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REGISTERED NUMBER: 05727918 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

T Dansie Limited

T Dansie Limited (Registered number: 05727918)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T Dansie Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr T Dansie





SECRETARY: Mrs M A Dansie





REGISTERED OFFICE: 1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: 05727918 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

T Dansie Limited (Registered number: 05727918)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Investment property 5 766,887 450,000
766,887 450,000

CURRENT ASSETS
Debtors 6 224,435 221,160
Cash at bank 47,517 147,225
271,952 368,385
CREDITORS
Amounts falling due within one year 7 576,326 340,284
NET CURRENT (LIABILITIES)/ASSETS (304,374 ) 28,101
TOTAL ASSETS LESS CURRENT
LIABILITIES

462,513

478,101

PROVISIONS FOR LIABILITIES 34,383 34,382
NET ASSETS 428,130 443,719

CAPITAL AND RESERVES
Called up share capital 8 100 100
Non-distributable reserve 103,146 103,146
Retained earnings 324,884 340,473
SHAREHOLDERS' FUNDS 428,130 443,719

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

T Dansie Limited (Registered number: 05727918)

Balance Sheet - continued
31 October 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 director and authorised for issue on 31 July 2024 and were signed by:





Mr T Dansie - Director


T Dansie Limited (Registered number: 05727918)

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

1. STATUTORY INFORMATION

T Dansie Limited 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.

Turnover
Turnover represents the company's share of the profits of the partnership.

Goodwill
Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows:

Goodwill - ten years

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the fair value reserve.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 323,134
AMORTISATION
At 1 November 2022
and 31 October 2023 323,134
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

Goodwill arose on the purchase of the company's share in the partnership.

T Dansie Limited (Registered number: 05727918)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022 450,000
Additions 316,887
At 31 October 2023 766,887
NET BOOK VALUE
At 31 October 2023 766,887
At 31 October 2022 450,000

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2017 37,527
Valuation in 2019 25,000
Valuation in 2021 25,000
Valuation in 2022 50,000
Cost 629,360
766,887

If the investment properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 629,360 312,472

The investment properties were valued on an open market basis on 31 October 2023 by the director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Due from partnership 73,385 151,511
Other debtors 151,050 -
Directors' current accounts - 68,902
Prepayments and accrued income - 747
224,435 221,160

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

T Dansie Limited (Registered number: 05727918)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 11,945 29,313
Other creditors 287,649 304,829
Directors' current accounts 270,194 -
Accruals and deferred income 6,538 6,142
576,326 340,284

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
62 Ordinary A £1 62 62
10 Ordinary B £1 10 10
14 Ordinary C £1 14 14
14 Ordinary D £1 14 14
100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
Mr T Dansie
Balance outstanding at start of year 68,902 40,677
Amounts advanced - 78,936
Amounts repaid (68,902 ) (50,711 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 68,902

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2% per annum to 5th April 2023 and 2.25% thereafter.

10. RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided by related parties amounted to £285,729 (2022: £285,729).