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REGISTERED NUMBER: 00391016 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

DOWNEND ESTATES LIMITED

DOWNEND ESTATES LIMITED (REGISTERED NUMBER: 00391016)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DOWNEND ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: Mrs J C Pollard (Deceased)
The Orchard Executor and Trustee Company
N Pollard





SECRETARY: Mrs J C Pollard (Deceased)





REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU





REGISTERED NUMBER: 00391016 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

DOWNEND ESTATES LIMITED (REGISTERED NUMBER: 00391016)

BALANCE SHEET
31 DECEMBER 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 573 1,131
Investment property 6 24,624 24,624
25,197 25,755

CURRENT ASSETS
Debtors 7 48,087 24,243
Cash at bank and in hand 55,997 131,072
104,084 155,315
CREDITORS
Amounts falling due within one year 8 14,174 9,171
NET CURRENT ASSETS 89,910 146,144
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,107

171,899

PROVISIONS FOR LIABILITIES 9 383 519
NET ASSETS 114,724 171,380

CAPITAL AND RESERVES
Called up share capital 10 16,900 16,900
Retained earnings 97,824 154,480
SHAREHOLDERS' FUNDS 114,724 171,380

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

The members have not required the company to obtain an audit of its financial statements for the year 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.

DOWNEND ESTATES LIMITED (REGISTERED NUMBER: 00391016)

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.

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 7 November 2023 and were signed on its behalf by:





N Pollard - Director


DOWNEND ESTATES LIMITED (REGISTERED NUMBER: 00391016)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

Downend Estates 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.

Intangible assets
Ground rents are capitalised at five years' annual rent on creation of the ground rent liability. No amortisation is charged on the capitalised value. Ground rent liabilities can be redeemed by tenants on payment of a capital sum.

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 - 25% on 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2022
and 31 December 2022 3,490
AMORTISATION
At 1 January 2022
and 31 December 2022 3,490
NET BOOK VALUE
At 31 December 2022 -
At 31 December 2021 -

DOWNEND ESTATES LIMITED (REGISTERED NUMBER: 00391016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2022 22,297 9,150 31,447
Additions - 379 379
Disposals (233 ) - (233 )
At 31 December 2022 22,064 9,529 31,593
DEPRECIATION
At 1 January 2022 22,151 8,165 30,316
Charge for year 87 791 878
Eliminated on disposal (174 ) - (174 )
At 31 December 2022 22,064 8,956 31,020
NET BOOK VALUE
At 31 December 2022 - 573 573
At 31 December 2021 146 985 1,131

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2022
and 31 December 2022 24,624
NET BOOK VALUE
At 31 December 2022 24,624
At 31 December 2021 24,624



The value of Investment Property has been determined by the directors.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 13,336 11,846
Other debtors 34,751 12,397
48,087 24,243

DOWNEND ESTATES LIMITED (REGISTERED NUMBER: 00391016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Taxation and social security 8,674 4,371
Other creditors 5,500 4,800
14,174 9,171

9. PROVISIONS FOR LIABILITIES
31.12.22 31.12.21
£    £   
Deferred tax
Accelerated capital allowances (136 ) -
Deferred tax 519 519
383 519

Deferred
tax
£   
Balance at 1 January 2022 519
accelerated capital allowances (136 )
Balance at 31 December 2022 383

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
16,900 Ordinary £1 16,900 16,900

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2022 and 31 December 2021:

31.12.22 31.12.21
£    £   
Mrs J C Pollard (Deceased)
Balance outstanding at start of year 9,092 (24,836 )
Amounts advanced 17,184 34,240
Amounts repaid (313 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 25,963 9,092

DOWNEND ESTATES LIMITED (REGISTERED NUMBER: 00391016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

12. RELATED PARTY DISCLOSURES

The company maintains interest free loan accounts with its directors. At the year end the director owed the company £25,878 (2021: £9,091).

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the estate of Mrs J C Pollard, by virtue of majority shareholding.