Dent Car Park Limited |
Registered number: |
07332274 |
Balance Sheet |
as at 31 July 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
28,330 |
|
|
27,767 |
|
Current assets |
Stocks |
|
|
887,938 |
|
|
864,613 |
Debtors |
4 |
|
145,003 |
|
|
4,362 |
Investments held as current assets |
5 |
|
4,023 |
|
|
3,888 |
Cash at bank and in hand |
|
|
6,323 |
|
|
60,758 |
|
|
|
1,043,287 |
|
|
933,621 |
|
Creditors: amounts falling due within one year |
6 |
|
(121,523) |
|
|
(1,523) |
|
Net current assets |
|
|
|
921,764 |
|
|
932,098 |
|
Total assets less current liabilities |
|
|
|
950,094 |
|
|
959,865 |
|
|
Provisions for liabilities |
|
|
|
- |
|
|
(1,900) |
|
|
Net assets |
|
|
|
950,094 |
|
|
957,965 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
950,092 |
|
|
957,963 |
|
Shareholders' funds |
|
|
|
950,094 |
|
|
957,965 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
D Gratton |
Director |
Approved by the board on 22 December 2024 |
|
Dent Car Park Limited |
Notes to the Accounts |
for the year ended 31 July 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover arises from various sources all related to the company's activity as a property business. It is measured at the fair value of the consideration receivable. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulated depreciation. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
20% reducing balance |
|
|
Stocks |
|
Stocks comprise plots held / built for resale and are recorded at costs incurred to date. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the accounts and their inclusion in tax assessments. Current and deferred tax assets and liabilities are not discounted. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
At 1 August 2023 |
76,330 |
|
Additions |
6,288 |
|
At 31 July 2024 |
82,618 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 August 2023 |
48,563 |
|
Charge for the year |
5,725 |
|
At 31 July 2024 |
54,288 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 July 2024 |
28,330 |
|
At 31 July 2023 |
27,767 |
|
|
4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Amounts owed by connected undertakings |
|
135,000 |
|
- |
|
Other debtors |
10,003 |
|
4,362 |
|
|
|
|
|
|
145,003 |
|
4,362 |
|
|
|
|
|
|
|
|
|
|
5 |
Investments held as current assets |
2024 |
|
2023 |
£ |
£ |
|
Fair value |
|
Unlisted investments |
4,023 |
|
3,888 |
|
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Amounts owed to connected undertakings |
|
120,000 |
|
- |
|
Other creditors |
1,523 |
|
1,523 |
|
|
|
|
|
|
121,523 |
|
1,523 |
|
|
|
|
|
|
|
|
|
|
7 |
Related party transactions |
|
|
The company has lent money to and borrowed money from connected undertakings in which the directors have an interest or more. The amounts owing by or to the connected undertakings are disclosed in notes 5 and 6 above and no formal terms attach to these loans. |
|
|
8 |
Other information |
|
|
Dent Car Park Limited is a private company limited by shares and incorporated in England and Wales. The company is jointly-owned and therefore controlled by its directors. The registered office is situated at First Floor Offices, Allied House, Bryn Lane, Wrexham, LL13 9UT. |