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REGISTERED NUMBER: 12759799 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Diggory O'Kane Limited

Diggory O'Kane Limited (Registered number: 12759799)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Diggory O'Kane Limited (Registered number: 12759799)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 878,913 634,936

CURRENT ASSETS
Debtors 5 408 179
Cash at bank 26,227 17,155
26,635 17,334
CREDITORS
Amounts falling due within one
year

6

289,638

192,396
NET CURRENT LIABILITIES (263,003 ) (175,062 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

615,910

459,874

CREDITORS
Amounts falling due after more
than one year

7

(564,744

)

(409,953

)

PROVISIONS FOR LIABILITIES (7,892 ) (7,892 )
NET ASSETS 43,274 42,029

RESERVES
Fair value reserve 8 33,646 33,646
Retained earnings 9,628 8,383
43,274 42,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Diggory O'Kane Limited (Registered number: 12759799)

Balance Sheet - continued
31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 February 2025 and were signed on its behalf by:





K H O'Kane - Director


Diggory O'Kane Limited (Registered number: 12759799)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Diggory O'Kane Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12759799

Registered office: 39 High Street
Eaton Bray
United Kingdom
LU6 2DN

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.

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 Statement of Income and Retained Earnings, 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 NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 634,936
Additions 243,977
At 31 July 2024 878,913
NET BOOK VALUE
At 31 July 2024 878,913
At 31 July 2023 634,936

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2024 878,913

Diggory O'Kane Limited (Registered number: 12759799)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. INVESTMENT PROPERTY - continued

If the investment properties had not been revalued they would have been included at the following historical cost:

31.7.24 31.7.23
£    £   
Cost 837,375 593,398

The investment properties were valued on an open market basis on 7 February 2025 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 408 179

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 23,236 15,277
Taxation and social security 292 2,094
Other creditors 266,110 175,025
289,638 192,396

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 564,744 409,953

8. RESERVES
Fair
value
reserve
£   
At 1 August 2023
and 31 July 2024 33,646