Dollarhane Limited

(Registration number: 06748109)
Statement of Financial Position as at 30 November 2025 (continued)

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The financial statements of Dollarhane Limited were approved and authorised for issue by the director on 25 August 2026

.........................................

S Jocelyn
Director

Dollarhane Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025

1	General information

Dollarhane Limited (the 'company') is a private company limited by share capital incorporated in England & Wales under the Companies Act. The address of the registered office is given on page 1.

2	Accounting policies

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.

Going concern

No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the director.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and in accordance with the Companies Act 2006.

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.

The functional currency of the company is considered to be pound sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pound sterling (£).

Cash flow statement

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement under paragraph 7.1B of FRS 102.

Critical judgements and key sources of estimation uncertainties

There were no key sources of estimation uncertainties or critical judgements made by the directors in the process of applying the company’s accounting policies with significant effect on the amounts recognised in the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the income statement.

Taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in the income statement, 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.

Dollarhane Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025 (continued)

2	Accounting policies (continued)

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 in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Property, plant and equipment

Property, plant and equipment are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of property, plant and equipment includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	20% straight line

Other financial assets

Other financial assets represent listed investments which are stated at fair value with value changes recognised in the income statement.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank.

Receivables

Trade and other receivables that are receivable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be received, net of impairment. Those that are receivable after more than one year or that constitute a financing transaction are recorded initially at fair value less transaction costs and subsequently at amortised cost, net of impairment.

Dollarhane Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025 (continued)

2	Accounting policies (continued)

Payables

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade and other payables are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade and other payables that are payable within one year and do not constitute a financing transaction are recorded at the undiscounted amount expected to be paid. Those that are payable after more than one year or that constitute a financing transaction are recorded initially at transaction price and subsequently at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3	Operating loss

Arrived at after charging

	2025 £	2024 £
Depreciation expense	80	80
Foreign exchange losses	22,009	21,265

4	Staff costs

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

Dollarhane Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025 (continued)

5	Property, plant and equipment

	Computer equipment  £
Cost
At 1 December 2024	400
At 30 November 2025	400
Depreciation
At 1 December 2024	227
Charge for the year	80
At 30 November 2025	307
Carrying amount
At 30 November 2025	93
At 30 November 2024	173

6	Receivables

	2025 £	2024 £
Other receivables	731	-
Accrued income	608	1,187
	1,339	1,187

 

Non-current	2025 £	2024 £
Deferred tax assets	13,958	-
	13,958	-

The company has recognised a deferred tax asset in respect of tax losses carried forward. The asset has been recognised on the basis that the directors consider it probable that sufficient future taxable profits will be generated against which the losses can be utilised.

Dollarhane Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 November 2025 (continued)

7	Other financial assets

Current financial assets	2025 £	2024 £
Listed investments at fair value	915,212	887,744