Company Registration No. 09128597 (England and Wales)
Dhillon Brothers Properties Limited
Unaudited accounts
for the year ended 30 November 2023
Dhillon Brothers Properties Limited
Unaudited accounts
Contents
Dhillon Brothers Properties Limited
Company Information
for the year ended 30 November 2023
Director
Mr Manga Singh Dhillon
Company Number
09128597 (England and Wales)
Registered Office
Unit B Endeavour Park
London Road
Addington West Malling
Kent
ME19 5SH
England
Dhillon Brothers Properties Limited
Statement of financial position
as at 30 November 2023
Investment property
410,000
255,000
Cash at bank and in hand
54,934
52,180
Creditors: amounts falling due within one year
(21,240)
(19,837)
Net current assets
35,649
34,298
Total assets less current liabilities
445,649
289,298
Creditors: amounts falling due after more than one year
(402,239)
(257,337)
Called up share capital
2
2
Profit and loss account
43,408
31,959
Shareholders' funds
43,410
31,961
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 February 2024 and were signed on its behalf by
Mr Manga Singh Dhillon
Director
Company Registration No. 09128597
Dhillon Brothers Properties Limited
Notes to the Accounts
for the year ended 30 November 2023
Dhillon Brothers Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 09128597. The registered office is Unit B Endeavour Park, London Road, Addington West Malling, Kent, ME19 5SH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 December 2022
255,000
At 30 November 2023
410,000
The property has been valued at £255,000 based on current yields and prevailing interest rates.
Amounts falling due within one year
Deferred tax asset
1,235
1,235
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,098
9,849
Amounts owed to group undertakings and other participating interests
4,747
4,747
Taxes and social security
4,364
3,211
Loans from directors
85
85
Dhillon Brothers Properties Limited
Notes to the Accounts
for the year ended 30 November 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
385,725
230,725
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).