Company Registration No. 12658089 (England and Wales)
DTL PROPERTIES LTD
Unaudited accounts
for the year ended 30 June 2024
DTL PROPERTIES LTD
Unaudited accounts
Contents
DTL PROPERTIES LTD
Company Information
for the year ended 30 June 2024
Director
Yemisi Felicial LAWAL
Company Number
12658089 (England and Wales)
Registered Office
1558A STRATFORD ROAD
HALL GREEN
BIRMINGHAM
WEST MIDLANDS
B28 9HA
UNITED KINGDOM
Accountants
Johnson Olanrewaju
High Glory Associates
10 Riverdale Road
Kent
BEXLEY
Dartford, Kent
DA5 1QZ
DTL PROPERTIES LTD
Statement of financial position
as at 30 June 2024
Tangible assets
513,000
529,200
Cash at bank and in hand
6,899
4,418
Creditors: amounts falling due within one year
(75,527)
(75,121)
Net current liabilities
(60,765)
(70,703)
Total assets less current liabilities
452,235
458,497
Creditors: amounts falling due after more than one year
(451,000)
(463,752)
Net assets/(liabilities)
1,235
(5,255)
Called up share capital
100
100
Profit and loss account
1,135
(5,355)
Shareholders' funds
1,235
(5,255)
For the year ending 30 June 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 December 2024 and were signed on its behalf by
Yemisi Felicial LAWAL
Director
Company Registration No. 12658089
DTL PROPERTIES LTD
Notes to the Accounts
for the year ended 30 June 2024
DTL PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12658089. The registered office is 1558A STRATFORD ROAD, HALL GREEN, BIRMINGHAM, WEST MIDLANDS, B28 9HA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% fixed depreciation to be provided
4
Tangible fixed assets
Land & buildings
Charge for the year
16,200
Amounts falling due within one year
DTL PROPERTIES LTD
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
18,000
18,000
Taxes and social security
266
-
Loans from directors
56,541
53,115
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
351,000
381,000
Loans from directors
100,000
82,752
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).