Company registration number 10812627 (England and Wales)
DYNASTY PROPERTY LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
DYNASTY PROPERTY LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
DYNASTY PROPERTY LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Non-current assets
Investment property
4
3,000,000
3,000,000
Current assets
Trade and other receivables
5
3,978,780
3,963,943
Cash and cash equivalents
25,319
16,402
4,004,099
3,980,345
Current liabilities
6
(6,834,059)
(6,843,171)
Net current liabilities
(2,829,960)
(2,862,826)
Net assets
170,040
137,174
Equity
Called up share capital
7
1,000
1,000
Retained earnings
169,040
136,174
Total equity
170,040
137,174

The director of the company has elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 15 November 2025
Shagan Soni
Director
Company registration number 10812627 (England and Wales)
DYNASTY PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Dynasty Property Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 5th Floor, 3 Dorset Rise, London, EC4Y 8EN. The business address is 40 South Audley Street, London W1K 2PR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue represents gross receipts from rental income received from the investment property and financing interest receivable. Rental income is recognised when a right to consideration arises. Financing interest receivable is recognised on an accruals basis on loan amounts outstanding during the period.

1.3
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

DYNASTY PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

DYNASTY PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Valuation of investment property

The company carries its investment property at fair value, with changes in fair value being recognised through profit or loss. The investment property is stated at an independent surveyor's valuation on an open market basis. There is an inevitable degree of judgement involved and value can only ultimately be reliably tested in the market itself.

3
Employees

The company had no employees during either the current or prior year.

4
Investment property
2025
£
Fair value
At 1 April 2024 and 31 March 2025
3,000,000
5
Trade and other receivables
2025
2024
Amounts falling due within one year:
£
£
Trade receivables
3,842,000
3,842,000
Other receivables
136,780
121,943
3,978,780
3,963,943
6
Current liabilities
2025
2024
£
£
Bank loans
4,967,000
4,967,000
Corporation tax
10,142
21,900
Other payables
1,856,917
1,854,271
6,834,059
6,843,171
DYNASTY PROPERTY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
6
Current liabilities
(Continued)
- 5 -

The bank loans are revolving term loans, which have repayment dates falling due between 29 September 202 7 and 13 September 202 8.

The loans are secured by a fixed and floating charge over the assets of the company and investment properties held by connected companies.

7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1,000
1,000
1,000
1,000
8
Related party transactions

Trade receivables comprises loans to connected companies. The loans are repayable on demand and carry interest at 0.5% above the rate of interest incurred by the company from its lenders.

Other payables include a director's loan of £1,798,606 (2024: £1,798,606) which is unsecured, interest free, and repayable on demand.

2025-03-31 2024-04-01 false false false 15 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Shagan Soni 0 10812627 2024-04-01 2025-03-31 10812627 2025-03-31 10812627 2024-03-31 10812627 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 10812627 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 10812627 core:CurrentFinancialInstruments 2025-03-31 10812627 core:CurrentFinancialInstruments 2024-03-31 10812627 core:ShareCapital 2025-03-31 10812627 core:ShareCapital 2024-03-31 10812627 core:RetainedEarningsAccumulatedLosses 2025-03-31 10812627 core:RetainedEarningsAccumulatedLosses 2024-03-31 10812627 core:ShareCapitalOrdinaryShareClass1 2025-03-31 10812627 core:ShareCapitalOrdinaryShareClass1 2024-03-31 10812627 bus:Director1 2024-04-01 2025-03-31 10812627 2024-03-31 10812627 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 10812627 bus:OrdinaryShareClass1 2025-03-31 10812627 bus:OrdinaryShareClass1 2024-03-31 10812627 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10812627 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10812627 bus:FRS102 2024-04-01 2025-03-31 10812627 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10812627 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP