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REGISTERED NUMBER: 11461646 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH DECEMBER 2022

FOR

DUNPHYS HOLDINGS LIMITED

DUNPHYS HOLDINGS LIMITED (REGISTERED NUMBER: 11461646)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH DECEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

DUNPHYS HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH DECEMBER 2022







DIRECTOR: L C Freilich





SECRETARY: B Grossman





REGISTERED OFFICE: 5 Sentinel Square
Hendon
London
NW4 2EL





REGISTERED NUMBER: 11461646 (England and Wales)





ACCOUNTANTS: The Paris Partnership LLP
Chartered Accountants
Russell House
140 High Street
Edgware
Middlesex
HA8 7LW

DUNPHYS HOLDINGS LIMITED (REGISTERED NUMBER: 11461646)

BALANCE SHEET
30TH DECEMBER 2022

2022 2021
Notes £    £   
FIXED ASSETS
Investments 4 645,828 645,828

CURRENT ASSETS
Cash in hand 2 2

CREDITORS
Amounts falling due within one year 5 (358,050 ) (156,250 )
NET CURRENT LIABILITIES (358,048 ) (156,248 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

287,780

489,580

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 7 287,778 489,578
SHAREHOLDERS' FUNDS 287,780 489,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17th November 2023 and were signed by:





L C Freilich - Director


DUNPHYS HOLDINGS LIMITED (REGISTERED NUMBER: 11461646)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH DECEMBER 2022


1. STATUTORY INFORMATION

Dunphys Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Interest payable
Interest payable is charged to the profit and loss account on an accruals basis.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction and where material are subsequently measured at amortised cost using the effective interest method, less any impairment.

Basic financial liabilities
Basic financial liabilities, including trade and other payables and loans from company undertakings that are classified as debt are initially measured at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at the market rate of interest .

Trade creditors are obligations to pay for goods or services that have been acquired that have been acquired in the ordinary course of business from suppliers. Accounts payables are classified as current liabilities if a payment is due within one year or less. If not, they are present as non current liabilities. Short term creditors are initially recognised at transaction price and where material are subsequently measured at amortised cost using the effective interest method

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

DUNPHYS HOLDINGS LIMITED (REGISTERED NUMBER: 11461646)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH DECEMBER 2022


4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 31st December 2021
and 30th December 2022 645,828
NET BOOK VALUE
At 30th December 2022 645,828
At 30th December 2021 645,828

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Dunphys Limited
Registered office: United Kingdom
Nature of business: Other engineering activities
%
Class of shares: holding
Ordinary 100.00

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 1,800 1,800
Amounts owed to group undertakings 265,888 65,888
Taxation and social security 23,296 23,296
Other creditors 67,066 65,266
358,050 156,250

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
2 Ordinary 1 2 2

7. RESERVES
Retained
earnings
£   

At 31st December 2021 489,578
Deficit for the year (1,800 )
Dividends (200,000 )
At 30th December 2022 287,778

DUNPHYS HOLDINGS LIMITED (REGISTERED NUMBER: 11461646)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH DECEMBER 2022


8. CONTINGENT LIABILITIES

The company joined a "VAT Group" during the year and as such is jointly and severally liable for the VAT
liabilities of the whole group.

9. RELATED PARTY DISCLOSURES

Moreland Estate Property Management Ltd

A company under common control


2022 2021
£    £   
Amount due to related party at the balance sheet date 44,372 -

Dunphys Limited

A company under common control


2022 2021
£    £   
Amount due to related party at the balance sheet date 21,516 -

Moreland Property Group Ltd

The parent company


The amount is repayable on demand.

2022 2021
£    £   
Amount due to related party at the balance sheet date 200,000 -

10. ULTIMATE PARENT COMPANY

The Moreland Property Group is regarded by the director as being the ultimate parent company.

ULTIMATE CONTROLLING PARTY

The director considers the ultimate controlling party of the company to be the board of the Moreland Property Group Limited.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DUNPHYS HOLDINGS LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dunphys Holdings Limited for the year ended 30th December 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Dunphys Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dunphys Holdings Limited and state those matters that we have agreed to state to the director of Dunphys Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dunphys Holdings Limited and its director for our work or for this report.

It is your duty to ensure that Dunphys Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Dunphys Holdings Limited. You consider that Dunphys Holdings 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 financial statements of Dunphys Holdings 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 financial statements.






The Paris Partnership LLP
Chartered Accountants
Russell House
140 High Street
Edgware
Middlesex
HA8 7LW


17th November 2023