| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st March 2024 |
| for |
| Donnington Properties Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st March 2024 |
| for |
| Donnington Properties Limited |
| Donnington Properties Limited (Registered number: 09193264) |
| Contents of the Financial Statements |
| for the Year Ended 31st March 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Donnington Properties Limited |
| Company Information |
| for the Year Ended 31st March 2024 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Biz Hub Tees Valley |
| Belasis Hall Technology Park |
| Coxwold Way |
| Billingham |
| Co. Durham |
| TS23 4EA |
| Donnington Properties Limited (Registered number: 09193264) |
| Balance Sheet |
| 31st March 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| 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 were approved by the director and authorised for issue on |
| Donnington Properties Limited (Registered number: 09193264) |
| Notes to the Financial Statements |
| for the Year Ended 31st March 2024 |
| 1. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| INVESTMENTS IN SUBSIDIARIES |
| Investments in subsidiary undertakings are recognised at cost. |
| FINANCIAL INSTRUMENTS |
| The company only enters into basic financial instrument transaction that results in the recognition of financial assets and liabilities trade and other debtors and creditors, loans from banks and other third parties and loans to related parties. |
| Short term debtors are measured at transaction price,less any impairment.Short term creditors are measured at transaction price. |
| TAXATION |
| Tax on profit 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 the profit as reported in the profit and loss account 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 year. |
| Deferred tax is recognized on timing differences between the carrying amounts of assets and liabilities and the corresponding tax bases used to compute taxable profit. Deferred tax liabilities are generally recognized for all taxable timing differences. Deferred tax assets are generally recognized for temporary differences to the extent that it is probable that taxable profits will be available to utilize the timing difference. |
| Deferred tax liabilities and assets are measured at tax rates that are expected to apply in the period the |
| liability is settled or the asset realized. The measurement of deferred tax liabilities and assets reflects the tax consequences in which the company expects to recover or settle the underlying amount of |
| GOING CONCERN |
| The directors are not aware of any material uncertainty that may cast significant doubt over the ability of the company to continue trading. The preparation of the financial statements on the going concern basis is therefore deemed appropriate. |
| 2. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| Donnington Properties Limited (Registered number: 09193264) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st March 2024 |
| 3. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1st April 2023 |
| and 31st March 2024 |
| NET BOOK VALUE |
| At 31st March 2024 |
| At 31st March 2023 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other loans |
| Other creditors |
| Directors' current accounts | 212,499 | 212,499 |
| 6. | RELATED PARTY DISCLOSURES |
| The ultimate controlling parties are Mr & Mrs A C McCallum. |