1 April 2022 false No description of principal activity Taxfiler 2023.10.1 04771975business:PrivateLimitedCompanyLtd2022-04-012023-03-31 047719752022-03-31 047719752022-04-012023-03-31 04771975business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 04771975business:FilletedAccounts2022-04-012023-03-31 047719752023-03-31 04771975business:Director12022-04-012023-03-31 04771975business:RegisteredOffice2022-04-012023-03-31 047719752022-03-31 04771975core:WithinOneYear2023-03-31 04771975core:WithinOneYear2022-03-31 04771975core:AfterOneYear2023-03-31 04771975core:AfterOneYear2022-03-31 04771975core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 04771975core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 04771975core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 04771975core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 04771975core:PreviouslyStatedAmount2023-03-31 04771975core:PreviouslyStatedAmount2022-03-31 04771975business:SmallEntities2022-04-012023-03-31 04771975countries:EnglandWales2022-04-012023-03-31 04771975core:PlantMachinery2022-04-012023-03-31 04771975core:FurnitureFittings2022-04-012023-03-31 04771975core:PlantMachinery2022-03-31 04771975core:FurnitureFittings2022-03-31 04771975core:PlantMachinery2023-03-31 04771975core:FurnitureFittings2023-03-31 047719752021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 04771975 (England and Wales)
Dashwood Investments Limited Unaudited accounts for the year ended 31 March 2023
Dashwood Investments Limited Unaudited accounts Contents
Page
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Dashwood Investments Limited Company Information for the year ended 31 March 2023
Director
M O'Shea
Company Number
04771975 (England and Wales)
Registered Office
Timbers Cottage Barn Nuffield Hanley-On-Thames Middlesex RG9 5SY United Kingdom
Accountants
Evolve Accounting and Tax Solutions Ltd Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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Dashwood Investments Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,951 
2,728 
Investment property
545,000 
545,000 
546,951 
547,728 
Current assets
Debtors
18,309 
19,142 
Cash at bank and in hand
15,563 
8,233 
33,872 
27,375 
Creditors: amounts falling due within one year
(26,596)
(24,661)
Net current assets
7,276 
2,714 
Total assets less current liabilities
554,227 
550,442 
Creditors: amounts falling due after more than one year
(348,534)
(368,534)
Net assets
205,693 
181,908 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
205,593 
181,808 
Shareholders' funds
205,693 
181,908 
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 October 2023 and were signed on its behalf by
M O'Shea Director Company Registration No. 04771975
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Dashwood Investments Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Dashwood Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 04771975. The registered office is Timbers Cottage Barn, Nuffield, Hanley-On-Thames, Middlesex, RG9 5SY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Dashwood Investments Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
9,964 
5,274 
15,238 
Additions
83 
- 
83 
At 31 March 2023
10,047 
5,274 
15,321 
Depreciation
At 1 April 2022
7,335 
5,175 
12,510 
Charge for the year
835 
25 
860 
At 31 March 2023
8,170 
5,200 
13,370 
Net book value
At 31 March 2023
1,877 
74 
1,951 
At 31 March 2022
2,629 
99 
2,728 
5
Investment property
2023 
£ 
Fair value at 1 April 2022
545,000 
At 31 March 2023
545,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
833 
Amounts due from group undertakings etc.
17,000 
17,000 
Deferred tax asset
1,309 
1,309 
18,309 
19,142 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,400 
360 
Amounts owed to group undertakings and other participating interests
10,000 
10,000 
Taxes and social security
7,616 
4,821 
Accruals
7,580 
9,480 
26,596 
24,661 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
348,534 
368,534 
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Dashwood Investments Limited Notes to the Accounts for the year ended 31 March 2023
9
Transactions with related parties
At the Balance Sheet date an amount of £10,000 ( 2022: £10,000) was due to Commercial Holdings Limited owns 100% of the shares in the company. At the Balance Sheet date an amount of £348,934 ( 2022: £368,534) was due to London Commercial Investments Limited, a fellow subsidiary of Commercial Holdings Limited. At the Balance Sheet date an amount of £17,000 ( 2022: £17,000) was due from Classic Car Sales Limited, a fellow subsidiary of Commercial Holdings Limited. All of the above loans are unsecured, interest free and repayable on demand, except for the loan from London Commercial Investments Limited which is payable after more then one year.
10
Controlling party
The ultimate parent company is Commercial Holdings Limited, a company registered in England and Wales. The ultimate controlling party is M O'Shea, a director and shareholder of Commercial Holdings Limited.
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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