REGISTERED NUMBER: 11865061 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

D S Colchester (Properties) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S A Pitt

Mrs T J Pitt

REGISTERED OFFICE:

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

REGISTERED NUMBER:

11865061 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Tangible assets

4

39,778

153

Investment property

5

2,045,000

2,005,000

2,084,778

2,005,153

CURRENT ASSETS

Debtors

6

398

356

Cash at bank

10,101

4,900

10,499

5,256

CREDITORS

Amounts falling due within one year

7

439,518

452,785

NET CURRENT LIABILITIES

(429,019

)

(447,529

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,655,759

1,557,624

CREDITORS

Amounts falling due after more than one year

8

(1,178,982

)

(1,161,476

)

PROVISIONS FOR LIABILITIES

(96,025

)

(86,037

)

NET ASSETS

380,752

310,111

CAPITAL AND RESERVES

Called up share capital

9

50,000

50,000

Non-distributable reserves

10

287,998

257,998

Retained earnings

42,754

2,113

SHAREHOLDERS' FUNDS

380,752

310,111

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 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 Statement of Comprehensive Income has not been delivered.

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

Mr S A Pitt - Director

1.	STATUTORY INFORMATION

D S Colchester (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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

-

758

758

Additions

52,900

-

52,900

At 31 March 2025

52,900

758

53,658

DEPRECIATION

At 1 April 2024

-

605

605

Charge for year

13,225

50

13,275

At 31 March 2025

13,225

655

13,880

NET BOOK VALUE

At 31 March 2025

39,675

103

39,778

At 31 March 2024

-

153

153

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

2,005,000

Revaluations

40,000

At 31 March 2025

2,045,000

NET BOOK VALUE

At 31 March 2025

2,045,000

At 31 March 2024

2,005,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2020

54,265

Valuation in 2022

96,341

Valuation in 2023

91,285

Valuation in 2024

102,106

Valuation in 2025

40,000

Cost

1,661,003

2,045,000

If Investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

1,661,003

1,661,003

Investment property was valued on an open market basis on 31 March 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments and accrued income

398

356

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

18,210

15,300

Hire purchase contracts

11,764

-

Trade creditors

1,988

-

Tax

2,904

1,118

Social security and other taxes

140

140

Other creditors

393,567

432,639

Accruals and deferred income

10,945

3,588

439,518

452,785

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

19,239

16,242

Bank loans - 2-5 years

64,534

55,024

Bank loans more 5 yr by instal

1,059,046

1,090,210

Hire purchase contracts

36,163

-

1,178,982

1,161,476

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,059,046

1,090,210

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

25,500

Ordinary A

£1

25,500

25,500

24,500

Ordinary B

£1

24,500

24,500

50,000

50,000

10.

RESERVES

Non-distributable

reserves

£

At 1 April 2024

257,998

Unrealised surplus on

revaluation of investment

properties

40,000

Deferred tax on unrealised

revaluation surpluses

(10,000

)

At 31 March 2025

287,998

11.	RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided by companies under common control amounted to £393,567 (2024: £432,639).

During the year an intercompany balance of £32,000 (2024: £20,000) was written off.