IRIS Accounts Production v25.1.0.734 01924875 Board of Directors Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh019248752023-08-31019248752024-08-31019248752023-09-012024-08-31019248752022-08-31019248752022-09-012023-08-31019248752023-08-3101924875ns15:EnglandWales2023-09-012024-08-3101924875ns14:PoundSterling2023-09-012024-08-3101924875ns10:Director12023-09-012024-08-3101924875ns10:Director22023-09-012024-08-3101924875ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3101924875ns10:SmallEntities2023-09-012024-08-3101924875ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3101924875ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3101924875ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3101924875ns10:FullAccounts2023-09-012024-08-3101924875ns10:OrdinaryShareClass12023-09-012024-08-3101924875ns10:CompanySecretary12023-09-012024-08-3101924875ns10:RegisteredOffice2023-09-012024-08-3101924875ns5:CurrentFinancialInstruments2024-08-3101924875ns5:CurrentFinancialInstruments2023-08-3101924875ns5:ShareCapital2024-08-3101924875ns5:ShareCapital2023-08-3101924875ns5:RevaluationReserve2024-08-3101924875ns5:RevaluationReserve2023-08-3101924875ns5:RetainedEarningsAccumulatedLosses2024-08-3101924875ns5:RetainedEarningsAccumulatedLosses2023-08-3101924875ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3101924875ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3101924875ns10:OrdinaryShareClass12024-08-3101924875ns5:RevaluationReserve2023-08-3101924875ns10:Director222023-08-3101924875ns10:Director222022-08-3101924875ns10:Director222023-09-012024-08-3101924875ns10:Director222022-09-012023-08-3101924875ns10:Director222024-08-3101924875ns10:Director222023-08-31
REGISTERED NUMBER: 01924875 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

DODFORD PROPERTIES LIMITED

DODFORD PROPERTIES LIMITED (REGISTERED NUMBER: 01924875)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


DODFORD PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: D Lane
A Nutter



SECRETARY: A Nutter



REGISTERED OFFICE: Eagle House
28 Billing Road
Northampton
Northamptonshire
NN1 5AJ



REGISTERED NUMBER: 01924875 (England and Wales)



ACCOUNTANTS: Shaw Gibbs Limited
Eagle House
28 Billing Road
Northampton
NN1 5AJ



BANKERS: HSBC Bank Plc
22 Abington Street
Northampton
NN1 2AN

DODFORD PROPERTIES LIMITED (REGISTERED NUMBER: 01924875)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 236,500 236,500

CURRENT ASSETS
Debtors 5 958 958

CREDITORS
Amounts falling due within one year 6 24,098 25,814
NET CURRENT LIABILITIES (23,140 ) (24,856 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

213,360

211,644

CAPITAL AND RESERVES
Called up share capital 7 5,000 5,000
Revaluation reserve 8 133,280 133,280
Retained earnings 75,080 73,364
SHAREHOLDERS' FUNDS 213,360 211,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

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

DODFORD PROPERTIES LIMITED (REGISTERED NUMBER: 01924875)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2024


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 22 May 2025 and were signed on its behalf by:




A Nutter - Director



D Lane - Director


DODFORD PROPERTIES LIMITED (REGISTERED NUMBER: 01924875)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

Dodford Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Significant judgements and estimates
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies below.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

DODFORD PROPERTIES LIMITED (REGISTERED NUMBER: 01924875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 236,500
NET BOOK VALUE
At 31 August 2024 236,500
At 31 August 2023 236,500

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2015 46,780
Valuation in 2016 25,000
Valuation in 2021 61,500
Cost 103,220
236,500

DODFORD PROPERTIES LIMITED (REGISTERED NUMBER: 01924875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


4. INVESTMENT PROPERTY - continued

If Investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 224,237 224,237
Aggregate depreciation (133,744 ) (133,744 )

Investment property was valued on an open market basis on 31 August 2021 by Underwoods .

Having considered the current market the directors believe that this value remains appropriate as at 31 August 2024.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts 719 719
Tax 239 239
958 958

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 4,449 4,589
Other creditors 18,293 20,165
Accruals and deferred income 1,356 1,060
24,098 25,814

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
5,000 Ordinary £1 5,000 5,000

8. RESERVES
Revaluation
reserve
£   
At 1 September 2023
and 31 August 2024 133,280

DODFORD PROPERTIES LIMITED (REGISTERED NUMBER: 01924875)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


9. TRANSACTIONS WITH DIRECTORS

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
D Lane
Balance outstanding at start of year 719 719
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 719 719

Interest was not charged on the loan.