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REGISTERED NUMBER: 05010708 (England and Wales)












DANIELLA PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






DANIELLA PROPERTIES LIMITED (REGISTERED NUMBER: 05010708)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


DANIELLA PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mr A Mousicos





REGISTERED OFFICE: 88 The Woodlands
Southgate
London
N14 5RX





REGISTERED NUMBER: 05010708 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

DANIELLA PROPERTIES LIMITED (REGISTERED NUMBER: 05010708)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45 90
Investment property 5 475,000 475,000
475,045 475,090

CURRENT ASSETS
Debtors 6 - 2,024
Cash at bank 4,422 2,392
4,422 4,416
CREDITORS
Amounts falling due within one year 7 38,317 36,332
NET CURRENT LIABILITIES (33,895 ) (31,916 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

441,150

443,174

CREDITORS
Amounts falling due after more than one year 8 (168,440 ) (168,244 )

PROVISIONS FOR LIABILITIES 11 (30,259 ) (30,259 )
NET ASSETS 242,451 244,671

CAPITAL AND RESERVES
Called up share capital 12 100 100
Fair value reserve 13 230,217 230,217
Retained earnings 13 12,134 14,354
SHAREHOLDERS' FUNDS 242,451 244,671

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DANIELLA PROPERTIES LIMITED (REGISTERED NUMBER: 05010708)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 March 2025 and were signed by:





Mr A Mousicos - Director


DANIELLA PROPERTIES LIMITED (REGISTERED NUMBER: 05010708)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Daniella Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 represents the net rents receivable, excluding value added tax. Turnover is recognised when rent becomes due under the lease agreement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

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 Income Statement, 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 statement of financial position date.

Deferred tax
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

However, deferred tax assets are recognised only to the extent that the director considers that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

DANIELLA PROPERTIES LIMITED (REGISTERED NUMBER: 05010708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023
and 30 June 2024 180
DEPRECIATION
At 1 July 2023 90
Charge for year 45
At 30 June 2024 135
NET BOOK VALUE
At 30 June 2024 45
At 30 June 2023 90

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 475,000
NET BOOK VALUE
At 30 June 2024 475,000
At 30 June 2023 475,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2007 85,530
Valuation in 2014 30,000
Valuation in 2022 145,000
Cost 214,470
475,000

If the investment property had not been revalued it would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 214,470 214,470

Investment property was valued on an open market basis on 30 June 2022 by the director .

DANIELLA PROPERTIES LIMITED (REGISTERED NUMBER: 05010708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors - 1,800
Prepayments - 224
- 2,024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other loans 33,324 33,524
Tax - 284
Other creditors 1,700 -
Directors' loan accounts 89 44
Accruals and deferred income 1,700 1,100
Accrued expenses 1,504 1,380
38,317 36,332

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans (see note 9) 168,440 168,244

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 168,440 168,244

9. LOANS

An analysis of the maturity of loans is given below:

30.6.24 30.6.23
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 168,440 168,244

10. SECURED DEBTS

The following secured debts are included within creditors:

30.6.24 30.6.23
£    £   
Bank loans 168,440 168,244

The director, Mr A Mousicos, has given unlimited personal guarantees regarding the bank loan.

DANIELLA PROPERTIES LIMITED (REGISTERED NUMBER: 05010708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


11. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 30,259 30,259

Deferred
tax
£   
Balance at 1 July 2023 30,259
Balance at 30 June 2024 30,259

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary £1 100 100

13. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 July 2023 14,354 230,217 244,571
Deficit for the year (2,220 ) (2,220 )
At 30 June 2024 12,134 230,217 242,351

14. ULTIMATE CONTROLLING PARTY

At the balance sheet date, Mousicos Holdings Ltd controls the company by virtue of holding 100 per cent of the issued ordinary share capital.