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REGISTERED NUMBER: 11368961 (England and Wales)















Unaudited Financial Statements for the Year Ended 27 December 2023

for

DGH18 Ltd

DGH18 Ltd (Registered number: 11368961)






Contents of the Financial Statements
for the Year Ended 27 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DGH18 Ltd

Company Information
for the Year Ended 27 December 2023







DIRECTOR: P Doran





REGISTERED OFFICE: 67 Westow Street
London
SE19 3RW





REGISTERED NUMBER: 11368961 (England and Wales)






DGH18 Ltd (Registered number: 11368961)

Balance Sheet
27 December 2023

27.12.23 27.12.22
Notes £    £   
FIXED ASSETS
Investments 5 601,883 601,883
Investment property 6 792,810 792,810
1,394,693 1,394,693

CURRENT ASSETS
Cash at bank and in hand 143 1,164

CREDITORS
Amounts falling due within one year 7 (5,827,583 ) (5,804,087 )
NET CURRENT LIABILITIES (5,827,440 ) (5,802,923 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,432,747

)

(4,408,230

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (4,432,847 ) (4,408,330 )
SHAREHOLDERS' FUNDS (4,432,747 ) (4,408,230 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 August 2024 and were signed by:





P Doran - Director


DGH18 Ltd (Registered number: 11368961)

Notes to the Financial Statements
for the Year Ended 27 December 2023

1. STATUTORY INFORMATION

DGH18 Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

DGH18 Ltd (Registered number: 11368961)

Notes to the Financial Statements - continued
for the Year Ended 27 December 2023

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 28 December 2022
and 27 December 2023 601,883
NET BOOK VALUE
At 27 December 2023 601,883
At 27 December 2022 601,883

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 28 December 2022
and 27 December 2023 792,810
NET BOOK VALUE
At 27 December 2023 792,810
At 27 December 2022 792,810

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.12.23 27.12.22
£    £   
Bank loans and overdrafts 311,780 350,727
Amounts owed to group undertakings 568,962 568,962
Taxation and social security 42,983 66,571
Other creditors 4,903,858 4,817,827
5,827,583 5,804,087