2023-06-01 05124910 2024-05-31 05124910 2023-06-01 2024-05-31 05124910 2023-05-31 05124910 2022-06-01 2023-05-31 05124910 uk-core:WithinOneYear 2023-05-31 05124910 uk-core:WithinOneYear 2024-05-31 05124910 uk-core:AfterOneYear 2023-05-31 05124910 uk-core:AfterOneYear 2024-05-31 05124910 uk-core:ShareCapital 2024-05-31 05124910 uk-core:ShareCapital 2023-05-31 05124910 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 05124910 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 05124910 uk-bus:Director1 2023-06-01 2024-05-31 05124910 uk-core:FurnitureFittings 2023-06-01 2024-05-31 05124910 uk-core:OtherResidualIntangibleAssets 2023-05-31 05124910 uk-core:OtherResidualIntangibleAssets 2024-05-31 05124910 uk-core:FurnitureFittings 2023-05-31 05124910 uk-core:Buildings 2023-05-31 05124910 uk-core:Buildings 2024-05-31 05124910 uk-core:FurnitureFittings 2024-05-31 05124910 uk-core:Buildings 2023-06-01 2024-05-31 05124910 uk-core:CostValuation 2023-05-31 05124910 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-05-31 05124910 uk-core:DisposalsRepaymentsInvestments 2024-05-31 05124910 uk-core:DisposalsRepaymentsInvestments uk-core:Non-currentFinancialInstruments 2024-05-31 05124910 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-05-31 05124910 uk-core:CostValuation 2024-05-31 05124910 uk-core:Non-currentFinancialInstruments 2024-05-31 05124910 uk-core:Non-currentFinancialInstruments 2023-05-31 iso4217:GBP xbrli:pure 05124910 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 05124910 uk-bus:FRS102 2023-06-01 2024-05-31 05124910 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 05124910 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
DK&L Properties
Registered Number:05124910
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
DK&L Properties
Contents Page
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Statement of Financial Position
3 to 5
Notes to the Financial Statements
3
Registered Number :
05124910
As at 31 May 2024
DK&L Properties
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
105
105
2
Property, plant and equipment
697,871
697,873
3
Financial assets
123,200
117,200
4
815,176
821,178
Current assets
Trade and other receivables
806
806
5
5,085
Cash and cash equivalents
3,074
3,880
5,891
Trade and other payables: amounts falling due
within one year
(4,759)
(4,146)
6
1,132
(266)
Net current liabilities
Total assets less current liabilities
814,910
822,310
Trade and other payables: amounts falling due after
more than one year
(744,628)
(730,553)
7
(6,261)
(6,261)
Provisions for liabilities
78,096
Net assets
71,421
Capital and reserves
Called up share capital
100
100
Retained earnings
77,996
71,321
78,096
71,421
Shareholders' funds
For the year ended 31 May 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver
ed.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
05124910
For the year ended 31 May 2024
DK&L Properties
Statement of Financial Position Continued
Dr D K Patel Director
These financial statements were approved and authorised for issue by the Board on 07 February 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 May 2024
DK&L Properties
Notes to the Financial Statements
Statutory Information
DK&L Properties is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05124910.
Registered address:
433 Chester Road
Old Trafford
Manchester
M16 9HA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared
under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors
the expected useful lives are sufficiently long and the estimated residual values are sufficiently high
that any such depreciation would be immaterial. The directors undertake an annual impairment
review of these properties.
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6
For the year ended 31 May 2024
DK&L Properties
Notes to the Financial Statements Continued
2. Intangible fixed assets
Other
Intangible
Assets
Cost or valuation
£
At 01 June 2023
105
At 31 May 2024
105
Net book value
At 31 May 2024
105
At 31 May 2023
105
3. Property, plant and equipment
Total
Fixtures and
fittings
Land and
buildings
£
£
£
Cost or
valuation
At 01 June 2023
698,057
192
697,865
At 31 May 2024
697,865
192
698,057
Provision for depreciation and impairmen
t
At 01 June 2023
184
184
-
Charge for year
2
2
-
At 31 May 2024
186
186
-
At 31 May 2024
Net book value
697,865
6
697,871
At 31 May 2023
697,865
8
697,873
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7
For the year ended 31 May 2024
DK&L Properties
Notes to the Financial Statements Continued
4. Investments held as fixed assets
Loans to Group and participating interests
Total
At 01 June 2023
123,200
123,200
Cost
£
£
Disposals/Repayments
(6,000)
(6,000)
At 31 May 2024
117,200
117,200
At 31 May 2024
Net book value
117,200
117,200
At 01 June 2023
123,200
123,200
5. Trade and other receivables
2023
2024
£
£
Other debtors
806
806
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
1,566
2,299
Other creditors
2,580
2,460
4,146
4,759
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
332,404
332,404
Other creditors
398,149
412,224
730,553
744,628
8. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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