DONALDSON AND LYTTLE PROPERTY LTD

Company Registration Number:
NI637599 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

DONALDSON AND LYTTLE PROPERTY LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

DONALDSON AND LYTTLE PROPERTY LTD

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 4,083,660 3,996,785
Total fixed assets: 4,083,660 3,996,785
Current assets
Debtors:   12,011 13,271
Cash at bank and in hand: 548 471
Total current assets: 12,559 13,742
Creditors: amounts falling due within one year:   (840,109) (650,269)
Net current assets (liabilities): (827,550) (636,527)
Total assets less current liabilities: 3,256,110 3,360,258
Creditors: amounts falling due after more than one year:   (1,506,582) (1,506,582)
Total net assets (liabilities): 1,749,528 1,853,676
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,749,527 1,853,675
Shareholders funds: 1,749,528 1,853,676

The notes form part of these financial statements

DONALDSON AND LYTTLE PROPERTY LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 August 2024
and signed on behalf of the board by:

Name: Alexander Christopher Donaldson
Status: Director

The notes form part of these financial statements

DONALDSON AND LYTTLE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 20% on reducing balance

Valuation and information policy

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.

Other accounting policies

Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. 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.

DONALDSON AND LYTTLE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

DONALDSON AND LYTTLE PROPERTY LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 3,999,521
Additions 88,930
At 30 November 2023 4,088,451
Depreciation
At 01 December 2022 2,736
Charge for year 2,055
At 30 November 2023 4,791
Net book value
At 30 November 2023 4,083,660
At 30 November 2022 3,996,785