Dsbg Hh Riverside Limited

	Page
Company Information	1
Accountants' Report	2
Statement of Financial Position	3—4
Notes to the Financial Statements	5—8

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Accountants' Report

For The Year Ended 31 March 2025

Accountants' Report

Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Dsbg Hh Riverside Limited For The Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Dsbg Hh Riverside Limited For The Year Ended 31 March 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Dsbg Hh Riverside Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Dsbg Hh Riverside Limited and state those matters that we have agreed to state to the directors of Dsbg Hh Riverside Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Dsbg Hh Riverside Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that Dsbg Hh Riverside Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Dsbg Hh Riverside Limited . You consider that Dsbg Hh Riverside Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Dsbg Hh Riverside Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

01/12/2025

Sterling Accounting Solutions Ltd

Chartered Accountants

SAS House

Chipperfield Road

Kings Langley

Hertfordshire

WD4 9JB

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Dsbg Hh Riverside Limited

Statement of Financial Position

As At 31 March 2025

Statement of Financial Position

Registered number: 14665988

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		1,443		1,862
Investment Properties	6		8,546,240		8,546,240

			8,547,683		8,548,102
CURRENT ASSETS
Debtors	7	309,767		471,114
Cash at bank and in hand		717,527		610,335

		1,027,294		1,081,449
Creditors: Amounts Falling Due Within One Year	8	(876,600 )		(698,798 )

NET CURRENT ASSETS (LIABILITIES)			150,694		382,651

TOTAL ASSETS LESS CURRENT LIABILITIES			8,698,377		8,930,753

Creditors: Amounts Falling Due After More Than One Year	9		(9,070,954 )		(9,070,954 )

NET LIABILITIES			(372,577 )		(140,201 )

CAPITAL AND RESERVES
Called up share capital	10		400		400
Income Statement			(372,977 )		(140,601 )

SHAREHOLDERS' FUNDS			(372,577)		(140,201)

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Dsbg Hh Riverside Limited

Statement of Financial Position (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Andrew Bugler

Director

01/12/2025

The notes on pages 5 to 8 form part of these financial statements.

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Dsbg Hh Riverside Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Dsbg Hh Riverside Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14665988 . The registered office is Pound House, 62 A Highgate High Street, London, N6 5HX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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 freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

2.2. Going Concern Disclosure

The company has the full support of its joint venture companies and is therefore deemed a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20% straight line
Computer Equipment	20% straight line

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Dsbg Hh Riverside Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

2.6. Financial Instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	1,726	372	2,098

As at 31 March 2025	1,726	372	2,098

Depreciation
As at 1 April 2024	193	43	236
Provided during the period	345	74	419

As at 31 March 2025	538	117	655

...CONTINUED

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Dsbg Hh Riverside Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	1,188	255	1,443

As at 1 April 2024	1,533	329	1,862

6. Investment Property

	31 March 2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	8,546,240

7. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	132,102	136,514
Other debtors	177,665	334,600

	309,767	471,114

8. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	306,902	164,403
Other creditors	353,247	441,612
Taxation and social security	216,451	92,783

	876,600	698,798

9. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 March 2024
	£	£
Other creditors	9,070,954	9,070,954

10. Share Capital

	31 March 2025	31 March 2024
Allotted, called up and fully paid	£	£
400 Ordinary Shares of £ 1.00 each	400	400

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Dsbg Hh Riverside Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 March 2025	31 March 2024
	£	£
Not later than one year	150,000	150,000
Later than one year and not later than five years	600,000	600,000
Later than five years	18,562,500	18,712,500

	19,312,500	19,462,500

12. Related Party Transactions

At the year end £3,271,016 (2024: £3,271,016) was owed to the joint venture partners. The balance is included within other creditors falling due within one year.

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Directors	Andrew Bugler
	Simon Miller

Company Number	14665988

Registered Office	Pound House
	62 A Highgate High Street
	London
	N6 5HX

Accountants	Sterling Accounting Solutions Ltd
	Chartered Accountants
	SAS House
	Chipperfield Road
	Kings Langley
	Hertfordshire
	WD4 9JB