IRIS Accounts Production v23.4.0.336 09844072 Board of Directors Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098440722022-10-31098440722023-10-31098440722022-11-012023-10-31098440722021-10-31098440722021-11-012022-10-31098440722022-10-3109844072ns15:EnglandWales2022-11-012023-10-3109844072ns14:PoundSterling2022-11-012023-10-3109844072ns10:Director12022-11-012023-10-3109844072ns10:Director22022-11-012023-10-3109844072ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3109844072ns10:SmallEntities2022-11-012023-10-3109844072ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3109844072ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3109844072ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3109844072ns10:FullAccounts2022-11-012023-10-3109844072ns10:RegisteredOffice2022-11-012023-10-3109844072ns5:CurrentFinancialInstruments2023-10-3109844072ns5:CurrentFinancialInstruments2022-10-3109844072ns5:Non-currentFinancialInstruments2023-10-3109844072ns5:Non-currentFinancialInstruments2022-10-3109844072ns5:ShareCapital2023-10-3109844072ns5:ShareCapital2022-10-3109844072ns5:RetainedEarningsAccumulatedLosses2023-10-3109844072ns5:RetainedEarningsAccumulatedLosses2022-10-3109844072ns5:PlantMachinery2022-11-012023-10-3109844072ns5:PlantMachinery2022-10-3109844072ns5:PlantMachinery2023-10-3109844072ns5:PlantMachinery2022-10-3109844072ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3109844072ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31
REGISTERED NUMBER: 09844072 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST OCTOBER 2023

FOR

DLC PROPERTIES LIMITED

DLC PROPERTIES LIMITED (REGISTERED NUMBER: 09844072)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DLC PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2023







DIRECTORS: D Garvey
Mrs L. Garvey





REGISTERED OFFICE: 225 London Road
Burgess Hill
West Sussex
RH15 9QU





REGISTERED NUMBER: 09844072 (England and Wales)





ACCOUNTANTS: Peter Lawson & Co.
225 London Road
Burgess Hill
West Sussex
RH15 9QU

DLC PROPERTIES LIMITED (REGISTERED NUMBER: 09844072)

BALANCE SHEET
31ST OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,367 15,156

CURRENT ASSETS
Debtors 5 350 844
Cash at bank 72,781 151,795
73,131 152,639
CREDITORS
Amounts falling due within one year 6 80,393 161,513
NET CURRENT LIABILITIES (7,262 ) (8,874 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,105

6,282

CREDITORS
Amounts falling due after more than one year 7 - (150 )

PROVISIONS FOR LIABILITIES (2,160 ) (2,880 )
NET ASSETS 1,945 3,252

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,943 3,250
SHAREHOLDERS' FUNDS 1,945 3,252

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DLC PROPERTIES LIMITED (REGISTERED NUMBER: 09844072)

BALANCE SHEET - continued
31ST OCTOBER 2023


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 Board of Directors and authorised for issue on 28th February 2024 and were signed on its behalf by:




D Garvey - Director



Mrs L. Garvey - Director


DLC PROPERTIES LIMITED (REGISTERED NUMBER: 09844072)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023

1. STATUTORY INFORMATION

DLC Properties 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

DLC PROPERTIES LIMITED (REGISTERED NUMBER: 09844072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st November 2022
and 31st October 2023 27,411
DEPRECIATION
At 1st November 2022 12,255
Charge for year 3,789
At 31st October 2023 16,044
NET BOOK VALUE
At 31st October 2023 11,367
At 31st October 2022 15,156

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 350 844

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 2,236 2,234
Other creditors 78,157 159,279
80,393 161,513

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts - 150

8. CAPITAL COMMITMENTS
2023 2022
£    £   
Contracted but not provided for in the
financial statements - -

9. ULTIMATE CONTROLLING PARTY

The controlling parties are Mr D. Garvey and Mrs L. Garvey jointly.