Registered number
03498856
DE-VILLE ACCOMMODATION LIMITED
Filleted Accounts
28 February 2023
DE-VILLE ACCOMMODATION LIMITED
Registered number: 03498856
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 3,145,000 3,145,000
Current assets
Debtors 4 713 666
Cash at bank and in hand 256,315 189,498
257,028 190,164
Creditors: amounts falling due within one year 5 (45,856) (43,571)
Net current assets 211,172 146,593
Total assets less current liabilities 3,356,172 3,291,593
Provisions for liabilities (194,049) (149,757)
Net assets 3,162,123 3,141,836
Capital and reserves
Called up share capital 2 2
Profit and loss account 3,162,121 3,141,834
Shareholders' funds 3,162,123 3,141,836
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
R J Damant
Director
Approved by the board on 21 September 2023
DE-VILLE ACCOMMODATION LIMITED
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover comprises rents receivable from properties under management.
Tangible fixed assets
Tangible fixed assets, with the exception of investment properties, are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than investment properties, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Furniture, fixtures and fittings over 4 years
Investment properties
Investment properties are measured at fair value. Changes in fair value are shown in the profit and loss account. Deferred tax is provided at the rate expected to apply on a future sale.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued investment properties where the tax rate considered likely to apply to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 March 2022 3,145,000 11,091 3,156,091
At 28 February 2023 3,145,000 11,091 3,156,091
Depreciation
At 1 March 2022 - 11,091 11,091
At 28 February 2023 - 11,091 11,091
Net book value
At 28 February 2023 3,145,000 - 3,145,000
At 28 February 2022 3,145,000 - 3,145,000
Freehold land and buildings: 2023 2022
£ £
Historical cost 1,841,805 1,841,805
4 Debtors 2023 2022
£ £
Other debtors 713 666
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 33,046 32,397
Other creditors 12,810 11,174
45,856 43,571
6 Controlling party
The company has no individual controlling party.
7 Other information
DE-VILLE ACCOMMODATION LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
370 Scraptoft Lane
Leicester
LE5 1PD
DE-VILLE ACCOMMODATION LIMITED 03498856 false 2022-03-01 2023-02-28 2023-02-28 VT Final Accounts April 2022 R J Damant No description of principal activity 03498856 2021-03-01 2022-02-28 03498856 core:WithinOneYear 2022-02-28 03498856 core:ShareCapital 2022-02-28 03498856 core:RetainedEarningsAccumulatedLosses 2022-02-28 03498856 2022-03-01 2023-02-28 03498856 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 03498856 bus:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 03498856 bus:Director40 2022-03-01 2023-02-28 03498856 1 2022-03-01 2023-02-28 03498856 2 2022-03-01 2023-02-28 03498856 countries:England 2022-03-01 2023-02-28 03498856 bus:FRS102 2022-03-01 2023-02-28 03498856 bus:FullAccounts 2022-03-01 2023-02-28 03498856 2023-02-28 03498856 core:WithinOneYear 2023-02-28 03498856 core:ShareCapital 2023-02-28 03498856 core:RetainedEarningsAccumulatedLosses 2023-02-28 03498856 core:LandBuildings 2023-02-28 03498856 core:PlantMachinery 2023-02-28 03498856 2022-02-28 03498856 core:LandBuildings 2022-02-28 03498856 core:PlantMachinery 2022-02-28 iso4217:GBP xbrli:pure