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Dovey Premier Products Limited

Registered Number
13007991
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2024

Dovey Premier Products Limited
Company Information
for the year from 1 December 2023 to 30 November 2024

Director

Jeremy David Dovey

Registered Address

St Denys House 22 East Hill
St Austell
Cornwall
PL25 4TR

Registered Number

13007991 (England and Wales)
Dovey Premier Products Limited
Balance Sheet as at
30 November 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets33,3003,850
Tangible assets4164205
3,4644,055
Current assets
Debtors53,7492,167
Cash at bank and on hand9,02010,609
12,76912,776
Creditors amounts falling due within one year6(6,533)(6,160)
Net current assets (liabilities)6,2366,616
Total assets less current liabilities9,70010,671
Net assets9,70010,671
Capital and reserves
Called up share capital22
Profit and loss account9,69810,669
Shareholders' funds9,70010,671
The financial statements were approved and authorised for issue by the Director on 20 June 2025, and are signed on its behalf by:
Jeremy David Dovey
Director
Registered Company No. 13007991
Dovey Premier Products Limited
Notes to the Financial Statements
for the year ended 30 November 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
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.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
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.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment20
2.Average number of employees

20242023
Average number of employees during the year00
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 December 235,5005,500
At 30 November 245,5005,500
Amortisation and impairment
At 01 December 231,6501,650
Charge for year550550
At 30 November 242,2002,200
Net book value
At 30 November 243,3003,300
At 30 November 233,8503,850
4.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 December 23400400
At 30 November 24400400
Depreciation and impairment
At 01 December 23195195
Charge for year4141
At 30 November 24236236
Net book value
At 30 November 24164164
At 30 November 23205205
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables3,4631,821
Other debtors-187
Prepayments and accrued income286159
Total3,7492,167
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.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables21367
Taxation and social security489635
Other creditors4,9084,152
Accrued liabilities and deferred income1,1151,006
Total6,5336,160
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.
7.Directors advances, credits and guarantees
At the balance sheet date and included in other creditors is an amount of £4,907 (2023: £4,152) owed by the company to the director.