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REGISTERED NUMBER: 11285797 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

SEDGWICK PROPERTIES (DOVER) LTD

SEDGWICK PROPERTIES (DOVER) LTD (REGISTERED NUMBER: 11285797)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SEDGWICK PROPERTIES (DOVER) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: W E Sedgwick
Miss L Sedgwick
Mrs J M Sedgwick





REGISTERED OFFICE: Great Napchester Farm
Napchester Road
Whitfield
Dover
Kent
CT15 5HD





REGISTERED NUMBER: 11285797 (England and Wales)





ACCOUNTANTS: Cassidys Chartered Accountants
South Stour Offices
South Stour Road
Mersham
Ashford
Kent
TN25 7HS

SEDGWICK PROPERTIES (DOVER) LTD (REGISTERED NUMBER: 11285797)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 798,420 813,454

CURRENT ASSETS
Cash at bank 9,601 7,928

CREDITORS
Amounts falling due within one year 5 1,135,573 628,525
NET CURRENT LIABILITIES (1,125,972 ) (620,597 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(327,552

)

192,857

CREDITORS
Amounts falling due after more than one year 6 - 484,992
NET LIABILITIES (327,552 ) (292,135 )

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings (327,702 ) (292,285 )
(327,552 ) (292,135 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

SEDGWICK PROPERTIES (DOVER) LTD (REGISTERED NUMBER: 11285797)

BALANCE SHEET - continued
30 APRIL 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 27 January 2025 and were signed on its behalf by:





W E Sedgwick - Director


SEDGWICK PROPERTIES (DOVER) LTD (REGISTERED NUMBER: 11285797)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Sedgwick Properties (Dover) 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.

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


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.

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.
Land and buildings - 2% on cost
Plant and machinery etc - 10% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

SEDGWICK PROPERTIES (DOVER) LTD (REGISTERED NUMBER: 11285797)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

Going concern
During the year the company incurred a loss of £35,417 (2023 - £93,930) and at the balance sheet date the company had net liabilities of £327,552 (2023 - £292,135). These financial statements have been prepared on a going concern basis which assumes continuing support from the company directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 844,708 31,401 876,109
DEPRECIATION
At 1 May 2023 59,470 3,185 62,655
Charge for year 11,894 3,140 15,034
At 30 April 2024 71,364 6,325 77,689
NET BOOK VALUE
At 30 April 2024 773,344 25,076 798,420
At 30 April 2023 785,238 28,216 813,454

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 3,482 5,811
Other creditors 1,132,091 622,714
1,135,573 628,525

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans - 484,992

SEDGWICK PROPERTIES (DOVER) LTD (REGISTERED NUMBER: 11285797)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.4.24 30.4.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 484,992

7. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans - 484,992

The loan is secured over the property held by the company.

8. RELATED PARTY DISCLOSURES

Mr W E Sedgwick - Director and Shareholder

As at the balance sheet date, the company owed Mr W E Sedgwick £1,131,191 (2023 - £621,886).