REGISTERED NUMBER: 07133493 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

DB PROPERTIES (LEICESTER) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr DS Brooks

REGISTERED OFFICE:

Unit 1B

Knighton Junction Lane

Leicester

Leicestershire

LE2 6AR

REGISTERED NUMBER:

07133493 (England and Wales)

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

990,000

990,000

990,000

990,000

CURRENT ASSETS

Debtors

6

10,867

706

Cash at bank

4,160

6,493

15,027

7,199

CREDITORS

Amounts falling due within one year

7

508,595

523,889

NET CURRENT LIABILITIES

(493,568

)

(516,690

)

TOTAL ASSETS LESS CURRENT LIABILITIES

496,432

473,310

CREDITORS

Amounts falling due after more than one year

8

-

(1,319

)

PROVISIONS FOR LIABILITIES

(69,551

)

(68,901

)

NET ASSETS

426,881

403,090

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

337,706

335,108

Retained earnings

89,075

67,882

SHAREHOLDERS' FUNDS

426,881

403,090

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 director acknowledges his 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 7 October 2025 and were signed by:

Mr DS Brooks - Director

1.	STATUTORY INFORMATION

DB Properties (Leicester) 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.

Turnover

Turnover relates to rental income receivable and is recognised for the period that it is due.

Tangible fixed assets

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

Computer equipment

-

33% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

512

DEPRECIATION

At 1 April 2024

and 31 March 2025

512

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

990,000

NET BOOK VALUE

At 31 March 2025

990,000

At 31 March 2024

990,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

990,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

654,892

654,892

Investment properties were revalued to fair value at 31 March 2025, based on a valuation undertaken by the director. The method used for determining fair value was valuing against an active market.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

10,867

706

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,036

9,430

Taxation and social security

5,124

3,800

Other creditors

502,435

510,659

508,595

523,889

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

1,319

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,036

10,749

The loans are secured against the property to which they relate.

10.	RELATED PARTY DISCLOSURES

Included within other creditors is £36,229 (2024: £44,524) owed to a director of the company.