DOLE BELFAST LIMITED

Company Registration Number:
NI003151 (Northern Ireland)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

DOLE BELFAST LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

DOLE BELFAST LIMITED

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

Fruit and Veg



Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

Francis McKernan

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 September 2025

And signed on behalf of the board by:
Name: Francis McKernan
Status: Director

DOLE BELFAST LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 27,010,677 27,404,763
Cost of sales: ( 22,343,067 ) ( 23,046,738 )
Gross profit(or loss): 4,667,610 4,358,025
Distribution costs: ( 4,174,212 ) ( 3,746,760 )
Other operating income: 0 1,000,000
Operating profit(or loss): 493,398 1,611,265
Interest payable and similar charges: ( 12,014 ) ( 16,668 )
Profit(or loss) before tax: 481,384 1,594,597
Tax: ( 103,576 ) ( 138,335 )
Profit(or loss) for the financial year: 377,808 1,456,262

DOLE BELFAST LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Fixed assets
Intangible assets: 3 83,992 90,559
Tangible assets: 4 5,595,030 5,602,584
Investments: 5 5,726,302 5,856,289
Total fixed assets: 11,405,324 11,549,432
Current assets
Stocks: 6 251,450 255,526
Debtors: 7 2,323,422 3,373,945
Cash at bank and in hand: 5,072,748 3,526,683
Total current assets: 7,647,620 7,156,154
Creditors: amounts falling due within one year: 8 ( 3,962,452 ) ( 3,971,261 )
Net current assets (liabilities): 3,685,168 3,184,893
Total assets less current liabilities: 15,090,492 14,734,325
Creditors: amounts falling due after more than one year: 9 ( 179,006 ) ( 184,207 )
Accruals and deferred income: ( 39,493 ) ( 55,933 )
Total net assets (liabilities): 14,871,993 14,494,185
Capital and reserves
Called up share capital: 500,027 500,027
Share premium account: 2,774,975 2,774,975
Other reserves: 75,000 75,000
Profit and loss account: 11,521,991 11,144,183
Total Shareholders' funds: 14,871,993 14,494,185

The notes form part of these financial statements

DOLE BELFAST LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 29 September 2025
and signed on behalf of the board by:

Name: Francis McKernan
Status: Director

The notes form part of these financial statements

DOLE BELFAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Tangible fixed assets are carried at cost or valuation less depreciation or provisions for any permanent diminution in value. Depreciation is provided so as to write off the cost or valuation, of tangible fixed assets, less their estimated residual values, on a straight-line basis over the expected useful economic life of the asset concerned.

    Intangible fixed assets amortisation policy

    Amortisation is charged to the profit and loss account over the estimated useful lives of the of intangible assets. Intangible assets are amortised from the date they are available for use. The estimated useful lives are as follows: Customers lists - 6 years

    Valuation information and policy

    The last independent valuation of the investment property was carried out in December 2024, by McKibbin Commercial Property Consultants, a firm of independent Chartered Surveyors. The directors have considered the valuation and are satisfied that £2,640k reflects the fair value of the property.

DOLE BELFAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 43 43

DOLE BELFAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2024 77,973 942,835 1,020,808
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 77,973 942,835 1,020,808
Amortisation
At 1 January 2024 0 930,249 930,249
Charge for year 6,567 6,567
On disposals
Other adjustments
At 31 December 2024 0 936,816 936,816
Net book value
At 31 December 2024 77,973 6,019 83,992
At 31 December 2023 77,973 12,586 90,559

DOLE BELFAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 6,536,038 1,056,023 496,525 8,088,586
Additions 157,110 157,110
Disposals
Revaluations
Transfers
At 31 December 2024 6,536,038 1,213,133 496,525 8,245,696
Depreciation
At 1 January 2024 1,298,472 1,012,015 175,515 2,486,002
Charge for year 87,908 17,657 59,099 164,664
On disposals
Other adjustments
At 31 December 2024 1,386,380 1,029,672 234,614 2,650,666
Net book value
At 31 December 2024 5,149,658 183,461 261,911 5,595,030
At 31 December 2023 5,237,566 44,008 321,010 5,602,584

DOLE BELFAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Fixed assets investments note

Tangible fixed assets are carried at cost or valuation less depreciation or provisions for any permanent diminution in value. Depreciation is provided so as to write off the cost or valuation, of tangible fixed assets, less their estimated residual values, on a straight-line basis over the expected useful economic life of the asset concerned.

DOLE BELFAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Stocks

2024 2023
£ £
Stocks 218,759 233,204
Payments on account 32,691 22,322
Total 251,450 255,526

DOLE BELFAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Debtors

2024 2023
£ £
Trade debtors 1,868,035 1,922,403
Prepayments and accrued income 25,780 6,492
Other debtors 429,607 1,445,050
Total 2,323,422 3,373,945
Debtors due after more than one year: 0 0

DOLE BELFAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 3,962,452 3,971,261
Total 3,962,452 3,971,261

DOLE BELFAST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

9. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 179,006 184,207
Total 179,006 184,207