1 April 2023 v2025.5.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP104180092023-04-012024-03-31104180092024-03-31104180092023-03-3110418009core:WithinOneYear2024-03-3110418009core:WithinOneYear2023-03-3110418009core:AfterOneYear2024-03-3110418009core:AfterOneYear2023-03-3110418009core:ShareCapital2024-03-3110418009core:ShareCapital2023-03-3110418009core:RetainedEarningsAccumulatedLosses2024-03-3110418009core:RetainedEarningsAccumulatedLosses2023-03-3110418009bus:Director12023-04-012024-03-3110418009bus:RegisteredOffice2023-04-012024-03-31104180092022-04-012023-03-3110418009core:LandBuildings2024-03-3110418009core:LandBuildings2023-03-3110418009core:CostValuation2023-04-0110418009core:CostValuation2024-03-311041800912023-04-012024-03-311041800912023-04-012024-03-3110418009countries:EnglandWales2023-04-012024-03-3110418009bus:AuditExemptWithAccountantsReport2023-04-012024-03-3110418009bus:PrivateLimitedCompanyLtd2023-04-012024-03-3110418009bus:SmallEntities2023-04-012024-03-3110418009bus:FullAccounts2023-04-012024-03-31
Company registration number:
10418009
Deniz Investments Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2024
BRIAN PAUL LIMITED
Chartered Accountants
Chase Green House, 42 Chase Side, Enfield, Middlesex, EN2 6NF, United Kingdom
Deniz Investments Limited
Statement of Financial Position
31 March 2024
20242023
Note££
Fixed assets    
Tangible assets 5
1
 
1
 
Investments 6
171
 
171
 
172
 
172
 
Current assets    
Debtors 7
1,669,223
 
1,899,928
 
Cash at bank and in hand
2,846
 
8,704
 
1,672,069
 
1,908,632
 
Creditors: amounts falling due within one year 8
(279,162
)
(277,733
)
Net current assets
1,392,907
 
1,630,899
 
Total assets less current liabilities 1,393,079   1,631,071  
Creditors: amounts falling due after more than one year 9
(553,813
)
(712,670
)
Net assets
839,266
 
918,401
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
839,166
 
918,301
 
Shareholders funds
839,266
 
918,401
 
For the year ending
31 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
29 January 2025
, and are signed on behalf of the board by:
Mr F C Deniz
Director
Company registration number:
10418009
Deniz Investments Limited
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office and place of business is
Sunshine House
,
7 Cutler Street
,
London
,
E1 7DJ
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Consolidation

The entity has taken advantage of the option not to prepare consolidated
financial statements
contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and Value Added Tax.
Revenue is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on completion of land sale; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
.

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2023:
1
).

5 Tangible assets

Land and buildings
£
Cost  
At
1 April 2023
and
31 March 2024
1
 
Depreciation  
At
1 April 2023
and
31 March 2024
-  
Carrying amount  
At
31 March 2024
1
 
At 31 March 2023
1
 

6 Investments

Shares in group undertakings and participating interests
£
Cost  
At
1 April 2023
171
 
At
31 March 2024
171
 
Impairment  
At
1 April 2023
and
31 March 2024
-  
Carrying amount  
At
31 March 2024
171
 
At 31 March 2023
171
 
The company owns 100% of Deniz N2 Limited, 100% of Deniz N4 Limited, 70% of C&M Properties London Limited.

Investments held at valuation

7 Debtors

20242023
££
Amounts owed by group undertakings and undertakings in which the company has a participating interest
1,645,592
 
1,867,909
 
Other debtors
23,631
 
32,019
 
1,669,223
 
1,899,928
 

8 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
11,429
 
10,000
 
Other creditors
267,733
 
267,733
 
279,162
 
277,733
 

9 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
13,333
 
26,190
 
Other creditors
540,480
 
686,480
 
553,813
 
712,670
 

11 Controlling party

None of the listed shareholders have a controlling stake in the company.