8 November 2022 v2024.5.2 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsexbrli:purexbrli:sharesiso4217:GBP144711712022-11-082023-03-31144711712023-03-3114471171core:AfterOneYear2023-03-3114471171core:ShareCapital2023-03-3114471171bus:Director12022-11-082023-03-3114471171bus:RegisteredOffice2022-11-082023-03-3114471171core:LandBuildings2022-11-082023-03-3114471171core:LandBuildings2023-03-311447117112022-11-082023-03-3114471171countries:EnglandWales2022-11-082023-03-3114471171bus:AuditExemptWithAccountantsReport2022-11-082023-03-3114471171bus:PrivateLimitedCompanyLtd2022-11-082023-03-3114471171bus:SmallEntities2022-11-082023-03-3114471171bus:FullAccounts2022-11-082023-03-31
Company registration number:
14471171
Delrose House Properties Limited
Unaudited Filleted Financial Statements for the period ended
31 March 2023
Delrose House Properties Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of Delrose House Properties Limited
Period ended
31 March 2023
As described on the statement of financial position, the Board of Directors of
Delrose House Properties Limited
are responsible for the preparation of the
financial statements
for the period ended
31 March 2023
, which comprise the statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Alderton Accountancy Ltd
962 Eastern Avenue
Newbury Park
Ilford
Essex
IG2 7JD
United Kingdom
Date:
26 February 2024
Delrose House Properties Limited
Statement of Financial Position
31 March 2023
31 Mar 2023
Note£
Fixed assets  
Tangible assets 5
1,239,193
 
Total assets less current liabilities 1,239,193  
Creditors: amounts falling due after more than one year 6
(1,239,093
)
Net assets
100
 
Capital and reserves  
Called up share capital
100
 
Profit and loss account -  
Shareholders funds
100
 
For the period ending
31 March 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
These
financial statements
were approved by the board of directors and authorised for issue on
26 February 2024
, and are signed on behalf of the board by:
Mr J Singh
Director
Company registration number:
14471171
Delrose House Properties Limited
Notes to the Financial Statements
Period ended
31 March 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
962 Eastern Avenue
,
Ilford
,
IG2 7JD
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

4 Average number of employees

The average number of persons employed by the company during the period was Nil.

5 Tangible assets

Land and buildings
£
Cost  
At
8 November 2022
-  
Additions
1,239,193
 
At
31 March 2023
1,239,193
 
Depreciation  
At
8 November 2022
and
31 March 2023
-  
Carrying amount  
At
31 March 2023
1,239,193
 

6 Creditors: amounts falling due after more than one year

31 Mar 2023
£
Other creditors
1,239,093