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REGISTERED NUMBER: 05473152 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

D & J PROPERTIES NORTH WEST LIMITED

D & J PROPERTIES NORTH WEST LIMITED (REGISTERED NUMBER: 05473152)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D & J PROPERTIES NORTH WEST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: D Brown



REGISTERED OFFICE: Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ



REGISTERED NUMBER: 05473152 (England and Wales)



ACCOUNTANTS: P B Syddall & Co
Chartered Accountants
Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ



BANKERS: The Royal Bank of Scotland plc
Horwich Branch
29 Lee Lane
Bolton
Lancashire
BL6 7AY

D & J PROPERTIES NORTH WEST LIMITED (REGISTERED NUMBER: 05473152)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,030,347 2,008,621

CURRENT ASSETS
Stocks 957,887 655,313
Debtors 6 31,559 23,264
Cash at bank 132,949 13,127
1,122,395 691,704
CREDITORS
Amounts falling due within one year 7 2,008,734 1,623,019
NET CURRENT LIABILITIES (886,339 ) (931,315 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,144,008

1,077,306

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 612,666 612,666
Retained earnings 8 531,242 464,540
SHAREHOLDERS' FUNDS 1,144,008 1,077,306

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 August 2024 and were signed by:




D Brown - Director


D & J PROPERTIES NORTH WEST LIMITED (REGISTERED NUMBER: 05473152)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

D & J Properties North West 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 20% on reducing balance

STOCKS
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

D & J PROPERTIES NORTH WEST LIMITED (REGISTERED NUMBER: 05473152)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2023 2,007,216 51,860 - 2,059,076
Additions - - 27,000 27,000
At 31 March 2024 2,007,216 51,860 27,000 2,086,076
DEPRECIATION
At 1 April 2023 - 50,455 - 50,455
Charge for year - 211 5,063 5,274
At 31 March 2024 - 50,666 5,063 55,729
NET BOOK VALUE
At 31 March 2024 2,007,216 1,194 21,937 2,030,347
At 31 March 2023 2,007,216 1,405 - 2,008,621

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 20,820 20,094
Other debtors 8,250 -
VAT 2,489 3,170
31,559 23,264

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 636,619 434,478
Amounts owed to associated co 354,782 354,782
Other creditors 713,250 650,000
Directors current account 82,742 56,242
Accruals and deferred income 221,341 127,517
2,008,734 1,623,019

8. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2023 464,540 612,666 1,077,206
Profit for the year 66,702 66,702
At 31 March 2024 531,242 612,666 1,143,908

D & J PROPERTIES NORTH WEST LIMITED (REGISTERED NUMBER: 05473152)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

9. RELATED PARTY DISCLOSURES

During the year the company bought goods and services amounting to £100,000 (2022 - £8,088) from Lancashire Developments Limited a company in which director, D Brown is materially interested as a director and shareholder. At the balance sheet date an inter-company loan of £354,782 (2022 - £354,782) was owed to Lancashire Developments Limited and included in creditors. Trade creditors includes £111,466 (2022 - £101,406) owed to Lancashire Developments Limited.

At the balance sheet date an inter-company loan of £650,000 (2022 - £100,000 owed) was owed to Dobb Brow Investments Limited, a company in which director, D Brown, is materially interested as director and shareholder.

10. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of D&SB Management Limited.