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REGISTERED NUMBER: 01115643 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

DRAYSON PROPERTY HOLDINGS LIMITED

DRAYSON PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 01115643)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DRAYSON PROPERTY HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTOR: J M Gorst





REGISTERED OFFICE: C/o Wildtracks Limited
Chippenham Road
Kennett
Newmarket
Suffolk
CB8 7QJ





REGISTERED NUMBER: 01115643 (England and Wales)





ACCOUNTANTS: NKT Accountants
11 Kings Court
Willie Snaith Road
Newmarket
Suffolk
CB8 7SG

DRAYSON PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 01115643)

BALANCE SHEET
30TH SEPTEMBER 2024

30/9/24 30/9/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,120 1,400
Investments 5 1,409,483 668,467
Investment property 6 1,942,217 4,320,767
3,352,820 4,990,634

CURRENT ASSETS
Debtors 7 3,709 7,970
Cash at bank 5,131,881 538,119
5,135,590 546,089
CREDITORS
Amounts falling due within one year 8 2,441,654 170,264
NET CURRENT ASSETS 2,693,936 375,825
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,046,756

5,366,459

PROVISIONS FOR LIABILITIES - 304,550
NET ASSETS 6,046,756 5,061,909

CAPITAL AND RESERVES
Called up share capital 52,593 52,593
Share premium 130,720 130,720
Revaluation reserve 9 - 1,824,461
Retained earnings 5,863,443 3,054,135
SHAREHOLDERS' FUNDS 6,046,756 5,061,909

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.

DRAYSON PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 01115643)

BALANCE SHEET - continued
30TH SEPTEMBER 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 31st January 2025 and were signed by:





J M Gorst - Director


DRAYSON PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 01115643)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

Drayson Property Holdings 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost

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.

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.

DRAYSON PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 01115643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Estimation techniques
In preparing the financial statements, management are required to make estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet date and the reported amounts of revenue and expenses during the reporting period.

Significant areas require the use of estimates relate to the determination of accruals and other liabilities and the disclosure of contingent liabilities, if any, at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1st October 2023 5,000 4,200 9,200
Disposals (5,000 ) - (5,000 )
At 30th September 2024 - 4,200 4,200
DEPRECIATION
At 1st October 2023 5,000 2,800 7,800
Charge for year - 280 280
Eliminated on disposal (5,000 ) - (5,000 )
At 30th September 2024 - 3,080 3,080
NET BOOK VALUE
At 30th September 2024 - 1,120 1,120
At 30th September 2023 - 1,400 1,400

DRAYSON PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 01115643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st October 2023 668,467
Additions 1,295,782
Disposals (554,766 )
At 30th September 2024 1,409,483
NET BOOK VALUE
At 30th September 2024 1,409,483
At 30th September 2023 668,467

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2023 4,320,767
Additions 13,450
Disposals (2,392,000 )
At 30th September 2024 1,942,217
NET BOOK VALUE
At 30th September 2024 1,942,217
At 30th September 2023 4,320,767

Fair value at 30th September 2024 is represented by:
£   
Valuation in 2004 872,721
Valuation in 2016 1,301,433
Valuation in 2018 (40,000 )
Valuation in 2024 (2,134,154 )
Cost 1,942,217
1,942,217

DRAYSON PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 01115643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

6. INVESTMENT PROPERTY - continued

If the investment property had not been revalued it would have been included at the following historical cost:

30/9/24 30/9/23
£    £   
Cost 247,846 247,846

Red Lodge/Plantation Farm was valued on an open market basis on 1st December 2017 by the Director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Other debtors 3,709 7,970

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Bank loans and overdrafts 28 15
Taxation and social security 935,431 -
Other creditors 1,506,195 170,249
2,441,654 170,264

9. RESERVES
Revaluation
reserve
£   
At 1st October 2023 1,824,461
Revaluation reserve realised 304,550
asset sold (2,129,011 )

At 30th September 2024 -

DRAYSON PROPERTY HOLDINGS LIMITED (REGISTERED NUMBER: 01115643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th September 2024 and 30th September 2023:

30/9/24 30/9/23
£    £   
J M Gorst
Balance outstanding at start of year (3,388 ) (25,055 )
Amounts advanced 402,395 63,774
Amounts repaid (1,588,281 ) (42,107 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,189,274 ) (3,388 )

11. RELATED PARTY DISCLOSURES

At 30 September balance were outstanding to Zafira Limited a company in which Mr Gorst has a material interest £105 (2023 £105). Wild Tracks Limited a company in which Drayson Property Holdings Limited is a shareholder was owed £290,744 (2023 £141,570).

12. ULTIMATE CONTROLLING PARTY

In the opinion of the director, Mr J Gorst, he has ultimate control of the company.