IRIS Accounts Production v24.1.9.2 00725609 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh007256092023-05-31007256092024-05-31007256092023-06-012024-05-31007256092022-05-31007256092022-06-012023-05-31007256092023-05-3100725609ns15:EnglandWales2023-06-012024-05-3100725609ns14:PoundSterling2023-06-012024-05-3100725609ns10:Director12023-06-012024-05-3100725609ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3100725609ns10:SmallEntities2023-06-012024-05-3100725609ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3100725609ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3100725609ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3100725609ns10:FullAccounts2023-06-012024-05-3100725609ns10:OrdinaryShareClass12023-06-012024-05-3100725609ns10:Director22023-06-012024-05-3100725609ns10:RegisteredOffice2023-06-012024-05-3100725609ns5:CurrentFinancialInstruments2024-05-3100725609ns5:CurrentFinancialInstruments2023-05-3100725609ns5:ShareCapital2024-05-3100725609ns5:ShareCapital2023-05-3100725609ns5:CapitalRedemptionReserve2024-05-3100725609ns5:CapitalRedemptionReserve2023-05-3100725609ns5:RetainedEarningsAccumulatedLosses2024-05-3100725609ns5:RetainedEarningsAccumulatedLosses2023-05-3100725609ns5:FurnitureFittings2023-06-012024-05-3100725609ns5:FurnitureFittings2023-05-3100725609ns5:FurnitureFittings2024-05-3100725609ns5:FurnitureFittings2023-05-3100725609ns10:OrdinaryShareClass12024-05-31
REGISTERED NUMBER: 00725609 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Dickley Investments Limited

Dickley Investments Limited (Registered number: 00725609)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Dickley Investments Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Miss C J Matta
Mrs J A Pilkington





REGISTERED OFFICE: 36 Cambridge Road
Hastings
East Sussex
TN34 1DU





REGISTERED NUMBER: 00725609 (England and Wales)





ACCOUNTANTS: Deeks Evans Audit Services Limited
Chartered Accountants
36 Cambridge Road
Hastings
East Sussex
TN34 1DU

Dickley Investments Limited (Registered number: 00725609)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 302 355
Investment property 5 1,185,000 1,460,000
1,185,302 1,460,355

CURRENT ASSETS
Debtors 6 414 486
Cash at bank 249,558 8,029
249,972 8,515
CREDITORS
Amounts falling due within one year 7 38,598 9,107
NET CURRENT ASSETS/(LIABILITIES) 211,374 (592 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,396,676

1,459,763

PROVISIONS FOR LIABILITIES 154,950 190,173
NET ASSETS 1,241,726 1,269,590

CAPITAL & RESERVES
Called up share capital 8 5,000 5,000
Capital redemption reserve 70,598 70,598
Retained earnings 1,166,128 1,193,992
SHAREHOLDERS' FUNDS 1,241,726 1,269,590

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2024 and were signed on its behalf by:



Mrs J A Pilkington - Director


Dickley Investments Limited (Registered number: 00725609)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Dickley Investments 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 value of rents receivable in the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 15% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
& equipment
£   
COST
At 1 June 2023
and 31 May 2024 2,305
DEPRECIATION
At 1 June 2023 1,950
Charge for year 53
At 31 May 2024 2,003
NET BOOK VALUE
At 31 May 2024 302
At 31 May 2023 355

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 1,460,000
Disposals (275,000 )
At 31 May 2024 1,185,000
NET BOOK VALUE
At 31 May 2024 1,185,000
At 31 May 2023 1,460,000

Dickley Investments Limited (Registered number: 00725609)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. INVESTMENT PROPERTY - continued

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2015 323,732
Valuation in 2016 18,500
Valuation in 2017 26,500
Valuation in 2018 377,000
Valuation in 2019 15,000
Valuation in 2021 70,000
Cost 354,268
1,185,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 354,268 445,043
Aggregate depreciation (167,441 ) (167,441 )

Investment property was valued on an open market basis basis on 31 May 2021 by a director .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 414 486

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 30,889 5,291
Social security & other taxes 760 760
Directors' current accounts 3,909 155
Accruals 3,040 2,901
38,598 9,107

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
5,000 Ordinary £1 5,000 5,000