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REGISTERED NUMBER: 03533176 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

DAWNMARK LIMITED

DAWNMARK LIMITED (REGISTERED NUMBER: 03533176)

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


DAWNMARK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: E M Lyons
Ms. C Lyons





SECRETARY: B Meah





REGISTERED OFFICE: Cole Street Studios
6-8 Cole Street
London
SE1 4YH





REGISTERED NUMBER: 03533176 (England and Wales)





ACCOUNTANTS: EZ ACCOUNTING
Chartered Certified Accountants
Cole Street Studios
6-8 Cole Street
London
SE1 4YH

DAWNMARK LIMITED (REGISTERED NUMBER: 03533176)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,780,000 2,780,000

CURRENT ASSETS
Debtors 5 50,062 15,668
Cash at bank 2,424 5,859
52,486 21,527
CREDITORS
Amounts falling due within one year 6 84,797 56,071
NET CURRENT LIABILITIES (32,311 ) (34,544 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,747,689

2,745,456

CREDITORS
Amounts falling due after more than one
year

7

(968,415

)

(968,415

)

PROVISIONS FOR LIABILITIES 8 (391,322 ) (336,111 )
NET ASSETS 1,387,952 1,440,930

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 9 809,934 809,934
Retained earnings 578,016 630,994
1,387,952 1,440,930

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.

DAWNMARK LIMITED (REGISTERED NUMBER: 03533176)

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 30 January 2025 and were signed on its behalf by:





E M Lyons - Director


DAWNMARK LIMITED (REGISTERED NUMBER: 03533176)

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


1. GENERAL INFORMATION

The company is limited by shares and incorporated in England. The address of the registered office is given in the comfy information page of these financial statements.

The financial statements are presented in sterling which is the functional currency of the company and rounded to nearest pound sterling.

2. ACCOUNTING POLICIES

Basis of accounting
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied.

Investment properties
Investment properties for which fair value can be measured reliably without undue cost or effort is measured at fair value at each reporting date with change in fair value recognised in profit or loss.

The methods and significant assumptions used to ascertain in the fair value at the balance sheet date and fair value movement included in the profit for the year are as follows:

Properties are valued by the directors with reference to the values of similar properties in the local area.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset of the entity after deducting all of its financial liabilities.

Deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the statement of Income and Retained Earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

3. EMPLOYEES AND DIRECTORS

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

DAWNMARK LIMITED (REGISTERED NUMBER: 03533176)

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


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 2,780,000
NET BOOK VALUE
At 30 April 2024 2,780,000
At 30 April 2023 2,780,000

If the properties had not been stated at valuation, their historic cost as at 30 April 2024 was £998,590 (2023 £998,590).

The investment properties are let under operating leases and are valued by the directors with reference to the values of similar properties in the local area.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 50,062 15,668

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other creditors 84,797 56,071

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 968,415 968,415

The above liabilities disclosed under creditors falling due after more than one year are secured by the company: Included in the bank loan figure above is £965,791 due in greater than 5 years (2021: £950,251).

8. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 391,322 336,111

Deferred
tax
£   
Balance at 1 May 2023 336,111
Provided during year 55,211
Balance at 30 April 2024 391,322

DAWNMARK LIMITED (REGISTERED NUMBER: 03533176)

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


9. RESERVES
Revaluatio
reserve
£   
At 1 May 2023
and 30 April 2024 809,934

10. RELATED PARTY DISCLOSURES

Mr E Lyons has given a personal guarantee over the company's borrowings.