Company registration number 04763652 (England and Wales)
DAMAJ PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
DAMAJ PROPERTIES LIMITED
COMPANY INFORMATION
Directors
A L Jayson
D A Marshall
Secretary
Mr D Marshall
Company number
04763652
Registered office
134 Buckingham Palace Road
London
SW1W 9SA
Accountants
Magus Chartered Accountants
134 Buckingham Palace Road
London
SW1W 9SA
DAMAJ PROPERTIES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
DAMAJ PROPERTIES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
4
390,000
390,000
Current assets
Cash at bank and in hand
40,617
28,740
Creditors: amounts falling due within one year
5
(40,389)
(40,389)
Net current assets/(liabilities)
228
(11,649)
Total assets less current liabilities
390,228
378,351
Creditors: amounts falling due after more than one year
6
(349,501)
(348,901)
Net assets
40,727
29,450
Capital and reserves
Called up share capital
2
2
Revaluation reserve
29,078
29,078
Profit and loss reserves
11,647
370
Total equity
40,727
29,450

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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

The financial statements were approved by the board of directors and authorised for issue on 13 August 2025 and are signed on its behalf by:
A L Jayson
D A Marshall
Director
Director
Company registration number 04763652 (England and Wales)
DAMAJ PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Damaj Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is Hillsdown House, 3rd Floor, 32 Hampstead High Street, London, NW3 1QD.

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 a mounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover comprises of rents derived from investment properties.

1.3
Tangible fixed assets

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the provisions applicable to companies subject to the small companies' regime. it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
DAMAJ PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
4
Investment property
2025
£
Fair value
At 1 April 2024 and 31 March 2025
390,000

The investment properties were valued by the directors at their open market value on an existing use basis at 31 March 20 2 5. No provision is made for deferred tax as the cost of the properties approximates to its market value.

5
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
4,740
4,740
Accruals and deferred income
35,649
35,649
40,389
40,389
6
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
183,895
183,895
Other borrowings
165,606
165,006
349,501
348,901
7
Related party transactions

At the year end date an amount of £165,60 6 (20 2 4: £16 5,0 06) was owed to the shareholders of the company.

8
Control

The company was under the control of the directors during the year and the preceding financial year.

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