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REGISTERED NUMBER: 12058391 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

DTM PROPERTY LTD

DTM PROPERTY LTD (REGISTERED NUMBER: 12058391)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DTM PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr D A J Thomas
Mr T Morbey





SECRETARY: Mr T Morbey





REGISTERED OFFICE: The Old Vicarage
Aylesbury Road
Chearsley
Buckinghamshire
HP18 0BS





BUSINESS ADDRESS: 13 Winfrith Way
Nursling
Southampton
Hampshire
SO16 0XB





REGISTERED NUMBER: 12058391 (England and Wales)





ACCOUNTANTS: BK Plus Limited
Chartered Certified Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

DTM PROPERTY LTD (REGISTERED NUMBER: 12058391)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 315,000 301,824

CURRENT ASSETS
Stocks - 235,591
Debtors 5 801 1,369
Cash at bank 5,358 6,568
6,159 243,528
CREDITORS
Amounts falling due within one year 6 37,090 53,038
NET CURRENT (LIABILITIES)/ASSETS (30,931 ) 190,490
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,069

492,314

CREDITORS
Amounts falling due after more than one
year

7

287,500

498,165
NET LIABILITIES (3,431 ) (5,851 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (3,433 ) (5,853 )
SHAREHOLDERS' FUNDS (3,431 ) (5,851 )

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 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.

DTM PROPERTY LTD (REGISTERED NUMBER: 12058391)

BALANCE SHEET - 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 Board of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by:




Mr D A J Thomas - Director



Mr T Morbey - Director


DTM PROPERTY LTD (REGISTERED NUMBER: 12058391)

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


1. STATUTORY INFORMATION

DTM Property Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

At the year end the company had an overdrawn balance sheet. The directors have agreed to provide financial support to the company for the foreseeable future and for at least twelve months from the date of signing the accounts and therefore the accounts have been prepared on the going concern basis.

Turnover
Turnover represents amounts receivable from rental income.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

DTM PROPERTY LTD (REGISTERED NUMBER: 12058391)

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


4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 July 2023 301,824
Revaluations 13,176
At 30 June 2024 315,000
NET BOOK VALUE
At 30 June 2024 315,000
At 30 June 2023 301,824

Cost or valuation at 30 June 2024 is represented by:
£   
Valuation in 2019 301,824
Valuation in 2024 13,176
315,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 801 1,369

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 16,000 32,000
Other creditors 21,090 21,038
37,090 53,038

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 245,986 245,905
Other creditors 41,514 252,260
287,500 498,165

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 245,986 245,905

DTM PROPERTY LTD (REGISTERED NUMBER: 12058391)

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


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 245,986 245,905

Bank loans are secured over the assets of the company