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REGISTERED NUMBER: 10841483 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DEE PROPERTY SERVICES LTD

DEE PROPERTY SERVICES LTD (REGISTERED NUMBER: 10841483)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


DEE PROPERTY SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: R M Pankhania
M N Pankhania





SECRETARY: Mrs D M Pankhania





REGISTERED OFFICE: Kemp House
160 City Road
London
EC1V 2NX





REGISTERED NUMBER: 10841483 (England and Wales)





ACCOUNTANTS: Sterling Accounting & Bookkeeping Services Limited
t/a Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
DEE PROPERTY SERVICES LTD


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Dee Property Services Ltd for the year ended 31 March 2025 which comprise the Profit and loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Dee Property Services Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Dee Property Services Ltd and state those matters that we have agreed to state to the Board of Directors of Dee Property Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dee Property Services Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Dee Property Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Dee Property Services Ltd. You consider that Dee Property Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Dee Property Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling Accounting & Bookkeeping Services Limited
t/a Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH


8 August 2025

DEE PROPERTY SERVICES LTD (REGISTERED NUMBER: 10841483)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,118 167
Investment property 5 1,244,000 1,076,500
1,246,118 1,076,667

CURRENT ASSETS
Cash at bank and in hand 6,501 20,452

CREDITORS
Amounts falling due within one year 6 224,411 242,099
NET CURRENT LIABILITIES (217,910 ) (221,647 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,028,208

855,020

CREDITORS
Amounts falling due after more than one
year

7

(791,380

)

(791,380

)

PROVISIONS FOR LIABILITIES (43,228 ) (11,001 )
NET ASSETS 193,600 52,639

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 188,168 -
Retained earnings 9 5,332 52,539
SHAREHOLDERS' FUNDS 193,600 52,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DEE PROPERTY SERVICES LTD (REGISTERED NUMBER: 10841483)

BALANCE SHEET - continued
31 MARCH 2025


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

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 August 2025 and were signed on its behalf by:





R M Pankhania - Director


DEE PROPERTY SERVICES LTD (REGISTERED NUMBER: 10841483)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Dee Property Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents revenue recognised by the company in respect of property rental income.

Turnover is recognised when the company has a right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

Investment property
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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

DEE PROPERTY SERVICES LTD (REGISTERED NUMBER: 10841483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2024 600
Additions 2,480
At 31 March 2025 3,080
DEPRECIATION
At 1 April 2024 433
Charge for year 529
At 31 March 2025 962
NET BOOK VALUE
At 31 March 2025 2,118
At 31 March 2024 167

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 1,076,500
Revaluations 167,500
At 31 March 2025 1,244,000
NET BOOK VALUE
At 31 March 2025 1,244,000
At 31 March 2024 1,076,500

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2020 120,695
Valuation in 2023 (57,201 )
Valuation in 2025 167,500
Cost 1,013,006
1,244,000

In the opinion of the directors the fair value of the investment properties as at 31 March 2025 is not significantly different to that stated above.

DEE PROPERTY SERVICES LTD (REGISTERED NUMBER: 10841483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 1,248 87
Other creditors 223,163 242,012
224,411 242,099

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 791,380 791,380

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 791,380 791,380

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 791,380 791,380

The bank loan is secured by a fixed charge over all the three investment properties of the company.

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2024 52,539 - 52,539
Profit for the year 141,461 141,461
Dividends (500 ) (500 )
Fair value reserve (188,168 ) 188,168 -
At 31 March 2025 5,332 188,168 193,500

10. OTHER FINANCIAL COMMITMENTS

At the balance sheet date the total amount of commitments is £3,860 (2024: £5,017).

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £500 were paid to the directors .

DEE PROPERTY SERVICES LTD (REGISTERED NUMBER: 10841483)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


11. RELATED PARTY DISCLOSURES - continued

Included within creditors amounts falling due within one year is a balance of £221,568 (2024: £240,572) due to the directors of the company.