1 October 2023 false No description of principal activity Taxfiler 2024.6 11004464business:PrivateLimitedCompanyLtd2023-10-012024-09-30 110044642023-09-30 110044642023-10-012024-09-30 11004464business:AuditExempt-NoAccountantsReport2023-10-012024-09-30 11004464business:FilletedAccounts2023-10-012024-09-30 110044642024-09-30 11004464business:Director12023-10-012024-09-30 11004464business:Director22023-10-012024-09-30 11004464business:RegisteredOffice2023-10-012024-09-30 110044642023-09-30 11004464core:WithinOneYear2024-09-30 11004464core:WithinOneYear2023-09-30 11004464core:AfterOneYear2024-09-30 11004464core:AfterOneYear2023-09-30 11004464core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 11004464core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 11004464core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2024-09-30 11004464core:InvestmentPropertiesRevaluationReservecore:PreviouslyStatedAmount2023-09-30 11004464core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 11004464core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 11004464core:PreviouslyStatedAmount2024-09-30 11004464core:PreviouslyStatedAmount2023-09-30 11004464business:SmallEntities2023-10-012024-09-30 11004464countries:EnglandWales2023-10-012024-09-30 11004464core:PlantMachinery2023-10-012024-09-30 11004464core:PlantMachinery2023-09-30 11004464core:PlantMachinery2024-09-30 11004464business:OrdinaryShareClass12023-10-012024-09-30 11004464business:OrdinaryShareClass12022-10-012023-09-30 11004464business:Director112023-10-012024-09-30 11004464business:Director112023-09-30 11004464business:Director112024-09-30 11004464business:Director222023-10-012024-09-30 11004464business:Director222023-09-30 11004464business:Director222024-09-30 110044642022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11004464 (England and Wales)
Demerara Property Investments Ltd Unaudited accounts for the year ended 30 September 2024
Demerara Property Investments Ltd Unaudited accounts Contents
Page
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Demerara Property Investments Ltd Company Information for the year ended 30 September 2024
Directors
S Edwards K Edwards
Company Number
11004464 (England and Wales)
Registered Office
6 NINETREE HILL BRISTOL BS1 3SG UNITED KINGDOM
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Demerara Property Investments Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
642 
856 
Investment property
470,000 
470,000 
470,642 
470,856 
Current assets
Debtors
1,020 
1,922 
Cash at bank and in hand
1,067 
1,176 
2,087 
3,098 
Creditors: amounts falling due within one year
(97,166)
(98,392)
Net current liabilities
(95,079)
(95,294)
Total assets less current liabilities
375,563 
375,562 
Creditors: amounts falling due after more than one year
(273,490)
(273,490)
Provisions for liabilities
Deferred tax
(42,630)
(42,630)
Net assets
59,443 
59,442 
Capital and reserves
Called up share capital
1,000 
1,000 
Fair value reserve
127,891 
127,891 
Profit and loss account
(69,448)
(69,449)
Shareholders' funds
59,443 
59,442 
For the 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. 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 27 June 2025 and were signed on its behalf by
S Edwards Director Company Registration No. 11004464
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Demerara Property Investments Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Demerara Property Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11004464. The registered office is 6 NINETREE HILL, BRISTOL, BS1 3SG, UNITED KINGDOM.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% On written down value
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Demerara Property Investments Ltd Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
2,595 
At 30 September 2024
2,595 
Depreciation
At 1 October 2023
1,739 
Charge for the year
214 
At 30 September 2024
1,953 
Net book value
At 30 September 2024
642 
At 30 September 2023
856 
5
Investment property
2024 
£ 
Fair value at 1 October 2023
470,000 
At 30 September 2024
470,000 
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. The surplus or deficit arising form changes in fair value, net of deferred tax provision on any surplus, is shown separately in a Capital and Reserves account designated as a Fair Value Reserve.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
1,000 
1,000 
Accrued income and prepayments
- 
900 
Other debtors
20 
22 
1,020 
1,922 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7 
2,011 
Loans from directors
94,819 
94,041 
Accruals
2,340 
2,340 
97,166 
98,392 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
273,490 
273,490 
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Demerara Property Investments Ltd Notes to the Accounts for the year ended 30 September 2024
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
S Edwards
Loan from director
(47,020)
(389)
- 
(47,409)
K Edwards
Loan from director
(47,021)
(389)
- 
(47,410)
(94,041)
(778)
- 
(94,819)
The above loans were made by the directors to the company. No interest was charged on the monies advanced.
11
Transactions with related parties
Demerara Property Investments Ltd is the wholly owned subsidiary of Demerara Property Holdings Ltd. At the year end the company was owed £1,000 ( 2022 - £1,000 ) by its holding company. No interest is due on the loan balance and the loan has no set terms for repayment. The loan amounts are disclosed in the Balance Sheet as Amounts due from Group undertakings within one year. Demerara Property Holdings Ltd is a company registered in England and Wales.
12
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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