Company Registration No. 12367858 (England and Wales)
DALESIDE GX LIMITED
Unaudited accounts
for the year ended 31 December 2023
DALESIDE GX LIMITED
Unaudited accounts
Contents
DALESIDE GX LIMITED
Company Information
for the year ended 31 December 2023
Company Number
12367858 (England and Wales)
Registered Office
16 NORTH COMMON ROAD
UXBRIDGE
UB8 1PD
ENGLAND
DALESIDE GX LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
10,498
15,786
Investment property
954,143
954,143
Cash at bank and in hand
3,247
427
Creditors: amounts falling due within one year
(192,644)
(168,322)
Net current liabilities
(85,519)
(73,290)
Total assets less current liabilities
879,122
896,639
Creditors: amounts falling due after more than one year
(754,000)
(754,000)
Net assets
125,122
142,639
Called up share capital
100
100
Fair value reserve
195,493
195,493
Profit and loss account
(70,471)
(52,954)
Shareholders' funds
125,122
142,639
For the year ending 31 December 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 29 August 2024 and were signed on its behalf by
Terry Daniel
Director
Company Registration No. 12367858
DALESIDE GX LIMITED
Notes to the Accounts
for the year ended 31 December 2023
DALESIDE GX LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12367858. The registered office is 16 NORTH COMMON ROAD, UXBRIDGE, UB8 1PD, 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:
Fixtures & fittings
over 5 years
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.
DALESIDE GX LIMITED
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings
At 31 December 2023
26,342
At 31 December 2023
15,844
At 31 December 2023
10,498
At 31 December 2022
15,786
Fair value at 1 January 2023
954,143
At 31 December 2023
954,143
In the opinion of the Directors', the valuation of the company's investment properties are not materially different from the amount stated in the financial statements.
Amounts falling due within one year
Other debtors
98,574
89,908
7
Creditors: amounts falling due within one year
2023
2022
Other creditors
190,926
167,408
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
744,000
744,000
Deferred income
10,000
10,000
DALESIDE GX LIMITED
Notes to the Accounts
for the year ended 31 December 2023
9
Transactions with related parties
Included in debtors is an amount of £98,574 (2022: £89,908 owed by companies in which the director has an interest.
Included in creditors is an amount of £177,460 (2022: £155,390) owed to companies in which the director has an interest.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).