Acorah Software Products - Accounts Production 15.0.600 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 06689490 Mr Mark Dewhurst Mr Christopher Dewhurst Mr Mark Dewhurst iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06689490 2023-08-31 06689490 2024-08-31 06689490 2023-09-01 2024-08-31 06689490 frs-core:CurrentFinancialInstruments 2024-08-31 06689490 frs-core:InvestmentPropertyIncludedWithinPPE 2024-08-31 06689490 frs-core:InvestmentPropertyIncludedWithinPPE 2023-08-31 06689490 frs-core:ShareCapital 2024-08-31 06689490 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06689490 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06689490 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 06689490 frs-bus:SmallEntities 2023-09-01 2024-08-31 06689490 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06689490 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06689490 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-01 2024-08-31 06689490 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-08-31 06689490 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-08-31 06689490 frs-bus:Director1 2023-09-01 2024-08-31 06689490 frs-bus:Director2 2023-09-01 2024-08-31 06689490 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 06689490 frs-countries:EnglandWales 2023-09-01 2024-08-31 06689490 2022-08-31 06689490 2023-08-31 06689490 2022-09-01 2023-08-31 06689490 frs-core:CurrentFinancialInstruments 2023-08-31 06689490 frs-core:ShareCapital 2023-08-31 06689490 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 06689490 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-08-31
Registered number: 06689490
Dewhurst Properties Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06689490
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 903,249 803,249
903,249 803,249
CURRENT ASSETS
Debtors 5 152,499 179,696
Cash at bank and in hand 4,612 20,746
157,111 200,442
Creditors: Amounts Falling Due Within One Year 6 (513,039 ) (465,261 )
NET CURRENT ASSETS (LIABILITIES) (355,928 ) (264,819 )
TOTAL ASSETS LESS CURRENT LIABILITIES 547,321 538,430
PROVISIONS FOR LIABILITIES
Deferred Taxation (29,105 ) (28,501 )
NET ASSETS 518,216 509,929
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair Value Reserve 7 87,315 85,502
Profit and Loss Account 429,901 423,427
SHAREHOLDERS' FUNDS 518,216 509,929
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For the year ending 31 August 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christopher Dewhurst
Director
23/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Dewhurst Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06689490 . The registered office is 50-54 Berry Lane, Longridge, Preston, Lancashire, PR3 3JP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover comprises rental income received from investment properties

2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 September 2023 803,249
Additions 97,583
Revaluation 2,417
As at 31 August 2024 903,249
Net Book Value
As at 31 August 2024 903,249
As at 1 September 2023 803,249
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 27,197
Loan - Dewhurst Holiday Homes Limited 152,499 152,499
152,499 179,696
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,952 6,793
Corporation tax 1,519 3,389
Accruals and deferred income 2,640 8,079
Directors' loan accounts 4,928 -
Loan - Dewhurst Homes Holding Company Limited 496,000 447,000
513,039 465,261
7. Reserves
Fair Value Reserve
£
As at 1 September 2023 85,502
Transfer to profit and loss 1,813
As at 31 August 2024 87,315
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8. Related Party Transactions
Dewhurst Holiday Homes LimitedThe Company has loaned monies to Dewhurst Holiday Homes Limited, the Directors and Shareholders of which are also Directors and Shareholders of this Company. The amount owing at the year end was £152,499 (2023 £152,499). The loan is interest free and repayable on demand.

Dewhurst Holiday Homes Limited

The Company has loaned monies to Dewhurst Holiday Homes Limited, the Directors and Shareholders of which are also Directors and Shareholders of this Company. The amount owing at the year end was £152,499 (2023 £152,499). The loan is interest free and repayable on demand.

Dewhurst Homes Holding Company LimitedThe Company owes £496,000 (2023 - £447,000) to Dewhurst Homes Holding Company Limited, the Directors and Shareholders of which are also Directors and Shareholders of this Company. The loan is interest free and repayable on demand.

Dewhurst Homes Holding Company Limited

The Company owes £496,000 (2023 - £447,000) to Dewhurst Homes Holding Company Limited, the Directors and Shareholders of which are also Directors and Shareholders of this Company. The loan is interest free and repayable on demand.

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