Dallington Forest Development Ltd 08982794 false 2023-04-30 2024-04-29 2024-04-29 The principal activity of the company is forestry management. Digita Accounts Production Advanced 6.30.9574.0 true true 08982794 2023-04-30 2024-04-29 08982794 2024-04-29 08982794 core:RetainedEarningsAccumulatedLosses 2024-04-29 08982794 core:ShareCapital 2024-04-29 08982794 core:CurrentFinancialInstruments 2024-04-29 08982794 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-29 08982794 core:FurnitureFittingsToolsEquipment 2024-04-29 08982794 core:MotorVehicles 2024-04-29 08982794 core:OtherPropertyPlantEquipment 2024-04-29 08982794 bus:SmallEntities 2023-04-30 2024-04-29 08982794 bus:AuditExemptWithAccountantsReport 2023-04-30 2024-04-29 08982794 bus:FilletedAccounts 2023-04-30 2024-04-29 08982794 bus:SmallCompaniesRegimeForAccounts 2023-04-30 2024-04-29 08982794 bus:RegisteredOffice 2023-04-30 2024-04-29 08982794 bus:Director2 2023-04-30 2024-04-29 08982794 bus:PrivateLimitedCompanyLtd 2023-04-30 2024-04-29 08982794 core:MotorVehicles 2023-04-30 2024-04-29 08982794 core:OfficeEquipment 2023-04-30 2024-04-29 08982794 core:PlantMachinery 2023-04-30 2024-04-29 08982794 countries:England 2023-04-30 2024-04-29 08982794 2023-04-29 08982794 core:FurnitureFittingsToolsEquipment 2023-04-29 08982794 core:MotorVehicles 2023-04-29 08982794 core:OtherPropertyPlantEquipment 2023-04-29 08982794 2022-04-30 2023-04-29 08982794 2023-04-29 08982794 core:RetainedEarningsAccumulatedLosses 2023-04-29 08982794 core:ShareCapital 2023-04-29 08982794 core:CurrentFinancialInstruments 2023-04-29 08982794 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-29 08982794 core:FurnitureFittingsToolsEquipment 2023-04-29 08982794 core:MotorVehicles 2023-04-29 08982794 core:OtherPropertyPlantEquipment 2023-04-29 iso4217:GBP xbrli:pure

Registration number: 08982794

Dallington Forest Development Ltd

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 29 April 2024

 

Dallington Forest Development Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 5

 

Dallington Forest Development Ltd

Company Information

Director

N Kristiansen

Registered office

C/o Manningtons Chartered Accountants
8 High Street
Heathfield
East Sussex
TN21 8LS

Accountants

Manningtons
8 High Street
Heathfield
East Sussex
TN21 8LS

 

Dallington Forest Development Ltd

(Registration number: 08982794)
Balance Sheet as at 29 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

4,628

4,628

Current assets

 

Debtors

5

1,876

1,876

Creditors: Amounts falling due within one year

6

(247,166)

(244,360)

Net current liabilities

 

(245,290)

(242,484)

Net liabilities

 

(240,662)

(237,856)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(240,762)

(237,956)

Shareholders' deficit

 

(240,662)

(237,856)

For the financial year ending 29 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 January 2025
 

.........................................
N Kristiansen
Director

 

Dallington Forest Development Ltd

Notes to the Financial Statements for the Year Ended 29 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
C/o Manningtons Chartered Accountants
8 High Street
Heathfield
East Sussex
TN21 8LS

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & Machinery

20% Straight Line

Motor Vehicles

25% Reducing Balance

Office Equipment

33.3% Straight Line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price.

 

Dallington Forest Development Ltd

Notes to the Financial Statements for the Year Ended 29 April 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

 

Dallington Forest Development Ltd

Notes to the Financial Statements for the Year Ended 29 April 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 30 April 2023

2,303

34,667

121,083

158,053

At 29 April 2024

2,303

34,667

121,083

158,053

Depreciation

At 30 April 2023

2,303

30,039

121,083

153,425

At 29 April 2024

2,303

30,039

121,083

153,425

Carrying amount

At 29 April 2024

-

4,628

-

4,628

At 29 April 2023

-

4,628

-

4,628

5

Debtors

2024
£

2023
£

Prepayments

1,876

1,876

1,876

1,876

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Bank loans and overdrafts

7

236,021

236,021

Accruals and deferred income

 

552

552

Director loan account

 

10,593

7,787

 

247,166

244,360

7

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Other borrowings

236,021

236,021