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Registration number: 08699290

Dawyn Investments Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Dawyn Investments Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

Dawyn Investments Limited

Company Information

Directors

M A M Griffiths

P D L Griffiths

W P M Griffiths

Registered office

Hawerby Hall
Hawerby Cum Beesby
GRIMSBY
North East Lincolnshire
DN36 5PX

Solicitors

Bridge McFarland LLP
19 South St. Mary's Gate
Grimsby
North East Lincolnshire
DN31 1JE

Bankers

Cater Allen Private Bank
9 Nelson Street
Bradford
BD1 5AN

 

Dawyn Investments Limited

(Registration number: 08699290)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

4,131,164

3,625,546

Current assets

 

Debtors

5

85,328

147,341

Cash at bank and in hand

 

137,561

94,904

 

222,889

242,245

Creditors: Amounts falling due within one year

6

(2,443,300)

(2,518,000)

Net current liabilities

 

(2,220,411)

(2,275,755)

Total assets less current liabilities

 

1,910,753

1,349,791

Provisions for liabilities

110,715

-

Net assets

 

2,021,468

1,349,791

Capital and reserves

 

Called up share capital

1,000

1,000

Fair value reserve

582,541

11,129

Profit and loss account

1,437,927

1,337,662

Total equity

 

2,021,468

1,349,791

For the financial 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.

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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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.

 

Dawyn Investments Limited

(Registration number: 08699290)
Balance Sheet as at 30 September 2024

Approved and authorised by the Board on 7 April 2025 and signed on its behalf by:
 

.........................................
P D L Griffiths
Director

.........................................
W P M Griffiths
Director

 

Dawyn Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

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

The address of its registered office is:
Hawerby Hall
Hawerby Cum Beesby
GRIMSBY
North East Lincolnshire
DN36 5PX

These financial statements were authorised for issue by the Board on 7 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.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Tax

The tax expense for the period comprises deferred 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.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous accounting periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued investments is measured using the rates and allowances that apply to the sale of the asset.
 

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.

 

Dawyn Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

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.

3

Staff numbers

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

4

Investments

Investments at fair value through profit and loss
£

Cost or valuation

At 1 October 2023

3,625,546

Additions

280,313

Fair value adjustments

461,034

Disposals

(235,729)

At 30 September 2024

4,131,164

Carrying amount

At 30 September 2024

4,131,164

At 30 September 2023

3,625,546

The fair value of the investments has been determined by using the market value provided by the stockbroker at the year end.

The change in value included in the profit and loss account is a gain of £461,034 (2023: gain of £133,020).
 

5

Debtors

2024
£

2023
£

Other debtors

85,328

147,341

85,328

147,341

 

Dawyn Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Shareholders' loan accounts

2,440,000

2,480,000

Directors' loans

-

35,000

Accruals and deferred income

3,300

3,000

2,443,300

2,518,000

7

Loans and borrowings

2024
£

2023
£

Current loans and borrowings

Shareholders' loan accounts

2,440,000

2,480,000

Directors' loans

-

35,000

2,440,000

2,515,000

8

Related party transactions

Transactions with Directors

2024

At 1 October 2023
£

Advances to Director
£

At 30 September 2024
£

WPM & PDL Griffiths

-

35,328

35,328

 

Interest has been charged on the above overdrawn directors' loan account at a rate of 2.25%.

Other related parties
Shareholders with participating interest

Summary of transactions with other related parties

At the balance sheet date, the amount due to the shareholders in respect of loans was £2,440,000 (2023 - £2,480,000).

No interest has been charged in respect of this balance.