Company No: 09607686 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	Amardeep Singh Pannu
	Amarveer Singh Pannu

Registered office	78 Penbury Road
	Southall
	Middlesex
	UB2 5RX
	United Kingdom

Company number

09607686 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA

	Note	2024		2023
		£		£
Fixed assets
Investment property	3	733,226		733,226
Investments	4	130,429		124,979
		863,655		858,205
Current assets
Cash at bank and in hand		124,967		22,199
		124,967		22,199
Creditors: amounts falling due within one year	5	( 607,064)		( 469,053)
Net current liabilities		(482,097)		(446,854)
Total assets less current liabilities		381,558		411,351
Creditors: amounts falling due after more than one year	6	( 328,780)		( 338,126)
Net assets		52,778		73,225
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		52,678		73,125
Total shareholders' funds		52,778		73,225

For the financial year ending 31 March 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 financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of DNV Investments LTD (registered number: 09607686) were approved and authorised for issue by the Board of Directors on 17 September 2025. They were signed on its behalf by:

Amardeep Singh Pannu Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

DNV Investments LTD (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 78 Penbury Road, Southall, Middlesex, UB2 5RX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Investment property

	Investment property
	£
Valuation
As at 01 April 2023	733,226
As at 31 March 2024	733,226

The investment property was considered for revaluation on openmarket basis by the directors in March 2024. No change to the carrying value was considered necessary. No provision for depreciation has been provided on the investment property.

4. Fixed asset investments

	Loans		Other investments		Total
	£		£		£
Cost or valuation before impairment
At 01 April 2023	23,397		101,582		124,979
Change in value of loans receivable	5,450		0		5,450
At 31 March 2024	28,847		101,582		130,429
Carrying value at 31 March 2024	28,847		101,582		130,429
Carrying value at 31 March 2023	23,397		101,582		124,979

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	10,000		0
Taxation and social security	5,121		2,304
Other creditors	591,943		466,749
	607,064		469,053

6. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans (secured)	328,780		338,126

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2024		2023
	£		£
Bank loans (secured)	0		295,803

7. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Related party transactions

The creditors include loans of £587,443 (2023: £457,018) payable to the directors and their close family members. These loans are interest free and have no fixed date of repayment.

9. Events after the Balance Sheet date

There have been no events after the balance sheet date affecting the Company since the financial year.

10. Ultimate controlling party

The directors consider that the ultimate controlling parties are Amardeep Singh Pannu and Amarveer Singh Pannu, who together hold a majority of the voting rights