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REGISTERED NUMBER: 04085952 (England and Wales)









Financial Statements

for the Year Ended 31 July 2024

for

D J W T Limited

D J W T Limited (Registered number: 04085952)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


D J W T Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: D J Wright-Tomi





REGISTERED OFFICE: c/o Parker Cavendish, Suite 301,
Stanmore Business and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW





REGISTERED NUMBER: 04085952 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
Suite 301
Stanmore Business and Innovation Centre
Howard Road
Stanmore
Middlesex
HA7 1FW

D J W T Limited (Registered number: 04085952)

Statement of Financial Position
31 July 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 270,000 270,000

CURRENT ASSETS
Debtors 5 3,286 -
Cash at bank 13,152 9,347
16,438 9,347
CREDITORS
Amounts falling due within one year 6 (9,436 ) (11,410 )
NET CURRENT ASSETS/(LIABILITIES) 7,002 (2,063 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

277,002

267,937

PROVISIONS FOR LIABILITIES (35,061 ) (35,061 )
NET ASSETS 241,941 232,876

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 241,940 232,875
241,941 232,876

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2025 and were signed by:





D J Wright-Tomi - Director


D J W T Limited (Registered number: 04085952)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

D J W T Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historic cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

Turnover
Turnover represents rents receivable. Income is recognised over the period of the tenancy agreement.

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 270,000
NET BOOK VALUE
At 31 July 2024 270,000
At 31 July 2023 270,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 July 2024 by the director of the company. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

If investment property was stated on a historical cost basis rather than that of the fair value basis, the amount recognised in the accounts would have been £117,013 (2023: £117,013).

D J W T Limited (Registered number: 04085952)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,286 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 4,918 7,170
Other creditors 4,518 4,240
9,436 11,410

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within other creditors at the year end is an amount of £453 (2023: £175) due to the director D J Wright Tomi. During the year, interest of £87 (2023: £37) was charged by the company at a rate of 2.25% whilst the account was overdrawn.

The following aggregate amounts were advanced to the director during the year and were considered material;

April 2024 £10,633

There have been no other advances which individually were considered material and no other advances exceeding £10,000 to the director.

8. RELATED PARTY DISCLOSURES

At the year end, an amount of £3,286 (2023: £nil) was due from Balmoral Enterprises Limited, a company in which D J Wright-Tomi is a director. This amount has been provided unsecured, interest free and is repayable on demand.