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REGISTERED NUMBER: 06921095













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

DC PROPERTIES (ENFIELD) LIMITED

DC PROPERTIES (ENFIELD) LIMITED (REGISTERED NUMBER: 06921095)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DC PROPERTIES (ENFIELD) LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2023







DIRECTORS: M H J Crausaz
Mrs A M Disney





REGISTERED OFFICE: First Floor
677 High Road
London
N12 0DA





REGISTERED NUMBER: 06921095





ACCOUNTANTS: Bramil Associates LLP
First Floor
677 High Road
North Finchley
London
N12 0DA

DC PROPERTIES (ENFIELD) LIMITED (REGISTERED NUMBER: 06921095)

BALANCE SHEET
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,401,890 1,403,780

CURRENT ASSETS
Debtors 5 1,102 1,102
Cash at bank 23,761 27,417
24,863 28,519
CREDITORS
Amounts falling due within one year 6 40,705 37,602
NET CURRENT LIABILITIES (15,842 ) (9,083 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,386,048

1,394,697

CREDITORS
Amounts falling due after more than one
year

7

389,079

454,821
NET ASSETS 996,969 939,876

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 9 706,927 706,927
Retained earnings 289,042 231,949
SHAREHOLDERS' FUNDS 996,969 939,876

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

DC PROPERTIES (ENFIELD) LIMITED (REGISTERED NUMBER: 06921095)

BALANCE SHEET - continued
30 June 2023


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 and authorised for issue on 26 July 2023 and were signed on its behalf by:





M H J Crausaz - Director


DC PROPERTIES (ENFIELD) LIMITED (REGISTERED NUMBER: 06921095)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Dc Properties (Enfield) Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

DC PROPERTIES (ENFIELD) LIMITED (REGISTERED NUMBER: 06921095)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 July 2022
and 30 June 2023 1,400,000 9,450 1,409,450
DEPRECIATION
At 1 July 2022 - 5,670 5,670
Charge for year - 1,890 1,890
At 30 June 2023 - 7,560 7,560
NET BOOK VALUE
At 30 June 2023 1,400,000 1,890 1,401,890
At 30 June 2022 1,400,000 3,780 1,403,780

Cost or valuation at 30 June 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2018 706,927 - 706,927
Cost 693,073 9,450 702,523
1,400,000 9,450 1,409,450

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

30.6.23 30.6.22
£    £   
Cost 693,073 693,073

Freehold Land and Buildings were valued on an open market basis on 30 June 2018 by Mr. Crausaz the Director. .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 1,102 1,102

DC PROPERTIES (ENFIELD) LIMITED (REGISTERED NUMBER: 06921095)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 24,140 24,140
Trade creditors (1 ) -
Amounts owed to group undertakings 2,188 -
Taxation and social security 14,378 13,462
40,705 37,602

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 389,079 454,821

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 292,520 358,262

8. SECURED DEBTS

The following secured debts are included within creditors:

30.6.23 30.6.22
£    £   
Bank loans 413,219 478,961

Unity Trust Bank PLC have a fixed and floating charge over the land and property and commercial activities of the Company.

9. RESERVES
Revaluation
reserve
£   
At 1 July 2022
and 30 June 2023 706,927

10. ULTIMATE CONTROLLING PARTY

The controlling party is M H J Crausaz.