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REGISTERED NUMBER: 12672860 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

DS LAND AND DEVELOPMENT LTD

DS LAND AND DEVELOPMENT LTD (REGISTERED NUMBER: 12672860)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DS LAND AND DEVELOPMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: Miss D M Smith





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 12672860 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

DS LAND AND DEVELOPMENT LTD (REGISTERED NUMBER: 12672860)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 21,260 25,577
Investment property 5 349,904 320,704
371,164 346,281

CURRENT ASSETS
Debtors 6 815 300
Cash at bank and in hand 26,586 3,258
27,401 3,558
CREDITORS
Amounts falling due within one year 7 53,302 194,472
NET CURRENT LIABILITIES (25,901 ) (190,914 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

345,263

155,367

CREDITORS
Amounts falling due after more than one
year

8

429,593

225,631
NET LIABILITIES (84,330 ) (70,264 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (84,430 ) (70,364 )
SHAREHOLDERS' FUNDS (84,330 ) (70,264 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

DS LAND AND DEVELOPMENT LTD (REGISTERED NUMBER: 12672860)

BALANCE SHEET - continued
30 JUNE 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2024 and were signed by:





Miss D M Smith - Director


DS LAND AND DEVELOPMENT LTD (REGISTERED NUMBER: 12672860)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

DS Land and Development Ltd 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 represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts 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.
Fixtures, fittings & equipment - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

DS LAND AND DEVELOPMENT LTD (REGISTERED NUMBER: 12672860)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. PROPERTY, PLANT AND EQUIPMENT
Fixtures,
fittings
& equipment
£   
COST
At 1 July 2022 33,642
Additions 998
At 30 June 2023 34,640
DEPRECIATION
At 1 July 2022 8,065
Charge for year 5,315
At 30 June 2023 13,380
NET BOOK VALUE
At 30 June 2023 21,260
At 30 June 2022 25,577

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022 320,704
Additions 29,200
At 30 June 2023 349,904
NET BOOK VALUE
At 30 June 2023 349,904
At 30 June 2022 320,704

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 815 300

DS LAND AND DEVELOPMENT LTD (REGISTERED NUMBER: 12672860)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts (see note 9) - 116,321
Trade creditors - 1,080
Social security and other taxes 35 60
Net salary - 1,748
Other creditors - 12,000
Amounts due to related parties 49,431 49,431
Directors' current accounts 836 12,752
Accrued expenses 3,000 1,080
53,302 194,472

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans (see note 9) 429,593 225,631

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 429,593 225,631

9. LOANS

An analysis of the maturity of loans is given below:

30.6.23 30.6.22
£    £   
Amounts falling due within one year or on demand:
Bank loans - 116,321

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 429,593 225,631

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
100 Ordinary 1 100 100