Company Registration No. 13138911 (England and Wales)
Dragonfly Property Partners Ltd
Unaudited accounts
for the period from 1 February 2024 to 30 April 2025
Dragonfly Property Partners Ltd
Unaudited accounts
Contents
Dragonfly Property Partners Ltd
Company Information
for the period from 1 February 2024 to 30 April 2025
Directors
Lynn Munro
Fiona Smith
Company Number
13138911 (England and Wales)
Registered Office
OFFICE 7, ENTERPRISE HOUSE GRANTHAM ROAD
WADDINGTON
LINCOLN
LN5 9NT
ENGLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
Dragonfly Property Partners Ltd
Statement of financial position
as at 30 April 2025
Investment property
-
120,189
Cash at bank and in hand
9,270
2,785
Creditors: amounts falling due within one year
(4,592)
(42,111)
Net current assets/(liabilities)
4,678
(39,326)
Total assets less current liabilities
4,678
80,863
Creditors: amounts falling due after more than one year
-
(89,250)
Net assets/(liabilities)
4,678
(8,387)
Called up share capital
100
100
Profit and loss account
4,578
(8,487)
Shareholders' funds
4,678
(8,387)
For the period ending 30 April 2025 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 21 May 2025 and were signed on its behalf by
Lynn Munro
Director
Company Registration No. 13138911
Dragonfly Property Partners Ltd
Notes to the Accounts
for the period from 1 February 2024 to 30 April 2025
Dragonfly Property Partners Ltd is a private company, limited by shares, registered in England and Wales, registration number 13138911. The registered office is OFFICE 7, ENTERPRISE HOUSE GRANTHAM ROAD, WADDINGTON, LINCOLN, LN5 9NT, 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 period, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
The directors have considered the effect of future events on the company and has determined that they do not create a material uncertainty that casts significant doubt upon the company's ability to continue as a going concern. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.
Fair value at 1 February 2024
120,189
Dragonfly Property Partners Ltd
Notes to the Accounts
for the period from 1 February 2024 to 30 April 2025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,250
-
Other creditors
540
20,001
Loans from directors
2,276
21,751
6
Creditors: amounts falling due after more than one year
2025
2024
7
Average number of employees
During the period the average number of employees was 2 (2024: 2).