IRIS Accounts Production v23.3.0.418 08281966 director 1.2.23 31.1.24 31.1.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082819662023-01-31082819662024-01-31082819662023-02-012024-01-31082819662022-01-31082819662022-02-012023-01-31082819662023-01-3108281966ns10:Originalns15:EnglandWales2023-02-012024-01-3108281966ns14:PoundSterlingns10:Original2023-02-012024-01-3108281966ns10:Originalns10:Director12023-02-012024-01-3108281966ns10:Original2023-02-012024-01-3108281966ns10:Original2024-01-3108281966ns10:Originalns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108281966ns10:Originalns10:SmallEntities2023-02-012024-01-3108281966ns10:Originalns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108281966ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108281966ns10:SmallCompaniesRegimeForAccountsns10:Original2023-02-012024-01-3108281966ns10:Originalns10:AbridgedAccounts2023-02-012024-01-3108281966ns10:Originalns10:RegisteredOffice2023-02-012024-01-3108281966ns10:Original2023-01-3108281966ns10:Originalns5:CurrentFinancialInstruments2024-01-3108281966ns10:Originalns5:CurrentFinancialInstruments2023-01-3108281966ns5:ShareCapitalns10:Original2024-01-3108281966ns5:ShareCapitalns10:Original2023-01-3108281966ns10:Originalns5:RetainedEarningsAccumulatedLosses2024-01-3108281966ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3108281966ns10:Originalns5:PlantMachinery2023-02-012024-01-3108281966ns10:Originalns5:MotorVehicles2023-02-012024-01-3108281966ns10:Originalns5:ComputerEquipment2023-02-012024-01-3108281966ns10:Original2022-02-012023-01-3108281966ns10:Originalns5:LandBuildings2023-01-3108281966ns10:Originalns5:PlantMachinery2023-01-3108281966ns10:Originalns5:MotorVehicles2023-01-3108281966ns10:Originalns5:ComputerEquipment2023-01-3108281966ns10:Original2023-01-3108281966ns10:Originalns5:LandBuildings2023-02-012024-01-3108281966ns10:Originalns5:LandBuildings2024-01-3108281966ns10:Originalns5:PlantMachinery2024-01-3108281966ns10:Originalns5:MotorVehicles2024-01-3108281966ns10:Originalns5:ComputerEquipment2024-01-3108281966ns10:Originalns5:LandBuildings2023-01-3108281966ns10:Originalns5:PlantMachinery2023-01-3108281966ns10:Originalns5:MotorVehicles2023-01-3108281966ns10:Originalns5:ComputerEquipment2023-01-31
REGISTERED NUMBER: 08281966 (England and Wales)













DIRECT PROPERTIES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






DIRECT PROPERTIES LTD (REGISTERED NUMBER: 08281966)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


DIRECT PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr S J Eyles





REGISTERED OFFICE: 82 The Sycamores
Horbury
Wakefield
WF4 5QG





REGISTERED NUMBER: 08281966 (England and Wales)





ACCOUNTANTS: Harrison & Co
Chartered Accountants
531 Denby Dale Road West
Calder Grove
Wakefield
West Yorkshire
WF4 3ND

DIRECT PROPERTIES LTD (REGISTERED NUMBER: 08281966)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 92,004 94,704

CURRENT ASSETS
Debtors 600 1,220
Cash at bank 1,526 5,620
2,126 6,840
CREDITORS
Amounts falling due within one year 18,458 22,825
NET CURRENT LIABILITIES (16,332 ) (15,985 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,672

78,719

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 74,672 77,719
SHAREHOLDERS' FUNDS 75,672 78,719

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 4 March 2024 and were signed by:




Mr S J Eyles - Director


DIRECT PROPERTIES LTD (REGISTERED NUMBER: 08281966)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Direct Properties 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 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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 91,579 500 3,500 860 96,439
Disposals - - (3,500 ) - (3,500 )
At 31 January 2024 91,579 500 - 860 92,939
DEPRECIATION
At 1 February 2023 - - 875 860 1,735
Charge for year - 75 - - 75
Eliminated on disposal - - (875 ) - (875 )
At 31 January 2024 - 75 - 860 935
NET BOOK VALUE
At 31 January 2024 91,579 425 - - 92,004
At 31 January 2023 91,579 500 2,625 - 94,704