Registration number:
Dawyn Investments Limited
for the Year Ended 30 September 2024
Dawyn Investments Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Dawyn Investments Limited
Company Information
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Directors |
M A M Griffiths P D L Griffiths W P M Griffiths |
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Registered office |
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Solicitors |
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Bankers |
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Dawyn Investments Limited
(Registration number: 08699290)
Balance Sheet as at 30 September 2024
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2024 |
2023 |
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Fixed assets |
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Investments |
4,131,164 |
3,625,546 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Provisions for liabilities |
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- |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Fair value reserve |
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Profit and loss account |
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Total equity |
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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:
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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
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Dawyn Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
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General information |
The Company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
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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.
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Staff numbers |
The average number of persons employed by the Company (including Directors) during the year, was
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Investments |
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Investments at fair value through profit and loss |
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Cost or valuation |
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At 1 October 2023 |
3,625,546 |
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Additions |
280,313 |
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Fair value adjustments |
461,034 |
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Disposals |
(235,729) |
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At 30 September 2024 |
4,131,164 |
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Carrying amount |
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At 30 September 2024 |
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At 30 September 2023 |
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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).
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Debtors |
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2024 |
2023 |
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Other debtors |
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Dawyn Investments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024
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Creditors |
Creditors: amounts falling due within one year
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2024 |
2023 |
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Due within one year |
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Shareholders' loan accounts |
2,440,000 |
2,480,000 |
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Directors' loans |
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Accruals and deferred income |
3,300 |
3,000 |
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Loans and borrowings |
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2024 |
2023 |
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Current loans and borrowings |
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Shareholders' loan accounts |
2,440,000 |
2,480,000 |
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Directors' loans |
- |
35,000 |
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Related party transactions |
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Transactions with Directors |
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2024 |
At 1 October 2023 |
Advances to Director |
At 30 September 2024 |
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WPM & PDL Griffiths |
- |
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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
No interest has been charged in respect of this balance.