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Company Registration No. 12421004 (England and Wales)
Dng Property Management Limited Unaudited accounts for the year ended 31 December 2024
Dng Property Management Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Dng Property Management Limited Company Information for the year ended 31 December 2024
Director
Damyan Georgiev
Company Number
12421004 (England and Wales)
Registered Office
128 City Road LONDON London EC1V 2NX England
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Dng Property Management Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,264 
1,632 
Investment property
5
197,500 
197,500 
199,764 
199,132 
Current assets
Debtors
6
20,049 
20,337 
Cash at bank and in hand
3,893 
1,723 
23,942 
22,060 
Creditors: amounts falling due within one year
7
(44,243)
(37,287)
Net current liabilities
(20,301)
(15,227)
Total assets less current liabilities
179,463 
183,905 
Creditors: amounts falling due after more than one year
8
(150,688)
(150,688)
Provisions for liabilities
Deferred tax
(8,189)
(8,189)
Net assets
20,586 
25,028 
Capital and reserves
Called up share capital
100 
100 
Fair value reserve
41,732 
41,732 
Profit and loss account
(21,246)
(16,804)
Shareholders' funds
20,586 
25,028 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2025 and were signed on its behalf by
Damyan Georgiev Director Company Registration No. 12421004
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Dng Property Management Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Dng Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 12421004. The registered office is 128 City Road, , LONDON, London, EC1V 2NX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is recognised at the fair value of consideration received or receivable for rental property provided in the normal course of business.
Tangible fixed assets and depreciation
Tangible assets are initially measured at cost, and are subsequently measured at cost less accumulated depreciation and accumulated impairment losses or at a revalued amount. Annual depreciation of equipment is calculated at 20% of cost to write off the cost of the asset, less its residual value, over its estimated economic lifetime.
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not likely that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.
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Dng Property Management Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
1,070 
1,634 
2,704 
Additions
26 
1,176 
1,202 
At 31 December 2024
1,096 
2,810 
3,906 
Depreciation
At 1 January 2024
498 
574 
1,072 
Charge for the year
214 
356 
570 
At 31 December 2024
712 
930 
1,642 
Net book value
At 31 December 2024
384 
1,880 
2,264 
At 31 December 2023
572 
1,060 
1,632 
5
Investment property
2024 
£ 
Fair value at 1 January 2024
197,500 
At 31 December 2024
197,500 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
750 
675 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
17,657 
17,657 
Other debtors
1,642 
2,005 
19,299 
19,662 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
6 
12 
Other creditors
44,237 
37,275 
44,243 
37,287 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
150,688 
150,688 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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