Company Registration No. 13747919 (England and Wales)
Daisy's Property Investments Limited
Unaudited accounts
for the year ended 30 November 2023
Daisy's Property Investments Limited
Unaudited accounts
Contents
Daisy's Property Investments Limited
Company Information
for the year ended 30 November 2023
Company Number
13747919 (England and Wales)
Registered Office
84 QUICKS ROAD
LONDON
SW19 1EX
ENGLAND
Daisy's Property Investments Limited
Statement of financial position
as at 30 November 2023
Investment property
3,440,000
2,107,508
Cash at bank and in hand
898
7,354
Creditors: amounts falling due within one year
(1,933)
(7,392)
Net current liabilities
(1,035)
(38)
Total assets less current liabilities
3,438,965
2,107,470
Creditors: amounts falling due after more than one year
(2,639,143)
(2,143,133)
Provisions for liabilities
Net assets/(liabilities)
596,533
(35,663)
Called up share capital
1
1
Profit and loss account
596,532
(35,664)
Shareholders' funds
596,533
(35,663)
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 15 June 2024 and were signed on its behalf by
Zahoor Ahmed
Director
Company Registration No. 13747919
Daisy's Property Investments Limited
Notes to the Accounts
for the year ended 30 November 2023
Daisy's Property Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 13747919. The registered office is 84 QUICKS ROAD, LONDON, SW19 1EX, 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
2,107,508
Net gain from fair value adjustments
883,866
At 30 November 2023
3,440,000
The director has assessed the assets of the company and concluded that they meet the definition of investment properties under FRS102. In accordance with the provisions of FRS102, these have been revalued and the income taken through the income statement
5
Creditors: amounts falling due within one year
2023
2022
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,361,814
978,487
Other creditors
792,026
700,493
Loans from directors
485,303
464,153
Aggregate of amounts that fall due for payment after five years
2,622,452
2,143,133
The loans is secured on the assets of company
Daisy's Property Investments Limited
Notes to the Accounts
for the year ended 30 November 2023
7
Average number of employees
During the year the average number of employees was 1 (2022: 0).