REGISTERED NUMBER: 03510906 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DEEPING GATE TREES LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

3,992

-

Investment property

5

625,000

670,430

628,992

670,430

CURRENT ASSETS

Debtors

6

45,544

77,498

Prepayments and accrued income

-

1,340

Cash at bank

101,560

97,248

147,104

176,086

CREDITORS

Amounts falling due within one year

7

26,222

29,681

NET CURRENT ASSETS

120,882

146,405

TOTAL ASSETS LESS CURRENT LIABILITIES

749,874

816,835

PROVISIONS FOR LIABILITIES

8

26,761

39,204

NET ASSETS

723,113

777,631

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

77,289

117,611

Retained earnings

645,724

659,920

SHAREHOLDERS' FUNDS

723,113

777,631

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

R Peters - Director

1.	STATUTORY INFORMATION

Deeping Gate Trees Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03510906

Registered office:

Deeping Gate Trees Ltd Northfield Road

Market Deeping

Peterborough

Cambridgeshire

PE6 8GX

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Property, plant and equipment

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

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.

Financial instruments

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Pension costs and other post-retirement benefits

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £167 (2023 - £203). No contributions were payable to the fund at the balance sheet date, (2023 - £36).

Debtors

Short term debtors are initially measured at transaction price less attributable costs. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 January 2024

70,532

Additions

4,407

At 31 December 2024

74,939

DEPRECIATION

At 1 January 2024

70,532

Charge for year

415

At 31 December 2024

70,947

NET BOOK VALUE

At 31 December 2024

3,992

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

670,430

Additions

8,332

Revaluations

(53,762

)

At 31 December 2024

625,000

NET BOOK VALUE

At 31 December 2024

625,000

At 31 December 2023

670,430

Fair value at 31 December 2024 is represented by:

£

Valuation in 2023

156,814

Valuation in 2024

(53,762

)

Cost

521,948

625,000

If Investment property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

521,948

513,616

Investment property was valued on an open market basis on 31 December 2024 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

4,763

32,652

Other debtors

40,781

44,846

45,544

77,498

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

169

307

Taxation and social security

23,550

22,913

Other creditors

2,503

6,461

26,222

29,681

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

26,761

39,204

Deferred

tax

£

Balance at 1 January 2024

39,204

Provided during year

(12,443

)

Balance at 31 December 2024

26,761

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

40

Ordinary A

£1

40

40

40

Ordinary B

£1

40

40

20

Ordinary C

£1

20

20

100

100

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £28,150 were paid to the directors .

The following balances were owed by/(to) related parties at the year-end:

2024

2023

£

£

Directors

(28)

(4,155)

Connected companies

24,546

24,546

Loans to connected companies are unsecured, interest free and repayable on demand.

Loan from directors are unsecured and repayable on demand. Interest has been charged when overdrawn at HMRC official interest rates for beneficial loans.

11.	ULTIMATE CONTROLLING PARTY

The company is jointly controlled by Tony Peters and The Trustees of the Tony Peters 1998 who own 40% each, of the issued share capital.