Company registration number:
03666140
London Development Property Company Limited
Unaudited filleted financial statements
30 November 2024
London Development Property Company Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
London Development Property Company Limited
Directors and other information
|
|
|
|
|
Directors |
Mr Rajesh Kumar Dhir |
|
|
|
Mrs Sania Dhir |
(Appointed 3 January 2024) |
|
|
|
|
|
|
|
|
|
Secretary |
Mr Atique Islam Choudhury |
|
|
|
|
|
|
|
|
|
|
Company number |
03666140 |
|
|
|
|
|
|
|
|
|
|
Registered office |
Aspect House |
|
|
|
16 Wilmer Place |
|
|
|
Stoke Newington |
|
|
|
London |
|
|
|
N16 0LQ |
|
|
|
|
|
|
|
|
|
|
Accountants |
Doshi & Co Accountants |
|
|
|
6th Floor AMP House |
|
|
|
Dingwall Road |
|
|
|
Croydon |
|
|
|
CR0 2LX |
|
|
|
|
|
London Development Property Company Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of London Development Property Company Limited
Year ended 30 November 2024
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 30 November 2024 which comprise the statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Doshi & Co Accountants
6th Floor AMP House
Dingwall Road
Croydon
CR0 2LX
30 August 2025
London Development Property Company Limited
Statement of financial position
30 November 2024
|
|
|
2024 |
|
2023 |
|
|
|
|
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
3,504,810 |
|
3,509,538 |
|
|
|
|
|
______ |
|
______ |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
3,076,536 |
|
2,751,484 |
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
(
926,811) |
|
(
922,719) |
|
|
|
|
|
______ |
|
______ |
|
|
|
|
|
|
|
|
|
|
|
Net current assets |
|
|
2,149,725 |
|
1,828,765 |
|
|
|
|
|
______ |
|
______ |
|
|
|
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
5,654,535 |
|
5,338,303 |
|
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
|
(
3,371,125) |
|
(
3,222,922) |
|
|
|
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
(
5,325) |
|
(
5,125) |
|
|
|
|
|
|
|
|
|
|
|
|
|
______ |
|
______ |
|
|
|
Net assets |
|
|
2,278,085 |
|
2,110,256 |
|
|
|
|
|
______ |
|
______ |
|
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
2,278,085 |
|
2,110,256 |
|
|
|
|
|
______ |
|
______ |
|
|
|
|
|
|
|
|
|
|
Notes to the financial statements
London Development Property Company Limited
Year ended 30 November 2024
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2023:
5
).
2.
Directors advances, credits and guarantees
|
During the year the directors entered into the following advances and credits with the company: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2024 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
|
|
|
|
£ |
£ |
£ |
£ |
|
|
|
Mr Sanjeev Dhir |
(
813,525) |
813,525 |
- |
- |
|
|
|
|
______ |
______ |
______ |
______ |
|
|
|
|
|
|
|
|
|
|
|
2023 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
|
|
|
|
£ |
£ |
£ |
£ |
|
|
|
Mr Sanjeev Dhir |
(
703,949) |
49,560 |
(
159,136) |
(
813,525) |
|
|
|
|
______ |
______ |
______ |
______ |
|
|
|
|
|
|
|
|
|
|
3.
Related party transactions
There were number of transactions during the year between the company and its director and secretary. The trade debtors due in more than one year include an amount for £1,304,053(2023: £1,240,803) which is due from M1 Cash and Carry Limited (Co Reg. No. 5095318) in respect of construction work carried out and sale of a freehold property sold to it at arms length by the company,which is controlled by Mr. Atique Islam Choudhury. The company owed the following amounts to connected parties: £8,49,279 (2023 : £813,525) to
Mr Sanjeev Dhir
as other creditor, £632,988 (2023 : £632,988) to Mr Atique Islam Choudhury
as secretary's loan, £136,012 (2023:£136,012) to Leviathian Limited (Reg. in Gibraltar) which is controlled by a close associate of Mr Atique Islam Choudhury
.
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
30 August 2025
, and are signed on behalf of the board by:
Mrs Sania Dhir
Director
Company registration number:
03666140
The company is a private company limited by shares, registered in England and Wales.