Registered number
12284786
Demesne Land Limited
Unaudited Filleted Accounts
31 October 2024
Demesne Land Limited
Registered number: 12284786
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 454 600
Investments 4 1,120,560 745,000
1,121,014 745,600
Current assets
Debtors 5 3,772 425
Cash at bank and in hand 4,165 7,424
7,937 7,849
Creditors: amounts falling due within one year 6 (947,092) (565,844)
Net current liabilities (939,155) (557,995)
Total assets less current liabilities 181,859 187,605
Creditors: amounts falling due after more than one year 7 (199,279) (205,719)
Net liabilities (17,420) (18,114)
Capital and reserves
Called up share capital 800 800
Profit and loss account (18,220) (18,914)
Shareholders' funds (17,420) (18,114)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J Demachkie
Director
Approved by the board on 3 April 2025
Demesne Land Limited
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
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).The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.
Turnover
The company has no turnover as such as its income is all rent from rental properties. Rent is recognised in the accounts in the year to which it relates.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 November 2023 1,000
Additions 67
At 31 October 2024 1,067
Depreciation
At 1 November 2023 400
Charge for the year 213
At 31 October 2024 613
Net book value
At 31 October 2024 454
At 31 October 2023 600
4 Investments
Other
investments
£
Cost
At 1 November 2023 745,000
Additions 392,988
Revaluation (17,428)
At 31 October 2024 1,120,560
Investment properties are carried at fair value with gains/losses recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

All investment properties' fair value could be measured reliably without undue cost or effort. At the year end the Director, Mr J Demachkie, has assessed the fair value of each property and this is reflected in the cumulative carring amount.
5 Debtors 2024 2023
£ £
Deferred tax asset 3,301 192
Other debtors 471 233
3,772 425
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 6,442 6,253
Trade creditors - 122
Taxation and social security costs 3,319 -
Other creditors 937,331 559,469
947,092 565,844
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 199,279 205,719
8 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years 174,461 180,711
Secured bank loans 174,461 180,711
The above loans are secured via fixed charges over the company's investment properties.
9 Other information
Demesne Land Limited is a private company limited by shares and incorporated in England. Its registered office is:
19 Kenilworth Avenue
Harrow
England
HA2 8RZ
Demesne Land Limited 12284786 false 2023-11-01 2024-10-31 2024-10-31 VT Final Accounts July 2024 Mr J Demachkie No description of principal activity 12284786 2022-11-01 2023-10-31 12284786 core:WithinOneYear 2023-10-31 12284786 core:AfterOneYear 2023-10-31 12284786 core:ShareCapital 2023-10-31 12284786 core:RetainedEarningsAccumulatedLosses 2023-10-31 12284786 2023-11-01 2024-10-31 12284786 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12284786 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 12284786 bus:Director40 2023-11-01 2024-10-31 12284786 1 2023-11-01 2024-10-31 12284786 core:PlantMachinery 2023-11-01 2024-10-31 12284786 countries:England 2023-11-01 2024-10-31 12284786 bus:FRS102 2023-11-01 2024-10-31 12284786 bus:FilletedAccounts 2023-11-01 2024-10-31 12284786 2024-10-31 12284786 core:WithinOneYear 2024-10-31 12284786 core:AfterOneYear 2024-10-31 12284786 core:ShareCapital 2024-10-31 12284786 core:RetainedEarningsAccumulatedLosses 2024-10-31 12284786 core:PlantMachinery 2024-10-31 12284786 core:AdditionsToInvestments 2024-10-31 12284786 core:RevaluationsIncreaseDecreaseInInvestments 2024-10-31 12284786 2023-10-31 12284786 core:PlantMachinery 2023-10-31 iso4217:GBP xbrli:pure