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REGISTERED NUMBER: 09646203 (England and Wales)






Unaudited Financial Statements

for the Year Ended 30th June 2024

for

DAD HOMES LTD

DAD HOMES LTD (REGISTERED NUMBER: 09646203)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAD HOMES LTD

Company Information
for the Year Ended 30th June 2024







Directors: A Dad
M A Hussain





Registered office: 156 West Wycombe Road
High Wycombe
Buckinghamshire
HP12 3AE





Registered number: 09646203 (England and Wales)





Accountants: S G Beale and Co
Chartered Accountants
1 Kille House
Chinnor Road
Thame
Oxfordshire
OX9 3NU

DAD HOMES LTD (REGISTERED NUMBER: 09646203)

Balance Sheet
30th June 2024

2023 2024
£    £    Notes £    £   
FIXED ASSETS
1,224,865 Investment property 4 1,224,865

CURRENT ASSETS
45,332 Debtors 5 46,390
28,118 Cash at bank 8,254
73,450 54,644
CREDITORS
93,670 Amounts falling due within one year 6 64,199
(20,220 ) NET CURRENT LIABILITIES (9,555 )

1,204,645
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,215,310

CREDITORS

(964,035

)
Amounts falling due after more than one
year

7

(956,717

)

(71,797 ) PROVISIONS FOR LIABILITIES 9 (71,797 )
168,813 NET ASSETS 186,796

CAPITAL AND RESERVES
1 Called up share capital 10 1
215,393 Revaluation reserve 11 215,393
(46,581 ) Retained earnings 11 (28,598 )
168,813 SHAREHOLDERS' FUNDS 186,796

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th 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.

DAD HOMES LTD (REGISTERED NUMBER: 09646203)

Balance Sheet - continued
30th 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 24th March 2025 and were signed on its behalf by:





A Dad - Director


DAD HOMES LTD (REGISTERED NUMBER: 09646203)

Notes to the Financial Statements
for the Year Ended 30th June 2024

1. STATUTORY INFORMATION

Dad Homes 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 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 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
Fair value
At 1st July 2023
and 30th June 2024 1,224,865
Net book value
At 30th June 2024 1,224,865
At 30th June 2023 1,224,865

DAD HOMES LTD (REGISTERED NUMBER: 09646203)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

4. INVESTMENT PROPERTY - continued

Fair value at 30th June 2024 is represented by:
£   
Valuation in 2024 1,224,865

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 45,290 44,232
Amounts owed by associates 1,100 1,100
46,390 45,332

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 6,000 6,000
Corporation tax (2 ) (2 )
Directors' current accounts 42,290 71,761
Sundry creditors and accruals 15,911 15,911
64,199 93,670

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 33,182 40,500
Other loans (see note 8) 923,535 923,535
956,717 964,035

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 923,535 923,535

Repayable by instalments
Bank loans more 5 yr by instal 9,182 16,500

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 6,000 6,000

DAD HOMES LTD (REGISTERED NUMBER: 09646203)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

8. LOANS - continued
2024 2023
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 24,000 24,000

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Other loans more 5yrs non-inst 923,535 923,535

Repayable by instalments
Bank loans more 5 yr by instal 9,182 16,500

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 71,797 71,797

Deferred
tax
£   
Balance at 1st July 2023 71,797
Revaluation surplus adjustment
Balance at 30th June 2024 71,797

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

11. RESERVES
Retained Revaluation
Totals earnings reserve
£    £    £   

At 1st July 2023 168,812 (46,581 ) 215,393
Profit for the year 17,983 17,983
At 30th June 2024 186,795 (28,598 ) 215,393