REGISTERED NUMBER: 04787080 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DUDLEY TAYLOR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C J Taylor

Mrs S Taylor

SECRETARIES:

Mr C J Taylor

Mrs S Taylor

REGISTERED OFFICE:

Leafield Estate

Stratford Road

Warwick

Warwickshire

CV34 6RA

REGISTERED NUMBER:

04787080 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

Chartered Accountants

1110 Elliott Court

Herald Avenue

Coventry Business Park

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Investments

4

5,440,623

5,440,623

Investment property

5

14,558,205

14,558,205

19,998,828

19,998,828

CURRENT ASSETS

Stocks

20,000

4,472,884

Debtors

6

31,463,894

34,487,151

Cash at bank

17,101,432

9,416,898

48,585,326

48,376,933

CREDITORS

Amounts falling due within one year

7

25,474,191

28,770,478

NET CURRENT ASSETS

23,111,135

19,606,455

TOTAL ASSETS LESS CURRENT LIABILITIES

43,109,963

39,605,283

PROVISIONS FOR LIABILITIES

96,667

96,667

NET ASSETS

43,013,296

39,508,616

CAPITAL AND RESERVES

Called up share capital

8

92,700

92,700

Capital redemption reserve

7,280

7,280

Fair value reserve

583,333

583,333

Retained earnings

42,329,983

38,825,303

SHAREHOLDERS' FUNDS

43,013,296

39,508,616

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

Mr C J Taylor - Director

1.	STATUTORY INFORMATION

Dudley Taylor 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.

The financial statements have been prepared in accordance with applicable Accounting Standards.

The nature of the company's operations and principal activities are property rental.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

The significant accounting policies applied in the preparation of these financial statements are set out below.

Turnover

Rental income is from properties held and is recognised in the accounts on an accruals basis when it is due.

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Turnover from the sale of land and buildings is recognised when significant risks and rewards of ownership of the land and buildings have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on legal completion.

Investments in subsidiaries and associates

Investments in subsidiary and associate undertakings are recognised at cost less impairment.

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Judgements and key sources of estimation uncertainty

No significant judgements have been made in the process of applying the above accounting policies.

There are no key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

Interest

group

in

undertakings

associate

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

4,001,840

1,438,783

5,440,623

NET BOOK VALUE

At 31 March 2025

4,001,840

1,438,783

5,440,623

At 31 March 2024

4,001,840

1,438,783

5,440,623

Shares held in an unlisted company are valued at cost less impairment.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

14,558,205

NET BOOK VALUE

At 31 March 2025

14,558,205

At 31 March 2024

14,558,205

Fair value at 31 March 2025 is represented by:

£

Valuation in 2019

110,000

Valuation in 2020

280,000

Valuation in 2023

100,000

Cost

14,068,205

14,558,205

Investment properties were valued on an open market basis on 31 March 2025 by the directors .

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

102,477

112,219

Amounts owed by group undertakings

10,044,176

9,275,023

Amounts owed by associates

12,128,733

21,614,529

Other debtors

4,518,151

1,387,444

26,793,537

32,389,215

Amounts falling due after more than one year:

Other debtors

4,670,357

2,097,936

Aggregate amounts

31,463,894

34,487,151

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Payments on account

-

584,425

Taxation and social security

381,712

1,004,516

Other creditors

25,092,479

27,181,537

25,474,191

28,770,478

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

927,000

Ordinary

10p

92,700

92,700

There is one class of share, all such shares rank pari passu in all respects.

9.	PARENT COMPANY

The parent company is DT Newco 2 Limited, registered in England and Wales.