DORCHESTER LIVING LIMITED

Company Registration Number:
08529143 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

DORCHESTER LIVING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

DORCHESTER LIVING LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks: 873,055 267,610
Debtors:   9,182,406 11,227,564
Cash at bank and in hand: 123,398 438
Investments:   0 0
Total current assets: 10,178,859 11,495,612
Creditors: amounts falling due within one year:   (969,861) (387,038)
Net current assets (liabilities): 9,208,998 11,108,574
Total assets less current liabilities: 9,208,998 11,108,574
Creditors: amounts falling due after more than one year:   (8,725,721) (10,874,868)
Total net assets (liabilities): 483,277 233,706
Capital and reserves
Called up share capital: 3 3
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 483,274 233,703
Shareholders funds: 483,277 233,706

The notes form part of these financial statements

DORCHESTER LIVING LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 November 2024
and signed on behalf of the board by:

Name: Paul Silver
Status: Director

The notes form part of these financial statements

DORCHESTER LIVING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Other accounting policies

Going Concern These financial statements have been prepared on a going-concern basis. The directors have a reasonable expectation that the company has adequate resources to continue in operational business for the foreseeable future. Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price minus any estimated completion or selling costs. When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

DORCHESTER LIVING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 35 38

DORCHESTER LIVING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Related party transactions

Name of the related party: Heyford Park Settlements LP
Relationship:
Common directors
Description of the Transaction: During the year the company recharged expenses to Heyford Park Settlements LP
£
Balance at 01 January 2023 1,030,724
Balance at 31 December 2023 1,726,691
Name of the related party: Vivere Group Limited
Relationship:
Common directors
Description of the Transaction: During the year, the company charged marketing and management fees to Vivere Group Limited
£
Balance at 01 January 2023 0
Balance at 31 December 2023 0
Name of the related party: ZSLE Limited
Relationship:
Common Director
Description of the Transaction: During the year the company was charged expenses from ZSLE Limited
£
Balance at 01 January 2023 282,463
Balance at 31 December 2023 282,463
Name of the related party: Verary Limited
Relationship:
Common Director
Description of the Transaction: During the year the company was charged expenses from Verary Limited
£
Balance at 01 January 2023 2,204,400
Balance at 31 December 2023 2,342,512
Name of the related party: Dorchester Residential Management Limited
Relationship:
Common Director
Description of the Transaction: During the year the company was charged expenses from Dorchester Residential Management Limited
£
Balance at 01 January 2023 1,317,613
Balance at 31 December 2023 1,289,853
Name of the related party: Elgin Investments LLP
Relationship:
Common Directors
Description of the Transaction: During the year the company re-charged expenses to Elgin Investments LLP
£
Balance at 01 January 2023 3,068,655
Balance at 31 December 2023 2,905,226
Name of the related party: County Water Limited
Relationship:
Common Director
Description of the Transaction: During the year the company re-charged expenses to County Water Ltd
£
Balance at 01 January 2023 252,706
Balance at 31 December 2023 186,449
Name of the related party: Whitehill & Bordon Development Company New Chase Limited
Relationship:
Common Directors
Description of the Transaction: During the year the company re-charged expenses to Whitehill & Bordon Development Company New Chase Limited
£
Balance at 01 January 2023 1,113,741
Balance at 31 December 2023 1,290,374
Name of the related party: Dorchester Project Management Limited
Relationship:
Common Directors
Description of the Transaction: During the year the company was charged expenses from Dorchester Project Management Limited
£
Balance at 01 January 2023 1,072,000
Balance at 31 December 2023 60,000