REGISTERED NUMBER: 04367966 (England and Wales)

DGH PROPERTIES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

H T Jenkins

REGISTERED OFFICE:

2 Church Mews

Church Road

Whitchurch

Cardiff

CF14 2DZ

REGISTERED NUMBER:

04367966 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

510

17

Investment property

5

2,521,804

2,990,713

2,522,314

2,990,730

CURRENT ASSETS

Debtors

6

156,801

156,801

Prepayments and accrued income

257

2,855

Cash at bank

54,022

2,836

211,080

162,492

CREDITORS

Amounts falling due within one year

7

867,480

1,396,702

NET CURRENT LIABILITIES

(656,400

)

(1,234,210

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,865,914

1,756,520

PROVISIONS FOR LIABILITIES

154,398

147,925

NET ASSETS

1,711,516

1,608,595

CAPITAL AND RESERVES

Called up share capital

99

99

Fair value reserve

8

788,879

769,457

Retained earnings

922,538

839,039

SHAREHOLDERS' FUNDS

1,711,516

1,608,595

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22nd October 2025 and were signed by:

H T Jenkins - Director

1.	STATUTORY INFORMATION

DGH Properties 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.

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 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

15% 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 Statement of Income and Retained Earnings, 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.

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

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st June 2024

575

-

575

Additions

-

583

583

At 31st May 2025

575

583

1,158

DEPRECIATION

At 1st June 2024

558

-

558

Charge for year

3

87

90

At 31st May 2025

561

87

648

NET BOOK VALUE

At 31st May 2025

14

496

510

At 31st May 2024

17

-

17

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st June 2024

2,990,713

Additions

29,299

Disposals

(524,104

)

Revaluations

25,896

At 31st May 2025

2,521,804

NET BOOK VALUE

At 31st May 2025

2,521,804

At 31st May 2024

2,990,713

Fair value at 31st May 2025 is represented by:

£

Valuation in 2022

917,382

Valuation in 2025

25,896

Cost

1,578,526

2,521,804

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

156,801

156,801

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

66

90

Taxation and social security

28,835

7,294

Other creditors

838,579

1,389,318

867,480

1,396,702

8.

RESERVES

Fair

value

reserve

£

At 1st June 2024

769,457

Revaluation in the year

19,422

At 31st May 2025

788,879