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REGISTERED NUMBER: 00505188 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

DUKEVILLE SECURITIES LIMITED

DUKEVILLE SECURITIES LIMITED (REGISTERED NUMBER: 00505188)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DUKEVILLE SECURITIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: Mrs J M Milburn
R Milburn
Ms C L Lindley





SECRETARY: Mrs J M Milburn





REGISTERED OFFICE: 83 Cambridge Street
Pimlico
London
SW1V 4PS





REGISTERED NUMBER: 00505188 (England and Wales)





ACCOUNTANTS: George Hay & Company
Chartered Accountants
83 Cambridge Street
London
SW1V 4PS

DUKEVILLE SECURITIES LIMITED (REGISTERED NUMBER: 00505188)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 967,743 1,030,417
Investment property 5 758,986 758,986
1,726,729 1,789,403

CURRENT ASSETS
Debtors 6 2,100 1,950
Cash at bank 179,217 188,570
181,317 190,520
CREDITORS
Amounts falling due within one year 7 24,429 28,757
NET CURRENT ASSETS 156,888 161,763
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,883,617

1,951,166

PROVISIONS FOR LIABILITIES 8 136,576 149,713
NET ASSETS 1,747,041 1,801,453

CAPITAL AND RESERVES
Called up share capital 88 88
Capital redemption reserve 258,120 258,120
Retained earnings 1,488,833 1,543,245
SHAREHOLDERS' FUNDS 1,747,041 1,801,453

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

DUKEVILLE SECURITIES LIMITED (REGISTERED NUMBER: 00505188)

BALANCE SHEET - continued
31ST MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd October 2023 and were signed on its behalf by:





Mrs J M Milburn - Director


DUKEVILLE SECURITIES LIMITED (REGISTERED NUMBER: 00505188)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Dukeville Securities 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable for the year.

Investment properties
Investment properties are carried at fair value. Revaluation gains are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments
The Company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Fixed asset investments
Fixed asset investments are carried at fair value. Revaluation gains are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the investments are sold.

DUKEVILLE SECURITIES LIMITED (REGISTERED NUMBER: 00505188)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST OR VALUATION
At 1st April 2022 1,027,667 2,750 1,030,417
Additions 6,466 - 6,466
Revaluations (69,140 ) - (69,140 )
At 31st March 2023 964,993 2,750 967,743
NET BOOK VALUE
At 31st March 2023 964,993 2,750 967,743
At 31st March 2022 1,027,667 2,750 1,030,417


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022
and 31st March 2023 758,986
NET BOOK VALUE
At 31st March 2023 758,986
At 31st March 2022 758,986

Land and buildings comprise freehold investment properties valued at £558,986, and a long leasehold investment property valued at £200,000.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Stockbrokers dealing account 2,100 1,950

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax - 2,798
Directors' current accounts 2,829 3,174
Accrued expenses 21,600 22,785
24,429 28,757

DUKEVILLE SECURITIES LIMITED (REGISTERED NUMBER: 00505188)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 136,576 149,713

Deferred
tax
£   
Balance at 1st April 2022 149,713
Credit to Profit and Loss Account during year (13,137 )
Balance at 31st March 2023 136,576