REGISTERED NUMBER: 13081029 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

DONEWAY DEVELOPMENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

K F Hennelly

M P McCallion

REGISTERED OFFICE:

2 Manor Farm Court

Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

REGISTERED NUMBER:

13081029 (England and Wales)

ACCOUNTANTS:

Thompsons Accountancy Services Ltd

2 Manor Farm Court Old Wolverton Road

Old Wolverton

Milton Keynes

Buckinghamshire

MK12 5NN

FIXED ASSETS

Tangible assets

5

23

219

Investment property

6

750,999

669,500

751,022

669,719

CURRENT ASSETS

Debtors

7

-

165

Cash at bank

14,882

5,263

14,882

5,428

CREDITORS

Amounts falling due within one year

8

150,070

151,558

NET CURRENT LIABILITIES

(135,188

)

(146,130

)

TOTAL ASSETS LESS CURRENT LIABILITIES

615,834

523,589

CREDITORS

Amounts falling due after more than one year

9

397,800

397,800

NET ASSETS

218,034

125,789

CAPITAL AND RESERVES

Allotted, called up and fully

paid share capital

100

100

Revaluation reserve

12

171,499

89,999

Retained earnings

46,435

35,690

218,034

125,789

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 19 December 2025 and were signed on its behalf by:

M P McCallion - Director

K F Hennelly - Director

1.	STATUTORY INFORMATION

Doneway Developments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

TANGIBLE FIXED ASSETS

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

Computer equipment

-

33% on 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.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

595

DEPRECIATION

At 1 April 2024

376

Charge for year

196

At 31 March 2025

572

NET BOOK VALUE

At 31 March 2025

23

At 31 March 2024

219

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

669,500

Revaluations

81,499

At 31 March 2025

750,999

NET BOOK VALUE

At 31 March 2025

750,999

At 31 March 2024

669,500

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

20,500

Valuation in 2024

69,500

Valuation in 2025

81,499

Cost

579,500

750,999

If the investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

579,500

579,500

Investment properties were valued on an open market basis on 18 November 2025 by the Director. .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments

-

165

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

2,567

4,670

Directors' current accounts

144,617

144,617

Accrued expenses

2,886

2,271

150,070

151,558

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

397,800

397,800

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due between two and five years:

Mortgages

397,800

397,800

11.	SECURED DEBTS

The mortgages are secured on the investment properties of the Company.

12.

RESERVES

Revaluation

reserve

£

At 1 April 2024

89,999

Revaluation surplus

81,500

At 31 March 2025

171,499