Dunholme Management Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03325308 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

DUNHOLME MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Anthony Gavin Scott

Edna Scott

SECRETARY:

Edna Scott

REGISTERED OFFICE:

Rose Court

3 Deighton Grove Lane

York

YO19 4SN

REGISTERED NUMBER:

03325308 (England and Wales)

ACCOUNTANTS:

Stewart Gilmour & Co.,

Chartered Accountants

3rd Floor, St George's Buildings

5 St Vincent Place

Glasgow

G1 2DH

BANKERS:

The Co-operative Bank plc

P.O. Box 250

Skelmersdale

Lancashire

WN8 6WT

FIXED ASSETS

Investments

4

759,332

-

CURRENT ASSETS

Debtors

5

-

793,018

Cash at bank

8

51

8

793,069

CREDITORS

Amounts falling due within one year

6

2,100

2,100

NET CURRENT (LIABILITIES)/ASSETS

(2,092

)

790,969

TOTAL ASSETS LESS CURRENT LIABILITIES

757,240

790,969

CAPITAL AND RESERVES

Called up share capital

7

1,025,100

1,025,100

Retained earnings

8

(267,860

)

(234,131

)

SHAREHOLDERS' FUNDS

757,240

790,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 27 September 2019 and were signed on its behalf by:

Anthony Gavin Scott - Director

1.	STATUTORY INFORMATION

Dunholme Management 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.

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.

Investments

Fixed asset investments are stated at cost less any provision for permanent diminution in value. For listed

investments, market value is based on the closing mid-market price on a recognised stock exchange.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

793,006

Revaluations

(33,674

)

At 31 December 2018

759,332

NET BOOK VALUE

At 31 December 2018

759,332

Cost or valuation at 31 December 2018 is represented by:

Other

investments

£

Valuation in 2018

759,332

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Dunholme Management Limited

Employee & Consultants

Benefits Scheme

-

793,018

-

793,018

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Amounts due to parent company

2,100

2,100

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

1,025,100

Ordinary

£1

1,025,100

1,025,100

8.

RESERVES

Retained

earnings

£

At 1 January 2018

(234,131

)

Deficit for the year

(33,729

)

At 31 December 2018

(267,860

)

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are directors Mr A G Scott and Mrs E Scott who, together, hold 67% of the

issued share capital of Excel Trust Company Limited, the parent company of Dunholme Management Limited.