Registered number
13308278
Dizzy Dwellings Limited
Filleted Accounts
30 April 2025
Dizzy Dwellings Limited
Registered number: 13308278
Balance Sheet
as at 30 April 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 595,000 575,000
Current assets
Cash at bank and in hand 4,357 7,616
Creditors: amounts falling due within one year 4 (114,608) (127,394)
Net current liabilities (110,251) (119,778)
Total assets less current liabilities 484,749 455,222
Creditors: amounts falling due after more than one year 5 (425,780) (425,779)
Provisions for liabilities (9,904) (6,104)
Net assets 49,065 23,339
Capital and reserves
Called up share capital 12 12
Revaluation reserve 6 56,289 36,289
Profit and loss account (7,236) (12,962)
Shareholders' funds 49,065 23,339
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Michelle Ruth Landaw
Director
Approved by the board on 21 August 2025
Dizzy Dwellings Limited
Notes to the Accounts
for the year ended 30 April 2025
1 Accounting policies
Basis of preparation
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
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:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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.
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.
Provisions
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 2025 2024
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 May 2024 575,000
Additions 20,000
At 30 April 2025 595,000
Depreciation
At 30 April 2025 -
Net book value
At 30 April 2025 595,000
At 30 April 2024 575,000
4 Creditors: amounts falling due within one year 2025 2024
£ £
Directors Loan Accounts 113,918 125,671
Other creditors 690 1,723
114,608 127,394
5 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 425,780 425,779
6 Revaluation reserve 2025 2024
£ £
At 1 May 2024 36,289 36,289
Gain on revaluation of land and buildings 20,000 -
At 30 April 2025 56,289 36,289
7 Other information
Dizzy Dwellings Limited is a private company limited by shares and incorporated in England. Its registered office is:
First Floor, Units 3/4
Cranmrere Court, Lushleigh Close
Matford Business Park
Exeter, Devon
EX2 8PW
Dizzy Dwellings Limited 13308278 false 2024-05-01 2025-04-30 2025-04-30 VT Final Accounts July 2024 Michelle Ruth Landaw No description of principal activity 13308278 2023-05-01 2024-04-30 13308278 core:RevaluationReserve core:LandBuildings 2023-05-01 2024-04-30 13308278 core:WithinOneYear 2024-04-30 13308278 core:AfterOneYear 2024-04-30 13308278 core:ShareCapital 2024-04-30 13308278 core:OtherReservesSubtotal 2024-04-30 13308278 core:RetainedEarningsAccumulatedLosses 2024-04-30 13308278 core:RevaluationReserve 2023-04-30 13308278 2024-05-01 2025-04-30 13308278 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 13308278 bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 13308278 bus:Director40 2024-05-01 2025-04-30 13308278 2 2024-05-01 2025-04-30 13308278 core:LandBuildings 2024-05-01 2025-04-30 13308278 core:RevaluationReserve core:LandBuildings 2024-05-01 2025-04-30 13308278 countries:England 2024-05-01 2025-04-30 13308278 bus:FRS102 2024-05-01 2025-04-30 13308278 bus:FilletedAccounts 2024-05-01 2025-04-30 13308278 2025-04-30 13308278 core:WithinOneYear 2025-04-30 13308278 core:AfterOneYear 2025-04-30 13308278 core:ShareCapital 2025-04-30 13308278 core:OtherReservesSubtotal 2025-04-30 13308278 core:RetainedEarningsAccumulatedLosses 2025-04-30 13308278 core:LandBuildings 2025-04-30 13308278 core:RevaluationReserve 2025-04-30 13308278 2024-04-30 13308278 core:LandBuildings 2024-04-30 13308278 core:RevaluationReserve 2024-04-30 iso4217:GBP xbrli:pure