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REGISTERED NUMBER: 07999507 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 June 2024

for

DONOVAN ESTATES LIMITED

DONOVAN ESTATES LIMITED (REGISTERED NUMBER: 07999507)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DONOVAN ESTATES LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: S D Donovan
Mrs M C Donovan





REGISTERED OFFICE: The Old Workshop
1 Ecclesall Road South
Sheffield
S11 9PA





REGISTERED NUMBER: 07999507 (England and Wales)





ACCOUNTANTS: Brown McLeod Limited
Chartered Accountants
The Old Workshop
1 Ecclesall Road South
Sheffield
South Yorkshire
S11 9PA

DONOVAN ESTATES LIMITED (REGISTERED NUMBER: 07999507)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,253 12,253
Investments 5 3,520,289 3,520,289
3,532,542 3,532,542

CREDITORS
Amounts falling due within one year 6 2,361 30,361
NET CURRENT LIABILITIES (2,361 ) (30,361 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,530,181

3,502,181

CAPITAL AND RESERVES
Called up share capital 3,500,000 3,500,000
Retained earnings 30,181 2,181
SHAREHOLDERS' FUNDS 3,530,181 3,502,181

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 15 March 2025 and were signed on its behalf by:




S D Donovan - Director


DONOVAN ESTATES LIMITED (REGISTERED NUMBER: 07999507)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Donovan Estates 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 10% on reducing balance

Investments in subsidiaries and associates
Investments in subsidiary and 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 NIL (2023 - NIL).

DONOVAN ESTATES LIMITED (REGISTERED NUMBER: 07999507)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 15,127
DEPRECIATION
At 1 July 2023
and 30 June 2024 2,874
NET BOOK VALUE
At 30 June 2024 12,253
At 30 June 2023 12,253

5. FIXED ASSET INVESTMENTS
Shares in Interest
group in
undertakings associate Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 3,520,288 1 3,520,289
NET BOOK VALUE
At 30 June 2024 3,520,288 1 3,520,289
At 30 June 2023 3,520,288 1 3,520,289

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Subsidiaries

Symon Donovan Properties Ltd
Registered office: 117 St Mary's Road, Sheffield, S2 4BE
Nature of business: Property rental
%
Class of shares: holding
Ordinary A 100.00
Ordinary B 100.00
30.6.24 30.6.23
£    £   
Aggregate capital and reserves 7,068,824 7,111,858
Profit for the year 136,966 9,707

DONOVAN ESTATES LIMITED (REGISTERED NUMBER: 07999507)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. FIXED ASSET INVESTMENTS - continued

Donovan Property Investments Ltd
Registered office: 117 St Mary's Road, Sheffield, S2 4BE
Nature of business: Property development
%
Class of shares: holding
Ordinary 100.00
30.6.24 30.6.23
£    £   
Aggregate capital and reserves (132,443 ) (124,535 )
Loss for the year (7,908 ) (6,249 )

Associated company

Rooms2Live Ltd
Registered office: The Old Workshop, 1 Ecclesall Road South, Sheffield, S11 9PA
Nature of business: Property management
%
Class of shares: holding
Ordinary 50.00
30.6.24 30.6.23
£    £   
Aggregate capital and reserves (960 ) (295 )
(Loss)/profit for the year (665 ) 48

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 2,361 30,361

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S D Donovan and Mrs M C Donovan.