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REGISTERED NUMBER: 04511273



Financial Statements for the Year Ended 31 March 2023

for

Dexter Management Ltd

Dexter Management Ltd (Registered number: 04511273)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6

Report of the Accountants 7

Dexter Management Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs L Taub
Mr M A Taub





REGISTERED OFFICE: 1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ





REGISTERED NUMBER: 04511273





ACCOUNTANTS: BBK Partnership
Chartered Accountants
& Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ

Dexter Management Ltd (Registered number: 04511273)

Statement of Financial Position
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,109,990 1,109,990

CURRENT ASSETS
Prepayments and accrued income 5,765 5,765
Cash at bank 7,753 4,276
13,518 10,041
CREDITORS
Amounts falling due within one year 5 (87,061 ) (103,568 )
NET CURRENT LIABILITIES (73,543 ) (93,527 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,036,447

1,016,463

CREDITORS
Amounts falling due after more than one year 6 (800,431 ) (788,592 )

PROVISIONS FOR LIABILITIES (42,800 ) (42,800 )
NET ASSETS 193,216 185,071

CAPITAL AND RESERVES
Called up share capital 7 2 2
Fair value reserve 8 182,462 182,462
Retained earnings 8 10,752 2,607
SHAREHOLDERS' FUNDS 193,216 185,071

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

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

Dexter Management Ltd (Registered number: 04511273)

Statement of Financial Position - continued
31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by:





Mrs L Taub - Director


Dexter Management Ltd (Registered number: 04511273)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Dexter Management Ltd is a private company, limited by shares , registered in Not specified/Other. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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).

Dexter Management Ltd (Registered number: 04511273)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 April 2022
and 31 March 2023 1,104,290 49,990 1,154,280
DEPRECIATION
At 1 April 2022
and 31 March 2023 44,290 - 44,290
NET BOOK VALUE
At 31 March 2023 1,060,000 49,990 1,109,990
At 31 March 2022 1,060,000 49,990 1,109,990

Cost or valuation at 31 March 2023 is represented by:

Land and
buildings
£   
Valuation in 2020 225,262
Cost 879,028
1,104,290

If Freehold property had not been revalued they would have been included at the following historical cost:

31.3.23 31.3.22
£    £   
Cost 879,028 879,028

Value of land in freehold land and buildings 1,060,000 1,060,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 1,409 1,409
Other creditors 85,652 102,159
87,061 103,568

Dexter Management Ltd (Registered number: 04511273)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 750,441 738,602
Other creditors 49,990 49,990
800,431 788,592

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 750,441 738,602

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
4 Ordinary £1 2 2

8. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2022 2,607 182,462 185,069
Profit for the year 8,145 8,145
At 31 March 2023 10,752 182,462 193,214

Dexter Management Ltd

Report of the Accountants to the Directors of
Dexter Management Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






BBK Partnership
Chartered Accountants
& Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ


Date: .............................................