REGISTERED NUMBER: 02150510 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Denton Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs H M Stewart

Mrs L A Turner

Mr A G Stewart

Mrs K Rigarlsford

SECRETARY:

Mrs H M Stewart

REGISTERED OFFICE:

Shepherds Cottage

Denton

Ilkley

West Yorkshire

LS29 0HT

REGISTERED NUMBER:

02150510 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Suite 4, 10/12 The Grove,

Ilkley

West Yorkshire

LS29 9EG

Fixed assets

Tangible assets

3

1,150,000

1,150,000

Current assets

Debtors

4

334

38

Investments

5

97,232

132,334

Cash at bank

29,171

35,462

126,737

167,834

Creditors

Amounts falling due within one year

6

(33,538

)

(35,483

)

Net current assets

93,199

132,351

Total assets less current liabilities

1,243,199

1,282,351

Provisions for liabilities

7

(137,724

)

(137,724

)

Net assets

1,105,475

1,144,627

Capital and reserves

Called up share capital

8

4

4

Revaluation reserve

9

841,917

841,917

Retained earnings

9

263,554

302,706

Shareholders' funds

1,105,475

1,144,627

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2025 and were signed on its behalf by:

Mrs H M Stewart - Director

Mrs L A Turner - Director

1.	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 represents rent received,excluding value added tax.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 January 2024

and 31 December 2024

1,150,000

NET BOOK VALUE

At 31 December 2024

1,150,000

At 31 December 2023

1,150,000

Cost or valuation at 31 December 2024 is represented by:

Freehold

property

£

Valuation in 2004

633,894

Valuation in 2005

40,556

Valuation in 2008

(157,333

)

Valuation in 2009

84,800

Valuation in 2012

(160,000

)

Valuation in 2014

220,000

Valuation in 2019

(25,000

)

Valuation in 2021

205,000

Cost

308,083

1,150,000

Freehold properties were valued on an open market basis on 30 May 2022 by Carter Fowler Chartered Surveyors .

If the Freehold properties were sold at the above valuation they would incur a capital gains tax liability of £137,724.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

VAT

-

38

Prepayments

334

-

334

38

5.	CURRENT ASSET INVESTMENTS

2024

2023

£

£

Listed investments

97,232

132,334

Market value of listed investments at 31 December 2024 - £ 113,661 (2023 - £ 129,112 ).

There are capital gains tax losses totalling £11,089 carried forward. If the current assets investments were sold at the above valuation they would incur a capital gains tax liability totalling £1,335.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Corporation tax

10,643

8,904

Social security and other tax

-

616

VAT

19

-

Other creditors

1,831

5,832

Directors' current accounts

4,028

4,213

Accrued expenses

17,017

15,918

33,538

35,483

7.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

137,724

137,724

Deferred

tax

£

Balance at 1 January 2024

137,724

Balance at 31 December 2024

137,724

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

200

"A" Ordinary

1p

2

2

200

"B" Ordinary

1p

2

2

4

4

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 January 2024

302,706

841,917

1,144,623

Profit for the year

44,848

44,848

Dividends

(84,000

)

(84,000

)

At 31 December 2024

263,554

841,917

1,105,471

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Dividends of £66,150 were paid to the directors during the year (2023 £66,745). The company owed the directors £4,028 at 31st December 2024 (£4,213 at 31st December 2023).