Company Registration No. 10869699 (England and Wales)
DGROUND LIMITED
Unaudited accounts
for the year ended 31 July 2024
DGROUND LIMITED
Unaudited accounts
Contents
DGROUND LIMITED
Company Information
for the year ended 31 July 2024
Company Number
10869699 (England and Wales)
Registered Office
6 Whittaker Road
Sutton
Surrey
SM3 9QG
Accountants
CapShire UK LLP
4th Floor 86-90 Paul Street
London
EC2A 4NE
DGROUND LIMITED
Statement of financial position
as at 31 July 2024
Investment property
555,711
315,452
Cash at bank and in hand
15,170
8,843
Creditors: amounts falling due within one year
(194,301)
(121,870)
Net current liabilities
(179,031)
(112,927)
Total assets less current liabilities
376,680
202,525
Creditors: amounts falling due after more than one year
(347,600)
(175,100)
Provisions for liabilities
Deferred tax
(3,705)
(3,705)
Called up share capital
100
100
Fair value reserve
15,795
15,795
Profit and loss account
9,480
7,825
Shareholders' funds
25,375
23,720
For the year ending 31 July 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 27 February 2025 and were signed on its behalf by
Tauseef Ahmed
Director
Company Registration No. 10869699
DGROUND LIMITED
Notes to the Accounts
for the year ended 31 July 2024
DGROUND LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10869699. The registered office is 6 Whittaker Road , Sutton, Surrey, SM3 9QG.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).