2022-04-012023-03-312023-03-31false12778332DALAL STREET PROPERTIES LIMITED2023-12-2468209iso4217:GBPxbrli:pure127783322022-04-01127783322023-03-31127783322022-04-012023-03-31127783322021-04-01127783322022-03-31127783322021-04-012022-03-3112778332bus:SmallEntities2022-04-012023-03-3112778332bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3112778332bus:AbridgedAccounts2022-04-012023-03-3112778332bus:PrivateLimitedCompanyLtd2022-04-012023-03-3112778332core:WithinOneYear2023-03-3112778332core:AfterOneYear2023-03-3112778332core:WithinOneYear2022-03-3112778332core:AfterOneYear2022-03-3112778332core:ShareCapital2023-03-3112778332core:SharePremium2023-03-3112778332core:RevaluationReserve2023-03-3112778332core:OtherReservesSubtotal2023-03-3112778332core:RetainedEarningsAccumulatedLosses2023-03-3112778332core:ShareCapital2022-03-3112778332core:SharePremium2022-03-3112778332core:RevaluationReserve2022-03-3112778332core:OtherReservesSubtotal2022-03-3112778332core:RetainedEarningsAccumulatedLosses2022-03-3112778332core:LandBuildings2023-03-3112778332core:PlantMachinery2023-03-3112778332core:Vehicles2023-03-3112778332core:FurnitureFittings2023-03-3112778332core:OfficeEquipment2023-03-3112778332core:NetGoodwill2023-03-3112778332core:IntangibleAssetsOtherThanGoodwill2023-03-3112778332core:ListedExchangeTraded2023-03-3112778332core:UnlistedNon-exchangeTraded2023-03-3112778332core:LandBuildings2022-03-3112778332core:PlantMachinery2022-03-3112778332core:Vehicles2022-03-3112778332core:FurnitureFittings2022-03-3112778332core:OfficeEquipment2022-03-3112778332core:NetGoodwill2022-03-3112778332core:IntangibleAssetsOtherThanGoodwill2022-03-3112778332core:ListedExchangeTraded2022-03-3112778332core:UnlistedNon-exchangeTraded2022-03-3112778332core:LandBuildings2022-04-012023-03-3112778332core:PlantMachinery2022-04-012023-03-3112778332core:Vehicles2022-04-012023-03-3112778332core:FurnitureFittings2022-04-012023-03-3112778332core:OfficeEquipment2022-04-012023-03-3112778332core:NetGoodwill2022-04-012023-03-3112778332core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112778332core:ListedExchangeTraded2022-04-012023-03-3112778332core:UnlistedNon-exchangeTraded2022-04-012023-03-3112778332core:MoreThanFiveYears2022-04-012023-03-3112778332core:Non-currentFinancialInstruments2023-03-3112778332core:Non-currentFinancialInstruments2022-03-3112778332dpl:CostSales2022-04-012023-03-3112778332dpl:DistributionCosts2022-04-012023-03-3112778332core:LandBuildings2022-04-012023-03-3112778332core:PlantMachinery2022-04-012023-03-3112778332core:Vehicles2022-04-012023-03-3112778332core:FurnitureFittings2022-04-012023-03-3112778332core:OfficeEquipment2022-04-012023-03-3112778332dpl:AdministrativeExpenses2022-04-012023-03-3112778332core:NetGoodwill2022-04-012023-03-3112778332core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112778332dpl:GroupUndertakings2022-04-012023-03-3112778332dpl:ParticipatingInterests2022-04-012023-03-3112778332dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3112778332core:ListedExchangeTraded2022-04-012023-03-3112778332dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3112778332core:UnlistedNon-exchangeTraded2022-04-012023-03-3112778332dpl:CostSales2021-04-012022-03-3112778332dpl:DistributionCosts2021-04-012022-03-3112778332core:LandBuildings2021-04-012022-03-3112778332core:PlantMachinery2021-04-012022-03-3112778332core:Vehicles2021-04-012022-03-3112778332core:FurnitureFittings2021-04-012022-03-3112778332core:OfficeEquipment2021-04-012022-03-3112778332dpl:AdministrativeExpenses2021-04-012022-03-3112778332core:NetGoodwill2021-04-012022-03-3112778332core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3112778332dpl:GroupUndertakings2021-04-012022-03-3112778332dpl:ParticipatingInterests2021-04-012022-03-3112778332dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3112778332core:ListedExchangeTraded2021-04-012022-03-3112778332dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3112778332core:UnlistedNon-exchangeTraded2021-04-012022-03-3112778332core:NetGoodwill2023-03-3112778332core:IntangibleAssetsOtherThanGoodwill2023-03-3112778332core:LandBuildings2023-03-3112778332core:PlantMachinery2023-03-3112778332core:Vehicles2023-03-3112778332core:FurnitureFittings2023-03-3112778332core:OfficeEquipment2023-03-3112778332core:AfterOneYear2023-03-3112778332core:WithinOneYear2023-03-3112778332core:ListedExchangeTraded2023-03-3112778332core:UnlistedNon-exchangeTraded2023-03-3112778332core:ShareCapital2023-03-3112778332core:SharePremium2023-03-3112778332core:RevaluationReserve2023-03-3112778332core:OtherReservesSubtotal2023-03-3112778332core:RetainedEarningsAccumulatedLosses2023-03-3112778332core:NetGoodwill2022-03-3112778332core:IntangibleAssetsOtherThanGoodwill2022-03-3112778332core:LandBuildings2022-03-3112778332core:PlantMachinery2022-03-3112778332core:Vehicles2022-03-3112778332core:FurnitureFittings2022-03-3112778332core:OfficeEquipment2022-03-3112778332core:AfterOneYear2022-03-3112778332core:WithinOneYear2022-03-3112778332core:ListedExchangeTraded2022-03-3112778332core:UnlistedNon-exchangeTraded2022-03-3112778332core:ShareCapital2022-03-3112778332core:SharePremium2022-03-3112778332core:RevaluationReserve2022-03-3112778332core:OtherReservesSubtotal2022-03-3112778332core:RetainedEarningsAccumulatedLosses2022-03-3112778332core:NetGoodwill2021-04-0112778332core:IntangibleAssetsOtherThanGoodwill2021-04-0112778332core:LandBuildings2021-04-0112778332core:PlantMachinery2021-04-0112778332core:Vehicles2021-04-0112778332core:FurnitureFittings2021-04-0112778332core:OfficeEquipment2021-04-0112778332core:AfterOneYear2021-04-0112778332core:WithinOneYear2021-04-0112778332core:ListedExchangeTraded2021-04-0112778332core:UnlistedNon-exchangeTraded2021-04-0112778332core:ShareCapital2021-04-0112778332core:SharePremium2021-04-0112778332core:RevaluationReserve2021-04-0112778332core:OtherReservesSubtotal2021-04-0112778332core:RetainedEarningsAccumulatedLosses2021-04-0112778332core:AfterOneYear2022-04-012023-03-3112778332core:WithinOneYear2022-04-012023-03-3112778332core:Non-currentFinancialInstrumentscore:CostValuation2022-04-012023-03-3112778332core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-012023-03-3112778332core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-012023-03-3112778332core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-012023-03-3112778332core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-012023-03-3112778332core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-012023-03-3112778332core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3112778332core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3112778332core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3112778332core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3112778332core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3112778332core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3112778332core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3112778332core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3112778332core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3112778332core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3112778332core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3112778332core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3112778332core:Non-currentFinancialInstrumentscore:CostValuation2022-03-3112778332core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-3112778332core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-3112778332core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-3112778332core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-3112778332core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-3112778332core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-3112778332core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-3112778332core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-3112778332bus:Director12022-04-012023-03-3112778332bus:Director22022-04-012023-03-31

DALAL STREET PROPERTIES LIMITED

Registered Number
12778332
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

DALAL STREET PROPERTIES LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

BOURNE, Joseph Albert
SHANBHAG, Siddharth

Registered Address

27 Old Gloucester Street
London
WC1N 3AX

Registered Number

12778332 (England and Wales)
DALAL STREET PROPERTIES LIMITED
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets5384,419290,000
384,419290,000
Current assets
Debtors40,518518
Cash at bank and on hand3,375108,146
43,893108,664
Creditors amounts falling due within one year(695)(330)
Net current assets (liabilities)43,198108,334
Total assets less current liabilities427,617398,334
Creditors amounts falling due after one year(441,179)(404,859)
Provisions for liabilities(7,498)(7,498)
Net assets(21,060)(14,023)
Capital and reserves
Called up share capital2020
Profit and loss account(21,080)(14,043)
Shareholders' funds(21,060)(14,023)
The financial statements were approved and authorised for issue by the Board of Directors on 24 December 2023, and are signed on its behalf by:
BOURNE, Joseph Albert
Director
Registered Company No. 12778332
DALAL STREET PROPERTIES LIMITED
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
4.Employee information

20232022
Average number of employees during the year00
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 April 22290,000
Additions94,419
At 31 March 23384,419
Net book value
At 31 March 23384,419
At 31 March 22290,000