Company Registration No. 08437255 (England and Wales)
Cavendish Estates Dorset Limited
Unaudited financial statements
for the year ended 31 March 2025
Pages for filing with the registrar
Cavendish Estates Dorset Limited
Contents
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
Cavendish Estates Dorset Limited
Balance sheet
As at 31 March 2025
1
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
4
1,075,324
1,055,000
Current assets
Debtors
5
40,535
27,980
Cash at bank and in hand
32,273
66,589
72,808
94,569
Creditors: amounts falling due within one year
6
(180,417)
(167,634)
Net current liabilities
(107,609)
(73,065)
Total assets less current liabilities
967,715
981,935
Creditors: amounts falling due after more than one year
7
(526,486)
(534,349)
Provisions for liabilities
(129,102)
(129,102)
Net assets
312,127
318,484
Capital and reserves
Called up share capital
8
1
1
Other reserves
387,302
387,302
Profit and loss reserves
(75,176)
(68,819)
Total equity
312,127
318,484

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Cavendish Estates Dorset Limited
Balance sheet (continued)
As at 31 March 2025
2
The financial statements were approved by the board of directors and authorised for issue on 10 December 2025 and are signed on its behalf by:
Anthony Gibney
Director
Company Registration No. 08437255
Cavendish Estates Dorset Limited
Notes to the financial statements
For the year ended 31 March 2025
3
1
Accounting policies
Company information

Cavendish Estates Dorset Limited is a private company limited by shares incorporated in England and Wales. The registered office is Flat 1, 21 Meyrick Park Crescent, Bournemouth, Dorset, BH3 7AG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Turnover for the development of property sales is recognised on the day of legal completion.

Lease premium income is recognised upon completion of any agreement.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Cavendish Estates Dorset Limited
Notes to the financial statements (continued)
For the year ended 31 March 2025
1
Accounting policies (continued)
4
Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Cavendish Estates Dorset Limited
Notes to the financial statements (continued)
For the year ended 31 March 2025
1
Accounting policies (continued)
5
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Where items recognised in other comprehensive income or equity are chargeable to or deductible for tax purposes, the resulting current or deferred tax expense or income is presented in the same component of comprehensive income or equity as the transaction or other event that resulted in the tax expense or income. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
4
Investment property
2025
£
Fair value
At 1 April 2024
1,055,000
Additions
20,324
At 31 March 2025
1,075,324
Cavendish Estates Dorset Limited
Notes to the financial statements (continued)
For the year ended 31 March 2025
4
Investment property (continued)
6

Appraisal of the investment properties has been made by the directors on a open market basis. No depreciation is provided in respect of these properties

On the historical cost basis the properties total £558,920 (2024 : £538,596).

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
2,437
-
0
Other debtors
4,210
4,224
6,647
4,224
Deferred tax asset
33,888
23,756
40,535
27,980
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
6,679
6,271
Other creditors
173,738
161,363
180,417
167,634
Cavendish Estates Dorset Limited
Notes to the financial statements (continued)
For the year ended 31 March 2025
7
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
526,486
534,349

The long-term bank loan is secured upon the property to which it relates.

Creditors which fall due after five years are as follows:
2025
2024
£
£
Payable other than by instalments
415,587
416,844
8
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary shares of 1p each
1
1
9
Directors' transactions

As at 31 March 2025 £156,987 (2024: £143,809) was owed to a director of the company.

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