Registered number
14353971
Dhian Homes Ltd
Filleted Accounts
30 September 2024
Dhian Homes Ltd
Registered number: 14353971
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 377,624 -
Current assets
Cash at bank and in hand 2,093 -
Creditors: amounts falling due within one year 4 (241,349) (2,600)
Net current liabilities (239,256) (2,600)
Total assets less current liabilities 138,368 (2,600)
Creditors: amounts falling due after more than one year 5 (148,226) -
Net liabilities (9,858) (2,600)
Capital and reserves
Called up share capital 100 100
Profit and loss account (9,958) (2,700)
Shareholders' funds (9,858) (2,600)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Manjit Sathi
Director
Approved by the board on 24 June 2025
Dhian Homes Ltd
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Investments
Other
investments
£
Cost
Additions 377,624
At 30 September 2024 377,624
Other Investments
Freehold Proeprty 377,624
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 241,349 2,600
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 148,226 -
6 Loans 2024 2023
£ £
Creditors include:
Secured bank loans 148,226 -
The company has a drawdown loan facility with Octane Capital. The drawdown facility is repayable ondemand. Loan securities charges against the assets of the company. The balance on development finance at the end of September 2024 is £148,226. The interest rate charged is 5.84%per annum.
7 Other information
Dhian Homes Ltd is a private company limited by shares and incorporated in England. Its registered office is:
27 Carisbrooke Road
Rochester
England
ME2 3SN
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