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Registered number: 10714673

DRP Estates Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
David A Hopkins
Chartered Accountant
7 King Street
Wrexham
LL11 1HF

DRP Estates Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
Mr D Platt
SECRETARY
Mr D Platt
REGISTERED OFFICE
Hillside Farm
Wern, Bersham
Wrexham
LL14 4LU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10714673
ACCOUNTANTS
David A Hopkins
Chartered Accountant
7 King Street
Wrexham
LL11 1HF

DRP Estates Ltd

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

DRP Estates Ltd

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Investment Assets32,200,000950,000
CURRENT ASSETS
Current Asset Investments4130-
Cash at bank and in hand145,214145,344
145,344145,344
CREDITORS: Amounts falling due within one year5200200
NET CURRENT ASSETS145,144145,144
TOTAL ASSETS LESS CURRENT LIABILITIES2,345,1441,095,144
CAPITAL AND RESERVES
Called up share capital611
Profit and loss account2,345,1431,095,143
SHAREHOLDERS' FUNDS2,345,1441,095,144
For the year ending 30/04/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 31/01/2025 and signed on their behalf by
.............................
Mr D Platt
Director

DRP Estates Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
2. EMPLOYEES
20242023
No.No.
Average number of employees--
3. FINANCIAL ASSETS
LoansTotal
££
Cost
At 01/05/2023950,000950,000
Additions1,250,0001,250,000
At 30/04/20242,200,0002,200,000
Amortisation
Net Book Amounts
At 30/04/20242,200,0002,200,000
At 30/04/2023950,000950,000

DRP Estates Ltd

4. CURRENT ASSET INVESTMENTS
20242023
££
Shares in subsidiaries130-
130-
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax-200
Directors current account200-
200200
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
7. DIVIDENDS RECEIVED
and paid
30/04/202430/04/2023
Dividend from DRP Joinery Ltd1,261,986332,903
Dividend to Mr D Platt(11,986)(37,903)
8. RELATED PARTY TRANSACTIONS
£1,250,000 needed for an investment in Knight Hill Holdings Ltd was put on deposit in the name of D R Platt to obtain a better rate of interest and then paid on to Knight Hill Holdings Ltd as a loan.
Knight Hill Holdings Ltd is now a 65% subsidiary of DRP Estates Ltd. It is a house building company.