DBH PROPERTY SERVICES LIMITED


Directors	Mr D B Henderson
	Mrs Y Henderson


Registered Address	125 Queen Street
	Whitehaven
	CA28 7QF


Registered Number	12288722 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		3,447,556		3,447,556
			3,447,556		3,447,556
Current assets
Debtors		8,974		1,069,964
Cash at bank and on hand		33,655		81,067
		42,629		1,151,031
Creditors amounts falling due within one year	4	(2,253,997)		(3,095,505)
Net current assets (liabilities)			(2,211,368)		(1,944,474)
Total assets less current liabilities			1,236,188		1,503,082
Creditors amounts falling due after one year	5		-		(344,670)
Net assets			1,236,188		1,158,412
Capital and reserves
Called up share capital			100		100
Profit and loss account			1,236,088		1,158,312
Shareholders' funds			1,236,188		1,158,412

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 1 October 2025, and are signed on its behalf by:

Mr D B Henderson
Director
Registered Company No. 12288722

DBH PROPERTY SERVICES LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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/or the 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 policy

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/or the 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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Investment property


		£
	Fair value at 01 April 24	3,447,556
	At 31 March 25	3,447,556

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	6,175
Amounts owed to related parties	2,207,559	2,380,939
Taxation and social security	25,478	16,517
Other creditors	-	670,776
Accrued liabilities and deferred income	20,960	21,098
Total	2,253,997	3,095,505

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	344,670
Total	-	344,670

6.	Related party transactions
	Mr D B Henderson (director and shareholder) is also director and shareholder of Company X. During the year the company had an interest free loan of £2,133,935 (2024 - 2,113,278) from Company X.