Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-05-01falseNo description of principal activity33falsetrue 13335294 2023-05-01 2024-04-30 13335294 2022-05-01 2023-04-30 13335294 2024-04-30 13335294 2023-04-30 13335294 c:Director1 2023-05-01 2024-04-30 13335294 c:Director2 2023-05-01 2024-04-30 13335294 d:Buildings 2023-05-01 2024-04-30 13335294 d:Buildings 2024-04-30 13335294 d:Buildings 2023-04-30 13335294 d:CurrentFinancialInstruments 2024-04-30 13335294 d:CurrentFinancialInstruments 2023-04-30 13335294 d:Non-currentFinancialInstruments 2024-04-30 13335294 d:Non-currentFinancialInstruments 2023-04-30 13335294 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13335294 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13335294 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 13335294 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 13335294 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 13335294 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 13335294 d:ShareCapital 2024-04-30 13335294 d:ShareCapital 2023-04-30 13335294 d:RetainedEarningsAccumulatedLosses 2024-04-30 13335294 d:RetainedEarningsAccumulatedLosses 2023-04-30 13335294 c:FRS102 2023-05-01 2024-04-30 13335294 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13335294 c:FullAccounts 2023-05-01 2024-04-30 13335294 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 13335294









DDR DEVELOPMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
DDR DEVELOPMENTS LIMITED
REGISTERED NUMBER: 13335294

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
175,086
171,360

  
175,086
171,360

Current assets
  

Cash at bank and in hand
 5 
1,329
148

  
1,329
148

Creditors: amounts falling due within one year
 6 
(76,326)
(85,934)

Net current liabilities
  
 
 
(74,997)
 
 
(85,786)

Total assets less current liabilities
  
100,089
85,574

Creditors: amounts falling due after more than one year
 7 
(97,599)
(105,946)

  

Net assets/(liabilities)
  
2,490
(20,372)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
2,390
(20,472)

  
2,490
(20,372)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 January 2025.


Page 1

 
DDR DEVELOPMENTS LIMITED
REGISTERED NUMBER: 13335294
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024



Rebecca Murray
Daniel Bowie
Director
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
DDR DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

DDR Developments Limited is a private company limited by shares, registered in the United Kingdom number 13335294. Its registered office is Manor House, 35 St. Thomas’s Road, Chorley, Lancashire, PR7 1HP. 
During the year, the principal activity of the company was that of other letting and operating of own or leased real estate.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
DDR DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, SELECT OR ENTER METHOD.

Depreciation is provided on the following basis:

Freehold property
-

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 4

 
DDR DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 May 2023
171,360


Additions
3,726



At 30 April 2024

175,086






Net book value



At 30 April 2024
175,086



At 30 April 2023
171,360


5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,329
148

1,329
148



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,860
2,320

Corporation tax
561
-

Other creditors
72,465
82,414

Accruals and deferred income
1,440
1,200

76,326
85,934


Page 5

 
DDR DEVELOPMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
97,599
105,946

97,599
105,946


The following liabilities were secured:




Details of security provided:

Secured against the Investment Property


8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£


Amounts falling due 1-2 years

Bank loans
97,599
105,946


97,599
105,946



97,599
105,946


 
Page 6