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Registered number: 00703309
Dugdale Investments Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
SFB Group Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00703309
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 748,709 748,127
748,709 748,127
CURRENT ASSETS
Debtors 5 14,254 13,346
Cash at bank and in hand 18,701 24,812
32,955 38,158
Creditors: Amounts Falling Due Within One Year 6 (89,035 ) (85,100 )
NET CURRENT ASSETS (LIABILITIES) (56,080 ) (46,942 )
TOTAL ASSETS LESS CURRENT LIABILITIES 692,629 701,185
PROVISIONS FOR LIABILITIES
Deferred Taxation (152 ) (7 )
NET ASSETS 692,477 701,178
CAPITAL AND RESERVES
Called up share capital 7 1,500 1,500
Revaluation reserve 8 572,814 572,814
Profit and Loss Account 118,163 126,864
SHAREHOLDERS' FUNDS 692,477 701,178
Page 1
Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Valerie Bottrill
Director
13 July 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dugdale Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00703309 . The registered office is 77 Pallett Drive, Nuneaton, Warwickshire, CV11 6JT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold not provided
Improvements to Property not provided
Fixtures & Fittings 10% RB
Computer Equipment 10% RB
The directors have valued the trading & investment property in 2014 at £745,750. This is shown in the financial statements as
tangible fixed assets - Freehold Property.
The valuation has been reassessed by the directors on 31 March 2026. Having considered the value of other similar properties
in the area, the condition of the property and the tenancies achieved and recent valuations they have concluded that this still
represents a fair value of the investment property. Continued maintenance and refurbishment will ensure the fair value is
maintained subject to any fluctuations in the property market in general
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.4. Operating income
Operating income represents the total rents receivable during the year and all arose within the United Kingdom.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Improvements to Property Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 745,750 2,350 1,317 - 749,417
Additions - - - 650 650
As at 31 March 2026 745,750 2,350 1,317 650 750,067
Depreciation
As at 1 April 2025 - - 1,290 - 1,290
Provided during the period - - 3 65 68
As at 31 March 2026 - - 1,293 65 1,358
Net Book Value
As at 31 March 2026 745,750 2,350 24 585 748,709
As at 1 April 2025 745,750 2,350 27 - 748,127
Freehold property was valued by the directors on an open market basis at 31 March 2014 at £745,750.
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 12,838 12,025
Other debtors 1,416 1,321
14,254 13,346
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 76,823 73,096
Taxation and social security 12,212 12,004
89,035 85,100
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1,500 1,500
Page 4
Page 5
8. Reserves
Revaluation Reserve
£
As at 1 April 2025 572,814
As at 31 March 2026 572,814
Page 5