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REGISTERED NUMBER: 11953757 (England and Wales)












Unaudited Financial Statements

For The Period 1 May 2022 to 31 December 2022

for

Dunnington Holdings Ltd

Dunnington Holdings Ltd (Registered number: 11953757)






Contents of the Financial Statements
For The Period 1 May 2022 to 31 December 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Dunnington Holdings Ltd

Company Information
For The Period 1 May 2022 to 31 December 2022







DIRECTORS: G Milburn
N J Wraith
Mrs N A Milburn





REGISTERED OFFICE: 10 Cardale Court
Beckwith Head Road
Harrogate
HG3 1RY





REGISTERED NUMBER: 11953757 (England and Wales)





ACCOUNTANTS: Bushells
6 Victoria Avenue
Harrogate
North Yorkshire
HG1 1ED

Dunnington Holdings Ltd (Registered number: 11953757)

Abridged Balance Sheet
31 December 2022

2022 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 505,585 500,000
Investments 5 506 506
Investment property 6 310,000 -
816,091 500,506

CURRENT ASSETS
Debtors 552 10,221
Cash at bank 9,859 199,537
10,411 209,758
CREDITORS
Amounts falling due within one year 880,917 709,252
NET CURRENT LIABILITIES (870,506 ) (499,494 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(54,415

)

1,012

CAPITAL AND RESERVES
Called up share capital 1,012 1,012
Other reserves (41,418 ) -
Retained earnings (14,009 ) -
(54,415 ) 1,012

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

Dunnington Holdings Ltd (Registered number: 11953757)

Abridged Balance Sheet - continued
31 December 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 period ended 31 December 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 4 October 2023 and were signed on its behalf by:





G Milburn - Director


Dunnington Holdings Ltd (Registered number: 11953757)

Notes to the Financial Statements
For The Period 1 May 2022 to 31 December 2022

1. STATUTORY INFORMATION

Dunnington Holdings Ltd 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 as modified by the revaluation of certain assets.

The accounts have been prepared on the going concern basis of accounting. The company is considered to be a going concern with the continued support of the creditors.

Turnover
Turnover represents amounts receivable on rental agreements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & equipment - 20% on reducing balance

Freehold and Leasehold property - not provided

No depreciation charge is provided on freehold and leasehold property on the grounds that it would be insignificant. The estimated residual value of the tangible fixed asset is not significantly different from the carrying amount of the asset. The company has a policy and practice of regular maintenance and repair such that the assessed standard of performance is maintained.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 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.


Dunnington Holdings Ltd (Registered number: 11953757)

Notes to the Financial Statements - continued
For The Period 1 May 2022 to 31 December 2022

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2022 500,000
Additions 6,444
At 31 December 2022 506,444
DEPRECIATION
Charge for period 859
At 31 December 2022 859
NET BOOK VALUE
At 31 December 2022 505,585
At 30 April 2022 500,000

Dunnington Holdings Ltd (Registered number: 11953757)

Notes to the Financial Statements - continued
For The Period 1 May 2022 to 31 December 2022

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 May 2022
and 31 December 2022 506
NET BOOK VALUE
At 31 December 2022 506
At 30 April 2022 506

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 351,418
Revaluation deficit (41,418 )
At 31 December 2022 310,000
NET BOOK VALUE
At 31 December 2022 310,000

The property, purchased in the period at a total cost of £351,418, has been revalued at fair market value of £310,000 by the directors.

7. SECURED DEBTS

The following secured debts are included within creditors:

2022 2022
as restated
£    £   
Bank loans 195,417 -

The bank loan is secured by way of a fixed and floating charge on the freehold property of the company and by way of a fixed and floating charge on the assets of the subsidiary company, Dunnington Electricals Ltd.

Dunnington Holdings Ltd (Registered number: 11953757)

Notes to the Financial Statements - continued
For The Period 1 May 2022 to 31 December 2022

8. RECONCILIATION OF RESERVES

Share Retained Other
capital earnings reserves Total
£    £    £    £   

As at 1 May 2022 1,012 - - 1,012
Profit for the period - 29,013 - 29,013
Dividends - (84,440 ) - (84,440 )
Property revaluation deficit - 41,418 (41,418 ) -
As at 31 December 2022 1,012 (14,009 ) (41,418 ) (54,415 )


9. PRIOR YEAR ADJUSTMENT

In the accounts to 30 April 2022 cash at bank and amounts falling due within one year were both understated by £199,537. The correction has had no effect on retained earnings or net assets.