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REGISTERED NUMBER: 12280341 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 March 2024

for

Dale Endeavours Limited

Dale Endeavours Limited (Registered number: 12280341)






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


Dale Endeavours Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D Dale
R Dale
J Dale
T Dale





REGISTERED OFFICE: Thorneloe
14 Stephenson Road
Worcester
Worcestershire
WR1 3JE





REGISTERED NUMBER: 12280341 (England and Wales)

Dale Endeavours Limited (Registered number: 12280341)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,413 36,551
Investments 5 3,726,964 3,483,817
Investment property 6 1,933,850 1,474,379
5,688,227 4,994,747

CURRENT ASSETS
Debtors 7 47,645 91,753
Cash at bank and in hand 1,070,282 822,677
1,117,927 914,430
CREDITORS
Amounts falling due within one year 8 1,356,133 1,180,188
NET CURRENT LIABILITIES (238,206 ) (265,758 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,450,021

4,728,989

PROVISIONS FOR LIABILITIES 311,632 138,001
NET ASSETS 5,138,389 4,590,988

CAPITAL AND RESERVES
Called up share capital 1,125 3,376
Share premium 4,012,405 4,012,405
Retained earnings 1,124,859 575,207
5,138,389 4,590,988

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 directors acknowledge their 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.

Dale Endeavours Limited (Registered number: 12280341)

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 Board of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by:





D Dale - Director


Dale Endeavours Limited (Registered number: 12280341)

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

1. STATUTORY INFORMATION

Dale Endeavours 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 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.

Turnover represents dividends received in the year and is recognised at the point of receipt.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

Dale Endeavours Limited (Registered number: 12280341)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 10,387 57,190 67,577
DEPRECIATION
At 1 April 2023 6,005 25,021 31,026
Charge for year 1,096 8,042 9,138
At 31 March 2024 7,101 33,063 40,164
NET BOOK VALUE
At 31 March 2024 3,286 24,127 27,413
At 31 March 2023 4,382 32,169 36,551

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 3,483,817
Additions 842,095
Disposals (1,180,612 )
Revaluations 581,664
At 31 March 2024 3,726,964
NET BOOK VALUE
At 31 March 2024 3,726,964
At 31 March 2023 3,483,817

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2023 524,225
Valuation in 2024 581,665
Cost 2,621,074
3,726,964

If the investment portfolio had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 2,621,074 2,959,591

The portfolio was valued on an open market basis on 31 March 2024 by Quilter Cheviot/Fisher .

Dale Endeavours Limited (Registered number: 12280341)

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

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,474,379
Additions 453,983
Revaluations 5,488
At 31 March 2024 1,933,850
NET BOOK VALUE
At 31 March 2024 1,933,850
At 31 March 2023 1,474,379

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2023 107,737
Valuation in 2024 5,488
Cost 1,820,625
1,933,850

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,820,625 1,366,642

Investment property was valued on an open market basis basis on 31 March 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,763 820
Other debtors 41,444 89,168
Prepayments 2,438 1,765
47,645 91,753

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 646 -
Tax 4,532 -
Social security and other taxes 540 447
Other creditors 443,000 318,000
Directors' current accounts 891,561 850,544
Accruals and deferred income 12,221 8,999
Accrued expenses 3,633 2,198
1,356,133 1,180,188