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REGISTERED NUMBER: 05277542 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

DOLCE PROPERTIES LIMITED

DOLCE PROPERTIES LIMITED (REGISTERED NUMBER: 05277542)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DOLCE PROPERTIES LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2023







DIRECTOR: M Lo Conte





SECRETARY: Mrs M J Lo Conte





REGISTERED OFFICE: Aruna House
2 Kings Road
Haslemere
Surrey
GU27 2QA





REGISTERED NUMBER: 05277542 (England and Wales)





ACCOUNTANTS: A & N (Haslemere) Limited
Aruna House
2 Kings Road
Haslemere
Surrey
GU27 2QA

DOLCE PROPERTIES LIMITED (REGISTERED NUMBER: 05277542)

BALANCE SHEET
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 453,112 453,112

CURRENT ASSETS
Debtors 4 - 40,000
Cash at bank 132,170 19,302
132,170 59,302
CREDITORS
Amounts falling due within one year 5 84,553 20,966
NET CURRENT ASSETS 47,617 38,336
TOTAL ASSETS LESS CURRENT
LIABILITIES

500,729

491,448

CREDITORS
Amounts falling due after more than one
year

6

270,000

270,000
NET ASSETS 230,729 221,448

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 7 230,727 221,446
SHAREHOLDERS' FUNDS 230,729 221,448

DOLCE PROPERTIES LIMITED (REGISTERED NUMBER: 05277542)

BALANCE SHEET - continued
30 November 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 30 August 2024 and were signed by:





M Lo Conte - Director


DOLCE PROPERTIES LIMITED (REGISTERED NUMBER: 05277542)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2023

1. 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.

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.

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.

Other income
Other income included rents received which comprises revenue recognised by the company in respect of income arising from rental charges.

2. EMPLOYEES AND DIRECTORS

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

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 453,112
NET BOOK VALUE
At 30 November 2023 453,112
At 30 November 2022 453,112

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors - 40,000

DOLCE PROPERTIES LIMITED (REGISTERED NUMBER: 05277542)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Taxation and social security 7,233 5,056
Other creditors 77,320 15,910
84,553 20,966

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 270,000 270,000

7. RESERVES
Retained
earnings
£   

At 1 December 2022 221,446
Profit for the year 9,281
At 30 November 2023 230,727

8. CAPITAL COMMITMENTS

The company has a commitments estimated at £5,120 for the forthcoming twelve months (2022 £5,120).