Company Registration No. 06072981 (England and Wales)
Dovedale Properties Limited
Unaudited accounts
for the year ended 31 January 2023
Dovedale Properties Limited
Unaudited accounts
Contents
Dovedale Properties Limited
Company Information
for the year ended 31 January 2023
Company Number
06072981 (England and Wales)
Registered Office
S A Accountancy
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
England
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Dovedale Properties Limited
Statement of financial position
as at 31 January 2023
Tangible assets
2,137
2,664
Investment property
1,716,809
1,716,809
Cash at bank and in hand
4,169
-
Creditors: amounts falling due within one year
(898,410)
(991,054)
Net current liabilities
(487,458)
(494,022)
Total assets less current liabilities
1,231,488
1,225,451
Creditors: amounts falling due after more than one year
(769,124)
(768,457)
Net assets
462,364
456,994
Called up share capital
1
1
Revaluation reserve
153,257
153,257
Profit and loss account
309,106
303,736
Shareholders' funds
462,364
456,994
For the year ending 31 January 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 her 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 17 November 2023 and were signed on its behalf by
J Smithyman
Director
Company Registration No. 06072981
Dovedale Properties Limited
Notes to the Accounts
for the year ended 31 January 2023
Dovedale Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 06072981. The registered office is S A Accountancy, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
25% per annum on cost
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2022
3,240
2,229
5,469
At 31 January 2023
3,240
2,229
5,469
At 1 February 2022
2,471
334
2,805
Charge for the year
192
335
527
At 31 January 2023
2,663
669
3,332
At 31 January 2023
577
1,560
2,137
At 31 January 2022
769
1,895
2,664
Fair value at 1 February 2022
1,716,809
At 31 January 2023
1,716,809
Dovedale Properties Limited
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Trade debtors
82,253
54,585
Other debtors
324,530
442,447
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,956
18,323
Trade creditors
43,389
40,919
Taxes and social security
202,148
189,582
Other creditors
621,929
609,985
Loans from directors
21,348
72,245
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
769,124
768,457
9
Transactions with related parties
Included with Other Debtors are amounts due from companies in which family members are directors and shareholders:
Kingswinford Van Centre Limited £45908 (2022: £49678)
Dawley Industrial Services Limited £100330 (2022: £103030)
C & A Services (Kingswinford) Limited £13180 (2022: £137861)
Ariort Limited £7362 (2022: £6987)
Holbeache Services Ltd £5749
Hampden Close Management Ltd £403
Lea Farm Estates Limited £1033
Weir Court Property Management Limited £754
Zaria Court Management Limited £403
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).