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REGISTERED NUMBER: 09438263 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

DKM ESTATES LIMITED

DKM ESTATES LIMITED (REGISTERED NUMBER: 09438263)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DKM ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: G R Goring
S E Hearn





REGISTERED OFFICE: Unit 9
Oldends Industrial Estate
Stonehouse
Gloucestershire
GL10 3RQ





REGISTERED NUMBER: 09438263 (England and Wales)





ACCOUNTANTS: Shiner Mitchell Fisher & Co Ltd
Smith House
George Street
Nailsworth
Stroud
Gloucestershire
GL6 0AG

DKM ESTATES LIMITED (REGISTERED NUMBER: 09438263)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,048,199 1,048,199

CURRENT ASSETS
Debtors 5 250,527 250,514
Cash at bank 344,482 8,813
595,009 259,327
CREDITORS
Amounts falling due within one year 6 45,986 51,855
NET CURRENT ASSETS 549,023 207,472
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,597,222

1,255,671

CREDITORS
Amounts falling due after more than one
year

7

305,120

340,621
NET ASSETS 1,292,102 915,050

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,292,002 914,950
SHAREHOLDERS' FUNDS 1,292,102 915,050

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 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.

DKM ESTATES LIMITED (REGISTERED NUMBER: 09438263)

BALANCE SHEET - continued
31 JANUARY 2024


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 8 August 2024 and were signed on its behalf by:





S E Hearn - Director


DKM ESTATES LIMITED (REGISTERED NUMBER: 09438263)

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

1. STATUTORY INFORMATION

Dkm Estates 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

the directors are of the opinion that the market value of the freehold property is not materially different from the cost shown in the financial statements.

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 February 2023
and 31 January 2024 1,048,199
NET BOOK VALUE
At 31 January 2024 1,048,199
At 31 January 2023 1,048,199

DKM ESTATES LIMITED (REGISTERED NUMBER: 09438263)

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

5. DEBTORS
31.1.24 31.1.23
£    £   
Amounts falling due within one year:
Other debtors 527 250,514

Amounts falling due after more than one year:
Amounts owed by group undertakings 250,000 -

Aggregate amounts 250,527 250,514

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 38,339 41,261
Trade creditors 91 -
Taxation and social security 5,861 8,899
Other creditors 1,695 1,695
45,986 51,855

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 305,120 340,621

8. RELATED PARTY DISCLOSURES

The company is 100% owned by its directors, Mr G Goring and Mr S Hearn.

The company has received an unsecured interest free loan during the period from DKM Sheet Metal Company Ltd of which Mr Goring and Mr Hearn are both directors and shareholders. The balance owing at 31st January 2024 was £250,000 (2023 - £nil).

The company rents premises on an arms length basis to DKM Sheet Metal Company Ltd which is under common control. The rent charged in the year was £61,000 (2023 - £61,000) and the balance owing at 31st January 2024 was £nil (2023 - £nil).