IRIS Accounts Production v24.3.2.46 07007723 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070077232023-04-30070077232024-04-30070077232023-05-012024-04-30070077232022-04-30070077232022-05-012023-04-30070077232023-04-3007007723ns15:EnglandWales2023-05-012024-04-3007007723ns14:PoundSterling2023-05-012024-04-3007007723ns10:Director12023-05-012024-04-3007007723ns10:Director22023-05-012024-04-3007007723ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3007007723ns10:SmallEntities2023-05-012024-04-3007007723ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3007007723ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3007007723ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3007007723ns10:FullAccounts2023-05-012024-04-3007007723ns10:RegisteredOffice2023-05-012024-04-3007007723ns5:CurrentFinancialInstruments2024-04-3007007723ns5:CurrentFinancialInstruments2023-04-3007007723ns5:Non-currentFinancialInstruments2024-04-3007007723ns5:Non-currentFinancialInstruments2023-04-3007007723ns5:ShareCapital2024-04-3007007723ns5:ShareCapital2023-04-3007007723ns5:RetainedEarningsAccumulatedLosses2024-04-3007007723ns5:RetainedEarningsAccumulatedLosses2023-04-3007007723ns5:PlantMachinery2023-05-012024-04-3007007723ns5:PlantMachinery2023-04-3007007723ns5:PlantMachinery2024-04-3007007723ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3007007723ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3007007723ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-04-3007007723ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-04-3007007723ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-04-3007007723ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-3007007723ns5:Secured2024-04-3007007723ns5:Secured2023-04-30
REGISTERED NUMBER: 07007723 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 April 2024

for

De La Casa Limited

De La Casa Limited (Registered number: 07007723)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


De La Casa Limited

Company Information
for the year ended 30 April 2024







DIRECTORS: W T Delaney
L Delaney





REGISTERED OFFICE: Summer Breeze
9 St Paul's Drive
Mount Pleasant
Houghton Le Spring
Tyne and Wear
DH4 7SH





REGISTERED NUMBER: 07007723 (England and Wales)





ACCOUNTANTS: TTR Barnes Limited
Chartered Accountants
3-5 Grange Terrace
Stockton Road
Sunderland
Tyne & Wear
SR2 7DG

De La Casa Limited (Registered number: 07007723)

Statement of Financial Position
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 284,977 284,977
284,977 284,977

CURRENT ASSETS
Debtors 6 87 53
Cash at bank 2,093 2,353
2,180 2,406
CREDITORS
Amounts falling due within one year 7 72,891 70,710
NET CURRENT LIABILITIES (70,711 ) (68,304 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,266

216,673

CREDITORS
Amounts falling due after more than one
year

8

212,760

215,100
NET ASSETS 1,506 1,573

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,406 1,473
SHAREHOLDERS' FUNDS 1,506 1,573

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

De La Casa Limited (Registered number: 07007723)

Statement of Financial Position - continued
30 April 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2025 and were signed on its behalf by:




W T Delaney - Director



L Delaney - Director


De La Casa Limited (Registered number: 07007723)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

De La Casa 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.

The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, which the directors consider appropriate.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% Straight line

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Other income
Other income represents rents received in the period.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

De La Casa Limited (Registered number: 07007723)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 150
DEPRECIATION
At 1 May 2023
and 30 April 2024 150
NET BOOK VALUE
At 30 April 2024 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 284,977
NET BOOK VALUE
At 30 April 2024 284,977
At 30 April 2023 284,977

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 87 53

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 2,369 2,400
Other creditors 70,522 68,310
72,891 70,710

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) 212,760 215,100

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 209,160 209,160

De La Casa Limited (Registered number: 07007723)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 2,369 2,400

Amounts falling due between one and two years:
Bank loans - 1-2 years 2,369 2,400

Amounts falling due between two and five years:
Bank loans - 2-5 years 1,231 3,540

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 209,160 209,160

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 215,129 217,500

The secured debts are secured by way of a first legal charge over the properties and personal guarantees provided from the directors'.