Company Registration No. 00522748 (England and Wales)
Dino's Limited
Annual report and accounts
for the year ended 30 September 2024
Dino's Limited
Annual report and accounts
Contents
Dino's Limited
Company Information
for the year ended 30 September 2024
Directors
M Nelson
Mrs K Hall
S B Price
Company Number
00522748 (England and Wales)
Registered Office
47 BASSEIN PARK ROAD
LONDON
W12 9RW
Accountants
Kaushik Khiroya, AFA
LMK ACCOUNTING LTD
THE GATEHOUSE
GATEHOUSE WAY
AYLESBURY
HP19 8DB
Dino's Limited
Statement of financial position
as at 30 September 2024
Investment property
3,700,000
3,700,000
Cash at bank and in hand
221,144
245,225
Creditors: amounts falling due within one year
(83,437)
(97,312)
Net current assets
139,200
147,913
Total assets less current liabilities
3,839,200
3,847,913
Provisions for liabilities
Deferred tax
(257,339)
(257,339)
Net assets
3,581,861
3,590,574
Called up share capital
5,001
5,001
Revaluation reserve
3,425,699
3,425,699
Profit and loss account
151,161
159,874
Shareholders' funds
3,581,861
3,590,574
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 23 June 2025 and were signed on its behalf by
M Nelson
Director
Company Registration No. 00522748
Dino's Limited
Notes to the Accounts
for the year ended 30 September 2024
Dino's Limited is a private company, limited by shares, registered in England and Wales, registration number 00522748. The registered office is 47 BASSEIN PARK ROAD, LONDON, W12 9RW.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Improvements to property - 10% on cost
Revenue, described as turnover, represents rents receivable excluding Value Added Tax. Turnover is recognised
in accordance with the due dates under the terms of the lease agreement.
Investment properties are shown at their fair value as estimated by the directors. Any movements in fair value are
recognised in the income statement. Deferred tax is provided on any gains at the rate expected to apply when the
property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11.
Basic financial instruments, which include trade and other receivables and payables, cash and bank balances, are recognised at amortised cost.
Advanced financial instruments which include interest rate swaps and forward foreign exchange contracts, are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
Dino's Limited
Notes to the Accounts
for the year ended 30 September 2024
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
4
Tangible fixed assets
Plant & machinery
At 30 September 2024
166,564
At 30 September 2024
166,564
Fair value at 1 October 2023
3,700,000
At 30 September 2024
3,700,000
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
38,263
32,631
Deferred income
40,720
20,000
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Average number of employees
During the year the average number of employees was 3 (2023: 3).