Company registration number 07045801 (England and Wales)
DELLWOOD PROPERTIES LTD.
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
DELLWOOD PROPERTIES LTD.
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
DELLWOOD PROPERTIES LTD.
BALANCE SHEET
AS AT
31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
2
66,205
62,671
Current assets
Cash at bank and in hand
2,385
267
Creditors: amounts falling due within one year
3
(73,067)
(66,827)
Net current liabilities
(70,682)
(66,560)
Total assets less current liabilities
(4,477)
(3,889)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(4,478)
(3,890)
Total equity
(4,477)
(3,889)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 28 July 2025
Dr John Briffa
Director
Company Registration No. 07045801
DELLWOOD PROPERTIES LTD.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
- 2 -
1
Accounting policies
Company information

Dellwood Properties Ltd. is a private company limited by shares incorporated in England and Wales. The registered office is 6 Hermitage Road, St Johns, Woking, Surrey, GU21 8TB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The director has indicated that he will provide sufficient funding to enable the company to trade for a period of at least 12 months from the balance sheet signature date. On this basis the accounts have been prepared on a going concern basis. As at the year end the company owed the director Dr John Briffa the sum of £true41,467 (2023 - £35,317).

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
Depreciation has not been provided in respect of land and buildings.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

DELLWOOD PROPERTIES LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
1
Accounting policies
(Continued)
- 3 -
1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Tangible fixed assets
Land and buildings
£
Cost
At 1 November 2023
62,671
Additions
3,534
At 31 October 2024
66,205
Depreciation and impairment
At 1 November 2023 and 31 October 2024
-
0
Carrying amount
At 31 October 2024
66,205
At 31 October 2023
62,671
3
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
73,067
66,827
4
Related party transactions

As at the year end the company owed the sum of £31,150 (2023: £31,150) to Dr John Briffa Limited, a company in which Dr John Briffa is the sole shareholder and director.

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