IRIS Accounts Production v23.3.0.418 13168945 Board of Directors Board of Directors 1.3.22 28.2.23 28.2.23 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131689452022-02-28131689452023-02-28131689452022-03-012023-02-28131689452021-01-31131689452021-02-012022-02-28131689452022-02-2813168945ns10:Originalns15:EnglandWales2022-03-012023-02-2813168945ns14:PoundSterlingns10:Original2022-03-012023-02-2813168945ns10:Originalns10:Director12022-03-012023-02-2813168945ns10:Original2022-03-012023-02-2813168945ns10:Originalns10:Director22022-03-012023-02-2813168945ns10:Original2023-02-2813168945ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2813168945ns10:Originalns10:SmallEntities2022-03-012023-02-2813168945ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2813168945ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2813168945ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2813168945ns10:Originalns10:FullAccounts2022-03-012023-02-2813168945ns10:Original2021-02-012022-02-2813168945ns10:Originalns10:Director32022-03-012023-02-2813168945ns10:Originalns10:Director42022-03-012023-02-2813168945ns10:Originalns10:RegisteredOffice2022-03-012023-02-2813168945ns10:Original2022-02-2813168945ns10:Originalns5:CurrentFinancialInstruments2023-02-2813168945ns10:Originalns5:CurrentFinancialInstruments2022-02-2813168945ns5:ShareCapitalns10:Original2023-02-2813168945ns5:ShareCapitalns10:Original2022-02-2813168945ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2023-02-2813168945ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-02-2813168945ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2813168945ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2813168945ns10:Original2022-02-2813168945ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2813168945ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2813168945ns10:Originalns5:FurtherSpecificReserve3ComponentTotalEquity2022-02-28
REGISTERED NUMBER: 13168945 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Dale Property Investments
(Scarborough) Ltd

Dale Property Investments
(Scarborough) Ltd (Registered number: 13168945)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dale Property Investments
(Scarborough) Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mr B D Elvidge
Mrs A J Elvidge
Mr N Elvidge
Mrs L E Elvidge





REGISTERED OFFICE: Rowan House
7 West Bank
Scarborough
North Yorkshire
YO12 4DX





REGISTERED NUMBER: 13168945 (England and Wales)





ACCOUNTANTS: Asquith & Co Accountants Limited
Rowan House
7 West Bank
SCARBOROUGH
North Yorkshire
YO12 4DX

Dale Property Investments
(Scarborough) Ltd (Registered number: 13168945)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 130,000 130,000

CURRENT ASSETS
Debtors 5 66 95
Cash at bank and in hand 9,048 4,840
9,114 4,935
CREDITORS
Amounts falling due within one year 6 121,553 121,411
NET CURRENT LIABILITIES (112,439 ) (116,476 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,561

13,524

PROVISIONS FOR LIABILITIES 2,005 2,005
NET ASSETS 15,556 11,519

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 8,547 8,547
Retained earnings 6,909 2,872
15,556 11,519

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Dale Property Investments
(Scarborough) Ltd (Registered number: 13168945)

Balance Sheet - continued
28 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 November 2023 and were signed on its behalf by:




Mrs A J Elvidge - Director



Mr B D Elvidge - Director


Dale Property Investments
(Scarborough) Ltd (Registered number: 13168945)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Dale Property Investments (Scarborough) 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.

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 NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 130,000
NET BOOK VALUE
At 28 February 2023 130,000
At 28 February 2022 130,000

Dale Property Investments
(Scarborough) Ltd (Registered number: 13168945)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. INVESTMENT PROPERTY - continued

Fair value at 28 February 2023 is represented by:
£   
Valuation in 2021 119,448
Valuation in 2022 10,552
130,000

The investment property owned by the company has been valued by the directors, on an open market basis, at £130,000.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 66 95

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Taxation and social security 947 744
Other creditors 120,606 120,667
121,553 121,411

7. RESERVES
Fair
value
reserve
£   
At 1 March 2022
and 28 February 2023 8,547

8. RELATED PARTY DISCLOSURES

During the year the company was loaned monies from a company connected to two of the directors. The amount owed at 28 February 2023 was £119,827. The loan is interest free and repayable on demand.