Karen Davison Developments Limited 31/12/2024 iXBRL

Company registration number: 11413206

Karen Davison Developments Limited

Pages for filing with Registrar

31 December 2024

Karen Davison Developments Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Karen Davison Developments Limited

Directors and other information


	Directors	K Davison
		G K Davison


	Company number	11413206


	Registered office	The Grainger Suite
		Dobson House, Regent Centre
		Gosforth
		Newcastle upon Tyne
		NE3 3PF


	Business address	The Grainger Suite
		Dobson House, Regent Centre
		Gosforth
		Newcastle upon Tyne
		NE3 3PF


	Accountants	Stephenson Coates Limited
		West 2, Asama Court
		Newcastle Business Park
		Newcastle upon Tyne
		NE4 7YD

Karen Davison Developments Limited

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Current assets
Debtors	5	178,975		129,010
Cash at bank and in hand		5,496		55,496
		_______		_______
		184,471		184,506
Creditors: amounts falling due
within one year	6	( 185,329)		( 185,184)
		_______		_______
Net current liabilities			( 858)		( 678)
			_______		_______
Total assets less current liabilities			( 858)		( 678)

			_______		_______
Net liabilities			( 858)		( 678)
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			( 958)		( 778)
			_______		_______
Shareholders deficit			( 858)		( 678)
			_______		_______

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors responsibilities:

- 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 directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 September 2025 , and are signed on behalf of the board by:

G K Davison

Director

Company registration number: 11413206

Karen Davison Developments Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Grainger Suite, Dobson House, Regent Centre, Gosforth, Newcastle upon Tyne, NE3 3PF.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income statement policy

The company is dormant as defined by section 1169 of the Companies Act 2006. The company incurred no significant transactions during the current year or prior year.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).

5. Debtors

	2024	2023
	£	£
Other debtors	178,975	129,010
	_______	_______

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Other creditors	185,329	185,184
	_______	_______

7. Directors advances, credits and guarantees

	Balance brought forward and o/standing	Balance brought forward and o/standing
	2024	2023
	£	£
K Davison	50	50
G K Davison	50	50
	_______	_______
	100	100
	_______	_______

The above loans are interest free and repayable on demand.

8. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2024	2023	2024	2023
	£	£	£	£
Davison Contracts Limited	49,965	29,400	178,875	128,910
Tara Davison Developments Limited	-	( 85,000)	( 185,010)	( 185,010)
	_______	_______	_______	_______

Significant company shareholders are also shareholders of Davison Contracts Limited and Tara Davison Developments Limited.All of the above balances are interest free and repayable on demand.