Dourside Ltd - Limited company accounts 23.2

REGISTERED NUMBER: 10102596 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 April 2023

for

Dourside Ltd

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

S R Lawrence

G Kingsbury

SECRETARY:

REGISTERED OFFICE:

Unit C3

Knights Park Industrial Estate

Knight Road

Rochester

Kent

ME2 2LS

REGISTERED NUMBER:

10102596 (England and Wales)

ACCOUNTANTS:

I.B.C.

Suite 1, Unit C3

Knights Park Industrial Estate

Knight Road

Rochester

Kent

ME2 2LS

The directors present their report with the financial statements of the company for the year ended 30 April 2023.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 May 2022 to the date of this report.

S R Lawrence

G Kingsbury

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

G Kingsbury - Director

11 October 2023

TURNOVER

-

-

Administrative expenses

35,265

45,509

(35,265

)

(45,509

)

Other operating income

28,354

40,913

OPERATING LOSS and

LOSS BEFORE TAXATION

(6,911

)

(4,596

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(6,911

)

(4,596

)

FIXED ASSETS

Tangible assets

4

373,333

373,333

Investments

5

64

64

373,397

373,397

CURRENT ASSETS

Debtors

6

23,143

1,200

Cash at bank

157,270

3,931

180,413

5,131

CREDITORS

Amounts falling due within one year

7

190,685

178,592

NET CURRENT LIABILITIES

(10,272

)

(173,461

)

TOTAL ASSETS LESS CURRENT LIABILITIES

363,125

199,936

CREDITORS

Amounts falling due after more than one year

8

380,910

210,810

NET LIABILITIES

(17,785

)

(10,874

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(17,885

)

(10,974

)

SHAREHOLDERS' FUNDS

(17,785

)

(10,874

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2023 and were signed on its behalf by:

G Kingsbury - Director

1.	STATUTORY INFORMATION

Dourside Ltd 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.

Tangible fixed assets

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

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 NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 May 2022

and 30 April 2023

373,333

NET BOOK VALUE

At 30 April 2023

373,333

At 30 April 2022

373,333

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.4.23

30.4.22

£

£

Incorporation Expenses

64

64

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Trade debtors

1,200

1,200

Other debtors

21,943

-

23,143

1,200

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Trade creditors

1

-

Other creditors

19,739

-

Directors' loan accounts

169,915

177,597

Accruals and deferred income

1,030

995

190,685

178,592

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.23

30.4.22

£

£

Mortgage

380,910

210,810