2 2 All Davidson Limited 12435687 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is that of management consultancy, property rental and a holding company Digita Accounts Production Advanced 6.30.9574.0 true false true true 12435687 2023-08-01 2024-07-31 12435687 2024-07-31 12435687 core:CurrentFinancialInstruments 2024-07-31 12435687 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 12435687 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-31 12435687 core:OfficeEquipment 2024-07-31 12435687 bus:SmallEntities 2023-08-01 2024-07-31 12435687 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 12435687 bus:FilletedAccounts 2023-08-01 2024-07-31 12435687 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12435687 bus:RegisteredOffice 2023-08-01 2024-07-31 12435687 bus:Director1 2023-08-01 2024-07-31 12435687 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12435687 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 12435687 core:OfficeEquipment 2023-08-01 2024-07-31 12435687 core:Subsidiary1 2023-08-01 2024-07-31 12435687 core:Subsidiary1 1 2023-08-01 2024-07-31 12435687 core:Subsidiary1 countries:AllCountries 2023-08-01 2024-07-31 12435687 core:Subsidiary2 2023-08-01 2024-07-31 12435687 core:Subsidiary2 1 2023-08-01 2024-07-31 12435687 core:Subsidiary2 countries:AllCountries 2023-08-01 2024-07-31 12435687 countries:EnglandWales 2023-08-01 2024-07-31 12435687 2023-07-31 12435687 core:CostValuation 2023-07-31 12435687 core:LandBuildings core:OwnedOrFreeholdAssets 2023-07-31 12435687 core:OfficeEquipment 2023-07-31 12435687 2022-08-01 2023-07-31 12435687 2023-07-31 12435687 core:CurrentFinancialInstruments 2023-07-31 12435687 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 12435687 core:LandBuildings core:OwnedOrFreeholdAssets 2023-07-31 12435687 core:OfficeEquipment 2023-07-31 12435687 core:Subsidiary1 1 2022-08-01 2023-07-31 12435687 core:Subsidiary2 1 2022-08-01 2023-07-31 xbrli:pure iso4217:GBP

Registration number: 12435687

All Davidson Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2024

 

All Davidson Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 6

 

All Davidson Limited

(Registration number: 12435687)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

199,264

198,089

Investments

5

10

10

 

199,274

198,099

Current assets

 

Debtors

6

1,200

72,100

Cash at bank and in hand

 

991,048

544,176

 

992,248

616,276

Creditors: Amounts falling due within one year

7

(107,083)

(21,064)

Net current assets

 

885,165

595,212

Net assets

 

1,084,439

793,311

Capital and reserves

 

Called up share capital

800

800

Retained earnings

1,083,639

792,511

Shareholders' funds

 

1,084,439

793,311

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 April 2025 and signed on its behalf by:
 

C S Davidson
Director

 

All Davidson Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Jubbs Court Farm
Failand Lane
Failand
Bristol
BS8 3SS

These financial statements were authorised for issue by the Board on 20 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

All Davidson Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

All Davidson Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Tangible assets

Land and buildings
£

Office equipment
£

Total
£

Cost or valuation

At 1 August 2023

197,243

1,128

198,371

Additions

-

1,943

1,943

At 31 July 2024

197,243

3,071

200,314

Depreciation

At 1 August 2023

-

282

282

Charge for the year

-

768

768

At 31 July 2024

-

1,050

1,050

Carrying amount

At 31 July 2024

197,243

2,021

199,264

At 31 July 2023

197,243

846

198,089

Included within the net book value of land and buildings above is £197,243 (2023 - £197,243) in respect of freehold land and buildings.
 

 

All Davidson Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

5

Investments

2024
£

2023
£

Investments in subsidiaries

10

10

Subsidiaries

£

Cost or valuation

At 1 August 2023

10

Provision

Carrying amount

At 31 July 2024

10

At 31 July 2023

10

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

2023

Subsidiary undertakings

Craddy Pitchers Ltd

England & Wales

Ordinary A

0%

0%

Arc Bauen Limited

England & Wales

Ordinary A

25%

25%

6

Debtors

Current

Note

2024
£

2023
£

Trade debtors

 

1,200

12,100

Amounts owed by related parties

-

60,000

   

1,200

72,100

 

All Davidson Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

106,098

20,145

Accruals and deferred income

985

919

107,083

21,064