| Dawkins Estate Limited |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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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). |
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Turnover |
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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 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. |
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Tangible fixed assets |
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No depreciation is provided in respect of freehold properties held as investments. Such properties are held for investment and not for consumption and the directors consider to depreciate them would not give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified and quantified. The directors consider that this policy results in the accounts giving a true and fair view. |
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Taxation |
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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. |
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| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
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Average number of persons employed by the company |
2 |
|
2 |
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| 3 |
Tangible fixed assets |
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Land and buildings |
| £ |
|
Cost |
|
At 1 November 2024 |
1,184,000 |
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At 31 October 2025 |
1,184,000 |
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Depreciation |
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At 31 October 2025 |
- |
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Net book value |
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At 31 October 2025 |
1,184,000 |
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At 31 October 2024 |
1,184,000 |
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Freehold land and buildings: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
645,078 |
|
645,078 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
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|
645,078 |
|
645,078 |
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| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
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Trade debtors |
1,615 |
|
1,652 |
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Other debtors |
- |
|
257 |
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1,615 |
|
1,909 |
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| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
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Trade creditors |
344 |
|
139 |
|
Taxation and social security costs |
10,705 |
|
11,120 |
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Other creditors |
79,815 |
|
104,934 |
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|
90,864 |
|
116,193 |
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| 6 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
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At 1 November 2024 |
538,922 |
|
538,922 |
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At 31 October 2025 |
538,922 |
|
538,922 |
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| 7 |
Controlling party |
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The company was controlled throughout the year by the directors, who are also the only shareholders. |
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| 8 |
Other information |
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Dawkins Estate Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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Castle House |
|
Park Road |
|
Banstead |
|
SM7 3BT |