REGISTERED NUMBER: 03036808 (England and Wales)

Dove House Trading Limited

Financial Statements for the Year Ended 31st March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr C J Sadler

Mrs S A Cash

Mrs K A Farquhar

Mrs K M Martine

Mrs L M Sadler

Mr P H Daniels

Mrs J Rowan

SECRETARY:

Mr C J Sadler

REGISTERED OFFICE:

Chamberlain Road

Hull

East Yorkshire

HU8 8DH

REGISTERED NUMBER:

03036808 (England and Wales)

AUDITORS:

Smailes Goldie

Chartered Accountants

Statutory Auditor

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,758

3,540

2,758

3,540

CURRENT ASSETS

Stocks

6

69,367

70,780

Debtors

7

11,855

42,166

Cash at bank

419,944

135,865

501,166

248,811

CREDITORS

Amounts falling due within one year

8

487,281

251,458

NET CURRENT ASSETS/(LIABILITIES)

13,885

(2,647

)

TOTAL ASSETS LESS CURRENT LIABILITIES

16,643

893

PROVISIONS FOR LIABILITIES

10

524

673

NET ASSETS

16,119

220

CAPITAL AND RESERVES

Called up share capital

11

1

1

Retained earnings

16,118

219

SHAREHOLDERS' FUNDS

16,119

220

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 13th November 2025 and were signed on its behalf by:

Mr C J Sadler - Director

1.	STATUTORY INFORMATION

Dove House Trading 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.

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.

The financial statements have been prepared under the going concern basis as the directors have reasonable grounds to believe that the company is able to continue its operations into the foreseeable future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Retail sales

Income is recognised at the point of sale.

Childcare services

Income is recognised in the period in which the company provides the services. Income received in advance/in arrears is deferred/accrued accordingly.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

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.

Depreciation

Depreciation is calculated to write down the cost of all fixed assets by equal annual instalments over their expected useful lives.

The rates generally applicable are:

Plant and equipment

20%

Fixtures and fittings

10%

Land & Building

2%

Stocks

Stock is stated at the lower of cost and net realisable value. Cost represents that expenditure which has been incurred in the normal course of business in bringing the product or service to its present location and condition.

In the case of consumable stocks, cost means purchase price including transport and handling costs, less trade discounts, calculated on a first in first out basis.

Net realisable value means estimated selling price less all further costs to completion and all costs to be incurred in marketing, selling and distribution.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Donations under gift aid

The profits of the company are donated under the Gift Aid scheme to its parent company, Dove House Hospice Limited, a registered charity.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method less any impairment.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Provision for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 59 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

100,000

AMORTISATION

At 1st April 2024

and 31st March 2025

100,000

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1st April 2024

and 31st March 2025

76,675

28,073

95,063

199,811

DEPRECIATION

At 1st April 2024

76,675

27,300

92,296

196,271

Charge for year

-

175

607

782

At 31st March 2025

76,675

27,475

92,903

197,053

NET BOOK VALUE

At 31st March 2025

-

598

2,160

2,758

At 31st March 2024

-

773

2,767

3,540

6.

STOCKS

2025

2024

£

£

Goods for resale

69,367

70,780

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

664

8,040

Other debtors

11,191

34,126

11,855

42,166

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

11,535

29,516

Amounts owed to group undertakings

461,271

195,880

Taxation and social security

1,864

20,020

Other creditors

12,611

6,042

487,281

251,458

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

-

10,417

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

524

673

Deferred

tax

£

Balance at 1st April 2024

673

Credit to Income Statement during year

(149

)

Balance at 31st March 2025

524

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen Bramall BSc.,FCA (Senior Statutory Auditor)

for and on behalf of Smailes Goldie

13.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

14.	PARENT UNDERTAKING

The company is a wholly owned subsidiary undertaking of Dove House Hospice Limited, a company incorporated in England and Wales.