2017 38,261
Valuation in 2018 58,296
Valuation in 2019 34,566
Valuation in 2020 (28,700 )
Valuation in 2021 70,400
Valuation in 2022 (2,055 )
Cost 433,694
2,416,800

Dodgson's Properties Limited (Registered number: 00610855)

Notes to the Financial Statements - continued
For The Year Ended 5 April 2022

5. INVESTMENT PROPERTY - continued

If the investment properties had not been revalued they would have been included at the following historical cost:

2022 2021
£    £   
Cost 433,694 431,639

The investment properties were valued on an open market basis on 5 April 2022 by D H Williamson, a company director .

6. RESERVES
Revaluation
reserve
£   
At 6 April 2021 1,834,721
Revaluation in the year (2,055 )
Deferred tax provision 514
Deferred tax change in rate
of taxation (47,508 )

At 5 April 2022 1,785,672

7. RELATED PARTY DISCLOSURES

The following balances were due to the Director:
2022 2021
£    £   
D H Williamson - 21

8. ULTIMATE CONTROLLING PARTY

The controlling party is D H Williamson.