2022-07-01 05518897 2023-06-30 05518897 2022-07-01 2023-06-30 05518897 2022-06-30 05518897 2021-07-01 2022-06-30 05518897 uk-core:WithinOneYear 2022-06-30 05518897 uk-core:WithinOneYear 2023-06-30 05518897 uk-core:AfterOneYear 2022-06-30 05518897 uk-core:AfterOneYear 2023-06-30 05518897 uk-core:ShareCapital 2023-06-30 05518897 uk-core:ShareCapital 2022-06-30 05518897 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 05518897 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 05518897 uk-bus:Director1 2022-07-01 2023-06-30 05518897 uk-core:PlantMachinery 2022-07-01 2023-06-30 05518897 uk-core:AfterOneYear uk-core:Secured 2023-06-30 05518897 uk-core:AfterOneYear uk-core:Secured 2022-06-30 iso4217:GBP xbrli:pure 05518897 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 05518897 uk-bus:FRS102 2022-07-01 2023-06-30 05518897 uk-bus:FullAccounts 2022-07-01 2023-06-30 05518897 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
DL Management Limited
Registered Number:05518897
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2023
DL Management Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
05518897
As at 30 June 2023
DL Management Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
2,790
3,089
2
3
1,055,500
740,000
Investment property
1,058,290
743,089
Current assets
Trade and other receivables
716
1,073
4
39,986
Cash and cash equivalents
59,280
60,353
40,702
Trade and other payables: amounts falling due within one
year
(206,077)
(192,937)
5
(165,375)
(132,584)
Net current liabilities
Total assets less current liabilities
925,706
577,714
Trade and other payables: amounts falling due after more
than one year
(221,599)
(484,891)
6
(44,294)
(44,350)
Provisions for liabilities
396,521
Net assets
311,765
Capital and reserves
Called up share capital
1
1
Retained earnings
396,520
311,764
396,521
311,765
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
05518897
For the year ended 30 June 2023
DL Management Limited
Statement of Financial Position Continued
Mr Dean Paul Neal Director
These financial statements were approved and authorised for issue by the Board on 22 September 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 30 June 2023
DL Management Limited
Notes to the Financial Statements
Statutory Information
DL Management Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05518897.
Registered address:
42 Staples Close
Clevedon
North Somerset
BS21 5BP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
15 Reducing balance
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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6
For the year ended 30 June 2023
DL Management Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 July 2022
10,139
194
Additions
At 30 June 2023
10,333
Provision for depreciation and impairment
At 01 July 2022
7,050
Charge for year
493
At 30 June 2023
7,543
At 30 June 2023
Net book value
2,790
At 30 June 2022
3,089
In respect of certain fixed assets stated at valuations, the comparable historical cost and depreciation values are as
follows:
Historical cost
£
8,100
At 01 July 2022
Depreciation
6,505
At 01 July 2022
At 30 June 2023
6,505
1,595
Net historical cost value:
At 30 June 2022
At 30 June 2023
1,595
3. Investment property
Total
£
Fair value
At 01 July 2022
740,000
Additions
232,090
Fair value adjustments
83,410
At 30 June 2023
1,055,500
Net book value
At 30 June 2023
1,055,500
At 30 June 2022
740,000
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7
For the year ended 30 June 2023
DL Management Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2022
2023
£
£
Other debtors
1,073
716
The debtors above include the following amounts falling due after more than one year:
Other debtors
1,073
716
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
(1)
1
Taxation and social security
390
1,592
Other creditors
192,548
204,484
192,937
206,077
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
484,891
221,599
7. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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