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REGISTERED NUMBER: 12841313 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

DLM PROPERTY SOLUTIONS LTD

DLM PROPERTY SOLUTIONS LTD (REGISTERED NUMBER: 12841313)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DLM PROPERTY SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Ms D Cannon
Mr M J Hall





REGISTERED OFFICE: 64 Sandringham Drive
West Monkseaton
Whitley Bay
Tyne and Wear
NE25 9PA





REGISTERED NUMBER: 12841313 (England and Wales)





ACCOUNTANTS: Peter Jarman LLP
trading as
Peter Jarman & Company
1 Harbour House
Harbour Way
Shoreham by Sea
West Sussex
BN43 5HZ

DLM PROPERTY SOLUTIONS LTD (REGISTERED NUMBER: 12841313)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 75,000 75,000

CURRENT ASSETS
Debtors 5 2,301 2,691
Cash at bank 286 770
2,587 3,461
CREDITORS
Amounts falling due within one year 6 (7,168 ) (8,563 )
NET CURRENT LIABILITIES (4,581 ) (5,102 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,419

69,898

CREDITORS
Amounts falling due after more than one
year

7

(57,380

)

(58,518

)

PROVISIONS FOR LIABILITIES 9 (4,323 ) (4,323 )
NET ASSETS 8,716 7,057

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 18,428 18,428
Retained earnings (9,812 ) (11,471 )
SHAREHOLDERS' FUNDS 8,716 7,057

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

DLM PROPERTY SOLUTIONS LTD (REGISTERED NUMBER: 12841313)

BALANCE SHEET - continued
31 AUGUST 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 April 2025 and were signed on its behalf by:





Mr M J Hall - Director


DLM PROPERTY SOLUTIONS LTD (REGISTERED NUMBER: 12841313)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Dlm Property Solutions 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 represents rents receivable on investment properties for the accounting period

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 1 September 2023
and 31 August 2024 75,000
NET BOOK VALUE
At 31 August 2024 75,000
At 31 August 2023 75,000

DLM PROPERTY SOLUTIONS LTD (REGISTERED NUMBER: 12841313)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. INVESTMENT PROPERTY - continued

The property was purchased in November 2020, and has not been revalued at the year end August 2024. The directors do not believe the market value would have change in this period.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,301 2,691

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 7,168 8,563

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 57,380 58,518

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 57,380 58,518

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 57,380 58,518

The mortgage is secured by a charge over the assets in the company including investment property.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 4,323 4,323

Deferred
tax
£   
Balance at 1 September 2023 4,323
Balance at 31 August 2024 4,323

DLM PROPERTY SOLUTIONS LTD (REGISTERED NUMBER: 12841313)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

10. RESERVES
Fair
value
reserve
£   
At 1 September 2023
and 31 August 2024 18,428