ACCOUNTS - Final Accounts preparation

Company registration number: 10103105

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	DISTRICTS RESIDENTIAL LTD


DISTRICTS RESIDENTIAL LTD

COMPANY INFORMATION

Director	B Asadi


Registered number	10103105


Registered office	4th Floor 95 Gresham Street
	London
	United Kingdom
	EC2V 7AB


Accountants	Menzies LLP
	Chartered Accountants
	Ashcombe House
	5 The Crescent
	Leatherhead
	Surrey
	KT22 8DY


DISTRICTS RESIDENTIAL LTD

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 4


DISTRICTS RESIDENTIAL LTD REGISTERED NUMBER:10103105

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	16,764		35,976
Cash at bank and in hand		7,770		12,987
		24,534		48,963
Creditors: amounts falling due within one year	5	(16,100)		(20,110)
Net current assets			8,434		28,853
Total assets less current liabilities			8,434		28,853

Net assets			8,434		28,853

Page 1


DISTRICTS RESIDENTIAL LTD REGISTERED NUMBER:10103105

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

		2024		2023
		£		£

Capital and reserves
Allotted and called up share capital	1	1
Profit and loss account	8,433	28,852
	8,434	28,853

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 December 2025.

B Asadi

Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2


DISTRICTS RESIDENTIAL LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Districts Residential Ltd 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

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Employees

The average monthly number of employees, including the director, during the year was 1 (2023 - 1).

Page 3


DISTRICTS RESIDENTIAL LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Other debtors	16,764	35,976
	16,764	35,976

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	-	225
Corporation tax	11,620	8,805
Accruals and deferred income	4,480	11,080
	16,100	20,110

6.	Related party transactions
	At 31 December 2024, included within other debtors is an amount of £Nil (2023 - £11,764) owed by the director, B Asadi. During the year, the director received advances of £Nil (2023 - £10,000) from the company and made repayments of £11,764 (2023 - £5,000). No interest was charged on this loan.

Page 4