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REGISTERED NUMBER: 13879640 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

DOWMAN PROPERTY LTD

DOWMAN PROPERTY LTD (REGISTERED NUMBER: 13879640)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31ST JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DOWMAN PROPERTY LTD

COMPANY INFORMATION
for the Year Ended 31ST JANUARY 2025







DIRECTOR: C R Dowman





REGISTERED OFFICE: 283 Blackpool Old Road
Poulton Le Fylde
Lancashire
FY6 7QZ





REGISTERED NUMBER: 13879640 (England and Wales)





ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN

DOWMAN PROPERTY LTD (REGISTERED NUMBER: 13879640)

BALANCE SHEET
31ST JANUARY 2025

31/1/25 31/1/24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 403,406 403,406

CURRENT ASSETS
Debtors 5 251 214
Cash at bank 1,406 226
1,657 440
CREDITORS
Amounts falling due within one year 6 55,146 52,086
NET CURRENT LIABILITIES (53,489 ) (51,646 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

349,917

351,760

CREDITORS
Amounts falling due after more than one
year

7

360,000

360,000
NET LIABILITIES (10,083 ) (8,240 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (10,183 ) (8,340 )
(10,083 ) (8,240 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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.

DOWMAN PROPERTY LTD (REGISTERED NUMBER: 13879640)

BALANCE SHEET - continued
31ST JANUARY 2025


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 26th March 2025 and were signed by:





C R Dowman - Director


DOWMAN PROPERTY LTD (REGISTERED NUMBER: 13879640)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31ST JANUARY 2025

1. STATUTORY INFORMATION

Dowman Property Ltd 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.

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

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.

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.

Going concern
Despite loss in year and cumulative losses to date, the Director considers the company to be a going concern and had committed to provide financial support to company for a minimum period of twelve months.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

DOWMAN PROPERTY LTD (REGISTERED NUMBER: 13879640)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST JANUARY 2025

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st February 2024
and 31st January 2025 403,406
NET BOOK VALUE
At 31st January 2025 403,406
At 31st January 2024 403,406

Investment property has been valued by the director at the year end date and the fair value is considered to be currently equal to the original cost price.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/25 31/1/24
£    £   
Other debtors 251 214

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/25 31/1/24
£    £   
Other creditors 55,146 52,086

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/25 31/1/24
£    £   
Other creditors 360,000 360,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 360,000 360,000

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2025 and 31st January 2024:

31/1/25 31/1/24
£    £   
C R Dowman
Balance outstanding at start of year (51,456 ) -
Amounts repaid (3,000 ) (51,456 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (54,456 ) (51,456 )

DOWMAN PROPERTY LTD (REGISTERED NUMBER: 13879640)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31ST JANUARY 2025

9. RELATED PARTY DISCLOSURES

The company has received a loan from David J. Killen & Co. (Insurance Services) Limited, a company in which the director is also a director. Interest is being charged on the loan at the market rate. At the balance sheet date the amount owed was £360,000.

10. ULTIMATE CONTROLLING PARTY

The controlling party is C R Dowman.