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REGISTERED NUMBER: 07817957 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Old Dover Textiles Limited

Old Dover Textiles Limited (Registered number: 07817957)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Old Dover Textiles Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr Andrew Alexandros Xeni



REGISTERED OFFICE: 36 Mortimer Street
London
W1W 7RG



REGISTERED NUMBER: 07817957 (England and Wales)



ACCOUNTANTS: Chris Pantazis Ltd T/A CPS & Co
Chartered Accountants
10A Aldermans Hill
Palmers Green
London
N13 4PJ



BANKERS: HSBC Plc
City of London Branch
London
EC4N 4TR

Old Dover Textiles Limited (Registered number: 07817957)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,000,000 1,000,000

CURRENT ASSETS
Debtors 5 4,089 184,035
Cash at bank and in hand 19,571 11,546
23,660 195,581
CREDITORS
Amounts falling due within one year 6 267,085 631,147
NET CURRENT LIABILITIES (243,425 ) (435,566 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

756,575

564,434

CREDITORS
Amounts falling due after more than one year 7 15,166 25,185
NET ASSETS 741,409 539,249

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 741,408 539,248
SHAREHOLDERS' FUNDS 741,409 539,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14 February 2025 and were signed by:



Mr Andrew Alexandros Xeni - Director


Old Dover Textiles Limited (Registered number: 07817957)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Old Dover Textiles 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in associates
Investments in associate undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Old Dover Textiles Limited (Registered number: 07817957)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 November 2022
and 31 October 2023 1,000,000
NET BOOK VALUE
At 31 October 2023 1,000,000
At 31 October 2022 1,000,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 131 159,035
Other debtors - 25,000
VAT 3,958 -
4,089 184,035

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts (see note 8) 10,648 10,648
Trade creditors 16,524 435,131
Tax 151,800 96,779
VAT - 84,589
Other creditors 14,113 -
Accrued expenses 74,000 4,000
267,085 631,147

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans (see note 8) 15,166 25,185

8. LOANS

An analysis of the maturity of loans is given below:

31.10.23 31.10.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,648 10,648

Amounts falling due between two and five years:
Bank loans - 2-5 years 15,166 25,185

Old Dover Textiles Limited (Registered number: 07817957)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
1 Ordinary £1.00 1 1

10. RESERVES
Retained
earnings
£   

At 1 November 2022 539,248
Profit for the year 202,160
At 31 October 2023 741,408