DUNESALE LIMITED


Directors	HANSON, Brian James
	THOMPSON, Glyn James


Registered Address	58 Alma Road
	Clifton
	Bristol
	BS8 2DG


Registered Number	03313982 (England and Wales)

Balance Sheet as at
5 April 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		-		14,845
Investment property	4		2,550,000		2,550,000
			2,550,000		2,564,845
Current assets
Debtors	5	136		14,547
Cash at bank and on hand		239,555		72,865
		239,691		87,412
Creditors amounts falling due within one year	6	(136,185)		(91,208)
Net current assets (liabilities)			103,506		(3,796)
Total assets less current liabilities			2,653,506		2,561,049
Creditors amounts falling due after one year	7		(1,000,000)		(1,000,000)
Provisions for liabilities	9		(277,156)		(280,500)
Net assets			1,376,350		1,280,549
Capital and reserves
Called up share capital			100		100
Other reserves			836,485		836,485
Profit and loss account			539,765		443,964
Shareholders' funds			1,376,350		1,280,549

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 4 November 2025, and are signed on its behalf by:

HANSON, Brian James
Director

THOMPSON, Glyn James
Director

Registered Company No. 03313982

DUNESALE LIMITED

Notes to the Financial Statements
for the year ended 5 April 2025

1.	Accounting policies

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

	Basis of preparation
	The financial statements have been prepared in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

	Current 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.

Current 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 between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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, except for revalued investment property where the tax rate that applies to the sale of the asset is used. 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. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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, except for revalued investment property where the tax rate that applies to the sale of the asset is used. 

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.

Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	25

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 06 April 24	39,019	39,019
Disposals	(39,019)	(39,019)
Depreciation and impairment
At 06 April 24	24,174	24,174
Charge for year	3,711	3,711
On disposals	(27,885)	(27,885)
Net book value
At 05 April 25	-	-
At 05 April 24	14,845	14,845

4.	Investment property
	If investment property had not been revalued it would have been included at the following historical cost £1,434,687 (2024: £1,434,687). Investment property was valued on an open market basis on 5 April 2025 by the directors.


		£
	Fair value at 06 April 24	2,550,000
	At 05 April 25	2,550,000

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by associates and joint ventures / participating interests	-	14,440
Other debtors	25	-
Prepayments and accrued income	111	107
Total	136	14,547

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	97,119	48,560
Taxation and social security	33,416	27,098
Other creditors	4,750	3,750
Accrued liabilities and deferred income	900	11,800
Total	136,185	91,208

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	1,000,000	1,000,000
Total	1,000,000	1,000,000

8.	Creditors: amounts due after 5 years
	Bank borrowings and overdrafts repayable otherwise than by instalments after more than 5 years £nil (2024: £1,000,000).

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	277,156	280,500
Total	277,156	280,500

10.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
HANSON, Brian James	14,440	18	14,458	0
	14,440	18	14,458	0

11.	Share capital
	Allotted, issued and fully paid up: 50 Ordinary A shares of £1 each 25 Ordinary B shares of £1 each 25 Ordinary C shares of £1 each