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REGISTERED NUMBER: 07269901 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

DCJ PROPERTIES LIMITED

DCJ PROPERTIES LIMITED (REGISTERED NUMBER: 07269901)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DCJ PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mrs B Draven
C Draven
J Draven





REGISTERED OFFICE: 61 Station Road
Sudbury
Suffolk
CO10 2SP





REGISTERED NUMBER: 07269901 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

DCJ PROPERTIES LIMITED (REGISTERED NUMBER: 07269901)

BALANCE SHEET
30 JUNE 2024

30.6.23 30.6.24
£    £    Notes £    £   
FIXED ASSETS
21,073 Tangible assets 4 16,736
2,230,000 Investment property 5 2,400,000
2,251,073 2,416,736

CURRENT ASSETS
687 Debtors 6 143
46,008 Cash at bank 37,607
46,695 37,750
CREDITORS
19,616 Amounts falling due within one year 7 16,778
27,079 NET CURRENT ASSETS 20,972
2,278,152 TOTAL ASSETS LESS CURRENT
LIABILITIES

2,437,708

CREDITORS
(757,488 ) Amounts falling due after more than one
year

8

(712,239

)

(148,457 ) PROVISIONS FOR LIABILITIES (237,807 )
1,372,207 NET ASSETS 1,487,662

DCJ PROPERTIES LIMITED (REGISTERED NUMBER: 07269901)

BALANCE SHEET - continued
30 JUNE 2024

30.6.23 30.6.24
£    £    Notes £    £   
CAPITAL AND RESERVES
100 Called up share capital 9 100
938,069 Fair value reserve 10 1,018,736
434,038 Retained earnings 10 468,826
1,372,207 SHAREHOLDERS' FUNDS 1,487,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 27 August 2024 and were signed on its behalf by:





C Draven - Director


DCJ PROPERTIES LIMITED (REGISTERED NUMBER: 07269901)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

DCJ 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents the value of rents receivable during the year, by reference to invoiced rents and the movement between opening and closing trade debtor balances.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 10% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

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

Financial instruments
the company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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.


DCJ PROPERTIES LIMITED (REGISTERED NUMBER: 07269901)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
Totals property fittings equipment
£    £    £    £   
COST
At 1 July 2023 50,855 42,137 7,232 1,486
Additions 396 - 125 271
At 30 June 2024 51,251 42,137 7,357 1,757
DEPRECIATION
At 1 July 2023 29,782 21,877 6,510 1,395
Charge for year 4,733 4,214 385 134
At 30 June 2024 34,515 26,091 6,895 1,529
NET BOOK VALUE
At 30 June 2024 16,736 16,046 462 228
At 30 June 2023 21,073 20,260 722 91

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 2,230,000
Revaluations 170,000
At 30 June 2024 2,400,000
NET BOOK VALUE
At 30 June 2024 2,400,000
At 30 June 2023 2,230,000

Investment property was valued on an open market basis on 30 June 2024 by the directors.

DCJ PROPERTIES LIMITED (REGISTERED NUMBER: 07269901)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. INVESTMENT PROPERTY - continued

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2014 150,675
Valuation in 2016 615,131
Valuation in 2017 60,000
Valuation in 2019 30,000
Valuation in 2020 7,000
Valuation in 2022 223,565
Valuation in 2024 170,000
Cost 1,143,629
2,400,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 143 687

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 12,473 16,396
Other creditors 4,305 3,220
16,778 19,616

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 712,239 757,488

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1 100 100

DCJ PROPERTIES LIMITED (REGISTERED NUMBER: 07269901)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

10. RESERVES

Included within reserves is a fair value reserve, which has been created through the process of revaluing the investment property held to its open market value each year. The reserve is also adjusted annually for any movements in deferred tax.

In accordance with FRS102, the fair value reserve is a 'non-distributable' reserve and is separately disclosed in the balance sheet.