2023-10-012024-09-302024-09-30false14769693Daniel Awde Property Rental Limited2025-02-2768209falseiso4217:GBPxbrli:pure147696932023-10-01147696932024-09-30147696932023-10-012024-09-30147696932023-03-30147696932023-09-30147696932023-03-302023-09-3014769693bus:SmallEntities2023-10-012024-09-3014769693bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3014769693bus:FullAccounts2023-10-012024-09-3014769693bus:PrivateLimitedCompanyLtd2023-10-012024-09-3014769693core:WithinOneYear2024-09-3014769693core:AfterOneYear2024-09-3014769693core:WithinOneYear2023-09-3014769693core:AfterOneYear2023-09-3014769693core:ShareCapital2024-09-3014769693core:SharePremium2024-09-3014769693core:RevaluationReserve2024-09-3014769693core:OtherReservesSubtotal2024-09-3014769693core:RetainedEarningsAccumulatedLosses2024-09-3014769693core:ShareCapital2023-09-3014769693core:SharePremium2023-09-3014769693core:RevaluationReserve2023-09-3014769693core:OtherReservesSubtotal2023-09-3014769693core:RetainedEarningsAccumulatedLosses2023-09-3014769693core:LandBuildings2024-09-3014769693core:PlantMachinery2024-09-3014769693core:Vehicles2024-09-3014769693core:FurnitureFittings2024-09-3014769693core:OfficeEquipment2024-09-3014769693core:NetGoodwill2024-09-3014769693core:IntangibleAssetsOtherThanGoodwill2024-09-3014769693core:ListedExchangeTraded2024-09-3014769693core:UnlistedNon-exchangeTraded2024-09-3014769693core:LandBuildings2023-09-3014769693core:PlantMachinery2023-09-3014769693core:Vehicles2023-09-3014769693core:FurnitureFittings2023-09-3014769693core:OfficeEquipment2023-09-3014769693core:NetGoodwill2023-09-3014769693core:IntangibleAssetsOtherThanGoodwill2023-09-3014769693core:ListedExchangeTraded2023-09-3014769693core:UnlistedNon-exchangeTraded2023-09-3014769693core:LandBuildings2023-10-012024-09-3014769693core:PlantMachinery2023-10-012024-09-3014769693core:Vehicles2023-10-012024-09-3014769693core:FurnitureFittings2023-10-012024-09-3014769693core:OfficeEquipment2023-10-012024-09-3014769693core:NetGoodwill2023-10-012024-09-3014769693core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3014769693core:ListedExchangeTraded2023-10-012024-09-3014769693core:UnlistedNon-exchangeTraded2023-10-012024-09-3014769693core:MoreThanFiveYears2023-10-012024-09-3014769693core:Non-currentFinancialInstruments2024-09-3014769693core:Non-currentFinancialInstruments2023-09-3014769693dpl:CostSales2023-10-012024-09-3014769693dpl:DistributionCosts2023-10-012024-09-3014769693core:LandBuildings2023-10-012024-09-3014769693core:PlantMachinery2023-10-012024-09-3014769693core:Vehicles2023-10-012024-09-3014769693core:FurnitureFittings2023-10-012024-09-3014769693core:OfficeEquipment2023-10-012024-09-3014769693dpl:AdministrativeExpenses2023-10-012024-09-3014769693core:NetGoodwill2023-10-012024-09-3014769693core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3014769693dpl:GroupUndertakings2023-10-012024-09-3014769693dpl:ParticipatingInterests2023-10-012024-09-3014769693dpl:GroupUndertakingscore:ListedExchangeTraded2023-10-012024-09-3014769693core:ListedExchangeTraded2023-10-012024-09-3014769693dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-10-012024-09-3014769693core:UnlistedNon-exchangeTraded2023-10-012024-09-3014769693dpl:CostSales2023-03-302023-09-3014769693dpl:DistributionCosts2023-03-302023-09-3014769693core:LandBuildings2023-03-302023-09-3014769693core:PlantMachinery2023-03-302023-09-3014769693core:Vehicles2023-03-302023-09-3014769693core:FurnitureFittings2023-03-302023-09-3014769693core:OfficeEquipment2023-03-302023-09-3014769693dpl:AdministrativeExpenses2023-03-302023-09-3014769693core:NetGoodwill2023-03-302023-09-3014769693core:IntangibleAssetsOtherThanGoodwill2023-03-302023-09-3014769693dpl:GroupUndertakings2023-03-302023-09-3014769693dpl:ParticipatingInterests2023-03-302023-09-3014769693dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-302023-09-3014769693core:ListedExchangeTraded2023-03-302023-09-3014769693dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-302023-09-3014769693core:UnlistedNon-exchangeTraded2023-03-302023-09-3014769693core:NetGoodwill2024-09-3014769693core:IntangibleAssetsOtherThanGoodwill2024-09-3014769693core:LandBuildings2024-09-3014769693core:PlantMachinery2024-09-3014769693core:Vehicles2024-09-3014769693core:FurnitureFittings2024-09-3014769693core:OfficeEquipment2024-09-3014769693core:AfterOneYear2024-09-3014769693core:WithinOneYear2024-09-3014769693core:ListedExchangeTraded2024-09-3014769693core:UnlistedNon-exchangeTraded2024-09-3014769693core:ShareCapital2024-09-3014769693core:SharePremium2024-09-3014769693core:RevaluationReserve2024-09-3014769693core:OtherReservesSubtotal2024-09-3014769693core:RetainedEarningsAccumulatedLosses2024-09-3014769693core:NetGoodwill2023-09-3014769693core:IntangibleAssetsOtherThanGoodwill2023-09-3014769693core:LandBuildings2023-09-3014769693core:PlantMachinery2023-09-3014769693core:Vehicles2023-09-3014769693core:FurnitureFittings2023-09-3014769693core:OfficeEquipment2023-09-3014769693core:AfterOneYear2023-09-3014769693core:WithinOneYear2023-09-3014769693core:ListedExchangeTraded2023-09-3014769693core:UnlistedNon-exchangeTraded2023-09-3014769693core:ShareCapital2023-09-3014769693core:SharePremium2023-09-3014769693core:RevaluationReserve2023-09-3014769693core:OtherReservesSubtotal2023-09-3014769693core:RetainedEarningsAccumulatedLosses2023-09-3014769693core:NetGoodwill2023-03-3014769693core:IntangibleAssetsOtherThanGoodwill2023-03-3014769693core:LandBuildings2023-03-3014769693core:PlantMachinery2023-03-3014769693core:Vehicles2023-03-3014769693core:FurnitureFittings2023-03-3014769693core:OfficeEquipment2023-03-3014769693core:AfterOneYear2023-03-3014769693core:WithinOneYear2023-03-3014769693core:ListedExchangeTraded2023-03-3014769693core:UnlistedNon-exchangeTraded2023-03-3014769693core:ShareCapital2023-03-3014769693core:SharePremium2023-03-3014769693core:RevaluationReserve2023-03-3014769693core:OtherReservesSubtotal2023-03-3014769693core:RetainedEarningsAccumulatedLosses2023-03-3014769693core:AfterOneYear2023-10-012024-09-3014769693core:WithinOneYear2023-10-012024-09-3014769693core:Non-currentFinancialInstrumentscore:CostValuation2023-10-012024-09-3014769693core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-012024-09-3014769693core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-012024-09-3014769693core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-012024-09-3014769693core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-012024-09-3014769693core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-012024-09-3014769693core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3014769693core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3014769693core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-012024-09-3014769693core:Non-currentFinancialInstrumentscore:CostValuation2024-09-3014769693core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-09-3014769693core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-09-3014769693core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-09-3014769693core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-09-3014769693core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-09-3014769693core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-09-3014769693core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-09-3014769693core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-09-3014769693core:Non-currentFinancialInstrumentscore:CostValuation2023-09-3014769693core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-09-3014769693core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-09-3014769693core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-09-3014769693core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-09-3014769693core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-09-3014769693core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-09-3014769693core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-09-3014769693core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-09-3014769693bus:Director12023-10-012024-09-30

Daniel Awde Property Rental Limited

Registered Number
14769693
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

Daniel Awde Property Rental Limited
Company Information
for the year from 1 October 2023 to 30 September 2024

Director

Daniel James Awde

Registered Address

4 Mason Court Gillan Way
Penrith 40 Business Park
Penrith
CA11 9GR

Registered Number

14769693 (England and Wales)
Daniel Awde Property Rental Limited
Statement of Financial Position
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investment property3125,931-
125,931-
Current assets
Debtors43721
Cash at bank and on hand6,686-
7,0581
Creditors amounts falling due within one year5(55,797)-
Net current assets (liabilities)(48,739)1
Total assets less current liabilities77,1921
Creditors amounts falling due after one year6(78,952)-
Net assets(1,760)1
Capital and reserves
Called up share capital11
Profit and loss account(1,761)-
Shareholders' funds(1,760)1
The financial statements were approved and authorised for issue by the Director on 27 February 2025, and are signed on its behalf by:
Daniel James Awde
Director
Registered Company No. 14769693
Daniel Awde Property Rental Limited
Notes to the Financial Statements
for the year ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year00
3.Investment property
Paragon Bank PLC hold a charge over the property registered with Companies House on the 5 July 2024.

£
Additions125,931
At 30 September 24125,931
4.Debtors: amounts due within one year

2024

2023

££
Amounts owed by group undertakings-1
Prepayments and accrued income372-
Total3721
5.Creditors: amounts due within one year

2024

2023

££
Bank borrowings and overdrafts5,048-
Amounts owed to related parties49,999-
Accrued liabilities and deferred income750-
Total55,797-
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts78,952-
Total78,952-
7.Parent-subsidiary relationships
The company is under the control of Daniel Awde Limited (Company Number 11559974).