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REGISTERED NUMBER: 05608206















Unaudited Financial Statements

for the Year Ended 30 November 2024

for

D & R Properties (UK) Limited

D & R Properties (UK) Limited (Registered number: 05608206)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

D & R Properties (UK) Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: A S Rundle
M J Dillon





REGISTERED OFFICE: Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD





REGISTERED NUMBER: 05608206





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

D & R Properties (UK) Limited (Registered number: 05608206)

Balance Sheet
30 November 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 217
Investment property 5 - 1,400,000
- 1,400,217

CURRENT ASSETS
Cash at bank 878,257 381

CREDITORS
Amounts falling due within one year 6 (389,052 ) (353,515 )
NET CURRENT ASSETS/(LIABILITIES) 489,205 (353,134 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

489,205

1,047,083

CREDITORS
Amounts falling due after more than one
year

7

-

(304,389

)

PROVISIONS FOR LIABILITIES - (153,675 )
NET ASSETS 489,205 589,019

CAPITAL AND RESERVES
Called up share capital 9 4 4
Fair value reserve 10 - 461,024
Retained earnings 489,201 127,991
SHAREHOLDERS' FUNDS 489,205 589,019

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

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

D & R Properties (UK) Limited (Registered number: 05608206)

Balance Sheet - continued
30 November 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 January 2025 and were signed on its behalf by:





A S Rundle - Director


D & R Properties (UK) Limited (Registered number: 05608206)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

D & R Properties (UK) Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.
Fixtures and fittings - 15% on reducing balance

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 Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

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

D & R Properties (UK) Limited (Registered number: 05608206)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 December 2023 5,420
Disposals (5,420 )
At 30 November 2024 -
DEPRECIATION
At 1 December 2023 5,203
Eliminated on disposal (5,203 )
At 30 November 2024 -
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 217

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023 1,400,000
Disposals (1,400,000 )
At 30 November 2024 -
NET BOOK VALUE
At 30 November 2024 -
At 30 November 2023 1,400,000

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2022 831,567
Valuation in 2023 (216,868 )
614,699

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 24,827 -
Other creditors 364,225 353,515
389,052 353,515

D & R Properties (UK) Limited (Registered number: 05608206)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors - 304,389

Amounts falling due in more than five years:

Repayable by instalments
Mortgage - 304,389

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage - 304,389

The bank loan is secured by a fixed charge on the company's freehold property.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary £1 4 4

10. RESERVES
Fair
value
reserve
£   
At 1 December 2023 461,024
Transfer (461,024 )

At 30 November 2024 -

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
D & R Properties (UK) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of D & R Properties (UK) Limited for the year ended 30 November 2024 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of D & R Properties (UK) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of D & R Properties (UK) Limited and state those matters that we have agreed to state to the Board of Directors of D & R Properties (UK) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D & R Properties (UK) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that D & R Properties (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of D & R Properties (UK) Limited. You consider that D & R Properties (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of D & R Properties (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


10 January 2025