G.Dales Limited - Filleted accounts

Registered number

00264641

G.Dales Limited

Unaudited Filleted Accounts

5 April 2025

G.Dales Limited
Registered number:		00264641
Balance Sheet
as at 5 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		1,527,625			1,843,625

Current assets
Debtors	5	-			160,515
Investments held as current assets	6	487,444			-
Cash at bank and in hand		39,537			7,429
		526,981			167,944

Creditors: amounts falling due within one year	7	(94,871)			(37,449)

Net current assets			432,110			130,495

Total assets less current liabilities			1,959,735			1,974,120


Provisions for liabilities			(19,407)			(89,655)


Net assets			1,940,328			1,884,465

Capital and reserves
Called up share capital			384			384
Profit and loss account			1,939,944			1,884,081

Shareholder's funds			1,940,328			1,884,465

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr R Midmer
Director
Approved by the board on 4 January 2026

G.Dales Limited
Notes to the Accounts
for the year ended 5 April 2025


1	Statement of compliance

	G.Dales Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is Bowers Cottage, West Harting, Petersfield, England, GU31 5NT.


2	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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 inwhich they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have beenenacted 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.


3	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	1		1


4	Tangible fixed assets
				Land and buildings
£
	Cost
	At 6 April 2024			1,843,625
	Disposals			(316,000)
	At 5 April 2025			1,527,625

	Depreciation
	At 5 April 2025			-

	Net book value
	At 5 April 2025			1,527,625
	At 5 April 2024			1,843,625


5	Debtors	2025		2024
£			£

	Directors' loan account	-		59,000
	Other debtors	-		101,515
		-		160,515


6	Investments held as current assets	2025		2024
£			£
	Fair value
	Listed investments	487,444		-

	Increase/(decrease) in fair value included in the profit and loss account for the financial year
	Listed investments	(12,556)		-


7	Creditors: amounts falling due within one year	2025		2024
£			£

	Taxation and social security costs	73,140		24,459
	Accruals	1,500		2,170
	Other creditors	20,231		10,820
		94,871		37,449


8	Directors' advances, credits and guarantees	2025		2024
£			£
	R Midmer
	Balance outstanding at start of year	59,000		-
	Amounts advanced	-		59,000
	Amounts repaid	(59,000)		-
	Amounts written off	-		-
	Amounts waived	-		-
	Balance outstanding at end of year	-		59,000


9	Other information

	G.Dales Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Bowers Cottage
	West Harting
	Petersfield
	GU31 5NT