REGISTERED NUMBER: 03965157 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Dobson Assets Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I G Dobson

Mrs W A Dobson

SECRETARY:

Mrs W A Dobson

REGISTERED OFFICE:

Old Hagg Farm

Doddington

Lincoln

LN6 4RY

REGISTERED NUMBER:

03965157 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Tangible assets

4

3,829

4,688

Investment property

5

435,000

435,000

438,829

439,688

CURRENT ASSETS

Debtors

6

488,072

467,931

Cash at bank and in hand

32,047

30,287

520,119

498,218

CREDITORS

Amounts falling due within one year

7

525,423

539,961

NET CURRENT LIABILITIES

(5,304

)

(41,743

)

TOTAL ASSETS LESS CURRENT LIABILITIES

433,525

397,945

PROVISIONS FOR LIABILITIES

56,297

56,307

NET ASSETS

377,228

341,638

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

8

168,750

168,750

Retained earnings

208,476

172,886

SHAREHOLDERS' FUNDS

377,228

341,638

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2026 and were signed on its behalf by:

Mr I G Dobson - Director

Mrs W A Dobson - Director

1.	STATUTORY INFORMATION

Dobson Assets Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

13,054

1,800

14,854

DEPRECIATION

At 1 April 2025

8,597

1,569

10,166

Charge for year

817

42

859

At 31 March 2026

9,414

1,611

11,025

NET BOOK VALUE

At 31 March 2026

3,640

189

3,829

At 31 March 2025

4,457

231

4,688

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

435,000

NET BOOK VALUE

At 31 March 2026

435,000

At 31 March 2025

435,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2020

39,000

Valuation in 2021

40,000

Valuation in 2022

10,500

Valuation in 2023

50,500

Valuation in 2025

85,000

Cost

210,000

435,000

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

210,000

210,000

Investment property was valued on an open market basis on 31 March 2026 by Mr I G Dobson, the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by participating interests

487,160

467,292

Prepayments

912

639

488,072

467,931

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

10,587

12,710

Other creditors

33,874

32,270

Directors' loan accounts

478,937

492,749

Accrued expenses

2,025

2,232

525,423

539,961

8.

RESERVES

Fair

value

reserve

£

At 1 April 2025

and 31 March 2026

168,750

9.	RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided from companies with common directors and under common control amounted to £32,474 (2025: £30,870).