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REGISTERED NUMBER: 13493007 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DALEVIEW INVEST LTD

DALEVIEW INVEST LTD (REGISTERED NUMBER: 13493007)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DALEVIEW INVEST LTD

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTOR: Mr J Stobiecki





REGISTERED OFFICE: 149 Kyverdale Road
London
United Kingdom
N16 6PS





REGISTERED NUMBER: 13493007 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

DALEVIEW INVEST LTD (REGISTERED NUMBER: 13493007)

ABRIDGED BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,270 1,694
Investment property 5 758,043 758,043
759,313 759,737

CURRENT ASSETS
Debtors 15,000 15,000
Cash at bank 1,617 4,186
16,617 19,186
CREDITORS
Amounts falling due within one year 232,260 245,799
NET CURRENT LIABILITIES (215,643 ) (226,613 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

543,670

533,124

CREDITORS
Amounts falling due after more than one year 537,749 537,749
NET ASSETS/(LIABILITIES) 5,921 (4,625 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 5,920 (4,626 )
5,921 (4,625 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

DALEVIEW INVEST LTD (REGISTERED NUMBER: 13493007)

ABRIDGED BALANCE SHEET - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 September 2024 and were signed by:





Mr J Stobiecki - Director


DALEVIEW INVEST LTD (REGISTERED NUMBER: 13493007)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Daleview Invest 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. 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.

The accounts have been prepared on the going concern basis as the director is of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director.

Turnover
Turnover comprises rental and service charge income, excluding Value Added Tax, which is recognised in the period which it is earned. Amounts invoiced in excess of the amounts earned during the period are recognised as deferred income in creditors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

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.

DALEVIEW INVEST LTD (REGISTERED NUMBER: 13493007)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 2,258
DEPRECIATION
At 1 January 2023 564
Charge for year 424
At 31 December 2023 988
NET BOOK VALUE
At 31 December 2023 1,270
At 31 December 2022 1,694

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 758,043
NET BOOK VALUE
At 31 December 2023 758,043
At 31 December 2022 758,043

Investment property was valued on an open market basis on 31 December 2023 by the director.

DALEVIEW INVEST LTD (REGISTERED NUMBER: 13493007)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

6. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 537,749 537,749

Bank loans are secured over the investment properties.

7. RELATED PARTY DISCLOSURES

At the Balance Sheet date the company was owed £15,000 (2022: £15,000) by a company, of which the director of this company is also a director.

At the Balance Sheet date the company owed £22,000 (2022: £22,000) to companies of which the director of this company is also a director.

At the Balance Sheet date the company owed £207,119 (2022: £221,999) to the director.