1 January 2024 v2025.31.1 limited_company_frs_102_section_1a_v1_1_2 companies_house Software false true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP NI610469 2024-01-01 2024-12-31 NI610469 2024-12-31 NI610469 2023-12-31 NI610469 core:WithinOneYear 2024-12-31 NI610469 core:WithinOneYear 2023-12-31 NI610469 core:ShareCapital 2024-12-31 NI610469 core:ShareCapital 2023-12-31 NI610469 core:SharePremium 2024-12-31 NI610469 core:SharePremium 2023-12-31 NI610469 core:RetainedEarningsAccumulatedLosses 2024-12-31 NI610469 core:RetainedEarningsAccumulatedLosses 2023-12-31 NI610469 bus:Director1 2024-01-01 2024-12-31 NI610469 bus:Director2 2024-01-01 2024-12-31 NI610469 bus:RegisteredOffice 2024-01-01 2024-12-31 NI610469 2023-01-01 2023-12-31 NI610469 core:CostValuation 2024-01-01 NI610469 core:CostValuation 2024-12-31 NI610469 countries:NorthernIreland 2024-01-01 2024-12-31 NI610469 bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 NI610469 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI610469 bus:SmallEntities 2024-01-01 2024-12-31 NI610469 bus:FullAccounts 2024-01-01 2024-12-31
Company registration number:
NI610469
DPAM Properties Ltd
Unaudited Filleted Financial Statements for the year ended
31 December 2024
DPAM Properties Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of DPAM Properties Ltd
Year ended
31 December 2024
As described on the statement of financial position, the Board of Directors of
DPAM Properties Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 December 2024
, which comprise the income statement, 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.
DPAM Properties Ltd
Statement of Financial Position
31 December 2024

|  | 2024 | 2023
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Investments | 5 | 17,270 |  | 17,270 |
Current assets |  |  |  |  |
Cash at bank and in hand |  | 1,974 |  | 3,060 |
Creditors: amounts falling due within one year | 6 | (14,475 | ) | (14,475 | )
Net current liabilities |  | (12,501 | ) | (11,415 | )
Total assets less current liabilities |  | 4,769 |  | 5,855 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 1,000 |  | 1,000 |
Share premium |  | 17,270 |  | 17,270 |
Profit and loss account |  | (13,501 | ) | (12,415 | )
Shareholders funds |  | 4,769 |  | 5,855 |

For the year ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The 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 Act 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.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
30 June 2025
, and are signed on behalf of the board by:

Andrew Agnew | Philip Agnew
Director | Director

Company registration number:
NI610469
DPAM Properties Ltd
Notes to the Financial Statements
Year ended
31 December 2024

## 1 General information

The company is a private company limited by shares and is registered in Northern Ireland. The address of the registered office is
Upper Floors
,
336 Lisburn Road
,
Belfast
,
Antrim
,
BT9 6GH
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## 4 Average number of employees

The average number of persons employed by the company during the year was
2
(2023:
2
).

## 5 Investments

| Shares in group undertakings and participating interests
--- | ---
| £
Cost |  |
At 1 January 2024 | 17,270 |
At 31 December 2024 | 17,270 |
Impairment |  |
At 1 January 2024 and 31 December 2024 | - |
Carrying amount |  |
At 31 December 2024 | 17,270 |
At 31 December 2023 | 17,270 |

Shares in group undertakings and participating interests comprise a 100% shareholding in Agnew PropCo Ltd, a property holding company registered in N Ireland.

## 6 Creditors: amounts falling due within one year

| 2024 | 2023
--- | --- | ---
| £ | £
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 13,875 |  | 13,875 |
Other creditors | 600 |  | 600 |
| 14,475 |  | 14,475 |

## 7 Controlling party

The ultimate controlling party is considered to be the Agnew family.