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Registered number: 10007962

Damson Park Associates Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023


Damson Park Associates Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
Mrs RA Jackson
SECRETARY
Miss N Claydon
REGISTERED OFFICE
The Lodge
Park Road
Shepton Mallet
Somerset
BA4 5BS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10007962
BANKERS
Handelsbanken, 66 Queen Square, Bristol, BS1 4JP

Damson Park Associates Limited

ACCOUNTS
FOR THEYEARENDED31/03/2023
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Damson Park Associates Limited

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets4,431,8463,691,598
CURRENT ASSETS
Debtors219,5449,583
Cash at bank and in hand72,13772,972
91,68182,555
CREDITORS: Amounts falling due within one year3547,483631,868
NET CURRENT LIABILITIES(455,802)(549,313)
TOTAL ASSETS LESS CURRENT LIABILITIES3,976,0443,142,285
CREDITORS: Amounts falling due after more than one year42,085,0002,085,000
PROVISIONS FOR LIABILITIES AND CHARGES6211,01670,369
NET ASSETS1,680,028986,916
CAPITAL AND RESERVES
Called up share capital71,0001,000
Profit and loss account1,679,028985,916
SHAREHOLDERS' FUNDS1,680,028986,916
For the year ending 31/03/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 05/11/2023 and signed on their behalf by
.............................
Mrs RA Jackson
Director

Damson Park Associates Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
2. DEBTORS 20232022
££
Amounts falling due within one year
Other debtors13,4358,336
Prepayments6,1091,247
19,5449,583
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax21,93518,369
Directors current account110,273198,464
Other Loans139,998148,374
Loans37,40037,400
Loans197,815197,815
Other creditors21,66317,199
Accruals12,90911,515
Prepaid income5,4902,732
547,483631,868

Damson Park Associates Limited

4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr2,085,0002,085,000
2,085,0002,085,000
5. EMPLOYEES
20232022
No.No.
Average number of employees--
6. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation211,01670,369
211,01670,369
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
752 A Ordinary Share of £1 each752752
124 B Ordinary Share of £1 each124124
124 C Ordinary Share of £1 each124124
1,0001,000
8. RELATED PARTY TRANSACTIONS
Other creditors includes a loan owing to the director Mrs RA Jackson of £110,273 (2022: £198,464). The loan is unsecured, interest free and there are no fixed repayment terms.

Damson Park Associates Limited

9. RETAINED EARNINGS BREAKDOWN
Included in retained earnings is £1,027,893 (2022: £428,292) of profits which are not available for distribution as they are unrealised.