Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30trueproperty consultants2023-07-01false89trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06629038 2023-07-01 2024-06-30 06629038 2022-07-01 2023-06-30 06629038 2024-06-30 06629038 2023-06-30 06629038 c:Director1 2023-07-01 2024-06-30 06629038 d:FurnitureFittings 2023-07-01 2024-06-30 06629038 d:FurnitureFittings 2024-06-30 06629038 d:FurnitureFittings 2023-06-30 06629038 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06629038 d:CurrentFinancialInstruments 2024-06-30 06629038 d:CurrentFinancialInstruments 2023-06-30 06629038 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 06629038 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06629038 d:ShareCapital 2024-06-30 06629038 d:ShareCapital 2023-06-30 06629038 d:RetainedEarningsAccumulatedLosses 2024-06-30 06629038 d:RetainedEarningsAccumulatedLosses 2023-06-30 06629038 c:OrdinaryShareClass1 2023-07-01 2024-06-30 06629038 c:OrdinaryShareClass1 2024-06-30 06629038 c:FRS102 2023-07-01 2024-06-30 06629038 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06629038 c:FullAccounts 2023-07-01 2024-06-30 06629038 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06629038 d:WithinOneYear 2024-06-30 06629038 d:WithinOneYear 2023-06-30 06629038 d:BetweenOneFiveYears 2024-06-30 06629038 d:BetweenOneFiveYears 2023-06-30 06629038 2 2023-07-01 2024-06-30 06629038 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 06629038














DI PROPERTIES DEVELOPMENT AND INVESTMENT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  30 JUNE 2024

 
DI PROPERTIES DEVELOPMENT AND INVESTMENT LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 5

 
DI PROPERTIES DEVELOPMENT AND INVESTMENT LIMITED
REGISTERED NUMBER:06629038

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,812
6,134

Current assets
  

Debtors: amounts falling due within one year
 5 
264,712
222,353

Cash at bank and in hand
  
1,837,307
1,954,152

  
2,102,019
2,176,505

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(366,514)
(466,866)

Net current assets
  
 
 
1,735,505
 
 
1,709,639

Net assets
  
1,739,317
1,715,773


Capital and reserves
  

Called up share capital 
 7 
1,000
1,000

Profit and loss account
  
1,738,317
1,714,773

  
1,739,317
1,715,773


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


D Ishack
Director

Date: 27 March 2025

The notes on pages 2 to 5 form part of these financial statements.
Page 1

 
DI PROPERTIES DEVELOPMENT AND INVESTMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

DI Properties Development and Investment Limited is a private limited liability company registered in England and Wales with its registered office at 2nd Floor, Connaught House, 1-3 Mount Street (Entrance via Davies Street), London, W1K 3NB.
The principal activity of the company was that of property consultants.
The financial statements are presented in pound sterling which is the functional currency of the company.


2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.
Revenue is recognised on the date of completion.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is provided on the following basis:

Fixtures & fittings
-
25% straight line

 
2.4

Debtors

Short-term debtors are measured at the transaction price, less any impairment

 
2.5

Creditors

Short-term creditors are measured at the transaction price.

Page 2

 
DI PROPERTIES DEVELOPMENT AND INVESTMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

Dividends

Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.7

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.8

Pensions

Defined contribution pension plan
The company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.10

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.



3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2023 - 9).

Page 3

 
DI PROPERTIES DEVELOPMENT AND INVESTMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Fixtures & fittings

£



Cost


At 1 July 2023
73,508


Additions
1,069


Disposals
(1,804)



At 30 June 2024

72,773



Depreciation


At 1 July 2023
67,374


Charge for the year on owned assets
1,587



At 30 June 2024

68,961



Net book value



At 30 June 2024
3,812



At 30 June 2023
6,134

Page 4

 
DI PROPERTIES DEVELOPMENT AND INVESTMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Other debtors
239,272
198,917

Prepayments and accrued income
25,440
23,436

264,712
222,353



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
31,857
20,194

Taxation and social security
98,395
223,178

Other creditors
223,762
206,151

Accruals and deferred income
12,500
17,343

366,514
466,866





7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 Ordinary shares of £1 each
1,000
1,000



8.


Commitments under operating leases

At 30 June 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
83,000
80,000

Later than 1 year and not later than 5 years
105,000
100,000

188,000
180,000

 
Page 5