Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 04466192 Mr P Dunnicliffe Mrs S Dunnicliffe Mrs S Dunnicliffe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04466192 2023-06-30 04466192 2024-06-30 04466192 2023-07-01 2024-06-30 04466192 frs-core:CurrentFinancialInstruments 2024-06-30 04466192 frs-core:RevaluationReserve 2023-06-30 04466192 frs-core:RevaluationReserve 2024-06-30 04466192 frs-core:ShareCapital 2024-06-30 04466192 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04466192 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04466192 frs-bus:AbridgedAccounts 2023-07-01 2024-06-30 04466192 frs-bus:SmallEntities 2023-07-01 2024-06-30 04466192 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 04466192 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04466192 frs-bus:Director1 2023-07-01 2024-06-30 04466192 frs-bus:Director2 2023-07-01 2024-06-30 04466192 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 04466192 frs-countries:EnglandWales 2023-07-01 2024-06-30 04466192 2022-06-30 04466192 2023-06-30 04466192 2022-07-01 2023-06-30 04466192 frs-core:CurrentFinancialInstruments 2023-06-30 04466192 frs-core:RevaluationReserve 2023-06-30 04466192 frs-core:ShareCapital 2023-06-30 04466192 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 04466192
Dunnicliffe Properties Ltd.
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 June 2024
Aird Accountancy Limited
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 04466192
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 525,000 525,000
525,000 525,000
CURRENT ASSETS
Debtors 2 2
Cash at bank and in hand 6,906 5,200
6,908 5,202
Creditors: Amounts Falling Due Within One Year (39,995 ) (57,039 )
NET CURRENT ASSETS (LIABILITIES) (33,087 ) (51,837 )
TOTAL ASSETS LESS CURRENT LIABILITIES 491,913 473,163
PROVISIONS FOR LIABILITIES
Deferred Taxation (41,159 ) (41,159 )
NET ASSETS 450,754 432,004
CAPITAL AND RESERVES
Called up share capital 5 2 2
Revaluation reserve 6 175,468 175,468
Profit and Loss Account 275,284 256,534
SHAREHOLDERS' FUNDS 450,754 432,004
Page 1
Page 2
For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs S Dunnicliffe
Director
11/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Dunnicliffe Properties Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 04466192 . The registered office is 8 Main Street, Bilton, Rugby, Warwickshire, CV22 7NB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Total
£
Cost
As at 1 July 2023 525,000
As at 30 June 2024 525,000
Net Book Value
As at 30 June 2024 525,000
As at 1 July 2023 525,000
Page 3
Page 4
Cost or valuation as at 30 June 2024 represented by:
Investment Properties
£
At cost 308,373
At valuation 216,627
525,000
The investment property was valued by the directors on an open market basis on 30 June 2024
5. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 2 2
Amount of Allotted, Called Up Share Capital 2 2
6. Reserves
Revaluation Reserve
£
As at 1 July 2023 175,468
As at 30 June 2024 175,468
Page 4