REGISTERED NUMBER: 09868333 (England and Wales)

Financial Statements for the Period 1 December 2023 to 31 October 2024

for

DST Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D W Taylor

REGISTERED OFFICE:

116 Duke Street

Liverpool

Merseyside

L1 5JW

REGISTERED NUMBER:

09868333 (England and Wales)

ACCOUNTANTS:

Cobham Murphy

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

4

32,305

39,437

Investment property

5

1,036,747

1,036,747

1,069,052

1,076,184

CURRENT ASSETS

Debtors

6

24,242

24,242

Cash at bank

26,378

18,913

50,620

43,155

CREDITORS

Amounts falling due within one year

7

471,757

698,914

NET CURRENT LIABILITIES

(421,137

)

(655,759

)

TOTAL ASSETS LESS CURRENT LIABILITIES

647,915

420,425

CREDITORS

Amounts falling due after more than one year

8

(389,472

)

(149,544

)

PROVISIONS FOR LIABILITIES

(72,817

)

(56,696

)

NET ASSETS

185,626

214,185

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

185,526

214,085

185,626

214,185

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2024 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 4 September 2025 and were signed by:

D W Taylor - Director

1.	STATUTORY INFORMATION

DST 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.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover

Turnover is measured at the fair value of the rental income received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised when the rent is received.

Tangible fixed assets

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

Plant and machinery etc

-

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.

Financial instruments

Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand) and trade debtors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2023

79,299

Additions

120

At 31 October 2024

79,419

DEPRECIATION

At 1 December 2023

39,862

Charge for period

7,252

At 31 October 2024

47,114

NET BOOK VALUE

At 31 October 2024

32,305

At 30 November 2023

39,437

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2023

and 31 October 2024

1,036,747

NET BOOK VALUE

At 31 October 2024

1,036,747

At 30 November 2023

1,036,747

The properties have been revalued in the year based on market value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

30.11.23

£

£

Amounts owed by associates

10,842

10,842

Other debtors

13,400

13,400

24,242

24,242

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

30.11.23

£

£

Bank loans and overdrafts

18,411

18,411

Amounts owed to associates

442,502

661,516

Taxation and social security

6,344

14,487

Other creditors

4,500

4,500

471,757

698,914

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

30.11.23

£

£

Bank loans

389,472

149,544

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

315,827

75,899

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.24

30.11.23

£

£

Bank loans

407,883

167,955

10.	RELATED PARTY DISCLOSURES

Included in debtors at 31st October 2024 is £10,842 owed from a related party under common control. The loan is repayable on demand and interest free.