Silverfin false false 30/06/2024 01/07/2023 30/06/2024 Mr H J B Dunn 15/09/2023 Mr C J Dunn 22/10/2023 10/03/2015 10 March 2025 The principal activity of the Company during the financial year was that of a holding company. 09482659 2024-06-30 09482659 bus:Director1 2024-06-30 09482659 bus:Director2 2024-06-30 09482659 2023-06-30 09482659 core:CurrentFinancialInstruments 2024-06-30 09482659 core:CurrentFinancialInstruments 2023-06-30 09482659 core:ShareCapital 2024-06-30 09482659 core:ShareCapital 2023-06-30 09482659 core:RetainedEarningsAccumulatedLosses 2024-06-30 09482659 core:RetainedEarningsAccumulatedLosses 2023-06-30 09482659 core:CostValuation 2023-06-30 09482659 core:CostValuation 2024-06-30 09482659 core:ProvisionsForImpairmentInvestments 2023-06-30 09482659 core:ProvisionsForImpairmentInvestments 2024-06-30 09482659 bus:OrdinaryShareClass1 2024-06-30 09482659 2023-07-01 2024-06-30 09482659 bus:FilletedAccounts 2023-07-01 2024-06-30 09482659 bus:SmallEntities 2023-07-01 2024-06-30 09482659 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09482659 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09482659 bus:Director1 2023-07-01 2024-06-30 09482659 bus:Director2 2023-07-01 2024-06-30 09482659 2022-07-01 2023-06-30 09482659 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 09482659 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09482659 (England and Wales)

DUNNS STAPLE FITZPAINE LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

DUNNS STAPLE FITZPAINE LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

DUNNS STAPLE FITZPAINE LIMITED

BALANCE SHEET

As at 30 June 2024
DUNNS STAPLE FITZPAINE LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 3,607,362 3,607,362
3,607,362 3,607,362
Current assets
Debtors 4 1,245,406 1,245,406
1,245,406 1,245,406
Creditors: amounts falling due within one year 5 ( 1,950) ( 1,950)
Net current assets 1,243,456 1,243,456
Total assets less current liabilities 4,850,818 4,850,818
Net assets 4,850,818 4,850,818
Capital and reserves
Called-up share capital 6 3,369,807 3,369,807
Profit and loss account 1,481,011 1,481,011
Total shareholders' funds 4,850,818 4,850,818

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Dunns Staple Fitzpaine Limited (registered number: 09482659) were approved and authorised for issue by the Director on 10 March 2025. They were signed on its behalf by:

Mr H J B Dunn
Director
DUNNS STAPLE FITZPAINE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
DUNNS STAPLE FITZPAINE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Dunns Staple Fitzpaine Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is:-

Centenary House
Peninsula Park
Rydon Lane
Exeter
EX2 7XE

The principal place of business is:-
Unit 8A
Ilton Business Park
Ilminster
TA19 9DU

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council.

The functional currency of Dunns Staple Fitzpaine Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the company operates.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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 assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Fixed asset investments

2024 2023
£ £
Subsidiary undertakings 3,607,362 3,607,362

Investments in subsidiaries

2024
£
Cost
At 01 July 2023 4,628,615
At 30 June 2024 4,628,615
Provisions for impairment
At 01 July 2023 1,021,253
At 30 June 2024 1,021,253
Carrying value at 30 June 2024 3,607,362
Carrying value at 30 June 2023 3,607,362

The company has 100% proportion of voting rights and shares held in Dunn's Motors Limited, which is a property letting business. The registered office of the subsidiary is Unit 8a, Ilton Business Park, Ilminster, Somerset, TA19 9DU.

4. Debtors

2024 2023
£ £
Other debtors 1,245,406 1,245,406

5. Creditors: amounts falling due within one year

2024 2023
£ £
Accruals 1,950 1,950

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
3,369,807 Ordinary shares of £ 1.00 each 3,369,807 3,369,807

7. Related party transactions

Other related party transactions

2024 2023
£ £
Balance owed to a company under common control 1,245,406 1,245,406