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REGISTERED NUMBER: 07375506 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

D B Real Estate Ltd

D B Real Estate Ltd (Registered number: 07375506)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D B Real Estate Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: N G Dickason





REGISTERED OFFICE: 4 Rhododendron Close
Ascot
Berkshire
SL5 8PL





REGISTERED NUMBER: 07375506 (England and Wales)





ACCOUNTANTS: Tropman & Co Limited
39 Station Road
Liphook
Hampshire
GU30 7DW

D B Real Estate Ltd (Registered number: 07375506)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,514 8,685

CURRENT ASSETS
Debtors 5 6,599 47,503
Cash at bank 410 -
7,009 47,503
CREDITORS
Amounts falling due within one year 6 81,207 87,227
NET CURRENT LIABILITIES (74,198 ) (39,724 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(67,684

)

(31,039

)

CREDITORS
Amounts falling due after more than one
year

7

6,667

10,667
NET LIABILITIES (74,351 ) (41,706 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 (74,352 ) (41,707 )
SHAREHOLDERS' FUNDS (74,351 ) (41,706 )

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.

D B Real Estate Ltd (Registered number: 07375506)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 December 2024 and were signed by:





N G Dickason - Director


D B Real Estate Ltd (Registered number: 07375506)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

D B Real Estate 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 1,431 19,300 1,649 22,380
DEPRECIATION
At 1 April 2023 1,031 11,157 1,507 13,695
Charge for year 100 2,036 35 2,171
At 31 March 2024 1,131 13,193 1,542 15,866
NET BOOK VALUE
At 31 March 2024 300 6,107 107 6,514
At 31 March 2023 400 8,143 142 8,685

D B Real Estate Ltd (Registered number: 07375506)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 3,633 47,503
Other debtors 477 -
Prepayments and accrued income 2,489 -
6,599 47,503

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 272
Bank Loan 4,000 4,000
Trade creditors 623 795
Tax 13,910 15,920
Social security and other taxes - 327
VAT 57,825 59,028
Other creditors 2,044 2,044
Accrued expenses 2,805 4,841
81,207 87,227

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank Loan 6,667 10,667

8. RESERVES
Retained
earnings
£   

At 1 April 2023 (41,707 )
Profit for the year 51,614
Dividends (84,259 )
At 31 March 2024 (74,352 )

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £84,259 were paid to the director .