Dowland Manor Estates Limited - Accounts to registrar (filleted) - small 18.2

Dowland Manor Estates Limited - Accounts to registrar (filleted) - small 18.2

DOWLAND MANOR ESTATES LIMITED - Company Information

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REGISTERED NUMBER: 01049985 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 22 MARCH 2020

FOR

DOWLAND MANOR ESTATES LIMITED
DOWLAND MANOR ESTATES LIMITED (REGISTERED NUMBER: 01049985)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 22 MARCH 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DOWLAND MANOR ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 22 MARCH 2020







DIRECTORS: J N Hartle
R C Hartle
P A Siddle





SECRETARY: R C Hartle





REGISTERED OFFICE: Park House
200 Drake Street
Rochdale
Lancashire
OL16 1PJ





REGISTERED NUMBER: 01049985 (England and Wales)





ACCOUNTANTS: Wyatt, Morris, Golland Ltd
Park House
200 Drake Street
Rochdale
Lancashire
OL16 1PJ
Page 1
DOWLAND MANOR ESTATES LIMITED (REGISTERED NUMBER: 01049985)

BALANCE SHEET
22 MARCH 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Investments 4 - 10,075
Investment property 5 540,000 540,000
540,000 550,075

CURRENT ASSETS
Debtors 6 1,990 1,990
Cash at bank 14,709 6,268
16,699 8,258
CREDITORS
Amounts falling due within one year 7 27,951 34,994
NET CURRENT LIABILITIES (11,252 ) (26,736 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
528,748
523,339

PROVISIONS FOR LIABILITIES 82,743 82,743
NET ASSETS 446,005 440,596

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 8 353,819 353,819
Retained earnings 92,184 86,775
SHAREHOLDERS' FUNDS 446,005 440,596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 22 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 22 March 2020 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 notes form part of these financial statements

Page 2 continued...
DOWLAND MANOR ESTATES LIMITED (REGISTERED NUMBER: 01049985)

BALANCE SHEET - continued
22 MARCH 2020


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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 January 2021 and were
signed on its behalf by:




J N Hartle - Director R C Hartle - Director




P A Siddle - Director


The notes form part of these financial statements

Page 3
DOWLAND MANOR ESTATES LIMITED (REGISTERED NUMBER: 01049985)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 22 MARCH 2020

1. STATUTORY INFORMATION

Dowland Manor Estates 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.

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

Consolidation
The company and its subsidiary comprise a small group. The company has taken advantage of the exemption
provided by Section 248 of the Companies Act 1985 not to prepare group accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4. FIXED ASSET INVESTMENTS

On 22 March 2019 the investment comprised an investment in a subsidiary undertaking. The company's
investment in its subsidiary company of £10,075 represented the acquisition of 98% of the ordinary share capital
of Rochdale Plant Hire Limited, a company registered in England and Wales. During the year, the assets of
Rochdale Plant Hire Limited have been distributed to the shareholders and the company has subsequently been
struck off.

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 23 March 2019
and 22 March 2020 540,000
NET BOOK VALUE
At 22 March 2020 540,000
At 22 March 2019 540,000

Fair value at 22 March 2020 is represented by:

£   
Valuation in 1991 278,413
Valuation in 2017 261,587
540,000

Page 4 continued...
DOWLAND MANOR ESTATES LIMITED (REGISTERED NUMBER: 01049985)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 22 MARCH 2020

5. INVESTMENT PROPERTY - continued

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

2020 2019
£    £   
Cost 50,025 50,025

Investment property was valued on an open market basis on 22 March 2017 by the Directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Debtors 1,990 1,990

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Tax 4,640 3,710
Social security and other taxes 1,068 -
Loan-Rochdale Plant Hire Ltd - 9,910
Directors' current accounts 15,463 14,594
Accrued expenses 6,780 6,780
27,951 34,994

The bank holds a legal charge over the leasehold properties as security for any monies advanced.

8. RESERVES
Fair
value
reserve
£   
At 23 March 2019
and 22 March 2020 353,819

Page 5