Company registration number 12985981 (England and Wales)
WILLIAM DUNHILL ESTATES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
WILLIAM DUNHILL ESTATES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
WILLIAM DUNHILL ESTATES LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
323
485
Investment property
4
3,103,637
2,425,000
Investments
5
160
160
3,104,120
2,425,645
Current assets
Debtors
6
132,517
120,850
Cash at bank and in hand
27,737
314,188
160,254
435,038
Creditors: amounts falling due within one year
7
(1,395,931)
(1,108,325)
Net current liabilities
(1,235,677)
(673,287)
Total assets less current liabilities
1,868,443
1,752,358
Provisions for liabilities
(83,892)
(83,892)
Net assets
1,784,551
1,668,466
Capital and reserves
Called up share capital
1
1
Share premium account
159
159
Revaluation reserve
8
251,676
251,676
Profit and loss reserves
1,532,715
1,416,630
Total equity
1,784,551
1,668,466
WILLIAM DUNHILL ESTATES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2024
30 September 2024
- 2 -

For the financial Year ended 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 of its financial statements for the Year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 11 July 2025
..............................................
Mr S Thakar
Director
Company registration number 12985981 (England and Wales)
WILLIAM DUNHILL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
1
Accounting policies
1.1
Reporting period

William Dunhill Estates Limited is a private company limited by shares and incorporated in England. Its registered office is: 128a Malvern Avenue, Harrow, London, Middlesex HA2 9EY.

 

1.2
Accounting convention

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

 

1.3
Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

1.4
Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses.

Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

 

Plant and equipment
over 5 years
1.5
Investment property

Investment property is included at fair value. Gains are recognised in the Income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

 

1.6
Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

1.7

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

1.8

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

 

WILLIAM DUNHILL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 4 -
1.9

Provision

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

 

2
Employees

The average monthly number of persons (including directors) employed by the company during the Year was:

2024
2023
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023 and 30 September 2024
809
Depreciation and impairment
At 1 October 2023
324
Depreciation charged in the Year
162
At 30 September 2024
486
Carrying amount
At 30 September 2024
323
At 30 September 2023
485
4
Investment property
2024
£
Fair value
At 1 October 2023
2,425,000
Additions
678,637
At 30 September 2024
3,103,637

The directors are in the opinion that the fair value of the investment properties has remained the same as last year. This opinion was ascertained based on similar properties in the locality and reviews conducted on an open market valuation of a freehold basis.

WILLIAM DUNHILL ESTATES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 5 -
5
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
160
160
6
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
-
0
850
Other debtors
132,517
120,000
132,517
120,850
7
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
12,500
18,246
Amounts owed to group undertakings
639,995
569,995
Corporation tax
35,572
53,330
Other creditors
707,864
466,754
1,395,931
1,108,325
8
Revaluation reserve
2024
2023
£
£
At the beginning and end of the Year
251,676
251,676
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