REGISTERED NUMBER: 01816288 (England and Wales)

ANTHONY DAWSON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

8

DIRECTORS:

R Dawson

J Dawson

A Dawson

SECRETARY:

Mrs M A Dawson

REGISTERED OFFICE:

Manor Farm

Heath Road

Coleby

Lincolnshire

LN5 0AR

REGISTERED NUMBER:

01816288 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Tangible assets

4

4,793,638

4,890,145

Investments

5

74,581

74,581

Investment property

6

4,642,046

870,000

9,510,265

5,834,726

CURRENT ASSETS

Debtors

7

1,297,374

1,604,356

Cash at bank

1,525,428

3,120,531

2,822,802

4,724,887

CREDITORS

Amounts falling due within one year

8

1,220,548

498,696

NET CURRENT ASSETS

1,602,254

4,226,191

TOTAL ASSETS LESS CURRENT LIABILITIES

11,112,519

10,060,917

CREDITORS

Amounts falling due after more than one year

9

(91,570

)

(81,789

)

PROVISIONS FOR LIABILITIES

(475,524

)

(480,929

)

NET ASSETS

10,545,425

9,498,199

CAPITAL AND RESERVES

Called up share capital

12

100

100

Fair value reserve

570,120

580,149

Retained earnings

9,975,205

8,917,950

SHAREHOLDERS' FUNDS

10,545,425

9,498,199

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

R Dawson - Director

1.	STATUTORY INFORMATION

Anthony Dawson Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover and other income

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from the recharge of property repairs and the generation of heat from biomass is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the recharge of property repairs and the generation of heat from biomass.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Interest and dividends receivable

Interest income is recognised using the effective interest method and dividend income is recognised as the company’s right to receive payment is established.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost and not provided

Plant and machinery etc

-

25% on reducing balance, 10% on cost and 2% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Government grants

Government grants

The company receives government grants in respect of Renewable Heat Incentive. These grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received using the accrual model.

Investment properties

Investment properties are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Leasing commitments

Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

The company owns investment properties for rental income. Rental income from operating leases is recognised on a straight line basis over the term of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

Fair value reserve

The aggregate surplus on re-measurement of investment properties, net of associated deferred tax, is transferred to a separate non-distributable fair value reserve in order to assist with the identification of profits available for distribution.

Rental income

Rental income is recognised in the income statement on a straight-line basis over the term of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

4,146,650

6,525,313

10,671,963

Additions

-

100,656

100,656

At 31 March 2025

4,146,650

6,625,969

10,772,619

DEPRECIATION

At 1 April 2024

1,559,200

4,222,618

5,781,818

Charge for year

50,139

147,024

197,163

At 31 March 2025

1,609,339

4,369,642

5,978,981

NET BOOK VALUE

At 31 March 2025

2,537,311

2,256,327

4,793,638

At 31 March 2024

2,587,450

2,302,695

4,890,145

Included in cost or valuation of land and buildings is freehold land of £ 239,511 (2024 - £ 239,511 ) which is not depreciated.

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2014

752,789

-

752,789

Cost

3,393,861

6,625,969

10,019,830

4,146,650

6,625,969

10,772,619

If freehold property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

3,393,861

3,393,861

Aggregate depreciation

1,572,387

1,509,300

In the directors opinion, the market value of freehold land and buildings has not changed significantly, since the last formal valuation.

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

74,581

NET BOOK VALUE

At 31 March 2025

74,581

At 31 March 2024

74,581

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

870,000

Additions

3,772,046

At 31 March 2025

4,642,046

NET BOOK VALUE

At 31 March 2025

4,642,046

At 31 March 2024

870,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2013

33,698

Valuation in 2014

80,000

Valuation in 2020

14,093

Valuation in 2024

(77,475

)

Cost

4,591,730

4,642,046

The investment properties have been valued to open market value by the director. No professional valuation has been obtained.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

79,793

212,702

Amounts owed by group undertakings

1,105,297

1,205,297

Other debtors

112,284

186,357

1,297,374

1,604,356

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

742,651

-

Hire purchase contracts (see note 10)

1,992

13,519

Trade creditors

31,160

24,113

Taxation and social security

308,693

335,547

Other creditors

136,052

125,517

1,220,548

498,696

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts (see note 10)

91,570

81,789

10.	LEASING AGREEMENTS

There are minimum lease payments under non-cancellable operating leases due totalling £240,000 (2024: £480,000).

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

742,651

-

National Westminster Bank PLC holds a fixed charge over the land lying to the south of Crook Mill Road, North Killingholme.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

32

Ordinary

£1

32

32

50

A Ordinary

£1

50

50

18

B Ordinary

£1

18

18

100

100