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Company Registration No. 11084908 (England and Wales)
DPL Property Limited Unaudited accounts for the year ended 28 February 2023
DPL Property Limited Unaudited accounts Contents
Page
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DPL Property Limited Company Information for the year ended 28 February 2023
Directors
Sharon Dawson Daniel Dawson
Company Number
11084908 (England and Wales)
Registered Office
9 LANCASTER CLOSE SHERBURN IN ELMET LEEDS LS25 6NS ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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DPL Property Limited Accountants' report
Accountants' report to the board of directors of DPL Property Limited on the preparation of the unaudited statutory accounts for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of DPL Property Limited for the year ended 28 February 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of DPL Property Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of DPL Property Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DPL Property Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that DPL Property Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of DPL Property Limited. You consider that DPL Property Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of DPL Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 21 August 2023
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DPL Property Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
441 
- 
Investment property
146,086 
5,780 
146,527 
5,780 
Current assets
Debtors
3,633 
- 
Cash at bank and in hand
33,776 
49 
37,409 
49 
Creditors: amounts falling due within one year
(166,626)
(35,383)
Net current liabilities
(129,217)
(35,334)
Total assets less current liabilities
17,310 
(29,554)
Creditors: amounts falling due after more than one year
(54,315)
- 
Net liabilities
(37,005)
(29,554)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(37,007)
(29,556)
Shareholders' funds
(37,005)
(29,554)
For the year ending 28 February 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 23 August 2023 and were signed on its behalf by
Sharon Dawson Director Company Registration No. 11084908
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DPL Property Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
DPL Property Limited is a private company, limited by shares, registered in England and Wales, registration number 11084908. The registered office is 9 LANCASTER CLOSE, SHERBURN IN ELMET, LEEDS, LS25 6NS, 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.
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.
Investment property
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% on cost
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2022
- 
Additions
441 
At 28 February 2023
441 
Depreciation
At 28 February 2023
- 
Net book value
At 28 February 2023
441 
5
Investment property
2023 
£ 
Fair value at 1 March 2022
5,780 
Additions
140,306 
At 28 February 2023
146,086 
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DPL Property Limited Notes to the Accounts for the year ended 28 February 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
256 
- 
Other debtors
3,377 
- 
3,633 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
165,376 
34,483 
Accruals
1,250 
900 
166,626 
35,383 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
54,315 
- 
Aggregate of amounts that fall due for payment after five years
54,315 
- 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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