Company Registration No. 09286728 (England and Wales)
Denmar Property Developments Ltd
Unaudited accounts
for the year ended 31 December 2023
Denmar Property Developments Ltd
Unaudited accounts
Contents
Denmar Property Developments Ltd
Company Information
for the year ended 31 December 2023
Directors
Mr Timothy Cooke
Mr John Cooke
Mrs Ann Cooke
Mrs Tiffany Cooke
Company Number
09286728 (England and Wales)
Registered Office
Unit 12 Balderton Business Park
Hawton Lane
Balderton, Newark
Nottinghamshire
NG24 3GL
England
Accountants
Tax Accounting & Business Solutions Limited
9 Sumner Street
Leyland
Lancashire
PR25 2LD
Denmar Property Developments Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
590,568
593,356
Cash at bank and in hand
181,901
219,003
Creditors: amounts falling due within one year
416,769
490,096
Net current assets
598,670
709,099
Total assets less current liabilities
1,190,238
1,303,455
Creditors: amounts falling due after more than one year
(957,804)
(1,044,015)
Net assets
232,434
259,440
Called up share capital
1,000
1,000
Profit and loss account
231,434
258,440
Shareholders' funds
232,434
259,440
For the year ending 31 December 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 24 May 2024 and were signed on its behalf by
Mr John Cooke
Director
Company Registration No. 09286728
Denmar Property Developments Ltd
Notes to the Accounts
for the year ended 31 December 2023
Denmar Property Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 09286728. The registered office is Unit 12 Balderton Business Park, Hawton Lane, Balderton, Newark, Nottinghamshire, NG24 3GL, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 January 2023
552,589
55,940
608,529
At 31 December 2023
552,589
66,440
619,029
At 1 January 2023
-
15,173
15,173
Charge for the year
-
13,288
13,288
At 31 December 2023
-
28,461
28,461
At 31 December 2023
552,589
37,979
590,568
At 31 December 2022
552,589
40,767
593,356
The Land and Buildings have been revalued in accordance with the Directors' instructions and now show a true and fair value as at the year end of the company
Denmar Property Developments Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Investments
Subsidiary undertakings
Valuation at 1 January 2023
1,000
Valuation at 31 December 2023
1,000
The company holds 100% of the ordinary share capital in J C Surfacing Limited.
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
10,258
Taxes and social security
-
7,505
Loans from directors
(417,762)
(510,072)
8
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
888,479
980,789
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest fee and repayable on demand
50,000
-
-
50,000
Interest free and repayable on demand
50,000
-
-
50,000
Interest free and repayable on demand
50,000
-
-
50,000
Interest free and repayable on demand
50,000
-
-
50,000
The directors loans were repaid to the company by 30th April 2023
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).