D & J Properties North West Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05473152 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

D & J PROPERTIES NORTH WEST LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D Brown

REGISTERED OFFICE:

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

REGISTERED NUMBER:

05473152 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

BANKERS:

The Royal Bank of Scotland plc

Horwich Branch

29 Lee Lane

Bolton

Lancashire

BL6 7AY

FIXED ASSETS

Tangible assets

5

1,080,287

2,030,347

CURRENT ASSETS

Stocks

2,000,804

957,887

Debtors

6

24,916

31,559

Cash at bank

1,215,794

132,949

3,241,514

1,122,395

CREDITORS

Amounts falling due within one year

7

2,948,449

2,008,734

NET CURRENT ASSETS/(LIABILITIES)

293,065

(886,339

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,373,352

1,144,008

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

8

612,666

Retained earnings

8

760,586

531,242

SHAREHOLDERS' FUNDS

1,373,352

1,144,008

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 18 July 2025 and were signed by:

D Brown - Director

1.	STATUTORY INFORMATION

D & J Properties North West 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention.

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.

Freehold property

-

not provided

Plant and machinery

-

20% on reducing balance

STOCKS

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

COST

At 1 April 2024

2,007,216

51,860

27,000

2,086,076

Additions

999

-

999

Disposals

(945,396

)

-

(945,396

)

At 31 March 2025

1,062,819

51,860

27,000

1,141,679

DEPRECIATION

At 1 April 2024

-

50,666

5,063

55,729

Charge for year

-

179

5,484

5,663

At 31 March 2025

-

50,845

10,547

61,392

NET BOOK VALUE

At 31 March 2025

1,062,819

1,015

16,453

1,080,287

At 31 March 2024

2,007,216

1,194

21,937

2,030,347

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

20,094

20,820

Other debtors

-

8,250

VAT

4,822

2,489

24,916

31,559

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

1,216,118

636,619

Amounts owed to associated co

354,782

Tax

35,506

-

Other creditors

650,000

713,250

Directors current account

77,840

82,742

Accruals and deferred income

614,203

221,341

2,948,449

2,008,734

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 April 2024

531,242

612,666

1,143,908

Profit for the year

229,344

At 31 March 2025

760,586

612,666

1,373,252

9.	RELATED PARTY DISCLOSURES

During the year the company bought goods and services amounting to £1,830,000 (2024 - £210,000) from Lancashire Developments Limited a company in which director, D Brown is materially interested as a director and shareholder. At the balance sheet date an inter-company loan of £354,782 (2024 - £354,782) was owed to Lancashire Developments Limited and included in creditors. Trade creditors includes £706,499 (2024 - £318,700) owed to Lancashire Developments Limited.

At the balance sheet date an inter-company loan of £650,000 (2024 - £650,000 owed) was owed to Dobb Brow Investments Limited, a company in which director, D Brown, is materially interested as director and shareholder.

10.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of D&SB Management Limited.