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REGISTERED NUMBER: 07427059 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

DIDCOT PARK HOMES LIMITED

DIDCOT PARK HOMES LIMITED (REGISTERED NUMBER: 07427059)

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


DIDCOT PARK HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mrs A M Pearson





REGISTERED OFFICE: Advantage
87 Castle Street
Reading
Berkshire
RG1 7SN





REGISTERED NUMBER: 07427059 (England and Wales)





ACCOUNTANTS: Haines Watts
Advantage
87 Castle Street
Reading
Berkshire
RG1 7SN

DIDCOT PARK HOMES LIMITED (REGISTERED NUMBER: 07427059)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 78,668 157,240
Tangible assets 5 3,102 4,136
81,770 161,376

CURRENT ASSETS
Stocks 18,503 136,537
Debtors 6 8,028 13,383
Cash at bank and in hand 955,564 655,257
982,095 805,177
CREDITORS
Amounts falling due within one year 7 87,677 59,753
NET CURRENT ASSETS 894,418 745,424
TOTAL ASSETS LESS CURRENT
LIABILITIES

976,188

906,800

PROVISIONS FOR LIABILITIES 31 183
NET ASSETS 976,157 906,617

CAPITAL AND RESERVES
Called up share capital 9 903,784 903,784
Retained earnings 72,373 2,833
SHAREHOLDERS' FUNDS 976,157 906,617

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 her 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.

DIDCOT PARK HOMES LIMITED (REGISTERED NUMBER: 07427059)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 and authorised for issue by the director and authorised for issue on 4 September 2024 and were signed by:





Mrs A M Pearson - Director


DIDCOT PARK HOMES LIMITED (REGISTERED NUMBER: 07427059)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Didcot Park Homes 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Office Equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


DIDCOT PARK HOMES LIMITED (REGISTERED NUMBER: 07427059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 December 2022
and 30 November 2023 785,818
AMORTISATION
At 1 December 2022 628,578
Amortisation for year 78,572
At 30 November 2023 707,150
NET BOOK VALUE
At 30 November 2023 78,668
At 30 November 2022 157,240

DIDCOT PARK HOMES LIMITED (REGISTERED NUMBER: 07427059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


5. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings Equipment Totals
£ £ £
COST
At 1 December 2022
and 30 November 2023 5,855 4,352 10,207
DEPRECIATION
At 1 December 2022 2,615 3,456 6,071
Charge for year 810 224 1,034
At 30 November 2023 3,425 3,680 7,105
NET BOOK VALUE
At 30 November 2023 2,430 672 3,102
At 30 November 2022 3,240 896 4,136

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 1,246 3,364
Other debtors 721 721
VAT - 2,896
Prepayments and accrued income 6,061 6,402
8,028 13,383

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Corporation tax 64,957 28,595
VAT 161 -
Other creditors 180 6,171
Directors' current accounts 393 17,561
Accrued expenses 21,986 7,426
87,677 59,753

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£ £
Within one year 55,705 55,705
Between one and five years 129,978 185,683
185,683 241,388

DIDCOT PARK HOMES LIMITED (REGISTERED NUMBER: 07427059)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
903,684 Ordinary £1 903,684 903,684
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
903,784 903,784