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Registered number: 01686930
Paul Dolan Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Mumby Heppenstall
Chartered Accountants
Wellingore Hall
Wellingore
Lincoln
LN5 0HX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01686930
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 76,640 29,270
Investments 5 300,000 300,000
376,640 329,270
CURRENT ASSETS
Stocks 6 505,339 974,889
Debtors 7 133,252 86,065
Cash at bank and in hand 67,122 24,251
705,713 1,085,205
Creditors: Amounts Falling Due Within One Year 8 (471,724 ) (727,519 )
NET CURRENT ASSETS (LIABILITIES) 233,989 357,686
TOTAL ASSETS LESS CURRENT LIABILITIES 610,629 686,956
Creditors: Amounts Falling Due After More Than One Year 9 (437,086 ) (524,390 )
NET ASSETS 173,543 162,566
CAPITAL AND RESERVES
Called up share capital 10 99 99
Profit and Loss Account 173,444 162,467
SHAREHOLDERS' FUNDS 173,543 162,566
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
Mr Martin Dolan
Director
11th September 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
Paul Dolan Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 01686930 . The registered office is 40 Lincoln Road, Skellingthorpe, Lincoln, Lincolnshire, LN6 5UU.
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. Turnover
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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 No depreciation is provided on freehold land
Plant & Machinery 25% on Written Down Value
Motor Vehicles 25% on Written Down Value
Computer Equipment 25% on cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 1)
2 1
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2025 15,000 113,306 27,665 2,261 158,232
Additions - - 67,080 955 68,035
Disposals - - (27,665 ) - (27,665 )
As at 31 March 2026 15,000 113,306 67,080 3,216 198,602
Depreciation
As at 1 April 2025 - 100,276 27,525 1,161 128,962
Provided during the period - 3,190 17,020 455 20,665
Disposals - - (27,665 ) - (27,665 )
As at 31 March 2026 - 103,466 16,880 1,616 121,962
Net Book Value
As at 31 March 2026 15,000 9,840 50,200 1,600 76,640
As at 1 April 2025 15,000 13,030 140 1,100 29,270
5. Investments
Other
£
Cost or Valuation
As at 1 April 2025 300,000
As at 31 March 2026 300,000
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 300,000
As at 1 April 2025 300,000
6. Stocks
2026 2025
£ £
Stock 505,339 974,889
Page 4
Page 5
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 114,306 85,205
Prepayments and accrued income 3,190 860
Other debtors 15,756 -
133,252 86,065
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 14,206 4,272
Bank loans and overdrafts 1,838 10,248
Other loans - 532,774
Accruals and deferred income 2,675 2,250
Directors' loan accounts 453,005 177,975
471,724 727,519
9. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans - 1,989
Other creditors 437,086 522,401
437,086 524,390
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 99 99
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