Dodman Hospitality Limited 09610742 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is that of events management and catering. Digita Accounts Production Advanced 6.30.9574.0 true true 09610742 2023-06-01 2024-05-31 09610742 2024-05-31 09610742 core:CurrentFinancialInstruments 2024-05-31 09610742 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 09610742 core:Goodwill 2024-05-31 09610742 core:MotorVehicles 2024-05-31 09610742 core:PlantMachinery 2024-05-31 09610742 bus:SmallEntities 2023-06-01 2024-05-31 09610742 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09610742 bus:FilletedAccounts 2023-06-01 2024-05-31 09610742 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09610742 bus:RegisteredOffice 2023-06-01 2024-05-31 09610742 bus:CompanySecretaryDirector1 2023-06-01 2024-05-31 09610742 bus:Director1 2023-06-01 2024-05-31 09610742 bus:Director3 2023-06-01 2024-05-31 09610742 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09610742 bus:Agent1 2023-06-01 2024-05-31 09610742 core:Goodwill 2023-06-01 2024-05-31 09610742 core:MotorVehicles 2023-06-01 2024-05-31 09610742 core:PlantMachinery 2023-06-01 2024-05-31 09610742 core:OtherRelatedParties 2023-06-01 2024-05-31 09610742 countries:AllCountries 2023-06-01 2024-05-31 09610742 2023-05-31 09610742 core:Goodwill 2023-05-31 09610742 core:MotorVehicles 2023-05-31 09610742 core:PlantMachinery 2023-05-31 09610742 2022-06-01 2023-05-31 09610742 2023-05-31 09610742 core:CurrentFinancialInstruments 2023-05-31 09610742 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 09610742 core:Goodwill 2023-05-31 09610742 core:MotorVehicles 2023-05-31 09610742 core:PlantMachinery 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 09610742

Dodman Hospitality Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

image-name
 

Dodman Hospitality Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 10

 

Dodman Hospitality Limited

Company Information

Directors

Mr PWR Dodman

Mrs DT Dodman

Mr NS Dodman

Company secretary

Mrs DT Dodman

Registered office

The Coppins
Cranfield Road
Moulsoe
Newport Pagnell
Buckinghamshire
MK16 0HB

Accountants

Michael J Emery & Co Limited
Chartered Accountants
22 St. John Street
Newport Pagnell
Buckinghamshire
MK16 8HJ

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Dodman Hospitality Limited
for the Year Ended 31 May 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Dodman Hospitality Limited for the year ended 31 May 2024 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Dodman Hospitality Limited, as a body, in accordance with the terms of our instructions. Our work has been undertaken solely to prepare for your approval the accounts of Dodman Hospitality Limited and state those matters that we have agreed to state to the Board of Directors of Dodman Hospitality Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dodman Hospitality Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Dodman Hospitality Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Dodman Hospitality Limited. You consider that Dodman Hospitality Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Dodman Hospitality Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Michael J Emery & Co Limited
Chartered Accountants
22 St. John Street
Newport Pagnell
Buckinghamshire
MK16 8HJ

30 January 2025

 

Dodman Hospitality Limited

(Registration number: 09610742)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

16,833

18,833

Tangible assets

5

8,465

10,649

 

25,298

29,482

Current assets

 

Stocks

6

19,237

22,897

Debtors

7

6,382

858

Cash at bank and in hand

 

12,924

10,935

 

38,543

34,690

Creditors: Amounts falling due within one year

8

(70,530)

(66,771)

Net current liabilities

 

(31,987)

(32,081)

Net liabilities

 

(6,689)

(2,599)

Capital and reserves

 

Called up share capital

300

300

Retained earnings

(6,989)

(2,899)

Shareholders' deficit

 

(6,689)

(2,599)

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 January 2025 and signed on its behalf by:
 

 

Dodman Hospitality Limited

(Registration number: 09610742)
Balance Sheet as at 31 May 2024

.........................................
Mrs DT Dodman
Company secretary and director

 

Dodman Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales. Registration number 09610742.

The address of its registered office is:
The Coppins
Cranfield Road
Moulsoe
Newport Pagnell
Buckinghamshire
MK16 0HB

These financial statements were authorised for issue by the Board on 30 January 2025.

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.

Going concern

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

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Dodman Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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 and machinery

20% on cost

Motor vehicles

20% on cost

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

10% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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 initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Dodman Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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 initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company during the year, including directors, was 3 (2023 - 3).

 

Dodman Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 June 2023

20,000

20,000

At 31 May 2024

20,000

20,000

Amortisation

At 1 June 2023

1,167

1,167

Amortisation charge

2,000

2,000

At 31 May 2024

3,167

3,167

Carrying amount

At 31 May 2024

16,833

16,833

At 31 May 2023

18,833

18,833

5

Tangible assets

Plant and machinery
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 June 2023

1,419

9,500

10,919

At 31 May 2024

1,419

9,500

10,919

Depreciation

At 1 June 2023

112

158

270

Charge for the year

284

1,900

2,184

At 31 May 2024

396

2,058

2,454

Carrying amount

At 31 May 2024

1,023

7,442

8,465

At 31 May 2023

1,307

9,342

10,649

 

Dodman Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

6

Stocks

2024
£

2023
£

Inventory

19,237

22,897

7

Debtors

Current

2024
£

2023
£

Trade debtors

6,031

-

Prepayments

351

-

VAT debtor

-

858

 

6,382

858

8

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

3,073

-

Accruals and deferred income

375

120

Directors' loan accounts

66,623

66,651

VAT creditor

459

-

70,530

66,771

 

Dodman Hospitality Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

9

Related party transactions

Summary of transactions with other related parties


During the year, the company purchased a motor vehicle from one of the directors for £Nil (2023: £9,500). The market value of the motor vehicle at the date of purchase was £13,000.