REGISTERED NUMBER: 06155017 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DIGBETH PROPERTY SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C L Wilsdon-Purser

P J Wilsdon-Purser

REGISTERED OFFICE:

Braecroft

Upper Oddington

Moreton-In-Marsh

Gloucestershire

GL56 0XG

REGISTERED NUMBER:

06155017 (England and Wales)

ACCOUNTANTS:

Kingscott Dix (Cheltenham) Limited

7 Rockfield Business Park

Old Station Drive

Leckhampton

Cheltenham

GL53 0AN

FIXED ASSETS

Tangible assets

4

10,478

13,098

Investment property

5

4,054,000

4,164,000

4,064,478

4,177,098

CURRENT ASSETS

Debtors

6

65

-

Cash at bank

78,499

16,146

78,564

16,146

CREDITORS

Amounts falling due within one year

7

(757,117

)

(802,817

)

NET CURRENT LIABILITIES

(678,553

)

(786,671

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,385,925

3,390,427

PROVISIONS FOR LIABILITIES

9

(430,100

)

(395,900

)

NET ASSETS

2,955,825

2,994,527

CAPITAL AND RESERVES

Called up share capital

10

2

1

Retained earnings

2,955,823

2,994,526

SHAREHOLDERS' FUNDS

2,955,825

2,994,527

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

P J Wilsdon-Purser - Director

1.	STATUTORY INFORMATION

Digbeth Property Services 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.	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.

Significant judgements and estimates

No significant judgements or estimations have been used in preparing the financial statements.

Turnover

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

Tangible fixed assets

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

Motor vehicles

-

20% on reducing balance

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 Profit and Loss Account, 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.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

39,969

DEPRECIATION

At 1 April 2024

26,871

Charge for year

2,620

At 31 March 2025

29,491

NET BOOK VALUE

At 31 March 2025

10,478

At 31 March 2024

13,098

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

4,164,000

Disposals

(110,000

)

At 31 March 2025

4,054,000

NET BOOK VALUE

At 31 March 2025

4,054,000

At 31 March 2024

4,164,000

Investment property with a historic cost of £1,926,449 (2024 - £1,926,449) is shown at its revalued amount of £4,054,000 (2024 - £4,164,000). The directors have deemed this to be an accurate reflection of the fair value of such property.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

65

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

5,744

7,149

Amounts owed to group undertakings

713,234

583,941

Tax

35,364

21,816

Other creditors

2,775

2,775

Directors' current accounts

-

187,136

757,117

802,817

8.	SECURED DEBTS

Security has been given by way of fixed and floating charges over the freehold property held by the company.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

430,100

395,900

Deferred

tax

£

Balance at 1 April 2024

395,900

Charge to Profit and Loss Account during year

34,200

Balance at 31 March 2025

430,100

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

1