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REGISTERED NUMBER: 03263412 (England and Wales)















Deynacourt Limited

Unaudited Financial Statements For The Year Ended 30 September 2023






Deynacourt Limited (Registered number: 03263412)






Contents of the Financial Statements
For The Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Deynacourt Limited

Company Information
For The Year Ended 30 September 2023







DIRECTOR: M A Lawson





SECRETARY: B K Thakrar





REGISTERED OFFICE: 3 Coldbath Square
London
EC1R 5HL





REGISTERED NUMBER: 03263412 (England and Wales)





ACCOUNTANTS: Kingswood Allotts Limited
Chartered Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU

Deynacourt Limited (Registered number: 03263412)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 1
Investment property 5 1,630,000 1,630,000
1,630,001 1,630,001

CURRENT ASSETS
Debtors 6 5,327,672 5,146,541
Cash at bank 39,779 36,242
5,367,451 5,182,783
CREDITORS
Amounts falling due within one year 7 148,690 109,050
NET CURRENT ASSETS 5,218,761 5,073,733
TOTAL ASSETS LESS CURRENT LIABILITIES 6,848,762 6,703,734

CREDITORS
Amounts falling due after more than one year 8 (287,280 ) (333,075 )

PROVISIONS FOR LIABILITIES 10 (144,048 ) (144,048 )
NET ASSETS 6,417,434 6,226,611

CAPITAL AND RESERVES
Called up share capital 11 80,000 80,000
Revaluation reserve 12 1,009,693 1,009,693
Capital redemption reserve 12 20,000 20,000
Retained earnings 12 5,307,741 5,116,918
SHAREHOLDERS' FUNDS 6,417,434 6,226,611

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

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

Deynacourt Limited (Registered number: 03263412)

Balance Sheet - continued
30 September 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2024 and were signed by:





M A Lawson - Director


Deynacourt Limited (Registered number: 03263412)

Notes to the Financial Statements
For The Year Ended 30 September 2023

1. STATUTORY INFORMATION

Deynacourt 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.

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.

Preparation of consolidated financial statements
The financial statements contain information about Deynacourt Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Going concern
After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Revenue
Revenue comprises rental income, service charge and other recoveries from tenants of the Company's investment properties. Rental income is recognised on an accruals basis in the period in which it is earned, in accordance with the terms of the lease.

Investments in subsidiaries
Investments in subsidiaries are measured at cost less accumulated impairment.

Investment property
Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Deynacourt Limited (Registered number: 03263412)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued

Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

Interest income
Interest income is recognised in profit and loss using the effective interest method.

Finance costs
Finance costs are charged to profit and loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Borrowing costs
All borrowing costs are recognised in profit and loss in the year in which they are incurred.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Investments
in
subsidiary
companies
£   
COST
At 1 October 2022
and 30 September 2023 1
NET BOOK VALUE
At 30 September 2023 1
At 30 September 2022 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 1,630,000
NET BOOK VALUE
At 30 September 2023 1,630,000
At 30 September 2022 1,630,000

Fair value at 30 September 2023 is represented by:
£   
Valuation in 2022 1,009,693
Cost 620,307
1,630,000

The 2023 valuations were made by the director, on an open market value for existing use basis.

Deynacourt Limited (Registered number: 03263412)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 73,605 60,718
Other debtors 5,251,341 5,083,502
Prepayments and accrued income 2,726 2,321
5,327,672 5,146,541

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9) 62,436 62,436
Trade creditors 2,231 667
Taxation 53,802 14,515
Social security and other taxes 3,904 5,831
Other creditors 22,817 22,601
Accruals and deferred income 3,500 3,000
148,690 109,050

The bank loan is secured by a fixed charge over the company's investment properties.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans (see note 9) 287,280 333,075

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 37,536 83,331

The bank loan is secured by a fixed charge over the company's investment properties.

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 62,436 62,436

Amounts falling due between one and two years:
Bank loans 62,436 62,436

Amounts falling due between two and five years:
Bank loans 187,308 187,308

Amounts falling due in more than five years:

Deynacourt Limited (Registered number: 03263412)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023

9. LOANS - continued
2023 2022
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans 37,536 83,331

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 144,048 144,048

Deferred
tax
£   
Balance at 1 October 2022 144,048
Balance at 30 September 2023 144,048

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
80,000 Ordinary £1 80,000 80,000

12. RESERVES

Capital redemption reserve

Amounts in Capital redemption reserve represent a share redemption.

Investment property revaluation reserve

Amounts in Investment property revaluation reserve represent fair value movements on the investment properties and deferred tax relating to these revaluations.

Profit and loss account

The Profit and loss account is made up of accumulated historic profits and losses.