Company Registration No. 09884830 (England and Wales)
DPPI Ltd
Unaudited accounts
for the year ended 31 March 2023
DPPI Ltd
Statement of financial position
as at 31 March 2023
Investment property
160,000
160,000
Cash at bank and in hand
51,838
16,842
Creditors: amounts falling due within one year
(2,490)
(3,327)
Net current assets
49,895
13,835
Total assets less current liabilities
209,895
173,835
Creditors: amounts falling due after more than one year
(148,826)
(98,826)
Provisions for liabilities
Deferred tax
(12,305)
(12,305)
Called up share capital
1
1
Revaluation reserve
58,460
58,460
Profit and loss account
(9,697)
4,243
Shareholders' funds
48,764
62,704
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 1 November 2023 and were signed on its behalf by
D. Pandit
Director
Company Registration No. 09884830
DPPI Ltd
Notes to the Accounts
for the year ended 31 March 2023
DPPI Ltd is a private company, limited by shares, registered in England and Wales, registration number 09884830. The registered office is 113 Barkby Road, Leicester, LE4 9LG, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
Fair value at 1 April 2022
160,000
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
227
Other creditors
2,490
3,100
DPPI Ltd
Notes to the Accounts
for the year ended 31 March 2023
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).