DTH (NW) LIMITED

Unaudited Financial Statements

for the Year Ended 30th June 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Gulzar

Mrs H M Gulzar

REGISTERED OFFICE:

79 Mill Lane

Upton

Chester

Cheshire

CH2 1BS

REGISTERED NUMBER:

12335589 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

1 Abbots Quay

Monks Ferry

Birkenhead

CH41 5LH

FIXED ASSETS

Investment property

4

430,000

430,000

CURRENT ASSETS

Debtors

5

410

410

Cash at bank

29,345

40,457

29,755

40,867

CREDITORS

Amounts falling due within one year

6

110,398

145,558

NET CURRENT LIABILITIES

(80,643

)

(104,691

)

TOTAL ASSETS LESS CURRENT LIABILITIES

349,357

325,309

CREDITORS

Amounts falling due after more than one year

7

(307,475

)

(307,475

)

PROVISIONS FOR LIABILITIES

(1,952

)

(1,952

)

NET ASSETS

39,930

15,882

CAPITAL AND RESERVES

Called up share capital

2

2

Revaluation reserve

9

8,323

8,323

Retained earnings

31,605

7,557

39,930

15,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 23rd September 2025 and were signed on its behalf by:

D Gulzar - Director

1.	STATUTORY INFORMATION

DTH (NW) Limited 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.	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

As described in note 4 to the financial statements, the company's investment properties are measured at fair value. The estimate of value was carried out by the company's director who has experience in the location and category of the properties.

Turnover

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

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Creditors

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

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to/from related parties.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st July 2023

and 30th June 2024

430,000

NET BOOK VALUE

At 30th June 2024

430,000

At 30th June 2023

430,000

Fair value at 30th June 2024 is represented by:

£

Valuation in 2024

430,000

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

2024

2023

£

£

Cost

419,724

419,724

Investment properties were valued on an open market basis on 30th June 2024 by the company director .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

410

410

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

7,384

3,421

Other creditors

103,014

142,137

110,398

145,558

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

307,475

307,475

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Interest only mortgages

307,475

307,475

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

307,475

307,475

9.

RESERVES

Revaluation

reserve

£

At 1st July 2023

and 30th June 2024

8,323

10.	RELATED PARTY DISCLOSURES

Included in other creditors is the sum of £101,649 (2023 - £140,837) owing to D Gulzar, company director and shareholder.