Company Registration No. 04913286 (England and Wales)
DAVE FISHLOCK PROPERTIES LIMITED
Unaudited accounts
for the year ended 30 September 2024
DAVE FISHLOCK PROPERTIES LIMITED
Statement of financial position
as at 30 September 2024
Tangible assets
40,396
28,880
Investment property
994,514
994,514
Inventories
401,601
1,009,051
Cash at bank and in hand
160,168
8,753
Creditors: amounts falling due within one year
(60,494)
(163,696)
Net current assets
505,600
862,482
Total assets less current liabilities
1,540,510
1,885,876
Creditors: amounts falling due after more than one year
(472,053)
(952,789)
Provisions for liabilities
Deferred tax
(29,690)
(29,690)
Net assets
1,038,767
903,397
Called up share capital
110
110
Profit and loss account
1,038,657
903,287
Shareholders' funds
1,038,767
903,397
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by
V King
Director
Company Registration No. 04913286
DAVE FISHLOCK PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 September 2024
DAVE FISHLOCK PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04913286.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Investment property is revalued and not depreciated
Plant & machinery
3-5 years straight line
DAVE FISHLOCK PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
At 30 September 2024
58,251
Charge for the year
11,317
At 30 September 2024
17,855
At 30 September 2024
40,396
At 30 September 2023
28,880
Fair value at 1 October 2023
994,514
At 30 September 2024
994,514
Properties have been valued on current use basis. Fair value for rented property is provided by the agents for the geographic area concerned. Property undergoing development is valued by the directors using actual costs and approximate completion costs and time together with current local fair values for equivalent property.
Amounts falling due within one year
Accrued income and prepayments
605
519
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
46,966
-
Other creditors
11,067
145,790
DAVE FISHLOCK PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 September 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
472,053
707,000
Allotted, called up and fully paid:
100 Ordinary A shares of £1 each
100
100
1,000 Ordinary B shares of £0.01 each
10
10
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).