1 June 2024 false No description of principal activity Taxfiler 2024.6 12621440 business:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 12621440 2024-05-31 12621440 2024-06-01 2025-05-31 12621440 business:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 12621440 business:FilletedAccounts 2024-06-01 2025-05-31 12621440 2025-05-31 12621440 2024-05-31 12621440 core:WithinOneYear 2025-05-31 12621440 core:WithinOneYear 2024-05-31 12621440 core:AfterOneYear 2025-05-31 12621440 core:AfterOneYear 2024-05-31 12621440 core:ShareCapital core:PreviouslyStatedAmount 2025-05-31 12621440 core:ShareCapital core:PreviouslyStatedAmount 2024-05-31 12621440 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 12621440 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-05-31 12621440 core:PreviouslyStatedAmount 2025-05-31 12621440 core:PreviouslyStatedAmount 2024-05-31 12621440 business:SmallEntities 2024-06-01 2025-05-31 12621440 business:Director1 2024-06-01 2025-05-31 12621440 countries:EnglandWales 2024-06-01 2025-05-31 12621440 business:RegisteredOffice 2024-06-01 2025-05-31 12621440 core:PlantMachinery 2024-06-01 2025-05-31 12621440 core:PlantMachinery 2024-05-31 12621440 core:PlantMachinery 2025-05-31 12621440 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12621440 (England and Wales)
Dolan Property Investments Ltd Unaudited accounts for the year ended 31 May 2025
Dolan Property Investments Ltd Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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Dolan Property Investments Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,566
-
Investment property
5
678,200
348,608
679,766
348,608
Current assets
Cash at bank and in hand
6,613
4,050
Creditors: amounts falling due within one year
6
(6,528)
(11,275)
Net current assets/(liabilities)
85
(7,225)
Total assets less current liabilities
679,851
341,383
Creditors: amounts falling due after more than one year
7
(659,562)
(346,875)
Provisions for liabilities
Deferred tax
(13,350)
(6,246)
Net assets/(liabilities)
6,939
(11,738)
Capital and reserves
Called up share capital
2
1
Profit and loss account
6,937
(11,739)
Shareholders' funds
6,939
(11,738)
For the year ending 31 May 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2025 and were signed on its behalf by
Dr Ciaran Dolan Director Company Registration No. 12621440
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Dolan Property Investments Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Dolan Property Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 12621440. The registered office is 124 City Road, London, EC1V 2NX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
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Dolan Property Investments Ltd Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 June 2024
-
Additions
1,599
At 31 May 2025
1,599
Depreciation
Charge for the year
33
At 31 May 2025
33
Net book value
At 31 May 2025
1,566
5
Investment property
2025
£
Fair value at 1 June 2024
348,608
Additions
292,200
Net gain from fair value adjustments
37,392
At 31 May 2025
678,200
Fair Value of Investment Property has been determined by the Director based on comparable market information available.
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
6,528
11,275
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
439,362
226,875
Other creditors
220,200
120,000
659,562
346,875
8
Average number of employees
During the year the average number of employees was 2 (2024: 1).
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