Company Registration No. 13027540 (England and Wales)
Dovecote Antiques Ltd
Unaudited accounts
for the year ended 30 November 2024
Dovecote Antiques Ltd
Unaudited accounts
Contents
Dovecote Antiques Ltd
Company Information
for the year ended 30 November 2024
Director
Thomas William Smith
Company Number
13027540 (England and Wales)
Registered Office
71 Woodland Avenue
Wolverhampton
West Midlands
WV6 8ND
England
Accountants
Nellys Accountants Ltd
71 Woodland Avenue
Tettenhall Wood
Wolverhampton
West Midlands
WV6 8ND
Dovecote Antiques Ltd
Statement of financial position
as at 30 November 2024
Inventories
129,178
104,419
Cash at bank and in hand
680
10,774
Creditors: amounts falling due within one year
(42,627)
(45,200)
Net current assets
87,231
70,252
Called up share capital
100
100
Profit and loss account
87,339
70,430
Shareholders' funds
87,439
70,530
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 18 August 2025 and were signed on its behalf by
Thomas William Smith
Director
Company Registration No. 13027540
Dovecote Antiques Ltd
Notes to the Accounts
for the year ended 30 November 2024
Dovecote Antiques Ltd is a private company, limited by shares, registered in England and Wales, registration number 13027540. The registered office is 71 Woodland Avenue, Wolverhampton, West Midlands, WV6 8ND, England.
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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
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:
Fixtures & fittings
25% reducing balance
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
Dovecote Antiques Ltd
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,100
4,000
Other creditors
2,000
2,000
Loans from directors
35,443
36,415
Allotted, called up and fully paid:
95 Ordinary shares of £1 each
95
95
5 Ordinary A shares of £1 each
5
5
8
Transactions with related parties
Included in other creditors is an amount of £35,443 due to the director (2023 - £36,415).
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).