Company Registration No. 12881743 (England and Wales)
DMB PROPERTY INVESTMENT LIMITED
Unaudited accounts
for the year ended 30 September 2024
DMB PROPERTY INVESTMENT LIMITED
Unaudited accounts
Contents
DMB PROPERTY INVESTMENT LIMITED
Company Information
for the year ended 30 September 2024
Directors
Boiko Zamfirov
Matthew Shore
Company Number
12881743 (England and Wales)
Registered Office
4 East Street
Crowland
Peterborough
Cambridgeshire
PE6 0EN
England
Accountants
Nikolay Atanasov, Shubraka Opportunities Limited
c/o The Explorers Club
Devonshire House
One Mayfair Place
London
W1J 8AJ
DMB PROPERTY INVESTMENT LIMITED
Statement of financial position
as at 30 September 2024
Investment property
367,695
354,526
Cash at bank and in hand
8,707
3,756
Creditors: amounts falling due within one year
(7,400)
(5,050)
Net current assets/(liabilities)
1,307
(1,294)
Total assets less current liabilities
369,002
353,232
Creditors: amounts falling due after more than one year
(340,595)
(340,595)
Provisions for liabilities
Deferred tax
(5,360)
(2,858)
Called up share capital
150
150
Revaluation reserve
15,043
15,043
Profit and loss account
7,854
(5,414)
Shareholders' funds
23,047
9,779
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by
Boiko Zamfirov
Director
Company Registration No. 12881743
DMB PROPERTY INVESTMENT LIMITED
Notes to the Accounts
for the year ended 30 September 2024
DMB PROPERTY INVESTMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12881743. The registered office is 4 East Street, Crowland, Peterborough, Cambridgeshire, PE6 0EN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Any unrealised revaluation gain or loss on investment property is transferred to a non- distributable reserve.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 October 2023
354,526
At 30 September 2024
367,695
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
160
Loans from directors
7,250
4,890
DMB PROPERTY INVESTMENT LIMITED
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
245,595
245,595
Other creditors
95,000
95,000
7
Average number of employees
During the year the average number of employees was 3 (2023: 0).