REGISTERED NUMBER: 13879640 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

FOR

DOWMAN PROPERTY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C R Dowman

REGISTERED OFFICE:

283 Blackpool Old Road

Poulton Le Fylde

Lancashire

FY6 7QZ

REGISTERED NUMBER:

13879640 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Investment property

4

395,000

403,406

CURRENT ASSETS

Debtors

5

243

251

Cash at bank

1,195

1,406

1,438

1,657

CREDITORS

Amounts falling due within one year

6

55,362

55,146

NET CURRENT LIABILITIES

(53,924

)

(53,489

)

TOTAL ASSETS LESS CURRENT LIABILITIES

341,076

349,917

CREDITORS

Amounts falling due after more than one year

7

360,000

360,000

NET LIABILITIES

(18,924

)

(10,083

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(19,024

)

(10,183

)

(18,924

)

(10,083

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 6th May 2026 and were signed by:

C R Dowman - Director

1.	STATUTORY INFORMATION

Dowman Property Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 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.

Going concern

Despite loss in year and cumulative losses to date, the Director considers the company to be a going concern and had committed to provide financial support to company for a minimum period of twelve months.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st February 2025

403,406

Revaluations

(8,406

)

At 31st January 2026

395,000

NET BOOK VALUE

At 31st January 2026

395,000

At 31st January 2025

403,406

Investment property has been valued by the director at the year end date and the fair value is considered to be currently equal to the original cost price.

Fair value at 31st January 2026 is represented by:

£

Valuation in 2026

395,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Other debtors

243

251

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

£

Other creditors

55,362

55,146

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/26

31/1/25

£

£

Other creditors

360,000

360,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

360,000

360,000

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2026 and 31st January 2025:

31/1/26

31/1/25

£

£

C R Dowman

Balance outstanding at start of year

(54,456

)

(51,456

)

Amounts advanced

3,000

-

Amounts repaid

(3,192

)

(3,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(54,648

)

(54,456

)

9.	RELATED PARTY DISCLOSURES

The company has received a loan from David J. Killen & Co. (Insurance Services) Limited, a company in which the director is also a director. Interest is being charged on the loan at the market rate. At the balance sheet date the amount owed was £360,000.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is C R Dowman.