REGISTERED NUMBER: 00505188 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

DUKEVILLE SECURITIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J M Milburn

R Milburn

Ms C L Lindley

SECRETARY:

Mrs J M Milburn

REGISTERED OFFICE:

83 Cambridge Street

Pimlico

London

SW1V 4PS

REGISTERED NUMBER:

00505188 (England and Wales)

ACCOUNTANTS:

George Hay & Company

Chartered Accountants

83 Cambridge Street

London

SW1V 4PS

FIXED ASSETS

Investments

4

1,103,170

1,104,620

Investment property

5

758,986

758,986

1,862,156

1,863,606

CURRENT ASSETS

Debtors

6

1,924

1,900

Cash at bank

70,670

61,592

72,594

63,492

CREDITORS

Amounts falling due within one year

7

30,084

27,726

NET CURRENT ASSETS

42,510

35,766

TOTAL ASSETS LESS CURRENT LIABILITIES

1,904,666

1,899,372

PROVISIONS FOR LIABILITIES

8

179,391

138,201

NET ASSETS

1,725,275

1,761,171

CAPITAL AND RESERVES

Called up share capital

88

88

Capital redemption reserve

258,120

258,120

Retained earnings

1,467,067

1,502,963

SHAREHOLDERS' FUNDS

1,725,275

1,761,171

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd December 2025 and were signed on its behalf by:

Mrs J M Milburn - Director

1.	STATUTORY INFORMATION

Dukeville Securities 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable for the year.

Investment properties

Investment properties are carried at fair value. Revaluation gains are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

The Company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Fixed asset investments

Fixed asset investments are carried at fair value. Revaluation gains are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the investments are sold.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Listed

Unlisted

investments

investments

Totals

£

£

£

COST OR VALUATION

At 1st April 2024

1,101,870

2,750

1,104,620

Disposals

-

(250

)

(250

)

Revaluations

(1,200

)

-

(1,200

)

At 31st March 2025

1,100,670

2,500

1,103,170

NET BOOK VALUE

At 31st March 2025

1,100,670

2,500

1,103,170

At 31st March 2024

1,101,870

2,750

1,104,620

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

and 31st March 2025

758,986

NET BOOK VALUE

At 31st March 2025

758,986

At 31st March 2024

758,986

Land and buildings comprise freehold investment properties valued at £558,986, and a long leasehold investment property valued at £200,000.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Stockbrokers dealing account

1,924

1,900

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

8,500

-

Directors' current accounts

15,972

2,472

Accrued expenses

5,612

25,254

30,084

27,726

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

179,391

138,201

Deferred

tax

£

Balance at 1st April 2024

138,201

Provided during year

41,190

Balance at 31st March 2025

179,391