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Company Registration No. 04024032 (England and Wales)
DOM Properties Limited Unaudited accounts for the year ended 30 June 2023
DOM Properties Limited Unaudited accounts Contents
Page
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DOM Properties Limited Company Information for the year ended 30 June 2023
Directors
D F O'Malley N O'Malley
Secretary
Mrs N O'Malley
Company Number
04024032 (England and Wales)
Registered Office
26 Thornfield Road Heaton Moor Stockport Cheshire SK4 3JT
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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DOM Properties Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,358 
3,951 
Investment property
3,367,875 
3,367,875 
3,371,233 
3,371,826 
Current assets
Cash at bank and in hand
26,903 
30,212 
Creditors: amounts falling due within one year
(267,286)
(342,123)
Net current liabilities
(240,383)
(311,911)
Total assets less current liabilities
3,130,850 
3,059,915 
Creditors: amounts falling due after more than one year
(2,374,994)
(2,391,465)
Provisions for liabilities
Deferred tax
(167,381)
(167,493)
Net assets
588,475 
500,957 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
588,375 
500,857 
Shareholders' funds
588,475 
500,957 
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by
D F O'Malley Director Company Registration No. 04024032
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DOM Properties Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
DOM Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 04024032. The registered office is 26 Thornfield Road, Heaton Moor, Stockport, Cheshire, SK4 3JT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% per annum on a reducing balance basis
Computer equipment
15% per annum on a reducing balance basis
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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DOM Properties Limited Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2022
4,056 
5,856 
9,912 
At 30 June 2023
4,056 
5,856 
9,912 
Depreciation
At 1 July 2022
3,953 
2,008 
5,961 
Charge for the year
16 
577 
593 
At 30 June 2023
3,969 
2,585 
6,554 
Net book value
At 30 June 2023
87 
3,271 
3,358 
At 30 June 2022
103 
3,848 
3,951 
5
Investment property
2023 
£ 
Fair value at 1 July 2022
3,367,875 
At 30 June 2023
3,367,875 
The valuations of investment properties were made as at 30 June 2011 on an open market by valuers appointed by the company's bankers. No depreciation is provided in respect of these properties.
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,480 
6,600 
Amounts owed to group undertakings and other participating interests
59,166 
69,000 
Taxes and social security
48,326 
11,816 
Other creditors
43,774 
43,774 
Loans from directors
80,589 
182,342 
Accruals
28,951 
28,591 
267,286 
342,123 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,311,229 
2,317,700 
Other creditors
63,765 
73,765 
2,374,994 
2,391,465 
Bank loans are secured by a charge over the companies investment properties
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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DOM Properties Limited Notes to the Accounts for the year ended 30 June 2023
9
Transactions with related parties
Mr D F O'Malley is a director and shareholder in both DOM Properties Limited and Nook Cafe Bar Limited. During the year DOM Properties Limited charged Nook Cafe Bar Limited rents of £72,311 ( 2022 - £35,000 ). At the balance sheet date DOM Properties Limited owed Nook Cafe Bar Limited £44,000 ( 2022 - £44,000 ). The loan is subject to interest at a commercial rate and repayable upon demand. Mr D F O'Malley is a director and shareholder in both DOM Properties Limited and HOBO Enterprises Limited. During the year DOM Properties Limited charged HOBO Enterprises Limited rents of £5,000 ( 2022 - £37,000 ). At the balance sheet date DOM Properties Limited owed HOBO Enterprises Limited £15,166 ( 2022 - £25,000 ). The loan is subject to interest at a commercial rate and repayable upon demand.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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