2022-09-01 09754584 2024-02-29 09754584 2022-09-01 2024-02-29 09754584 2022-08-31 09754584 2021-09-01 2022-08-31 09754584 uk-core:WithinOneYear 2022-08-31 09754584 uk-core:WithinOneYear 2024-02-29 09754584 uk-core:AfterOneYear 2022-08-31 09754584 uk-core:AfterOneYear 2024-02-29 09754584 uk-core:ShareCapital 2024-02-29 09754584 uk-core:ShareCapital 2022-08-31 09754584 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 09754584 uk-core:RetainedEarningsAccumulatedLosses 2022-08-31 09754584 uk-bus:Director1 2022-09-01 2024-02-29 09754584 uk-bus:Director2 2022-09-01 2024-02-29 iso4217:GBP xbrli:pure 09754584 uk-bus:AuditExemptWithAccountantsReport 2022-09-01 2024-02-29 09754584 uk-bus:FRS102 2022-09-01 2024-02-29 09754584 uk-bus:FilletedAccounts 2022-09-01 2024-02-29 09754584 uk-bus:PrivateLimitedCompanyLtd 2022-09-01 2024-02-29
DE Property Limited
Registered Number:09754584
For the period ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
09754584
As at 29 February 2024
DE Property Limited
Statement of Financial Position
£
£
2022
2024
Notes
Current assets
Inventories
550,766
-
2
30,759
Cash and cash equivalents
6,608
6,608
581,525
Trade and other payables: amounts falling due within one year
(489,935)
(6,507)
3
91,590
101
Net current assets
Total assets less current liabilities
101
91,590
Trade and other payables: amounts falling due after more than one
year
(101,185)
-
4
101
Net assets/liabilities
(9,595)
Capital and reserves
Called up share capital
100
100
Retained earnings
1
(9,695)
101
(9,595)
Shareholders' funds
For the period ended 29 February 2024 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 of its financial statements for the period ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Douglas Lee Director
Elizabeth Lek Director
These financial statements were approved and authorised for issue by the Board on 05 September 2024 and were signed by:
The notes form part of these financial statements
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3
For the period ended 29 February 2024
DE Property Limited
Notes to the Financial Statements
Statutory Information
DE Property Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
09754584.
Registered address:
14 Sheen Park
Richmond
Surrey
TW9 1UW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention.
The company ceased to trade on 29th February 2024.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Inventories
Stocks are valued at the lower of cost and net realisable value. Cost includes all direct expenditures and an appropriate proportion of fixed and variable overheads. Net realisable value is based on selling price less anticipated costs to completion and selling costs.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Inventories
2022
2024
£
£
Stocks
-
550,766
3. Trade and other payables: amounts falling due within one year
2022
2024
£
£
Taxation and social security
3,171
-
Other creditors
3,336
489,935
6,507
489,935
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4
For the period ended 29 February 2024
DE Property Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due after more than one year
2022
2024
£
£
Other creditors
-
101,185
5. Related party transactions
The directors, Douglas Lee and Elizabeth Lek has material interest in Axcellion Limited, a company incorporated in England
and Wales.
At the balance sheet date, the amount of £Nil (£101,185) was owed to Axcellion Limited.
The company is controlled by Mr Douglas Lee and Mrs Elizabeth Lek by virtue of their combined shareholding in the company.
6. Average number of persons employed
During the year the average number of employees was 0
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