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REGISTERED NUMBER: 10275408 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

DANIEL DESMOND PROPERTIES LTD

DANIEL DESMOND PROPERTIES LTD (REGISTERED NUMBER: 10275408)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DANIEL DESMOND PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: D Honeyball





SECRETARY:





REGISTERED OFFICE: Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB





REGISTERED NUMBER: 10275408 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

DANIEL DESMOND PROPERTIES LTD (REGISTERED NUMBER: 10275408)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 551,480 553,487

CURRENT ASSETS
Cash at bank and in hand 6,056 3,650

CREDITORS
Amounts falling due within one year 5 217,682 206,358
NET CURRENT LIABILITIES (211,626 ) (202,708 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

339,854

350,779

CREDITORS
Amounts falling due after more than one
year

6

424,037

442,918
NET LIABILITIES (84,183 ) (92,139 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (84,283 ) (92,239 )
SHAREHOLDERS' FUNDS (84,183 ) (92,139 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 January 2024 and were signed by:




D Honeyball - Director


DANIEL DESMOND PROPERTIES LTD (REGISTERED NUMBER: 10275408)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Daniel Desmond 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 NIL (2022 - NIL).

DANIEL DESMOND PROPERTIES LTD (REGISTERED NUMBER: 10275408)

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

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Computer
property property fittings equipment Totals
£    £    £    £    £   
COST
At 1 August 2022
and 31 July 2023 375,587 165,132 15,125 3,594 559,438
DEPRECIATION
At 1 August 2022 - - 4,197 1,754 5,951
Charge for year - - 1,639 368 2,007
At 31 July 2023 - - 5,836 2,122 7,958
NET BOOK VALUE
At 31 July 2023 375,587 165,132 9,289 1,472 551,480
At 31 July 2022 375,587 165,132 10,928 1,840 553,487

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts 215,042 203,958
Accruals and deferred income 2,640 2,400
217,682 206,358

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans more 5 yr by instal 29,590 39,352
Bank loans more 5 yrs non-inst 394,447 403,566
424,037 442,918

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 394,447 403,566

Repayable by instalments
Bank loans more 5 yr by instal 29,590 39,352