DB ESTATES LIMITED

Company Registration Number:
09819413 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

DB ESTATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

DB ESTATES LIMITED

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 65,000 203,000
Total fixed assets: 65,000 203,000
Current assets
Cash at bank and in hand: 35,972 12,268
Total current assets: 35,972 12,268
Creditors: amounts falling due within one year:   (101,067) (65,084)
Net current assets (liabilities): (65,095) (52,816)
Total assets less current liabilities: (95) 150,184
Creditors: amounts falling due after more than one year:     (145,395)
Provision for liabilities: (2,505) (8,316)
Total net assets (liabilities): (2,600) (3,527)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (2,700) (3,627)
Shareholders funds: (2,600) (3,527)

The notes form part of these financial statements

DB ESTATES LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 July 2025
and signed on behalf of the board by:

Name: Mr Paul Tully
Status: Director

The notes form part of these financial statements

DB ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the economic life of that asset as follows: Investment Properties - 0%

DB ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

DB ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible Assets

Total
Cost £
At 01 November 2023 203,000
Disposals (107,416)
At 31 October 2024 95,584
Depreciation
At 01 November 2023 0
Other adjustments 30,584
At 31 October 2024 30,584
Net book value
At 31 October 2024 65,000
At 31 October 2023 203,000

DB ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Related party transactions

Name of the related party: Mr Walter Canagaretna
Relationship:
Director
Description of the Transaction: Funds loaned to company to assist in property purchases
£
Balance at 01 November 2023 37,095
Balance at 31 October 2024 39,771
Name of the related party: Mr Paul Tully
Relationship:
Director
Description of the Transaction: Funds loaned to company to assist in property purchases
£
Balance at 01 November 2023 18,196
Balance at 31 October 2024 1,524