Registration number: 06170661

Dodwell Farm Livery Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 7

Dodwell Farm Livery Limited

Company Information

Directors

R Drew AM Drew

Registered office

Pylands Lane Bursledon Southampton SO31 1BH

Accountants

Keith Powers FCA AIMS Accountants for Business13 Ambleside Botley Southampton SO30 2NS

Dodwell Farm Livery Limited

(Registration number: 06170661)
Abridged Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	5,911	9,366
Current assets
Cash at bank and in hand		519	490
Creditors: Amounts falling due within one year		(95,457)	(95,457)
Net current liabilities		(94,938)	(94,967)
Total assets less current liabilities		(89,027)	(85,601)
Accruals and deferred income		(1,420)	(1,420)
Net liabilities		(90,447)	(87,021)
Capital and reserves
Called up share capital	5	1,100	1,100
Retained earnings		(91,547)	(88,121)
Shareholders' deficit		(90,447)	(87,021)

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Dodwell Farm Livery Limited

(Registration number: 06170661)
Abridged Balance Sheet as at 31 March 2025

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 20 December 2025 and signed on its behalf by:
 

......................................... AM Drew Director

Dodwell Farm Livery Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Pylands Lane
Bursledon
Southampton
SO31 1BH

These financial statements were authorised for issue by the Board on 20 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold improvements	5% straight line

Dodwell Farm Livery Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Plant and machinery	25% straight line
Vehicles	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Dodwell Farm Livery Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	29,551	52,829	82,380
At 31 March 2025	29,551	52,829	82,380
Depreciation
At 1 April 2024	20,685	52,329	73,014
Charge for the year	2,955	500	3,455
At 31 March 2025	23,640	52,829	76,469
Carrying amount
At 31 March 2025	5,911	-	5,911
At 31 March 2024	8,866	500	9,366

Included within the net book value of land and buildings above is £5,911 (2024 - £8,866) in respect of long leasehold land and buildings.
 

5	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	1,000	1,000	1,000	1,000
Preference of £1 each	100	100	100	100
	1,100	1,100	1,100	1,100

6	Related party transactions

The company is under the control of the directors, R & Mrs A Drew, who own 100% of the issued equity share capital.

Directors' remuneration

The directors' remuneration for the year was as follows:

Dodwell Farm Livery Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

	2025 £	2024 £
Remuneration	2,160	3,978

Summary of transactions with other related parties

Included in Other Borrowings is a loan from the directors of £95,457 (2024: £95,457). The loan is unsecured, free of interest, and has no fixed terms of repayment. The directors have given an undertaking not to require repayment of the loan until such time as the Company's assets exceed it's liabilities, fairly valued.


Except as disclosed elsewhere in these accounts, there were no transactions with related parties requiring disclosure in terms of S1a of FRS102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland, or the Companies Act, 2006.