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Company Registration No. 11012770 (England and Wales)
DNI Properties Limited Unaudited accounts for the year ended 31 October 2024
DNI Properties Limited Unaudited accounts Contents
Page
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DNI Properties Limited Company Information for the year ended 31 October 2024
Director
Dobrin Ivanov
Company Number
11012770 (England and Wales)
Registered Office
6 LAWRIE HOUSE DURNSFORD ROAD LONDON SW19 8FP UNITED KINGDOM
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DNI Properties Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
3,760,708 
2,315,739 
Current assets
Debtors
253,382 
223,400 
Cash at bank and in hand
(2,117)
(3,128)
251,265 
220,272 
Creditors: amounts falling due within one year
(20,071)
(769)
Net current assets
231,194 
219,503 
Total assets less current liabilities
3,991,902 
2,535,242 
Creditors: amounts falling due after more than one year
(3,070,839)
(2,386,727)
Provisions for liabilities
Deferred tax
(114,177)
- 
Net assets
806,886 
148,515 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
969,641 
184,354 
Profit and loss account
(162,855)
(35,939)
Shareholders' funds
806,886 
148,515 
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 3 July 2025 and were signed on its behalf by
Dobrin Ivanov Director Company Registration No. 11012770
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DNI Properties Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
DNI Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11012770. The registered office is 6 LAWRIE HOUSE, DURNSFORD ROAD, LONDON, SW19 8FP, 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.
4
Investment property
2024 
£ 
Fair value at 1 November 2023
2,315,739 
Additions
659,682 
Net gain from fair value adjustments
785,287 
At 31 October 2024
3,760,708 
Investment properties comprises property at fair value of £3,760,708.The fair value of the investment property has been arrived at on the basis of a valuation carried out by the mortgage providers. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
54,382 
- 
Other debtors
24,000 
48,400 
78,382 
48,400 
Amounts falling due after more than one year
Other debtors
175,000 
175,000 
Debtors: amounts falling due after more than one year , includes Secured term loan facility of £175,000, where the borrower shall repay the loan in full on the repayment day. Interest rate is 15% per annum above the Bank of England rate.
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DNI Properties Limited Notes to the Accounts for the year ended 31 October 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
19,376 
74 
Accruals
695 
695 
20,071 
769 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,286,962 
2,280,227 
Other creditors
829,836 
106,500 
Loans from directors
(45,959)
- 
3,070,839 
2,386,727 
The bank loans are secured against the properties in the company's name by the way of a fixed and floating charge.
9
Transactions with related parties
Within other Debtors(amounts due within one year) is an amount of £325,226 due to a Company with Common directors.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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