0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 602,513 602,513 602,513 xbrli:pure xbrli:shares iso4217:GBP 11667969 2022-12-01 2023-11-30 11667969 2023-11-30 11667969 2022-11-30 11667969 2021-12-01 2022-11-30 11667969 2022-11-30 11667969 2021-11-30 11667969 bus:Director1 2022-12-01 2023-11-30 11667969 core:WithinOneYear 2023-11-30 11667969 core:WithinOneYear 2022-11-30 11667969 core:ShareCapital 2023-11-30 11667969 core:ShareCapital 2022-11-30 11667969 core:RetainedEarningsAccumulatedLosses 2023-11-30 11667969 core:RetainedEarningsAccumulatedLosses 2022-11-30 11667969 core:LandBuildings core:OwnedOrFreeholdAssets 2023-11-30 11667969 core:LandBuildings core:OwnedOrFreeholdAssets 2022-11-30 11667969 bus:SmallEntities 2022-12-01 2023-11-30 11667969 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 11667969 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 11667969 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11667969 bus:FullAccounts 2022-12-01 2023-11-30
COMPANY REGISTRATION NUMBER: 11667969
DN PROPERTY LIMITED
Filleted Unaudited Financial Statements
30 November 2023
DN PROPERTY LIMITED
Statement of Financial Position
30 November 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
4
602,513
602,513
Current assets
Cash at bank and in hand
22,610
100
Creditors: amounts falling due within one year
5
647,689
636,961
---------
---------
Net current liabilities
625,079
636,861
---------
---------
Total assets less current liabilities
( 22,566)
( 34,348)
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 22,666)
( 34,448)
--------
--------
Shareholders deficit
( 22,566)
( 34,348)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 27 July 2024 , and are signed on behalf of the board by:
Mr N Alija
Director
Company registration number: 11667969
DN PROPERTY LIMITED
Notes to the Financial Statements
Year ended 30 November 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Fairbrook Close, London, N13 6EZ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
As disclosed in the Statement of Financial Position on page 3, the company has a deficit of net assets. Of the creditors, £624,991 is to the associated company D N Construction Ltd. The directors have confirmed that no repayment would be demanded at least for the next twelve months. The directors have considered the trading requirements of the company for the period exceeding twelve months from the date of this report. Having regard to the above therefore, it is the opinion of the directors that the accounts be prepared on the going concern basis.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
4. Tangible assets
Freehold property
£
Cost
At 1 December 2022 and 30 November 2023
602,513
---------
Depreciation
At 1 December 2022 and 30 November 2023
---------
Carrying amount
At 30 November 2023
602,513
---------
At 30 November 2022
602,513
---------
5. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
647,689
636,961
---------
---------