Darom Estates Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04968208 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DAROM ESTATES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs Fanny Hochhauser

REGISTERED OFFICE:

99 Clapton Common

London

E5 9AB

REGISTERED NUMBER:

04968208 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

5

-

Investment property

6

405,695

CURRENT ASSETS

Debtors

7

505,155

526,696

CREDITORS

Amounts falling due within one year

8

(5,754

)

(5,754

)

NET CURRENT ASSETS

499,401

520,942

TOTAL ASSETS LESS CURRENT
LIABILITIES

905,096

926,637

CREDITORS

Amounts falling due after more than one
year

9

(66,426

)

(70,629

)

NET ASSETS

838,670

856,008

CAPITAL AND RESERVES

Called up share capital

11

1

Revaluation reserve

12

271,379

Retained earnings

12

567,290

584,628

SHAREHOLDERS' FUNDS

838,670

856,008

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 director acknowledges her 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 director and authorised for issue on 16 September 2025 and were signed by:

Mrs Fanny Hochhauser - Director

1.	STATUTORY INFORMATION

Darom Estates 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.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net rent receivable, excluding value added tax.

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 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

and 31 December 2024

23,435

DEPRECIATION

At 1 January 2024

and 31 December 2024

23,435

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

405,695

NET BOOK VALUE

At 31 December 2024

405,695

At 31 December 2023

405,695

Fair value at 31 December 2024 is represented by:

£

Valuation in 2016

271,379

Valuation in 2018

120,000

Cost

14,316

405,695

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

968

-

Other debtors

504,187

526,696

505,155

526,696

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Tax

1,299

Directors' current accounts

4,035

Accrued expenses

420

5,754

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans more 5 yr by instal

66,426

70,629

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

66,426

70,629

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

Bank loans

66,426

70,629

Long term bank loan is secured by first charge over the company's investment property and bear interest at variable rates.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

1

Ordinary

£1

1

12.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 January 2024

584,628

271,379

856,007

Deficit for the year

(17,338

)

(17,338

)

At 31 December 2024

567,290

271,379

838,669

13.	CONTROLLING PARTY

The controlling party is Mrs Fanny Hochhauser.