Davimore Properties Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 04590492

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		2,049,122		586,565

			2,049,122		586,565
CURRENT ASSETS
Debtors		-		83
Cash at bank and in hand		54,359		82,357

		54,359		82,440
Creditors: Amounts Falling Due Within One Year		(31,749 )		(1,224 )

NET CURRENT ASSETS (LIABILITIES)			22,610		81,216

TOTAL ASSETS LESS CURRENT LIABILITIES			2,071,732		667,781

Creditors: Amounts Falling Due After More Than One Year			(1,805,904 )		(919,421 )

NET ASSETS/(LIABILITIES)			265,828		(251,640 )

CAPITAL AND RESERVES
Called up share capital	5		2		2
Revaluation reserve	7		513,435		-
Profit and Loss Account			(247,609 )		(251,642 )

SHAREHOLDERS' FUNDS			265,828		(251,640)

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Davimore Properties Limited

Abridged Balance Sheet (continued)

As At 31 March 2025

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mrs M J Mortimer Davies

Director

31/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Davimore Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04590492 . The registered office is Davimore House, Penllyn, Cowbridge, CF71 7RQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 3)

4. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	586,565
Additions	949,122
Revaluations	513,435

As at 31 March 2025	2,049,122

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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Davimore Properties Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

6. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mrs Marie Mortimer Davies	405,920	465,377	4,000	-	867,297
Mr Mark Mortimer Davies	405,921	465,377	4,000	-	867,298
Miss Myfina Mortimer-Davies	-	9,096	-	-	9,096

The above loan is unsecured, interest free and repayable on demand.

7. Reserves

	Revaluation Reserve
	£
Net investment property revaluation reserve	513,435

As at 31 March 2025	513,435

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