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REGISTERED NUMBER: 12836560 (England and Wales)







Unaudited Financial Statements for the Year Ended 31 March 2024

for

Davidson Real Estate Ltd

Davidson Real Estate Ltd (Registered number: 12836560)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Davidson Real Estate Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr W Davidson





REGISTERED OFFICE: Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY





REGISTERED NUMBER: 12836560 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Davidson Real Estate Ltd (Registered number: 12836560)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,268 3,023
Investments 5 54,062 40,057
56,330 43,080

CURRENT ASSETS
Debtors 6 1,664 138
Cash at bank 3,678 30,582
5,342 30,720
CREDITORS
Amounts falling due within one year 7 (1,894 ) (16,174 )
NET CURRENT ASSETS 3,448 14,546
TOTAL ASSETS LESS CURRENT LIABILITIES 59,778 57,626

PROVISIONS FOR LIABILITIES (2,047 ) (574 )
NET ASSETS 57,731 57,052

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 6,889 -
Retained earnings 9 50,742 56,952
SHAREHOLDERS' FUNDS 57,731 57,052

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Davidson Real Estate Ltd (Registered number: 12836560)

Balance Sheet - continued
31 March 2024


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 6 September 2024 and were signed by:





Mr W Davidson - Director


Davidson Real Estate Ltd (Registered number: 12836560)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Davidson Real Estate Ltd 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 as modified by the revaluation of certain assets.

Turnover
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
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
Computer equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Davidson Real Estate Ltd (Registered number: 12836560)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 580 2,611 3,191
DEPRECIATION
At 1 April 2023 85 83 168
Charge for year 123 632 755
At 31 March 2024 208 715 923
NET BOOK VALUE
At 31 March 2024 372 1,896 2,268
At 31 March 2023 495 2,528 3,023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 40,057
Additions 5,500
Revaluations 8,505
At 31 March 2024 54,062
NET BOOK VALUE
At 31 March 2024 54,062
At 31 March 2023 40,057

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2023 (11,943 )
Valuation in 2024 8,505
Cost 57,500
54,062

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,500 -
Prepayments 164 138
1,664 138

Davidson Real Estate Ltd (Registered number: 12836560)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 740 15,362
Directors' current accounts 524 212
Accrued expenses 630 600
1,894 16,174

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2023 56,952 - 56,952
Profit for the year 9,429 9,429
Dividends (8,750 ) (8,750 )
Assets revalued in period (6,889 ) 6,889 -
At 31 March 2024 50,742 6,889 57,631

Reserves excluded a non-distributable amount of £8,505.19

10. RELATED PARTY DISCLOSURES

Consultancy fees totalling £13,000 (£87,000, 2023) were charged to Fox Davidson Ltd by Davidson Real Estate Ltd.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Davidson Real Estate Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Davidson Real Estate Ltd for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Davidson Real Estate Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Davidson Real Estate Ltd and state those matters that we have agreed to state to the director of Davidson Real Estate Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Davidson Real Estate Ltd and its director for our work or for this report.

It is your duty to ensure that Davidson Real Estate Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Davidson Real Estate Ltd. You consider that Davidson Real Estate Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Davidson Real Estate Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY


6 September 2024