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REGISTERED NUMBER: 01199882 (England and Wales)















DOCKDALE LIMITED

Unaudited Financial Statements for the Year Ended 31 May 2024






DOCKDALE LIMITED (REGISTERED NUMBER: 01199882)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DOCKDALE LIMITED

Company Information
for the Year Ended 31 May 2024







DIRECTORS: B R Steele
G Steele





SECRETARY: Mrs J A Steele





REGISTERED OFFICE: 59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX





REGISTERED NUMBER: 01199882 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

DOCKDALE LIMITED (REGISTERED NUMBER: 01199882)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,504 45,156
Investment property 5 240,000 240,000
277,504 285,156

CURRENT ASSETS
Stocks 125,503 150,609
Debtors 6 43,240 46,355
Cash at bank and in hand 17,779 9,165
186,522 206,129
CREDITORS
Amounts falling due within one year 7 185,926 226,368
NET CURRENT ASSETS/(LIABILITIES) 596 (20,239 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,100

264,917

CREDITORS
Amounts falling due after more than one year 8 (25,489 ) (30,102 )

PROVISIONS FOR LIABILITIES (28,900 ) (28,900 )
NET ASSETS 223,711 205,915

CAPITAL AND RESERVES
Called up share capital 70,100 70,100
Retained earnings 153,611 135,815
SHAREHOLDERS' FUNDS 223,711 205,915

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 February 2025 and were signed on its behalf by:




G Steele - Director


DOCKDALE LIMITED (REGISTERED NUMBER: 01199882)

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

1. STATUTORY INFORMATION

Dockdale Limited 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.

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 as modified by the revaluation of certain assets.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

DOCKDALE LIMITED (REGISTERED NUMBER: 01199882)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 227,308 45,115 505 272,928
Disposals (14,000 ) - - (14,000 )
At 31 May 2024 213,308 45,115 505 258,928
DEPRECIATION
At 1 June 2023 217,788 9,900 84 227,772
Charge for year 1,428 5,891 101 7,420
Eliminated on disposal (13,768 ) - - (13,768 )
At 31 May 2024 205,448 15,791 185 221,424
NET BOOK VALUE
At 31 May 2024 7,860 29,324 320 37,504
At 31 May 2023 9,520 35,215 421 45,156

The net book value of tangible fixed assets includes £ 29,324 (2023 - £ 35,215 ) in respect of assets held under hire purchase contracts.

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 240,000
NET BOOK VALUE
At 31 May 2024 240,000
At 31 May 2023 240,000

The investment property known as 352 Stourbridge Road, Halesowen, West Midlands, B63 3QS was transferred to the Company for £70,000 on 7th November 1997 by Mrs Josephine Steele.

If the investment property had not been revalued it would have been included at the following historical cost:


£   

Cost 70,000
Depreciation -


The investment property was valued on an open market basis on 31 May 2018 by the director Mr G Steele.

DOCKDALE LIMITED (REGISTERED NUMBER: 01199882)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,269 29,684
Directors' current accounts 17,971 16,671
43,240 46,355

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,113 7,513
Trade creditors 15,237 32,142
Social security and other taxes 2,199 12,936
Other creditors 151,788 152,690
Directors' current accounts 5,602 17,237
Accrued expenses 5,987 3,850
185,926 226,368

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 25,489 30,102

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
G Steele
Balance outstanding at start of year 16,671 15,357
Amounts advanced 18,590 20,014
Amounts repaid (17,290 ) (18,700 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 17,971 16,671