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REGISTERED NUMBER: 12757684 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

DOMESTIC SEVEN PROPERTIES LIMITED

DOMESTIC SEVEN PROPERTIES LIMITED (REGISTERED NUMBER: 12757684)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DOMESTIC SEVEN PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: D Clarke
C Gleadall





SECRETARY:





REGISTERED OFFICE: 14 Southbrook Terrace
Bradford
BD7 1AD





REGISTERED NUMBER: 12757684 (England and Wales)





ACCOUNTANTS: Southbrook Accountants Limited
14 Southbrook Terrace
Bradford
West Yorkshire
BD7 1AD

DOMESTIC SEVEN PROPERTIES LIMITED (REGISTERED NUMBER: 12757684)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 47,574 47,763

CURRENT ASSETS
Debtors 5 2,718 588
Cash at bank 48,959 1,742
51,677 2,330
CREDITORS
Amounts falling due within one year 6 805 709
NET CURRENT ASSETS 50,872 1,621
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,446

49,384

CREDITORS
Amounts falling due after more than one
year

7

101,495

49,000
NET (LIABILITIES)/ASSETS (3,049 ) 384

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (3,149 ) 284
SHAREHOLDERS' FUNDS (3,049 ) 384

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 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.

DOMESTIC SEVEN PROPERTIES LIMITED (REGISTERED NUMBER: 12757684)

BALANCE SHEET - continued
31 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 May 2025 and were signed on its behalf by:




D Clarke - Director



C Gleadall - Director


DOMESTIC SEVEN PROPERTIES LIMITED (REGISTERED NUMBER: 12757684)

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

1. STATUTORY INFORMATION

Domestic Seven Properties 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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 NIL (2023 - NIL).

DOMESTIC SEVEN PROPERTIES LIMITED (REGISTERED NUMBER: 12757684)

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

4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 47,192 571 47,763
DEPRECIATION
Charge for year - 189 189
At 31 July 2024 - 189 189
NET BOOK VALUE
At 31 July 2024 47,192 382 47,574
At 31 July 2023 47,192 571 47,763

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,718 588

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 101 5
Other creditors 704 704
805 709

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 92,385 -
Other creditors 9,110 49,000
101,495 49,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 92,385 -

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D Clarke.