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REGISTERED NUMBER: 03876965 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

DE COURCEY PROPERTIES LIMITED

DE COURCEY PROPERTIES LIMITED (REGISTERED NUMBER: 03876965)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

DE COURCEY PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: P De Courcey
C De Courcey
D De Courcey





REGISTERED OFFICE: 205 Dollis Hill Lane
Cricklewood
London
NW2 6EY





REGISTERED NUMBER: 03876965 (England and Wales)





ACCOUNTANTS: Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL

DE COURCEY PROPERTIES LIMITED (REGISTERED NUMBER: 03876965)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 4,571,924 4,571,924

CURRENT ASSETS
Debtors 5 70,000 20,000
Cash at bank 37,535 80,212
107,535 100,212
CREDITORS
Amounts falling due within one year 6 13,944 9,740
NET CURRENT ASSETS 93,591 90,472
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,665,515

4,662,396

CREDITORS
Amounts falling due after more than one
year

7

3,154,870

3,160,623
NET ASSETS 1,510,645 1,501,773

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 1,100,000 1,100,000
Retained earnings 410,545 401,673
SHAREHOLDERS' FUNDS 1,510,645 1,501,773

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DE COURCEY PROPERTIES LIMITED (REGISTERED NUMBER: 03876965)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 Board of Directors and authorised for issue on 19 June 2024 and were signed on its behalf by:





D De Courcey - Director


DE COURCEY PROPERTIES LIMITED (REGISTERED NUMBER: 03876965)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

De Courcey Properties Limited 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 as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 4,571,924
NET BOOK VALUE
At 30 November 2023 4,571,924
At 30 November 2022 4,571,924

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 70,000 20,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 7,550 5,469
Other creditors 6,394 4,271
13,944 9,740

DE COURCEY PROPERTIES LIMITED (REGISTERED NUMBER: 03876965)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 3,154,870 3,160,623

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,154,870 3,160,623

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 3,154,870 3,160,623

9. RESERVES
Revaluation
reserve
£   
At 1 December 2022
and 30 November 2023 1,100,000

DE COURCEY PROPERTIES LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
DE COURCEY PROPERTIES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2023 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL


19 June 2024