Deckstone Developments Ltd 07177070 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is property development. Digita Accounts Production Advanced 6.30.9574.0 true 07177070 2023-04-01 2024-03-31 07177070 2024-03-31 07177070 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07177070 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 07177070 bus:SmallEntities 2023-04-01 2024-03-31 07177070 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07177070 bus:FilletedAccounts 2023-04-01 2024-03-31 07177070 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07177070 bus:RegisteredOffice 2023-04-01 2024-03-31 07177070 bus:Director1 2023-04-01 2024-03-31 07177070 bus:Director2 2023-04-01 2024-03-31 07177070 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07177070 countries:EnglandWales 2023-04-01 2024-03-31 07177070 2023-03-31 07177070 2022-04-01 2023-03-31 07177070 2023-03-31 07177070 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07177070 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 07177070

Report of the Director and


Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

for
 

Deckstone Developments Ltd

 

Deckstone Developments Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Deckstone Developments Ltd

Company Information

Directors:

B T Jenkinson

J Doran

Registered office:

Savoy House
Savoy Circus
London
W3 7DA

Registered number:

07177070

Accountants:

Wem & Co
Chartered Accountants
Savoy House
Savoy Circus
London
W3 7DA

 

Deckstone Developments Ltd

(Registration number: 07177070)
Balance Sheet as at 31 March 2024

Note

31.03.24

31.03.23

   

£

£

£

£

FIXED ASSETS

   

 

Investment property

4

 

475,000

 

440,000

CREDITORS

   

 

Creditors within 1yr

5

 

4,557

 

4,550

Total assets less current liabilities

   

470,443

 

435,450

Creditors
Amounts falling due after more than one year

5

 

161,824

 

174,862

PROVISIONS FOR LIABILITIES

 

(31,998)

 

(23,248)

Net assets

   

276,621

 

237,340

CAPITAL AND RESERVES

   

 

Called up share capital

 

1

 

1

Investment property reserve

 

148,208

 

121,958

Profit and loss account

 

128,412

 

115,381

Shareholders' funds

   

276,621

 

237,340

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 August 2024

.........................................
B T Jenkinson
Director

 

Deckstone Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1.

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Savoy House
Savoy Circus
London
W3 7DA
England

These financial statements were authorised for issue by the Board on 10 August 2024.

2.

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency is Pound Sterling (£).

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Deckstone Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

2

Accounting policies (continued)

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.

Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0).

4.

Investment property

31.03.24
£

At 1 April

440,000

Fair value adjustments

35,000

At 31 March

475,000

Investment property was valued at the year-end on an open market basis by the directors.

Fair value adjustment at the year end is represented by investment property cost £294,794 plus fair value adjustment £180,206 total £475,000
 

 

Deckstone Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

5.

Creditors

Creditors: amounts falling due within one year

31.03.24
£

31.03.23
£

Due within one year

Taxation and social security

3,057

2,966

Accruals and deferred income

816

1,500

Other creditors

684

84

4,557

4,550

Creditors: amounts falling due after more than one year

31.03.24
£

31.03.23
£

Due after one year

Other creditors

161,824

174,862

Included in other creditors is £161,824 (23: £174,862) owed to the parent company. No interest or repayment terms have been set.

6.

Reserves

Investment
property
reserve
£

At 1 April 2023

121,958

Movement in year

26,250

At 31 March 2024

148,208

The property reserve is non-distributable.