De Villiers Surveyors Limited 04918194 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Chartered Surveyors. Digita Accounts Production Advanced 6.30.9574.0 true 04918194 2023-10-01 2024-09-30 04918194 2024-09-30 04918194 core:RetainedEarningsAccumulatedLosses 2024-09-30 04918194 core:ShareCapital 2024-09-30 04918194 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-09-30 04918194 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2024-09-30 04918194 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:CurrentFinancialInstruments 2024-09-30 04918194 core:CurrentFinancialInstruments 2024-09-30 04918194 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 04918194 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 04918194 core:FurnitureFittings 2024-09-30 04918194 core:MotorVehicles 2024-09-30 04918194 core:OfficeEquipment 2024-09-30 04918194 bus:SmallEntities 2023-10-01 2024-09-30 04918194 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04918194 bus:FilletedAccounts 2023-10-01 2024-09-30 04918194 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04918194 bus:RegisteredOffice 2023-10-01 2024-09-30 04918194 bus:CompanySecretaryDirector1 2023-10-01 2024-09-30 04918194 bus:Director1 2023-10-01 2024-09-30 04918194 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04918194 bus:Agent1 2023-10-01 2024-09-30 04918194 core:FurnitureFittings 2023-10-01 2024-09-30 04918194 core:MotorVehicles 2023-10-01 2024-09-30 04918194 core:OfficeEquipment 2023-10-01 2024-09-30 04918194 countries:England 2023-10-01 2024-09-30 04918194 2023-09-30 04918194 core:FurnitureFittings 2023-09-30 04918194 core:MotorVehicles 2023-09-30 04918194 core:OfficeEquipment 2023-09-30 04918194 2022-10-01 2023-09-30 04918194 2023-09-30 04918194 bus:Director1 1 2023-09-30 04918194 core:RetainedEarningsAccumulatedLosses 2023-09-30 04918194 core:ShareCapital 2023-09-30 04918194 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-09-30 04918194 core:HirePurchaseContracts core:Non-currentFinancialInstruments 2023-09-30 04918194 core:CurrentFinancialInstruments 2023-09-30 04918194 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 04918194 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 04918194 core:FurnitureFittings 2023-09-30 04918194 core:MotorVehicles 2023-09-30 04918194 core:OfficeEquipment 2023-09-30 04918194 bus:Director1 1 2022-10-01 2023-09-30 04918194 bus:Director1 1 2022-09-30 iso4217:GBP xbrli:pure

Registration number: 04918194

De Villiers Surveyors Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

De Villiers Surveyors Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 10

 

De Villiers Surveyors Limited

Company Information

Directors

Mr J Perris

Mrs L Ghyaram

Company secretary

Mrs L Ghyaram

Registered office

197 Cavendish Works Burnt Oak Broadway,
Edgware
Middlesex
HA8 5EH

Accountants

JTTF Accountants Ltd 19 Lillian Road
London
SW13 9JG

 

De Villiers Surveyors Limited

(Registration number: 04918194)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

26,610

46,952

Investment property

5

507,525

333,053

 

534,135

380,005

Current assets

 

Debtors

7

301,273

346,754

Other financial assets

6

4,807

4,807

Cash at bank and in hand

 

353,286

309,758

 

659,366

661,319

Creditors: Amounts falling due within one year

8

(370,582)

(284,118)

Net current assets

 

288,784

377,201

Total assets less current liabilities

 

822,919

757,206

Creditors: Amounts falling due after more than one year

8

-

(8,464)

Provisions for liabilities

(289,999)

(289,999)

Net assets

 

532,920

458,743

Capital and reserves

 

Called up share capital

100

100

Retained earnings

532,820

458,643

Shareholders' funds

 

532,920

458,743

For the financial year ending 30 September 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.

 

De Villiers Surveyors Limited

(Registration number: 04918194)
Balance Sheet as at 30 September 2024

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 24 June 2025 and signed on its behalf by:
 

.........................................
Mr J Perris
Director

 

De Villiers Surveyors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

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

The address of its registered office is:
197 Cavendish Works Burnt Oak Broadway,
Edgware
Middlesex
HA8 5EH

These financial statements were authorised for issue by the Board on 24 June 2025.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, 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.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income 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.

 

De Villiers Surveyors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and Fittings

25% straight line

Motor vehicles

20% straight line

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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

De Villiers Surveyors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

 

De Villiers Surveyors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2023 - 6).

4

Tangible assets

Fixtures and fittings
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

245,845

4,495

108,780

359,120

Additions

193

4,302

-

4,495

At 30 September 2024

246,038

8,797

108,780

363,615

Depreciation

At 1 October 2023

245,846

3,612

62,710

312,168

Charge for the year

48

3,034

21,755

24,837

At 30 September 2024

245,894

6,646

84,465

337,005

Carrying amount

At 30 September 2024

144

2,151

24,315

26,610

At 30 September 2023

(1)

883

46,070

46,952

5

Investment properties

2024
£

At 1 October

333,053

Additions

174,472

At 30 September

507,525

There has been no valuation of investment property by an independent valuer.

 

De Villiers Surveyors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Current financial assets

Cost or valuation

At 1 October 2023

4,807

4,807

At 30 September 2024

4,807

4,807

Impairment

Carrying amount

At 30 September 2024

4,807

4,807

7

Debtors

Current

2024
£

2023
£

Trade debtors

55,743

35,688

Prepayments

5,193

1,464

Other debtors

240,337

309,602

 

301,273

346,754

 

De Villiers Surveyors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

8

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

9

10,206

17,177

Trade creditors

 

14,962

16,341

Taxation and social security

 

56,394

53,835

Accruals and deferred income

 

1,800

1,800

Other creditors

 

287,220

194,965

 

370,582

284,118

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

-

8,464

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Hire purchase contracts

-

8,464

Current loans and borrowings

2024
£

2023
£

Hire purchase contracts

10,206

17,177

 

De Villiers Surveyors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

10

Related party transactions

Transactions with directors

2023

At 1 October 2022
£

Repayments by director
£

At 30 September 2023
£

Mr J Perris

Director loan

140,414

(140,414)

-