D&J Property Cheshire Limited 10579056 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is property rental. Digita Accounts Production Advanced 6.30.9574.0 true 10579056 2023-06-01 2024-05-31 10579056 2024-05-31 10579056 core:RetainedEarningsAccumulatedLosses 2024-05-31 10579056 core:ShareCapital 2024-05-31 10579056 core:CurrentFinancialInstruments 2024-05-31 10579056 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 10579056 core:Non-currentFinancialInstruments core:AfterOneYear 2024-05-31 10579056 bus:SmallEntities 2023-06-01 2024-05-31 10579056 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 10579056 bus:FilletedAccounts 2023-06-01 2024-05-31 10579056 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10579056 bus:RegisteredOffice 2023-06-01 2024-05-31 10579056 bus:Director1 2023-06-01 2024-05-31 10579056 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10579056 countries:AllCountries 2023-06-01 2024-05-31 10579056 2023-05-31 10579056 2022-06-01 2023-05-31 10579056 2023-05-31 10579056 core:RetainedEarningsAccumulatedLosses 2023-05-31 10579056 core:ShareCapital 2023-05-31 10579056 core:CurrentFinancialInstruments 2023-05-31 10579056 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 10579056 core:Non-currentFinancialInstruments core:AfterOneYear 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 10579056

D&J Property Cheshire Limited

Unaudited Financial Statements

for the Year Ended 31 May 2024

 

D&J Property Cheshire Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

D&J Property Cheshire Limited

(Registration number: 10579056)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

1,394,226

1,394,226

Current assets

 

Debtors

5

211,040

237,111

Cash at bank and in hand

 

25,238

32,538

 

236,278

269,649

Creditors: Amounts falling due within one year

6

(145,248)

(170,692)

Net current assets

 

91,030

98,957

Total assets less current liabilities

 

1,485,256

1,493,183

Creditors: Amounts falling due after more than one year

6

(1,247,581)

(1,255,081)

Net assets

 

237,675

238,102

Capital and reserves

 

Called up share capital

100

100

Retained earnings

237,575

238,002

Shareholders' funds

 

237,675

238,102

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 May 2025 and signed on its behalf by:
 

.........................................
Mr D Skeffington
Director

 

D&J Property Cheshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

D&J Property Cheshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Tax

The tax expense for the period comprises current tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Investment properties

2024
£

At 1 June

1,394,226

At 31 May

1,394,226

The Directors did not believe that it was commercially viable to revalue the properties at the balance sheet date and so the properties are currently held on the Balance Sheet at cost.

5

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

177,464

236,364

Other debtors

 

33,576

747

   

211,040

237,111

 

D&J Property Cheshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Bank loans

7,500

7,500

Other creditors

 

137,748

163,192

 

145,248

170,692

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Bank loans and mortgages

1,247,581

1,255,081

Included within bank loans and mortgages are mortgages which are secured against the investment properties totalling £1,240,081 (2023 - £1,240,081).