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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
Page
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DALESIDE GX LIMITED Company Information for the year ended 31 December 2023
Director
Terry Daniel
Company Number
12367858 (England and Wales)
Registered Office
16 NORTH COMMON ROAD UXBRIDGE UB8 1PD ENGLAND
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DALESIDE GX LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,498 
15,786 
Investment property
954,143 
954,143 
964,641 
969,929 
Current assets
Debtors
103,878 
94,605 
Cash at bank and in hand
3,247 
427 
107,125 
95,032 
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 
Capital and reserves
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
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DALESIDE GX LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
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.
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DALESIDE GX LIMITED Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2023
26,342 
At 31 December 2023
26,342 
Depreciation
At 1 January 2023
10,556 
Charge for the year
5,288 
At 31 December 2023
15,844 
Net book value
At 31 December 2023
10,498 
At 31 December 2022
15,786 
5
Investment property
2023 
£ 
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.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,304 
4,697 
Other debtors
98,574 
89,908 
103,878 
94,605 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
914 
110 
Other creditors
190,926 
167,408 
Accruals
804 
804 
192,644 
168,322 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
744,000 
744,000 
Deferred income
10,000 
10,000 
754,000 
754,000 
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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).
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