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Registration number: 13628682

DRD Property Investments Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2024

 

DRD Property Investments Ltd

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 6

Notes to the Unaudited Financial Statements

4

 

DRD Property Investments Ltd

Company Information

Directors

Mrs Rachael Jane Young

Mr David Nicholas Young

Registered office

20 Dean Avenue
Thornbury
South Gloucestershire
BS35 1JJ

Accountants

Burton Sweet
Chartered Certified Accountants
Cornerstone House
Midland Way
Thornbury
Bristol
BS35 2BS

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
DRD Property Investments Ltd
for the Year Ended 30 September 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of DRD Property Investments Ltd for the year ended 30 September 2024 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of DRD Property Investments Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of DRD Property Investments Ltd and state those matters that we have agreed to state to the Board of Directors of DRD Property Investments Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DRD Property Investments Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that DRD Property Investments Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of DRD Property Investments Ltd. You consider that DRD Property Investments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of DRD Property Investments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Burton Sweet
Chartered Certified Accountants
Cornerstone House
Midland Way
Thornbury
Bristol
BS35 2BS

3 December 2024

 

DRD Property Investments Ltd

(Registration number: 13628682)
Balance Sheet as at 30 September 2024

2024
£

2023
£

Fixed assets

537,752

537,966

Current assets

515

9,528

Prepayments and accrued income

-

13

Creditors: Amounts falling due within one year

(173,805)

(182,992)

Net current liabilities

(173,290)

(173,451)

Total assets less current liabilities

364,462

364,515

Creditors: Amounts falling due after more than one year

(370,115)

(370,124)

Accruals and deferred income

(816)

(780)

 

(6,469)

(6,389)

Capital and reserves

(6,469)

(6,389)

 

DRD Property Investments Ltd

(Registration number: 13628682)
Balance Sheet as at 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
20 Dean Avenue
Thornbury
South Gloucestershire
BS35 1JJ

These financial statements were authorised for issue by the Board on 3 December 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

3

Related party transactions

Transactions with directors

2024

At 1 October 2023
£

Advances to director
£

Repayments by director
£

At 30 September 2024
£

Loan

91,496

(4,750)

156

86,902

         
       

Loan

91,496

(4,750)

156

86,902

         
       

 

 

DRD Property Investments Ltd

(Registration number: 13628682)
Balance Sheet as at 30 September 2024

2023

At 1 October 2022
£

Advances to director
£

Repayments by director
£

At 30 September 2023
£

Loan

113,090

(21,750)

156

91,496

         
       

Loan

113,090

(21,750)

156

91,496

         
       

 

 

DRD Property Investments Ltd

(Registration number: 13628682)
Balance Sheet as at 30 September 2024

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 3 December 2024 and signed on its behalf by:
 

.........................................
Mr David Nicholas Young
Director