REGISTERED NUMBER: 14982943 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

DUNNE FAMILY PROPERTIES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L Dunne

Mrs K Dunne

Mr D Dunne

Ms C Dunne

Mr M Dunne (Jnr)

Mr M Dunne (Snr)

Mrs C Spollen

Miss G M Dunne

REGISTERED OFFICE:

182 York Way

Watford

United Kingdom

WD25 9RX

REGISTERED NUMBER:

14982943 (England and Wales)

ACCOUNTANTS:

Meades Group Limited

39 The Metro Centre

Tolpits Lane

Watford

Hertfordshire

WD18 9SB

FIXED ASSETS

Tangible assets

4

10,958

8,218

Investments

5

-

102

Investment property

6

4,368,826

4,023,433

4,379,784

4,031,753

CURRENT ASSETS

Debtors

7

29,174

24,289

Cash at bank

96,392

8,473

125,566

32,762

CREDITORS

Amounts falling due within one year

8

3,229,667

2,829,839

NET CURRENT LIABILITIES

(3,104,101

)

(2,797,077

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,275,683

1,234,676

PROVISIONS FOR LIABILITIES

1,371

-

NET ASSETS

1,274,312

1,234,676

CAPITAL AND RESERVES

Called up share capital

819,084

818,982

Retained earnings

455,228

415,694

1,274,312

1,234,676

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2nd December 2025 and were signed on its behalf by:

Ms C Dunne - Director

1.	STATUTORY INFORMATION

Dunne Family Properties 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 on the going concern basis, on the assumption that the company will continue to trade for the foreseeable future, despite it having net current liabilities of £3,104,101 (2024 - £2,797,077) as at the balance sheet date.

The director considers the going concern basis to be appropriate as, in their opinion, the company will be able to secure sufficient funding to enable it to pay its debts as they fall due.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1st April 2024

1,257

1,854

6,750

9,861

Additions

110

877

5,172

6,159

At 31st March 2025

1,367

2,731

11,922

16,020

DEPRECIATION

At 1st April 2024

209

309

1,125

1,643

Charge for year

319

666

2,434

3,419

At 31st March 2025

528

975

3,559

5,062

NET BOOK VALUE

At 31st March 2025

839

1,756

8,363

10,958

At 31st March 2024

1,048

1,545

5,625

8,218

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st April 2024

102

Disposals

(102

)

At 31st March 2025

-

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

102

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

4,023,433

Additions

615,393

Disposals

(270,000

)

At 31st March 2025

4,368,826

NET BOOK VALUE

At 31st March 2025

4,368,826

At 31st March 2024

4,023,433

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,610

15,944

Other debtors

-

5,000

Prepayments and accrued income

2,564

3,345

29,174

24,289

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

3,115,330

2,686,692

Corporation tax

31,054

4,302

Credit card balances

1,381

-

Directors' current accounts

79,619

135,195

Accruals and deferred income

2,283

3,650

3,229,667

2,829,839

9.	RELATED PARTY DISCLOSURES

As at 31 March 2025 £3,045,730 (2024 - £2,616,148) was owed to companies connected by key management personnel. The loans are interest free and repayable on demand.

As at 31 March 2025 £69,600 (2024 - £69,600) was owed to trusts connected by key management personnel. The loans are interest free and repayable on demand.

The directors' current account balances included within creditors of £79,619 (2024 - £135,195) have no fixed date for repayment, are repayable upon demand and are non-interest bearing.