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Company Registration No. 11002780 (England and Wales)
Demerara Property Holdings Ltd Unaudited accounts for the year ended 30 September 2023
Demerara Property Holdings Ltd Unaudited accounts Contents
Page
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Demerara Property Holdings Ltd Company Information for the year ended 30 September 2023
Directors
K Edwards S Edwards
Company Number
11002780 (England and Wales)
Registered Office
6 NINETREE HILL BRISTOL BS1 3SG UNITED KINGDOM
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Demerara Property Holdings Ltd Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
1,000 
1,000 
Current assets
Debtors
1,000 
1,000 
Creditors: amounts falling due within one year
(1,000)
(1,000)
Net current assets
- 
- 
Net assets
1,000 
1,000 
Capital and reserves
Called up share capital
1,000 
1,000 
Shareholders' funds
1,000 
1,000 
For the year ending 30 September 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2023 and were signed on its behalf by
S Edwards Director Company Registration No. 11002780
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Demerara Property Holdings Ltd Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Demerara Property Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 11002780. The registered office is 6 NINETREE HILL, BRISTOL, BS1 3SG, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investments
Investments in subsidiaries are included at cost.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Consolidation
In the opinion of the directors, the company and its subsidiary undertaking comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies act 2006 not to prepare group accounts.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 October 2022
1,000 
Valuation at 30 September 2023
1,000 
The company owns 100% of the allotted share capital of Demerara Property Investments Ltd, a company registered in England and Wales. The Investment by the company in its subsidiary is included at cost.
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1,000 
1,000 
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Demerara Property Holdings Ltd Notes to the Accounts for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
1,000 
1,000 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
300 Ordinary shares of £1 each
300 
300 
350 Founder A shares of £1 each
350 
350 
350 Founder B shares of £1 each
350 
350 
1,000 
1,000 
8
Transactions with related parties
Simon and Karen Edwards The company is wholly owned by the directors, Simon and Karen Edwards. The sum of £1000 ( 2022 - £1000 ) was owed by the directors to the company at the year end. The loan balance is disclosed within Debtors - amounts owed within one year. No interest is charged in respect of this loan which has no terms attaching to it. Demerara Property Investments Ltd The company owed Demerara Property Investments Ltd the sum of £1000 ( 2022 - £1000 ) at the year end. Demerara Property Investments Ltd is a wholly owned subsidiary of the company and as such the loan is disclosed within Creditors - amounts owed to group undertakings due within one year. No interest is charged in respect of this loan which has no terms attaching to it.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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