Registration number: NI616760

Doranda Developments Limited

(Registration number: NI616760)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	792	990
Investment property	5	338,419	338,419
		339,211	339,409
Current assets
Stocks	6	324,581	495,910
Debtors	7	148,108	133,583
Cash at bank and in hand		193,591	79
		666,280	629,572
Creditors: due within one year	8	(3,228)	(1,650)
Net current assets		663,052	627,922
Net assets		1,002,263	967,331
Capital and reserves
Called up share capital	9	100	100
Retained earnings		1,002,163	967,231
Shareholders' funds		1,002,263	967,331

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 May 2026
 

Doranda Developments Limited

(Registration number: NI616760)
Balance Sheet as at 31 August 2025

......................................... Andrew James McKeown Director

Doranda Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in N.Ireland.

The address of its registered office is:
1 Cameron Park
Ballymena
Co. Antrim
BT42 1QJ

These financial statements were authorised for issue by the director on 29 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable from the sale of sites and development property. Turnover is recognised at the date contract completion.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Doranda Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% Straight line

Investment property

Investment properties are initially measured at cost. Cost comprises the purchase price and any directly attributable expenditure including fees, taxes and other transaction costs. Investment properties are measured at fair value at each reporting date with any changes in fair value recognised in the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Financial assets, including debtors, are reviewed at the reporting date to determine if there is any evidence of potential impairment. Any losses arising from impairment are recognised in the income statement in operating expenses.

Stocks and work in progress

Stocks and work in progress are stated at the lower of cost and net realisable value. Net realisable value is calculated as the expected selling price of of the property less any development costs and selling fees. At each reporting date, stock and work in progress are assessed for impairment by the director. Where there is evidence of any impairment, full provision is recognised through the profit and loss account.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Doranda Developments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4	Tangible assets

	Plant & equipment £	Total £
Cost or valuation
At 1 September 2024	6,200	6,200
At 31 August 2025	6,200	6,200
Depreciation
At 1 September 2024	5,210	5,210
Charge for the year	198	198
At 31 August 2025	5,408	5,408
Carrying amount
At 31 August 2025	792	792
At 31 August 2024	990	990

5	Investment properties

	2025 £
At 1 September	338,419
At 31 August 2025	338,419

The Company's investment property is held at cost at the balance sheet date.

6

Stocks

	2025 £	2024 £
Work in progress	324,581	495,910