Dobbie Properties Limited 10724772 false 2022-05-01 2023-04-30 2023-04-30 The principal activity of the company is that of a property development company. Digita Accounts Production Advanced 6.30.9574.0 true true 10724772 2022-05-01 2023-04-30 10724772 2023-04-30 10724772 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-04-30 10724772 core:RetainedEarningsAccumulatedLosses 2023-04-30 10724772 core:ShareCapital 2023-04-30 10724772 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 10724772 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 10724772 core:FurnitureFittingsToolsEquipment 2023-04-30 10724772 bus:SmallEntities 2022-05-01 2023-04-30 10724772 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 10724772 bus:FilletedAccounts 2022-05-01 2023-04-30 10724772 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 10724772 bus:RegisteredOffice 2022-05-01 2023-04-30 10724772 bus:Director1 2022-05-01 2023-04-30 10724772 bus:Director2 2022-05-01 2023-04-30 10724772 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-05-01 2023-04-30 10724772 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 10724772 core:OfficeEquipment 2022-05-01 2023-04-30 10724772 countries:AllCountries 2022-05-01 2023-04-30 10724772 2022-04-30 10724772 core:FurnitureFittingsToolsEquipment 2022-04-30 10724772 2021-05-01 2022-04-30 10724772 2022-04-30 10724772 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-04-30 10724772 core:RetainedEarningsAccumulatedLosses 2022-04-30 10724772 core:ShareCapital 2022-04-30 10724772 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-30 10724772 core:Non-currentFinancialInstruments core:AfterOneYear 2022-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 10724772

Dobbie Properties Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 April 2023

 

Dobbie Properties Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 7

 

Dobbie Properties Limited

Company Information

Directors

Mr Stephen Dobbie

Mrs Susanne Dobbie

Registered office

Unit 1 Barons Court Graceways
Whitehills Business Park
Blackpool
Lancashire
FY4 5GP

Accountants

Rawcliffe & Co Limited
Chartered Accountants
Unit 1 Barons Court
Graceways
Whitehills Business Park
Blackpool
Lancashire
FY4 5GP

 

Dobbie Properties Limited

(Registration number: 10724772)
Abridged Balance Sheet as at 30 April 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

1

40,021

Creditors: Amounts falling due within one year

(22,173)

(53,662)

Total assets less current liabilities

 

(22,172)

(13,641)

Creditors: Amounts falling due after more than one year

(26,109)

(32,229)

Accruals and deferred income

 

(1,680)

(2,645)

Net liabilities

 

(49,961)

(48,515)

Capital and reserves

 

Called up share capital

5

1

1

Retained earnings

(49,962)

(48,516)

Shareholders' deficit

 

(49,961)

(48,515)

 

Dobbie Properties Limited

(Registration number: 10724772)
Abridged Balance Sheet as at 30 April 2023

For the financial year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 March 2024 and signed on its behalf by:
 

.........................................
Mrs Susanne Dobbie
Director

   
     
 

Dobbie Properties Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 1 Barons Court Graceways
Whitehills Business Park
Blackpool
Lancashire
FY4 5GP
United Kingdom

These financial statements were authorised for issue by the Board on 25 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Dobbie Properties Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

straight line over 3 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Dobbie Properties Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2023

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 May 2022

515

515

At 30 April 2023

515

515

Depreciation

At 1 May 2022

515

515

At 30 April 2023

515

515

Carrying amount

At 30 April 2023

-

-

 

Dobbie Properties Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2023

5

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary of £0.01 each

100

1

100

1